Q2 Results Today: BHEL, L&T, Coal India, Varun Beverages, NMDC Among 60+ Companies To Announce Earnings

The quarter for July to September 2025, the earnings season has begun with beating over 65 major Indian companies planning to release their financial results for Q2 FY2025–26 today. Companies like Bharat Heavy Electricals Limited (BHEL), Larsen & Toubro (L&T), Coal India, Varun Beverages, NTPC Green and NMDC are among the very few to mention. The announcements are being closely watched by investors and market analysts as they look for signs of the sectoral trends, profitability, and broader market outlook.

The early reports of some companies indicated a mix-up of performances by industries. The case of Varun Beverages was such that it reported a revenue reduction of nearly 2.3% YoY whereas the net profit announced had increased by almost 5% due to the improvement in the margins and cost savings. On the other hand, NMDC's operating income and net profit suffered a blow of 43% and 38% respectively in the fencing off of iron ore prices and weak demand.

For the infrastructure and heavy industries sector, the outcomes of BHEL and L&T will be decisive indicators of India's capital spending path and industrial recovery. Similarly, Coal India's statement will give a further understanding of the energy demand and mining activities during the rainy season.

Corporate earnings today will present a better understanding of the ways Indian firms are struggling with inflation and input costs as well as the changing global scenario. Market specialists are of the opinion that the results' outcome could also impact the market sentiment of the short term and determine the investors' strategies for the remaining fiscal year.

Be on the lookout for detailed updates as more companies announce their Q2 earnings later today.