Q2 Results Highlights, 15 Oct: Wipro PAT rises 9% year-on-year; Tech Mahindra profit jumps 32.7%; Nestlé shares tank after Q2 results; IIFL Finance, IRFC, Polycab, KVB and HDFC AMC report higher PAT; Heritage Foods posts decline
Q2 Results Highlights, 15th October 2026: Stay tuned to get real-time market, business and financial news updates
Tech Mahindra's net profit increased by 32.7% to ₹1,586 crore in Q2FY27, with revenue growing 15.6% to ₹16,180 crore. The company secured new deal wins worth $1.02 billion. Heritage Foods Ltd experienced a 36.9% decline in consolidated net profit to ₹30.51 crore for Q2FY27, despite higher income. Polycab India reported a 44% increase in standalone PAT to ₹965.2 crore compared to the previous year.
Wipro's Q2 revenue rose 9.1% to ₹24,753 crore, outpacing estimates as European client spending rebounded and artificial intelligence generated new revenue streams. The standalone PAT for Wipro climbed 9.5% to Rs 2862.7 crore in Q2FY27, up from ₹2614.2 crore in Q2FY26.
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Also reported by 3 other outlets
- Tech Mahindra keeps margin target after quarterly revenue beat investing.com
- Tech Mahindra Q2 profit rises 32.7% to ₹1,586 crore; revenue up 15.6% business-standard.com
- India's Tech Mahindra second-quarter revenue beats estimate channelnewsasia.com