Net profit rose 116% YoY to ₹215 crore. Earnings per share came in at ₹9.17. The EBITDA margin held steady at 19%.

Net profit for Q2FY27 stood at ₹1,332.16 lakh, reversing a loss of ₹136.90 lakh in Q2FY26. Revenue from operations grew 79.7% YoY to ₹1,604.82 crore. Trade receivables increased to ₹9,698.05 lakh from ₹6,240.70 lakh as on March 31, 2026. Munjal M. Jaykrishna re-appointed as MD & CEO for three years subject to shareholder approval.

HD Fire Protect's initial public offering was subscribed 33.67x on its third day, with qualified institutional buyers (QIBs) bidding 17.99x, up from 1.49x at the close of day two. Big non-institutional investors (bHNIs) led demand at 108.30x, while retail investors subscribed 16.12x. The company is scheduled to allot shares on October 16, 2026 and to list them on October 21, 2026. The prospectus flagged heavy supplier concentration, with the top 10 suppliers accounting for nearly 60% of first-quarter expenses, no long-term purchase agreements and about 45% of procurement imported — including 24.98% to 30.96% from China — without price hedging.

Brent crude briefly rose to $104 a barrel as the U.S. military prepared for strikes on Iran, while WTI futures gained 1.61% to $89.70. Dow futures fell 0.70% and S&P 500 futures dropped 0.35%. Fed minutes signaled a possible rate hike by year-end, even as markets priced an 80% chance rates stay unchanged. Micron shares slid 1.45% after a union in Taiwan voted on a strike.

The Reserve Bank of India has approved Anup Bagchi to take over as HDFC Bank’s managing director and chief executive officer for a three-year term starting Oct. 27, 2026. The bank will run a postal ballot from Oct. 8 to Nov. 6, 2026 to seek shareholder approval. Bagchi previously helped ICICI Bank become India’s first private-sector bank to cross a ₹2 trillion retail mortgage portfolio during his tenure there.

PTC Industries said its Q1FY27 consolidated revenue from operations rose 97.4% year on year to ₹1,918.0 crore. Net profit climbed 466.2% to ₹291.9 crore, while EBITDA increased 180.1% to ₹542.1 crore. Operating cash flow turned positive at ₹442.5 crore, compared with a negative outflow of ₹345.4 crore a year earlier.

Thor Industries reported fourth-quarter revenue of $2.312 billion, beating analysts’ expectations of $2.168 billion. Earnings came in at 78 cents per share, below the 96 cents per share analysts had forecast. Shares rose about 5% on Tuesday after the sales beat.

CMI Limited posted a net loss of ₹478.9 lakh for the quarter ended September 30, 2025, widening from ₹128.5 lakh in the preceding quarter. The company’s total equity turned negative at ₹(15,260.8 lakh) as accumulated losses exceeded paidup capital. Auditors issued a disclaimer after saying they could not obtain sufficient evidence to verify key assets and liabilities while the company remains under the Corporate Insolvency Resolution Process (CIRP). The company continues to operate under the supervision of a resolution professional, with the board’s powers suspended.

CMI Ltd reported a net loss of ₹128.51 lakh for the quarter ended June 30, 2025, narrowing from ₹351.66 lakh a year earlier. Revenue from operations fell to ₹1,380.25 lakh in Q1FY26 from ₹1,561.22 lakh in Q1FY25. Total expenses declined to ₹1,526.89 lakh from ₹1,931.66 lakh, helping offset the drop in revenue. The company remains under a Corporate Insolvency Resolution Process (CIRP), with the board’s powers suspended and auditors flagging limits in verifying certain balances and records.