Q2 Results Today, October 9 Live: GM Breweries Q2 Net Profit jumps 61% YoY

The total reported revenue of Rs 717.9 crore for GM Breweries in Q2 FY26 includes excise duty, VAT, and TCS. After adjusting for these levies — which typically account for a substantial portion of the gross revenue in the liquor industry — the company’s net sales (revenue net of taxes) stand at Rs 181 crore, up 22% year-on-year (YoY) from Rs 149 crore in Q2 FY25

Nine companies are set to release their Q2 FY26 results today (October 9), marking the official start of the September quarter earnings season.

The list includes major names like Tata Consultancy Services (TCS), Tata Elxsi, and GM Breweries, alongside mid and small-cap firms such as Eimco Elecon (India), 5paisa Capital, Ashiana Ispat, Triton Corp, Avasara Finance, and Evoq Remedies.

These earnings announcements will offer early insights into corporate performance across sectors including IT, financial services, and manufacturing, setting the tone for the rest of the reporting season.

Tata Elxsi is expected to post a modest revenue rise of 3% QoQ to ₹65,206 crore for the July–September quarter, up from ₹63,437 crore in the previous quarter. However, the company’s net profit is likely to decline 1% to ₹12,568 crore compared to ₹12,760 crore in Q1FY26.

Tata Elxsi has consistently declared its financial results after market hours, typically between 6:30 PM and 7:30 PM:

Q1 FY26: 10 Jul 2025 — 6:40 PM

Q4 FY25: 17 Apr 2025 — 6:35 PM

Q3 FY25: 09 Jan 2025 — 7:32 PM

Tata Elxsi shares traded higher on Wednesday ahead of the company’s Q2 FY26 earnings announcement. The stock gained 1.01% to ₹5,515 apiece on the NSE as of 10:05 AM. Investors are closely watching the company’s performance in key verticals such as automotive, media, and healthcare, which could influence overall revenue growth and margin trends for the quarter.

Last year, TCS announced its Q2 results around 6 PM (18:58), and the management will address the media after the results are reported.

Tata Consultancy Services (TCS) is expected to report revenue growth of 1% QoQ in Constant Currency (CC) terms, according to estimates by Motilal Oswal Financial Services. The company’s overall revenue for Q2 FY26 is projected to rise 3.1% sequentially to ₹65,403 crore, aided by growth in BFSI and Hi-tech verticals, along with cross-currency tailwinds.

In dollar terms, revenue is expected to climb 1% QoQ to $7,492 million. However, analysts caution that ramp-downs in select accounts and a muted demand environment could limit growth momentum during the quarter.

Shares of GM Breweries Ltd traded higher on Wednesday, gaining 0.73% to Rs 769.70 on the NSE, ahead of the company’s Q2 FY26 earnings announcement scheduled for later today. The stock opened on a positive note and added Rs 5.60 in early trade as investors turned their attention to the liquor manufacturer’s quarterly performance.

TCS Q2 Results LIVE: Shares of Tata Consultancy Services (TCS) traded higher on Thursday ahead of its much-awaited second-quarter earnings announcement. The stock opened at ₹3,035 apiece, compared to its previous close of ₹3,026.85 on the BSE.

During early trade, TCS rose 0.75% to ₹3,049.70 apiece, taking its market capitalization to around ₹11 lakh crore. The uptick comes as investors anticipate key commentary on deal wins, client spending trends, and outlook for FY26.

Tata Consultancy Services (TCS) will officially kickstart the July–September (Q2 FY26) earnings season today. The second quarter is expected to be a challenging one for Indian IT companies, marked by subdued discretionary spending, elongated client decision cycles, and cautious sentiment amid ongoing global macroeconomic uncertainty.

Additionally, AI-led technology transformation and project reprioritization by global clients are anticipated to impact revenue growth and deal momentum across the sector.