Topic
profit
Manufacturing Mahindra & Mahindra Records 34% Profit Jump Despite Commodity Cost Headwinds
Mahindra & Mahindra's June-quarter consolidated profit rose 34% YoY to ₹5,455 crore, with nearly 70% of the increase from core operating businesses despite 400-500 bps commodity-cost inflation. The electric vehicle business turned profitable, contributing ₹288 crore PBIT, while farm equipment added ₹197 crore. The results highlight the strength of Mahindra's diversified portfolio.
Manufacturing PACCAR Q2 profit climbs as Class 8 truck demand firms and build rates increase
PACCAR reported Q2 2026 net income of $752 million, up 4% year over year, and earnings per share of $1.43, as Class 8 truck build rates increased on stronger orders and improved freight rates. The company posted record parts revenue of $1.75 billion and plans capital expenditures of $700-750 million for the full year.
Logistics Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb
CMA CGM posted a 42.4% increase in second-quarter EBITDA to $2.26 billion, with maritime volumes rising 6% to 6.3 million TEUs. The carrier attributed the results to geopolitical instability, sustained freight rates, and network adjustments, including new services like the Mekong Transpacific Express.
Logistics Velos Tankers Nets $33 Million Profit on Sale of Vintage Aframax Velos Emerald
Greek owner Velos Tankers has sold the 2008-built aframax Velos Emerald for $50m, generating a $33m profit over its purchase price five years ago. The sale underscores the current tanker asset boom, with the vessel having been heavily involved in Russian oil trades.
Business Tata Sons profit jumps 22% as IPO windfall masks nearly ₹29,000 crore losses in new ventures
Tata Sons reported a 22% increase in net profit to ₹31,961 crore for FY26, lifted by a ₹6,531 crore gain from the Tata Capital IPO. However, losses from new ventures including Air India, Tata Digital, and Tata Electronics surged to nearly ₹29,000 crore. The board declared a dividend of ₹1.1 lakh per share, up 70%, as chairman N Chandrasekaran faces a crucial AGM on August 18 for his reappointment.
Finance Hudco Q1 Net Profit Surges 35% to ₹851 Crore, Interest Income Rises Sharply
Housing and Urban Development Corporation (Hudco) posted a 35% jump in Q1 FY27 net profit to ₹851 crore, with total income rising to ₹3,737 crore. The company declared an interim dividend of ₹1.25 per share and reduced loan provisions significantly.
Logistics Norfolk Southern Q2 Earnings Beat Forecasts as Freight Demand and Fuel Surcharges Rise
Norfolk Southern posted second-quarter 2026 results that exceeded Wall Street expectations, driven by stronger freight demand and higher fuel surcharges. Adjusted profit was $3.52 per share versus a consensus of $3.31, and operating income rose 11% year-over-year to $3.5 billion. The railroad continues to benefit from improved pricing power across key freight categories.
Business Oberoi Realty Q1 Profit Surges 29% to ₹544.71 Crore on Strong Revenue Growth
Oberoi Realty posted a 29.3% year-on-year increase in consolidated net profit for the first quarter of FY27 to ₹544.71 crore, driven by 26.7% revenue growth. EBITDA rose 31% to ₹794.94 crore, with chairman Vikas Oberoi citing steady performance across residential, commercial, retail, and hospitality segments.
Business Reliance Retail Q1 Results: Quick-Commerce Spends Drag PAT 14% YoY to Rs 2,806 Crore; Revenue Rises 7%
Reliance Retail reported a 14% YoY drop in PAT to Rs 2,806 crore for Q1 FY27, as investments in quick-commerce weighed on earnings. Revenue grew 7% (or 11.6% adjusted for the Consumer Brands demerger), while EBITDA margin contracted 80 bps to 7.9%. Digital commerce average daily orders surged 116% YoY, and the store network expanded to 20,169 stores. The company outlined a 3-year plan to double operating EBITDA through scale, unit economics, and omni-channel growth.
Business Reliance Industries Q1 Profit Falls 25% to Rs 23,196 Crore, Revenue Rises 25%
Reliance Industries reported a 25% decline in Q1 profit to Rs 23,196 crore, beating estimates, as revenue rose 25% to Rs 3.1 lakh crore. The drop was due to a one-off gain in the year-ago quarter from the sale of a stake in Asian Paints. EBITDA grew 10% to Rs 51,403 crore, led by strong performance in O2C and Jio.
Business Oberoi Realty Q1 Profit Rises 29% to ₹543.51 Crore, Total Income Up 27%
Oberoi Realty reported a 29% year-on-year increase in consolidated net profit to ₹543.51 crore for the June quarter, driven by higher total income which rose 27% to ₹1,361.69 crore. The Mumbai-based developer, one of India's leading real estate firms, disclosed the results in a regulatory filing on July 17, 2026.
Business Trump Says Stock Market Driving His Profits After $1.4 Billion Crypto Income Disclosure
President Donald Trump said he does not manage his personal finances and that his gains are tied to the stock market's performance, after a financial disclosure revealed over $1.4 billion in income from cryptocurrency ventures. The disclosure shows nearly $800 million from World Liberty Financial and $635 million from the $TRUMP meme coin, making digital assets his largest income source. The White House rejected conflict-of-interest concerns.
Logistics DHL Group Raises Earnings Forecast After Pre-Tax Income Jumps 29% in Q2
DHL Group raised its full-year earnings outlook after reporting strong preliminary Q2 results, including 10% revenue growth and a 29% jump in pre-tax income. The Express division nearly doubled its EBIT to $1.4B, benefiting from air cargo capacity constraints related to the Iran war, while Forwarding EBIT rose 24.4%. DHL now expects 2026 EBIT to exceed €6.5B, up from €6.2B guidance.
Technology AI chip demand drives Samsung to record 1,800% profit surge in Q2
Samsung Electronics expects a 1,800% profit increase for Q2 2026, reaching 89tn won ($58bn), its third consecutive record quarter. The surge is fueled by global demand for AI memory chips, with supply constraints pushing up prices. Shares have more than doubled since the start of the year.
Logistics Airlines' Profits Plummet Amid Fuel Price Surge
Airlines are experiencing a significant profit downturn in 2026, with earnings nearly halved due to rising fuel costs and Middle East airspace disruptions. Despite strong passenger demand, operational costs are soaring.
Commodities Tamil Nadu Farmer's Agroforestry Model Boosts Coconut Profits
A Tamil Nadu farmer has turned coconut losses into profits through an innovative agroforestry model. By diversifying crops and employing sustainable practices, he increased his income and resilience against drought.