July 23, 2026: India's Q1 FY27 earnings season remained in focus on Thursday as more than 60 companies reported their April-June quarter results. IndiGo reported a net loss of ₹238 crore, while Infosys' net profit declined 8.6% to ₹7,769 crore. Meesho narrowed its net loss to ₹132.8 crore as revenue surged 48.3% to ₹3,713 crore.
Among other major results, Cyient's net profit nearly doubled 90% to ₹104 crore, while Indian Energy Exchange (IEX) reported an 11.6% rise in net profit to ₹135 crore. Sona BLW Precision Forgings' profit increased 44.7% to ₹180 crore, and PVR INOX swung to a net profit of ₹56.5 crore from a loss in the year-ago quarter.
Key Q1 FY27 Results Announced on July 23
- IndiGo: Net loss of ₹238 crore versus a profit of ₹2,176 crore; revenue rose 20% to ₹24,584 crore.
- Infosys: Net profit fell 8.6% to ₹7,769 crore; revenue increased 3.9% to ₹48,211 crore.
- Meesho: Net loss narrowed to ₹132.8 crore from ₹289.3 crore; revenue jumped 48.3% to ₹3,713 crore.
- Cyient: Net profit surged 90% to ₹104 crore; revenue rose 7.7% to ₹2,076 crore.
- IEX: Net profit increased 11.6% to ₹135 crore; revenue rose 11.4% to ₹157.9 crore.
- Sona BLW: Net profit climbed 44.7% to ₹180 crore; revenue increased 54% to ₹1,310 crore.
- PVR INOX: Swung to a ₹56.5 crore profit from a ₹54.5 crore loss; revenue rose 11.9% to ₹1,622 crore.
- Vishal Mega Mart: Net profit rose 25.6% to ₹259 crore; revenue increased 18.7% to ₹3,727 crore.
- Ujjivan Small Finance Bank: Net profit rose to ₹317 crore from ₹103 crore; net interest income increased 39% to ₹1,187 crore.
- Gujarat Alkalies & Chemicals: Swung to a ₹55 crore profit from a ₹13.8 crore loss; revenue increased 12.6% to ₹1,245 crore.
- Fineotex Chemical: Net profit increased 54.8% to ₹38.4 crore; revenue surged 174.7% to ₹376.6 crore.
- Thyrocare Technologies: Net profit rose 34% to ₹52.2 crore; revenue increased 24.3% to ₹240 crore.
- NIIT Learning Systems: Net profit rose 16.4% to ₹57.4 crore; revenue increased 25.2% to ₹565 crore.
- Novartis India: Net profit increased 16.7% to ₹32.2 crore; revenue rose 18.7% to ₹104 crore.
- Solara Active Pharma Sciences: Net profit rose 55% to ₹16.3 crore; revenue increased 19.6% to ₹382 crore.
- Mahindra Lifespace Developers: Net profit rose 67% to ₹85.5 crore; EBITDA stood at ₹94.5 crore.
- Coromandel International: Net profit declined 23.9% to ₹382 crore despite a 15.9% rise in revenue to ₹8,165 crore.
- Chennai Petroleum: Net profit fell 27% to ₹1,017 crore, while revenue rose 43.5% to ₹27,370 crore.
Infosys also announced a leadership transition, appointing Ashiss Kumar Dash as CEO-designate. He is scheduled to take over as CEO from April 1.
Disclaimer
The information provided in this article is based on publicly available company disclosures and reported financial data. The figures and comparisons are presented for informational purposes only and should not be construed as investment advice, a recommendation to buy or sell securities, or a guarantee of future performance. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.
