Adani Enterprises Q2 profit jumps 83% but revenue shrinks| Business News

Consolidated net profit of Adani Enterprises Ltd. rose 83.7% over the year-ago period to ₹3,199 crore in the three months ended 30 September 2025, on revenue that fell 6% year-on-year to ₹21,249 crore.

Adani Enterprises Q2 Results FY26 (Consolidated, YoY)

– Revenue down 6% at ₹21,249 crore

– EBITDA down 12.2% at ₹3,307 crore

– EBITDA margin down 110 bps at 15.6%

– Net profit up 83.7% at ₹3,199 crore

One basis point is one-hundredth of a percentage point.

Adani Enterprises’ operational profitability took a hit due to a decrease in trade volume, price voltility and commercial mining during the quarter, even as the airports business provided necessary support.

Separately, the billionaire Gautam Adani-led company has approved a rights issue of ₹25,000 crore to stregthen its balance sheet.

Consolidated net profit of Mahindra & Mahindra Ltd. rose 18% over the year-ago period to ₹4,520.52 crore in the three months ended 30 September 2025, on revenue that increased 21.3% year-on-year to ₹33,421 crore, according to an exchange filing on Tuesday (4 November 2025).

M&M Q2 Results (Consolidated, YoY)

– Revenue up 21.3% at ₹33,421.60 crore

– EBITDA up 23% at ₹4,809.22 crore

– EBITDA margin up 20 bps at 14.4%

– Net profit up 18% at ₹4,520.52 crore

One basis point is one-hundredth of a percentage point.

Consolidated net profit of Greenply Industries Ltd. fell 9% from the year-ago period to ₹15.9 crore in the three months ended 30 September 2025, on revenue that increased 7.5% year-on-year to ₹689 crore, according to an exchange filing on Tuesday (4 November 2025).

Greenply Q2 Results (Consolidated, YoY)

– Revenue up 7.5% at ₹689 crore

– EBITDA down 1.7% at ₹56.8 crore

– EBITDA margin down 80 bps at 8.2%

– Net profit down 9% at ₹15.9 crore

One basis point is one-hundredth of a percentage point.

Net profit of Escorts Kubota Ltd. fell 1.9% from the year-ago period to ₹318 crore in the three months ended 30 September 2025, on revenue that increased 22.6% year-on-year to ₹2,792 crore, according to an exchange filing on Tuesday (4 November 2025).

Escorts Kubota Q2 Results FY26 (Consolidated, YoY)

– Revenue up 22.6% at ₹2,792 crore

– EBITDA up 56.4% at ₹360 crore

– EBITDA margin up 280 bps at 12.9%

– Net profit down 1.9% at ₹318 crore

One basis point is one-hundredth of a percentage point.

The stock fell sharply after quarterly results were announced.

Standalone net profit of State Bank of India (SBI) rose 10% over the year-ago period to ₹20,159.67 crore in the three months ended 30 September 2025, on net interest income (revenue) that increased 3% to ₹42,984.06 crore, according to an exchange filing on Tuesday (4 November 2025).

SBI Q2 Results (Standalone, YoY)

– NII up 3% at ₹42,984.06 crore

– Net profit up 10% at ₹20,159 crore

As far as asset quality is concerned, SBI’s gross NPA ratio improved 10 basis points to 1.73% in Q2 FY26 as against 1.83% in Q1 FY26, even as net NPA ratio stood at 0.42% in Q2 FY26 versus 0.47% in Q1 FY26. But provisions against non-performing assets increased 19.9% year-on-year to ₹5,400 crore in the July-September quarter.

One basis point is one-hundredth of a percentage point.

Net profit of Adani Ports & SEZ Ltd. rose 27.2% over the year-ago period to ₹3,109 crore in the three months ended 30 September 2025, on revenue that increased 29.7% year-on-year to ₹9,167 crore, according to an exchange filing on Tuesday (4 November 2025).

Adani Ports Q2 Results FY26 (Consolidated, YoY)

– Revenue up 29.7% at ₹9,167 crore

– EBITDA up 27% at ₹5,550 crore

– EBITDA margin down 130 bps at 60.5%

– Net profit up 27.2% at ₹3,109 crore

One basis point is one-hundredth of a percentage point.

Net profit of Suzlon Energy Ltd. jumped more than sixfold over the year-ago period to ₹1,279 crore in the three months ended 30 September 2025, on revenue that grew 84.1% year-on-year to ₹3,872 crore.

Suzlon Energy Q2 Results (Consolidated, YoY)

– Revenue up 84.1% at ₹3,872 crore

– EBITDA up 149.31% at ₹728 crore

– EBITDA margin up 490 bps at 18.8%

– Net profit up 539.5% at ₹1,279 crore

One basis point is one-hundredth of a percentage point.

The quarterly results shot up Suzlon Energy’s share price by as much as 2%.

ALSO READ | Why Suzlon Energy’s profit jumped sixfold jump in Q2 FY26

Here’s a list of the prominent companies reporting quarterly results today:

State Bank of India, Mahindra & Mahindra Ltd., Adani Enterprises Ltd., Adani Ports & SEZ Ltd., Interglobe Aviation Ltd. (IndiGo), One97 Communications Ltd., Indian Hotels Co. Ltd., Suzlon Energy Ltd., Berger Paints Ltd., Escorts Kubota Ltd., Alembic Pharma Ltd. and Whirlpool of India Ltd.