Strong trading volumes and credit demand propelled double-digit profit increases for major market infrastructure institutions and lenders during the second quarter. Across manufacturing and technology sectors, companies such as Minda Corporation and Aarti Drugs reported substantial profit surges. However, operational headwinds impacted several other businesses, as seen with Neuland Laboratories suffering a sharp earnings drop and retailer V-Mart Retail widening its net loss to Rs 16 crore despite posting higher revenue.
Key points
Domestic exchange operators and banking institutions benefited significantly from heighte…: Domestic exchange operators and banking institutions benefited significantly from heightened transaction charges and expanding credit income.
Several manufacturing and industrial companies delivered strong bottom-line growth, with…: Several manufacturing and industrial companies delivered strong bottom-line growth, with Aarti Drugs and Minda Corporation posting profit jumps over 60%.
Margin challenges persisted for select businesses, leading to a steep profit contraction…: Margin challenges persisted for select businesses, leading to a steep profit contraction at Neuland Laboratories and widening losses at V-Mart Retail.
Sources checked by our analysis pipeline: 1
Against this backdrop, several stocks, including NSE, BSE, SBI, Happiest Minds Technologies, Multi Commodity Exchange of India (MCX), Indian Energy Exchange (IEX) and Minda Corporation, are likely to remain in focus on Wednesday, November 4. Investors will track September-quarter earnings, monthly sales data, acquisition announcements, fundraising activity, operational updates and other corporate developments.
NSE
The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in consolidated profit after tax (PAT) to Rs 2,578 crore in Q2FY27, compared with Rs 2,098 crore in the corresponding quarter of the previous fiscal year. This marks the exchange's first set of quarterly results since its Dalal Street debut in September 2026.Consolidated revenue from transaction charges increased 9% YoY to Rs 3,035 crore in Q2FY27, compared with Rs 2,789 crore in Q2FY26. The growth was driven by higher trading volumes in the cash market and equity options segments.
SBI
State Bank of India (SBI), the country's largest public sector lender, reported a 14% YoY increase in standalone net profit to Rs 23,038 crore in Q2FY27, compared with Rs 20,160 crore in the…
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