PRE-MARKET INDIAN STOCKS NEWS: Earnings and Automaker sales updates
Newsquawk Staff ·
ABB India (ABB IS) - Co. Q2 CY26 (INR) net rose 3% Y/Y to 3.62bln, revenue rose 21% Y/Y to 35.59bln. (Moneycontrol)
Hero MotoCorp (HMCL IS) - Co. reported total sales rose 18.6% Y/Y to 533k units, with domestic sales up 21.6% to 501k units and exports down 14.3% to 32,013 units. (Moneycontrol)
Hyundai Motor India (HYUNDAI IS) - Co. reported total sales rose 25.4% Y/Y to 75,360 units, with domestic sales up 23.3% to 54,210 units. (Moneycontrol)
Indian Oil (IOC IS) - Co. Q1 (INR) swung to a net loss of 26.61bln (prev. profit 56.89bln Y/Y), while revenue excluding excise duty rose 36% Y/Y to 2.62trln; Co. has no plans to shift away from Gulf crude, citing freight advantages and refinery configurations suited to Gulf grades. (Moneycontrol; ET)
ITC (ITC IS) - Co. Q1 (INR) net fell 27% Y/Y to 35.79bln, revenue rose 28% Y/Y to 269.43bln. (ET)
Mahindra & Mahindra (MM IS) - Co. reported total automotive sales rose 25.8% Y/Y to 103,860 units, domestic passenger vehicle sales rose 20.4% to 60,048 units and total tractor sales rose 20% to 34,420 units. (Moneycontrol)
Maruti Suzuki India (MSIL IS) - Co. Q1 (INR) net fell 11% Y/Y to 33.52bln, revenue rose 36% Y/Y to 524.56bln; total sales rose 33.7% Y/Y to 241k units, with domestic sales up 42.1% to 211k units. (ET; Moneycontrol)
National Aluminium Company (NACL IS) - Co. Q1 (INR) net rose 90.9% Y/Y to 20.03bln, revenue rose 39.3% Y/Y to 53.02bln. (Moneycontrol)
Punjab National Bank (PNB IS) - Co. has no immediate plans to monetise its subsidiaries, with management instead focused on strengthening their operations to unlock greater future value. (ET)
Sun Pharmaceutical Industries (SUNP IS) - Co. Q1 (INR) net rose 27% Y/Y to 28.95bln, revenue rose 10% Y/Y to 153.00bln. (ET)
Tata Motors Commercial Vehicles (TMCV IS) - Co. reported total sales rose 37% Y/Y to 39,641 units, with domestic sales up 28% to 33,876 units and exports up 128% to 5,765 units. (Moneycontrol)
Tata Motors Passenger Vehicles (TMPV IS) - Co. reported total sales rose 59% Y/Y to 63,760 units, with EV sales up 114% to 15,217 units. (Moneycontrol)
Zee Entertainment Enterprises (ZEEL IS) - SEBI barred the Co. and executives Punit Goenka and Subhash Chandra from the securities market after finding that company land in Hyderabad had been mortgaged against Essel Group loans without required corporate approvals. (ET)
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