JK Cement Ltd announced on Saturday a 15.3% decline in consolidated net profit during the June quarter. The profit amounted to 274.62 crore rupees.
According to the regulatory filings of JK Cement Ltd (JKCL), in the same period last year, the company earned a profit of 324.25 crore rupees. For the June quarter, operating revenue increased by 20.25%, reaching 4,031.72 crore rupees compared to 3,352.53 crore rupees the previous year.
JKCL's total expenses for the June quarter were 3,664.82 crore rupees, showing an increase of 25.5%. JKCL's total income, which includes other receipts, reached 4,070.97 crore rupees, marking a growth of 19.41% in the first quarter of the 2027 fiscal year.
IDBI Bank reported the results for the first quarter of the current fiscal year in its regulatory filings. The bank noted an increase in total income to INR 8,573 crore for the June quarter of 2026-27, compared to INR 8,458 crore a year earlier.
During the first quarter of the current fiscal year, the bank demonstrated a 5% increase in net profit, reaching INR 2,115 crore. This exceeds the net profit of INR 2,007 crore earned in the same quarter of the previous fiscal year.
The bank's interest income increased to INR 7,541 crore, whereas it was recorded at INR 7,021 crore in the June quarter of fiscal year 2026. Furthermore, Net Interest Income (NII) rose to INR 3,486 crore, which is 10% more than INR 3,166 crore in the first quarter of last year.
Despite the rise in revenues, the bank's operating profit decreased to INR 2,168 crore compared to INR 2,354 crore a year ago. The Net Interest Margin slightly declined to 3.61%, compared to 3.68% in the April-June period of last year.
The quality of the bank's assets improved: Gross Non-Performing Assets (NPA) decreased to 2.3% of total loans by the end of June, down from 2.93% a year earlier. Similarly, Net NPAs, or bad loans, reduced to 0.16% from 0.21% in the period preceding the year.
The total loan book grew to INR 258,968 crore as of June 30, 2026, which is 22% more than INR 211,907 crore on June 30, 2025. Total deposits increased by 10% to INR 325,757 crore at the end of June 2026, compared to INR 296,782 crore at the end of June 2025.
The Provision Coverage Ratio (PCR) remained unchanged at 99.31% as of June 30, 2026. Meanwhile, Return on Assets (ROA) decreased to 1.89% in June 2026 compared to 2.01% a year earlier.
Reliance Retail Ventures Ltd (RRVL) reported a year-on-year decrease in net profit of 14.1%, amounting to 2,805 crore rupees, for the first quarter of fiscal year 27.
The company's CEO, Isha Ambani, noted that Reliance Retail demonstrated steady results in the first quarter of fiscal year 27, highlighting growth in key consumer segments. She emphasized that continuous investment in digital commerce business shows the transformative power of digital platforms, while expanding the customer base, having the widest network of stores, and growing omnichannel interaction capabilities allow the company to meet the daily needs of Indians.
Reliance Retail's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) decreased by 1.8% to 5,935 crore rupees. During the reporting quarter, which ended in June, financial expenses increased by 34% year-on-year, reaching 793 crore rupees.
Chairman and Managing Director of Reliance Industries, Mukesh Ambani, stated that Reliance Retail showed steady growth this quarter, maintaining stability across all formats and consumption channels. He expressed confidence that the company's omnichannel presence continues to serve millions of Indian consumers and is well-positioned to benefit from long-term consumption growth in India.
During the post-results briefing, Reliance Industries CFO, Shrikant Venkataruri, reported that the company is focused on scaling its digital commerce business, which is supported by physical infrastructure, and plans to develop the digital business in the coming quarters.
The total operating revenue of the country's largest retailer reached 79,745 crore rupees, an 8.2% increase compared to last year. Gross revenue grew by 7.4% to 90,408 crore rupees. When adjusted for the separation of businesses by consumer brands, gross revenue increased by 11.6% year-on-year, demonstrating double-digit growth in the grocery, fashion, lifestyle, and consumer electronics segments.
Compared to the previous period, operating revenue declined by 8.7%, and net profit fell by 21.5%. During the quarter, the company opened 252 new stores, bringing the total number of stores to 20,169, with a total retail area of 78.4 million square feet.
Reliance Consumer Products reported a gross revenue of 8,600 crore rupees for the April-June quarter, more than double the figure from last year. In the daily essentials category, led by the Independence brand, sales amounted to 3,200 crore rupees in the first quarter.
The company also reported that beverages under the Campa brand generated 2,900 crore rupees in revenue in the first quarter, accounting for over 50% of the financial year 26 sales in the first quarter and capturing a double-digit market share in key markets. The fast-moving consumer goods segment now has over 5,000 distributors and is present in more than 3 million points of sale.
Furthermore, the company is expanding its presence in international markets, planning product launches in Australia and African countries. Mukesh Ambani added that the consumer goods business is rapidly evolving, and the portfolio of FMCG brands is gaining real popularity among Indian consumers, and that RCPL (Reliance Consumer Products Ltd) has doubled its revenue compared to the previous year.
