Bosch, Vodafone Idea, Hindustan Copper, and other companies announce first quarter results

Today is scheduled for the release of first-quarter (Q1FY27) financial reports from several companies, including Aurobindo Pharma, JK Lakshmi Cement, PB Fintech, Biocon, Cummins India, and Power Grid Corporation of India.

Other firms set to present their results today include Allcargo Logistics, Aster DM Quality Care, Berger Paints India, Bikaji Foods, Brigade Hotel Ventures, Gujarat Narmada Valley Fertilizers & Chemicals, Godrej Agrovet, Shree Renuka Sugars, and Whirlpool of India.

ONGC First Quarter Results

The state-owned Oil and Natural Gas Corporation (ONGC) Ltd reported an 112 percent year-on-year increase in net income to ₹17,034 crore for the first quarter of the fiscal year 2026-27 (FY27).

The company's production segment revenue increased by 45.2 percent year-on-year, reaching ₹46,460 crore for the quarter. Gas revenue from new wells amounted to ₹3,998 crore, contributing an additional ₹1,897 crore compared to gas prices under the Administered Price Mechanism (APM). Gas from new wells now accounts for approximately 38 percent of the total gas portfolio revenue managed by ONGC.

However, ONGC's consolidated net profit decreased by 43.3 percent in the first quarter due to a consolidated loss of ₹12,265 crore by Hindustan Petroleum Corporation Ltd (HPCL). This loss was caused by foregone revenues from petroleum products following a sharp rise in crude oil prices triggered by the Middle East crisis.

United Breweries First Quarter Results

Beverage manufacturer United Breweries Ltd (UBL) announced on Tuesday a 9.64 percent decline in consolidated net profit to ₹166.28 crore for the June quarter of FY27. This decrease was attributed to increased expenses and the impact of the Middle East conflict on margins.

According to regulatory filings, the company recorded a net profit of ₹184.03 crore in the April-June quarter of the previous year. However, operating revenue grew by 10 percent, reaching ₹5,919.44 crore in the June quarter of FY27 compared to ₹5,380.78 crore the previous year.

The company noted in its earnings report that the growth was driven by the beer category, which continued to show double-digit growth. UBL stated: 'UBL sales volumes grew by 9%, and realization volumes grew by 13% in the first quarter of FY27, while intentionally reducing inventory levels (-20%) to improve cash flow.' Net sales increased by more than 7 percent, supported by volume growth and price hikes, as well as a favorable geographical mix, although these gains were partially offset by procurement structure.

Market Overview for Today

The GIFT Nifty indicator signaled an upward opening for the Nifty50 index as risk sentiment improved following the statement by US Treasury Secretary Scott Bessent regarding the possibility of a swift agreement between Washington and Tehran. GIFT Nifty futures traded at 24,728, showing a rise of 172 points around 9 am.

In the domestic market, investors await the outcome of the Reserve Bank of India's Monetary Policy Committee meeting, where the rate-setting panel is expected to keep interest rates unchanged. Markets across the Asia-Pacific region also rose after Bessent's comments.

Today is scheduled for the release of first-quarter financial reports for the fiscal year 2027 (Q1FY27) for a number of companies. Among them are DLF, UPL, Indian Renewable Energy Development Agency (Ireda), Escorts Kubota, Jindal Stainless, KEI Industries, Torrent Power, Ather Energy, JM Financial, Nazara Technologies, INOX India, and others.

The list of companies presenting their reports today includes Artemis Medicare Services, One MobiKwik Systems, Thomas Cook (India), Northern Arc Capital, Kalpataru, Lotus Developers & Realty, Restaurant Brands Asia, SAMHI Hotels, Gulf Oil Lubricants India, DOMS Industries, Dr Agarwal's Eye Hospital, Stove Kraft, Ethos, Dhanuka Agritech, Crizac, GPT Healthcare, Chemcon Speciality Chemicals, and Bharat Gears.

Key highlights of Muthoot Finance's first quarter results

Muthoot Finance, an NBFC specializing in gold loans, reported a 43% year-on-year increase in consolidated net profit, reaching ₹2,825 crore for the April-June period. This growth was driven by a strong increase in the loan portfolio volume.

The company's total revenue in Q1FY27 increased to ₹8,695 crore compared to ₹6,485 crore the previous year, while total expenses rose to ₹4,898 crore from ₹3,812 crore previously. The company's assets under management also increased by 43% year-on-year, amounting to ₹1.92 trillion, reflecting sustained demand for gold loans.

Market overview for today

The GIFT Nifty indicator signaled a positive start for domestic stocks on Monday, as futures trading rose by 136 points to 24,589, aided by falling oil prices which boosted investor sentiment.

However, Asian markets showed declines. The most noticeable drop was recorded on the KOSPI of South Korea, which fell by more than 4%. Japan's Nikkei 225 index decreased by 1.84%, and Hong Kong's Hang Seng index dropped by 3.9%.

On Wall Street, the situation was more stable: the Dow Jones Industrial Average rose by 0.53% on Friday, the S&P 500 increased by 0.70%, and the Nasdaq Composite advanced by 1%.

Oil prices sharply declined after US President Donald Trump announced talks with Tehran for Monday. This raised hopes for a deal that could ease concerns about supply disruptions through the Strait of Hormuz. Brent crude futures fell by 4.81% to $83.70 per barrel.

Among the companies publishing Q1 results today, August 3, are organizations such as Aeroplane Healthcare Ltd, Amerise Biosciences Ltd, Amraworld Agrico Ltd, DLF Ltd, Escorts Kubota Ltd, Jindal Stainless Ltd, and many others.

Today, July 27, is scheduled for the announcement of first-quarter financial results for 68 different companies. Among them are Coal India, Bharat Electronics (BEL), Tata Power, Canara Bank, Indus Towers, Coforge, Housing & Urban Development Corporation, and Tata Chemicals.

Forecast for Coal India

The state-owned company Coal India is expected to show moderate profit growth in the first quarter (Q1FY27). Analysts note that the company's performance is influenced by declining shipment volumes, weakening premium electricity prices, and increased operating expenses.

According to Kotak Institutional Equities, CIL's net profit may decrease by 10.7% year-on-year (Y-o-Y), amounting to ₹7,802.6 crore, while revenue is expected to grow by 1.4% to ₹32,333.2 crore, as reported by Business Standard.

Meanwhile, the brokerage firm Motilal Oswal Financial Services (MOFSL) forecasts a 6% rise in Coal India's Profit After Tax (PAT) to ₹9,330 crore in the first quarter. MOFSL also expects the company's net sales to jump by 22.6% in Q1 FY27, reaching ₹43,930 crore.

Modest shipments of 198 million tonnes (a 3.5% Y-o-Y increase) in Q1 FY27 are expected to impact quarterly profits. The brokerage firm anticipates an average realization of ₹1,635 per tonne (a 2% Y-o-Y decrease) in Q1 FY27, with realization at electronic auctions set at ₹2,400 per tonne.

Results of Banks and Financial Institutions

Private lender IDFC First Bank reported a record quarterly Profit After Tax (PAT) of ₹1,075 crore in Q1FY27, which is 132.4% higher compared to ₹463 crore the previous year. The bank's customer business grew by 18.6% to ₹604,776 crore as of June 30, 2026, compared to ₹510,031 crore on June 30, 2025.

AU Small Finance Bank reported a 37% year-on-year increase in net profit to ₹796 crore in Q1FY27. However, the bank's net profit sequentially decreased by 4%. The private lender's Net Interest Income (NII) rose by 32% year-on-year to ₹2,695 crore in the first quarter, supported by healthy loan growth. The bank's other income decreased by 15% year-on-year to ₹689 crore.

Market Overview on July 25

Indian stock indices are likely to open on a positive note today, as the US and Iran suspended attacks for the second consecutive day on Sunday amid ongoing efforts to bring the countries back to negotiations. As of 7:35 AM, GIFT Nifty was trading up 131 points, or 0.51%, at 23,956.

Earlier on Friday, Nifty50 and Sensex continued their decline for the fifth consecutive session, marking the longest streak of declines since January. Sensex closed at 76,059.77, down 332 points or 0.43%, while Nifty50 fell by 102.15 points or 0.43% to 23,767.45.