Coal India, Adani Power, BHEL, L&T, and NLCIL post Q2 FY26 results

Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87 billion a year earlier.

Adani Power posted a net profit of Rs 29.53 billion for Q2 FY26, down 11 per cent from Rs 33.32 billion in Q2 FY25. Revenue rose 1 per cent to Rs 134.57 billion, while EBITDA declined 2 per cent to Rs 51.50 billion. The operating margin stood at 38.3 per cent, compared to 39.6 per cent in the previous year.

Bharat Heavy Electricals Limited (BHEL) reported a standalone net profit of Rs 3.68 billion for Q2 FY26, up from Rs 970 million in Q2 FY25. Revenue increased 14 per cent year-on-year to Rs 75.12 billion. The company also turned profitable sequentially, posting a net profit of Rs 3.75 billion in the September quarter compared to a loss of Rs 4.55 billion in the June quarter.

Larsen & Toubro (L&T) recorded a consolidated net profit of Rs 39.26 billion for Q2 FY26, up 16 per cent from Rs 33.95 billion in the same quarter last year. On a sequential basis, profit grew 8.5 per cent from Rs 36.17 billion. The company attributed the increase to strong order inflows across multiple business segments. Orders worth Rs 1.15 trillion were secured during the quarter, with 65 per cent from international markets.

NLC India Limited (NLCIL) reported a 14.15 per cent year-on-year rise in revenue to Rs 41.78 billion from Rs 36.60 billion in Q2 FY25. EBITDA grew to Rs 14.00 billion from Rs 10.72 billion, improving the margin to 33.50 per cent from 29.34 per cent. However, consolidated net profit declined 26.81 per cent year-on-year to Rs 6.66 billion from Rs 9.10 billion.