Several major Indian companies, including TCS, Tata Chemicals, and SAIL, will be closely watched by investors on Monday following recent financial results and strategic developments.
Market Recap: A Challenging Friday
Indian stock markets experienced a significant decline on Friday, with the Sensex plummeting 721 points. Heavy selling was observed across financial, IT, and oil & gas sectors, largely driven by persistent outflows from foreign funds.
The 30-share BSE Sensex dropped by 0.88 percent, settling at an over month-low of 81,463.09. Similarly, the 50-share NSE Nifty fell 0.90 percent, closing at a month’s low of 24,837.
Companies in the Spotlight
Tata Chemicals Sees Profit Jump
Tata Chemicals reported a strong performance with an 80.57 percent increase in consolidated profit after tax (PAT), reaching Rs 316 crore for the quarter ending June 30. This is a significant jump from Rs 175 crore in the same period last year.
However, the company’s revenue from operations saw a slight decline of nearly 2 percent to Rs 3,719 crore. This dip was primarily attributed to the cessation of operations at its Lostock facility in the UK.
TCS to Reduce Workforce
IT giant TCS is set to reduce its workforce by 2 percent in the 2026 financial year. This strategic move will impact approximately 12,200 jobs from its current employee base of over 613,000.
The decision comes as TCS focuses on deploying AI and other advanced technologies, exploring new markets, and navigating an uncertain demand outlook in the tech sector.
BEML and HSL Partner for Marine Systems
BEML Limited has signed a strategic Memorandum of Understanding (MoU) with Hindustan Shipyard Limited (HSL). This collaboration aims to jointly develop advanced marine systems, focusing on indigenous design, manufacturing, and comprehensive lifecycle support.
Aadhar Housing Finance Posts Strong Profit Growth
Aadhar Housing Finance announced a 19 percent increase in its net profit, reaching Rs 237 crore for the first quarter ending June 2025. This compares favorably to Rs 200 crore recorded in the same quarter last year.
Total income for the company also saw a rise, climbing to Rs 851 crore during the quarter under review.
Orient Cement’s Profit Surges Under Adani Group
Orient Cement Ltd, now part of the Adani Group, reported a multi-fold jump in its net profit to Rs 205.37 crore for the first quarter ended June 2025. This is a substantial increase from Rs 36.71 crore a year ago.
The company’s revenue from operations also saw robust growth, surging 24.44 percent to Rs 866.47 crore for the June quarter.
SAIL’s Operational Efficiency Drives Profit
Steel Authority of India Ltd (SAIL) reported a significant rise in consolidated net profit, reaching Rs 744.58 crore for the quarter ended June 2025. This strong performance is attributed to improved operational efficiency, better cash flow, and robust sales volume growth.
J&K Bank Continues Growth Trajectory
Jammu and Kashmir Bank posted a 16.7 percent increase in net profit, reaching Rs 484.84 crore in the April-June quarter of FY26. Net Interest Income (NII) for the bank grew 7 percent year-on-year, while other income jumped by 29 percent.
IDFC First Bank’s Profit Slump
IDFC First Bank experienced a 32 percent slump in net profit, which fell to Rs 463 crore during the first quarter of the current financial year. This decline was significantly impacted by increased slippages in its micro-finance loan book.
L&T Technology Services Bags Major US Telecom Contract
L&T Technology Services (LTTS) secured a multi-year contract valued at approximately USD 60 million (about Rs 510 crore) from a leading US-based wireless telecommunications services provider. LTTS will deliver advanced network software development and application engineering solutions as part of this agreement.
Kotak Mahindra Bank’s Mixed Q1 Results
Kotak Mahindra Bank reported a consolidated net profit of Rs 4,472 crore for the June quarter. The bank noted stress on its retail commercial vehicle portfolio due to adverse macroeconomic conditions.
It’s worth noting that the previous year’s consolidated net profit of Rs 7,448 crore included a significant one-time gain from a stake sale in its general insurance arm, making direct comparisons challenging.
Tata Communications Faces Large AGR Demand
Tata Communications has received a “show-cause-cum-demand notice” from the Department of Telecom (DoT) amounting to approximately Rs 7,800 crore. This demand relates to adjusted gross revenue (AGR) dues spanning from 2005-06 to 2023-24.
- Several companies demonstrated strong profit growth in Q1, including Tata Chemicals, Aadhar Housing Finance, Orient Cement, SAIL, and J&K Bank.
- Major IT players, TCS and L&T Technology Services, are navigating industry shifts with workforce adjustments and new contract wins, respectively.
- Regulatory and macroeconomic factors continue to impact the banking sector, as seen with IDFC First Bank’s profit slump and Kotak Mahindra Bank’s portfolio stress.
As the new trading week begins, investors will be closely watching how these company-specific developments and broader market trends influence stock movements.
