Q1 FY2027 Quarterly Result Highlights of Reliance Industries, Jio Financial Services, Polycab, Havells, HDFC AMC, ICICI Prudential AMC, Anand Rathi Brokers & ITC Hotels

Dynamic Cables Q1FY2027 Result: Revenue up 33% & PAT up 37%

• Dynamic Cables Limited (DYCL) announced its financial results for the first quarter (Q1 FY27).
• Revenue from Operations: Grew 33.23% year-on-year to ₹349.10 crore.
• Net Profit: Jumped 37.09% year-on-year to ₹24.95 crore compared to ₹18.20 crore in Q1 FY26.
• Operating Margin: Improved to 10.9% compared to 10.3% in the same period last year.
• Order Book: Stood at approximately ₹811 crore as of June 30, 2026.
• The robust performance was largely driven by sustained demand in renewable energy, private utilities, and international markets.

Share Reaction: Positive, up 15%

Aavas Financiers Q1 FY27 result: AUM up 15%, PAT jumps 23% YoY

• Aavas Financiers reported a 22% year-on-year growth in its pre-provisioning operating profit (PPOP, typically used as a core measure of EBITDA for NBFCs) for Q1 FY2027, reaching ₹233 crore.
• The growth was fueled by strong lending demand, with net profit rising 23% to ₹171 crore and total income advancing 13% to ₹709 crore.
• Loan Disbursements: Surged 41% year-on-year to ₹1,610 crore.
• Assets Under Management (AUM): Grew 15.4% year-on-year to ₹23,930 crore.
• Margin Expansion: Net Interest Margin (NIM) improved by 22 basis points year-on-year to 7.70%.Operating Efficiency: The cost-to-income ratio improved significantly by 254 basis points to 43.7%
• Net Profit rising 23% YoY to ₹171.27 crore and Net Interest Income increasing.
• Asset quality also improved, with Net Stage III (Net NPA) dropping to 0.71%.
• Total Income: Increased to ₹709.10 crore from ₹627.93 crore YoY.
• Return on Equity (ROE): Stood at 13.34%, compared to 12.56% in Q1 FY26.
• Return on Assets (ROA): Improved to 3.19%, up from 2.94% in Q1 FY26.Efficiency: The Cost-to-Income ratio improved by 254 basis points YoY to 43.7%
• Share Reaction: Positive

Sona BLW Q1FY2027 Result- PAT up 47%& Revenue up 52% YoY

• Sona BLW Precision Forgings (Sona Comstar) reported a 45% to 47% increase in net profit and a 52% to 54% jump in revenue for the first quarter of FY27.
• Consolidated PAT: ₹178.5 crore to ₹180.5 crore (up 45%–47% year-on-year from ₹121.7 crore)
• Revenue from Operations: ₹1,310.4 crore (up 54% year-on-year from ₹853.9 crore)
• EBITDA: ₹302.6 crore (up 49% year-on-year) with a margin of 23.1%
• BEV Revenue: ₹435.5 crore (up 107% year-on-year), hitting a record 44% share of total revenue
• Consolidated EPS: ₹2.90 (up from ₹2.01 year-on-year)
• Business Updates
• New Vertical: Announced entry into the Robotics and Physical AI segment with a board-approved capital expenditure of ₹62.6 crore.
• New Orders: Won three new program orders spanning EV, hybrid, and internal combustion engine (ICE) categories.
• Stock Reaction: Positive

Tata Consumer Products Q1 FY2027 Results – PAT up 28% & Revenue up 12% YoY

• Tata Consumer Products reported a 28% year-on-year increase in consolidated net profit to ₹427 crore for Q1 FY27, beating market estimates, compared to ₹334 crore in the same quarter last year.
• Revenue: Increased by 11.9% year-on-year to ₹5,348.88 crore, driven by a strong performance in the domestic market.
• EBITDA: Grew 19.3% to ₹724 crore, with margins expanding by 80 basis points to 13.5%.
• Segment Performance
• India Branded Business: Revenue grew 13.2% to ₹3,560.30 crore, supported by double-digit volume growth.
• International Business: Revenue advanced 17.25% to ₹1,342.80 crore.
• Growth Businesses: Expanded robustly with a 47% surge, aiding overall margin improvement and operating leverage
• Lower tea costs lift margins despite elevated coffee prices and inflationary input pressures.

Stock Reaction: Positive

Shriram Finance Result Q1 FY2027: PAT up 60% & NII up 34%

• Shriram Finance reported its Q1 FY27 results, featuring a 60% jump in net profit, a 34% rise in net interest income, and an improved return on assets.
• Net Profit: Rose ~60% year-on-year to ₹3,447 crore (compared to ₹2,156 crore in Q1 FY26), beating market consensus estimates.
• Net Interest Income (NII): Increased 34% to reach ₹8,056 crore, supported by strong retail and gold loan momentum.
• Return on Assets (RoA): Improved to 3.93% up from 2.76% in the corresponding period last year.
• Provisions: Loan losses and provisions increased to ₹1,463 crore compared to ₹1,409 crore in the previous quarter.
• Shriram Finance reported an operating profit (PPoP / Operating Profit before provisions) of ₹6,085.37 crore for the first quarter (Q1 FY27) ended June 30, 2026. This marks a strong growth of 45.2% YoY compared to the previous fiscal period and a 14.28% increase sequentially from Q4 FY26.
• Assets Under Management (AUM): ₹3,13,783.90 crore (up 15.26% YoY).

Stock Reaction: Positive

KFin Technologies reported Q1 FY27 results: Revenue up 30% & PAT down 2% YoY

• KFin Technologies reported a Q1 FY27 EBITDA of ₹122 crore, representing a 7.1% increase year-on-year from ₹113.7 crore, though the EBITDA margin contracted to 34.2% compared to 41.5% previously.
• EBITDA: ₹122 crore ($1220 million equivalent), up 7.1% YoY.
• EBITDA Margin: 34.2%, down from 41.5% in the corresponding previous period.
• Revenue: Rose 30.1% year-on-year to ₹356.54 crore (₹3,565.4 million).
• Net Profit (PAT): Stood at ₹75 crore, down 2.6% YoY
• Client Growth: Added 672 new corporate clients under issuer solutions during the quarter.
• Alternate Funds & NPS: Alternate funds count reached 757, and the National Pension System (NPS) subscriber base grew 39.4% YoY to 2.3 million.
• For Q1 FY27, KFin Technologies’ non-domestic mutual fund business increased its share to 39.6% of the overall revenue mix, driven primarily by an explosive surge in international segments.
• International & Other Investor Solutions: This was the star performer, with core international revenue surging by 192.1% year-on-year. Growth was heavily driven by the integration of Ascent Fund Services (which grew 32.0% YoY independently) alongside a 32.2% organic revenue increase from the KFintech SEA (South East Asia) business. The total international client base expanded to 511 clients.
• Domestic Mutual Fund Investor Solutions: Positioned as the foundational driver, this segment continued to benefit from massive systematic investment plan (SIP) inflows across the industry (with June reporting a record ₹31,781 crore industry-wide). The company’s overall Average Assets Under Management (AAUM) grew 16.4% year-on-year.
• Issuer Solutions: This segment followed its typical seasonal pattern with a softer first quarter. However, long-term acquisition metrics remained strong as the company added 672 new corporate clients during the quarter, maintaining a dominant 50.0% market share among NSE500 companies.
• The compression of KFin Technologies’ operating margin (EBITDA margin) from 41.55% down to 34.14% in Q1 FY27 was primarily driven by the integration of a lower-margin international acquisition and sharply rising employee costs. The four main pressure points include:
• The Ascent Acquisition Drag: The integration of Ascent Fund Services heavily weighed down the group profile. While Ascent’s revenue expanded, it operates at a significantly lower initial EBITDA margin of approximately 8% compared to KFin’s traditional ~40% standalone structure.
• Employee Cost Inflation: KFin experienced an intense 43.91% year-on-year surge in employee expenses, which grew to ₹160.77 crore. This was driven by planned annual salary increments and new talent acquisition to service international markets.
• Technology Implementation Costs: The rollout of new tech infrastructure (like the Aegix AI platform and SupremaPlus) created upfront, non-recurring technology integration expenses.
• Lower Mark-to-Market (MTM) Gains: Profitability was further clipped by lower market-to-market treasury gains compared to the highly inflated yield environment of the previous year.
• Management Outlook on Recovery – MD & CEO Sreekanth Nadella clarified that this margin compression is temporary. Management intends to scale Ascent’s operating efficiencies to cross 35% over the next 3 to 5 years, allowing group margins to claw back toward their target threshold of 40% over the remainder of FY27.

Stock Reaction: Negative

Sapphire Foods India reported Q1 FY27 results: Revenue up 14% YoY , EBITDA 37%, & PAT at 14 Crore

• Sapphire Foods India reported its Q1 FY27 financial results on July 24, 2026, posting a net profit of ₹14.02 crore and a total income of ₹896.63 crore.
• Revenue: ₹896.63 crore (up 14.4% to 15% YoY)
• Net Profit: ₹14.02 crore (swinging from a loss in the same period last year)
• Adjusted EBITDA Growth: Up 37% year-over-year
• Gross Margin: Improved by 160 basis points due to reduced discounting and a 2% price increase
• Brand & Operational Performance
• KFC India: Achieved 5% same-store sales growth (SSSG) with 17% system growth
• Pizza Hut India: Reported 1% same-store sales growth, with segment profitability impacted by higher energy costs
• Store Expansion: Added 16 new KFC locations and 5 Pizza Hut outlets, bringing the total restaurant count to 1,074
• Sri Lanka Operations: Faced continued profitability headwinds driven by local inflation, currency depreciation, and utility expenses
• Stock Reaction: Slight positive