Business & Finance

Petronet LNG, Marico, and MobiKwik Post Strong Q2 Profits While ITC and Wockhardt See Declines

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Petronet LNG, Marico, and MobiKwik Post Strong Q2 Profits While ITC and Wockhardt See Declines
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On 2 November 2026, several Indian companies released their second‑quarter results for FY27. Petronet LNG reported a standalone net profit of ₹1,235.40 crore, up 53.3 % from ₹805.75 crore in Q2FY26, and declared an interim dividend of ₹7 per share. Marico’s standalone net profit rose 71.6 % to ₹683 crore from ₹398 crore in the same quarter a year earlier. MobiKwik posted a profit of ₹15 crore, marking its fourth consecutive profitable quarter. ITC’s consolidated net profit fell 18.45 % to ₹4,229.33 crore, while Wockhardt’s consolidated net profit declined 11 % to ₹73 crore. Escorts Kubota’s standalone PAT dropped 20 % to ₹255.04 crore. Other highlights include UPL’s PAT falling to ₹99 crore, Granules India’s net profit up 39 % to ₹182 crore, and Eureka Forbes’ net profit rising 19 % to ₹73.34 crore. The market reacted positively, with the Sensex and Nifty 50 closing higher on the day.

Frequently asked questions

What was Petronet LNG's Q2 FY27 net profit?

Petronet LNG reported a standalone net profit of ₹1,235.40 crore in Q2 FY27.

Which company saw a decline in consolidated net profit in Q2 FY27?

ITC's consolidated net profit fell 18.45% to ₹4,229.33 crore in Q2 FY27.

Did the Sensex and Nifty 50 rise after the earnings releases?

Yes, the Sensex and Nifty 50 closed higher on the day.

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