Zydus Wellness reports net profit of 5.1 crore rupees with revenue growth to 1,126 crore rupees in the second quarter

Smartworks Coworking Spaces reported consolidated net profit of 25.64 crore rupees for the quarter ending in September, driven by increased revenues. It is worth noting that in the same period last year, the company incurred a net loss of 3.13 crore rupees.

According to regulatory filings, total revenue in the second quarter of the current fiscal year reached 605.3 crore rupees, representing a 37% increase compared to 441.06 crore rupees in the corresponding period last year.

Smartworks, one of the leading providers of managed office spaces in the country, has a portfolio of 17.5 million square feet spread across 71 centers in 15 cities in India and Singapore.

Neetish Sarda, founder and managing director of Smartworks, stated that the company demonstrated strong results in the first half of the year and is confidently moving towards achieving the plans set for the 2027 fiscal year. He noted that sustained demand is translating into growth: existing clients are expanding their collaborations, while new global enterprises, Indian conglomerates, and GCCs are choosing the company's platform for infrastructure needs. The diversification of the client base and the growing portfolio of large deals strengthen the company's business model.

Smartworks leases office premises from developers to create managed campuses and serves over 780 clients, including companies from the Fortune 500 and Forbes Global 2000 lists, international corporations, leading Indian conglomerates, and fast-growing businesses.

United Spirits Ltd announced a net profit of 462 crore rupees for the September quarter, which corresponds to the second financial quarter of 2027 (Q2 FY27).

Furthermore, the company's operating revenue reached 7001 crore rupees during this quarter.

Automotive market leader, Maruti Suzuki India Ltd, reported on Tuesday a 26.36% decline in its consolidated net profit for the second quarter ending in September. The profit amounted to 2,466.1 crore rupees. This decrease occurred despite revenue growth, which was driven by record car sales volumes during the quarter; however, it was caused by increased raw material costs linked to the Middle East conflict.

According to regulatory filings, the company recorded a net profit of 3,349 crore rupees in the same quarter of the previous fiscal year. For the period from July to September, total operating revenue increased to 53,355.5 crore rupees compared to 42,344.2 crore rupees in the same period of the 2025-26 fiscal year, as stated in the company's reports.

Total expenses for July-September also rose to 50,619 crore rupees compared to 39,018.4 crore rupees a year earlier. Furthermore, the cost of materials consumed in the second quarter grew to 37,488.5 crore rupees from 25,324.2 crore rupees in the corresponding period of the last fiscal year.

Financial Performance Details

In its statement, Maruti Suzuki India specified that the operating profit (EBIT) for this quarter reached 2,803.7 crore rupees, whereas it was 3,382 crore rupees in Q2 FY25-26. This reduction is attributed to rising raw material prices due to the Middle East conflict. Nevertheless, compared to Q1 FY26-27, there was a consistent growth of 10.8%. However, non-operating income sharply decreased in the second quarter due to losses from investment surplus valuation.

The company announced achieving an all-time high quarterly sales volume of 696,654 units, representing a 26.5% increase compared to the same period last year. The company's growth in the domestic passenger vehicle market was extensive: small car sales increased by 35.9%, and SUV sales increased by 68.2%. Newly launched company SUVs received a strong market response, contributing to such sustained growth.

Maruti Suzuki India reported that its domestic market share increased by 2.2 percentage points, reaching 40.8%. The company noted that the recent increase in production capacity allowed it to meet high demand. Despite the expansion of production capabilities, demand continued to outstrip supply, leading to a low network inventory of about 17 days and pending bookings of approximately 200,000 units by the end of the quarter.

In export markets, despite the complex geopolitical situation, the company managed to ship 108,119 units in Q2 FY 2026-27, compared to 110,487 units in Q2 FY25-26.