India’s first-quarter fiscal 2027 earnings season has begun with a mixed bag of results from key energy and financial names.
Oil India and Hitachi Energy reported profit growth, signaling resilience in the power and energy infrastructure segments.
Meanwhile, loss-making firms such as Ola Electric and BEML reported narrowing deficits, suggesting some stabilization in their respective businesses.
Conversely, HGS slipped into a loss, highlighting divergent performance across the broader market.
The results come as more than 80 listed companies are scheduled to report for the quarter, with a heavy slate of updates from the energy and banking sectors.
State Bank of India (SBI) and Power Finance Corporation (PFC) also posted profit growth, providing a positive start for the financial sector.
Meanwhile, loss-making firms such as Ola Electric and BEML reported narrowing deficits, suggesting some stabilization in their respective businesses.