HDFC Life, Axis Bank Set to Announce Q2 Results; Angel One's Profit Plunges 50%
Indian corporates have been busy reporting their quarterly earnings. Today, HDFC Life and Axis Bank are set to announce their Q2 results. Meanwhile, Angel One's profits have taken a significant hit, while KEC International has secured a major order.
Angel One, a brokerage and wealth management firm, saw its Q2 profit plummet by 50%. This sharp decline comes amidst a challenging market environment. In contrast, HDFC Life, one of India's leading life insurers, has reported a rise in its Q2 profit. The company is expected to announce its detailed results later today.
ITC Hotels, the hospitality arm of FMCG giant ITC, is expanding its footprint in South India. The company plans to add new properties to its portfolio, indicating a positive outlook for the tourism sector.
KEC International, a global infrastructure engineering, procurement, and construction company, has won a Rs 1,038 crore order. This significant win is expected to boost the company's order book and revenue.
Delta Corp, a gaming and hospitality company, has reported a marginal decline in its profit. The company's results were announced on October 16, 2025, along with several other Indian companies, including Abirami Financial Services and Achyut Healthcare Limited.
Hero MotoCorp, the world's largest two-wheeler manufacturer, is expanding into Spain. The company plans to introduce its Euro 5+ compliant models in the European market.
Today's earnings reports paint a mixed picture of the Indian corporate landscape. While some companies like HDFC Life and KEC International are reporting positive news, others like Angel One are facing challenges. The expansion plans of ITC Hotels and Hero MotoCorp, however, indicate a positive outlook for their respective sectors.
