Reliance Industries (RIL), India’s most valuable company, is scheduled to announce its financial results for the quarter ended September 30, 2026 (Q2 FY27), today. Analysts expect the conglomerate to report strong numbers, driven primarily by a recovery in its oil‑to‑chemicals (O2C) business. The domestic stock market is expected to open lower on Friday, October 30, with GIFT NIFTY futures suggesting the NIFTY50 index will open 39 points lower. Jio Platforms will also announce its Q2 FY27 earnings today, marking its first results announcement since listing as a separate entity, with analysts expecting performance to be driven by strong subscriber additions and an improvement in average revenue per user (ARPU).

Other earnings: Besides RIL and Jio Platforms, over 200 companies are slated to announce their Q2 FY27 earnings today. The list includes names such as Sun Pharmaceutical Industries, Bharat Electronics (BEL), Indian Oil Corporation, Varun Beverages, Bank of Baroda, GAIL India, GE Vernova TD India, Lodha Developers, NTPC Green Energy, Dixon Technologies, and PB Fintech, among others. Trent Ltd will see a leadership change as Noel N. Tata retires as chairman and director on November 11, with Bahram Vakil appointed as his successor effective November 12. Trent’s Tata Group retail arm reported a 25% year‑on‑year increase in consolidated net profit to ₹468 crore for the September quarter, with consolidated revenue from operations rising 22% to ₹5,873 crore and operating EBITDA increasing 37% to ₹785 crore. For the first half of FY27, consolidated revenue grew 20% to ₹11,628 crore and net profit rose 24% to ₹986 crore, while operating EBITDA increased 35% to ₹1,633 crore.

InterGlobe Aviation (IndiGo) reported narrowing its loss to ₹1,879.1 crore in the September quarter as increased fuel costs and rupee depreciation roiled profitability. CEO Willie Walsh noted the carrier has options to deal with higher operating expenses and that airfares are likely to remain elevated due to the steep rise in fuel prices. Indian Energy Exchange Ltd (IEX) posted a 12.9% year‑on‑year increase in consolidated net profit to ₹139.2 crore for the September quarter, supported by higher electricity trading volumes amid strong power demand and rising spot market prices. Consolidated revenue rose 10.7% to ₹203 crore, while electricity trading volumes increased 12.7% to 39.7 billion units. For the first half of FY27, consolidated net profit grew 12.3% to ₹274 crore and revenue increased 10.4% to ₹405.8 crore, with electricity volumes rising 14.2% to 77.2 BUs.

Vedanta Group announced a $25 billion investment plan over the next three years to expand capacities across existing businesses through organic growth and brownfield expansions, a top company official said. Founder and chairman Anil Agarwal, who was in the city on Wednesday, said the conglomerate would focus on its existing assets for growth while remaining open to acquiring public sector assets if opportunities arise. He added that current capex plans are for organic growth in aluminium, copper, zinc, oil and gas, all brownfield expansions, and that the capital expenditure would support Vedanta’s ambition to become one of the world’s largest mining companies in critical metals and a leading silver producer within three to four years. Care Ratings reported a 28% growth in net profit to ₹73 crore for the second quarter ended September 30, up from ₹57 crore in the preceding year, with total income rising to ₹180 crore from ₹149 crore.

IT stocks saw mixed results as Nasdaq‑listed Cognizant Technology Solutions lowered the upper end of its full‑year 2026 revenue growth guidance to 4.4% from 5.5%, citing macroeconomic uncertainty, elevated oil prices and supply‑chain disruptions. Cognizant reported 4.8% year‑on‑year revenue growth in constant currency terms to $5.66 billion in Q3. Strides Pharma Science Ltd reported a 2% rise in profit after tax to ₹134.1 crore for the second quarter ended September, driven by revenue growth of 17.1% to ₹1,429.7 crore. V‑Guard Industries Ltd posted a 71% increase in consolidated net profit to ₹111.67 crore for the September quarter, with revenue from operations at ₹1,852.89 crore, up 38.18% YoY. Praj Industries Ltd posted a 20% jump in consolidated net profit to ₹23.16 crore, while total income rose to ₹861.16 crore.

Other highlights include Motilal Oswal Financial Services reporting a three‑fold jump in consolidated PAT to ₹1,081 crore, driven by strong asset‑management growth; Hero MotoCorp planning to increase Vida electric two‑wheeler capacity to 45,000 units by March‑end and 80,000 by Q2 FY28 amid supply constraints; ICRA’s PAT rising 9.2% to ₹52.4 crore; Vedanta Oil & Gas reporting a net profit of ₹746 crore for Q2 FY27; Blue Star Ltd reporting a 25.44% YoY increase in consolidated net profit to ₹123.91 crore; NBCC Ltd selling 8.80 lakh sq ft of residential real estate for ₹5,191 crore; HeidelbergCement India reporting a 32.7% YoY decline in net profit to ₹16.77 crore; Brigade Enterprises posting a 28% increase in consolidated net profit to ₹218.82 crore; Pine Labs’ consolidated net profit jumping to ₹38.57 crore; Thyrocare Technologies reporting a 68.16% YoY decline in net profit to ₹15.22 crore; Coal India Ltd reporting a 57% increase in consolidated PAT to ₹6,547 crore; Vedanta Power reporting a profit before exceptional items of ₹101 crore; P N Gadgil Jewellers reporting a 52.70% YoY rise in consolidated net profit to ₹121.11 crore; and Godrej Consumer Products Ltd reporting a 13.84% YoY increase in consolidated net profit to ₹522.92 crore.