Quarterly results: Jul–Sep 2025 (Q2 FY26)

This quarter's results graded against the same quarter last year on sales, profit & operating margin. Blockbuster: sales up 20% or more & profit up 30% or more. Very strong: sales up 15% or more & profit up 25% or more. Strong: sales up 10% or more & profit up 20% or more. Every grade also needs a wider operating margin than a year ago. Only companies worth ₹500 crore or more, with profit from the business: a profit jump that operating profit does not share, or one carried by exceptional items, does not count, & a loss a year ago leaves no growth to grade. Banks, lenders & insurers are left out because operating margin does not describe their business. A grade describes one quarter, not what comes next.