EDITION OF THU 22 OCT 2026
61 · WORLD

Indian companies post strong profit growth in September quarter

publishers 26articles 162first reported 8 Oct, 11:00 UTCdeveloping since 8 Oct · 25 editions

A group of major Indian companies reported higher profits for the quarter ended September 2026, with gains across banking, technology, cement, energy and refining.

Tata Consultancy Services’ net profit rose 15% to ₹13,884 crore, while revenue increased 11.78%, according to The Indian Express.

Among lenders, RBL Bank’s net profit surged 170% year-on-year to ₹482 crore as net interest income rose 37% and asset quality improved. Federal Bank posted a record ₹1,386 crore profit, up 45%, while its gross non-performing asset ratio fell to a decade low of 1.32%. Indian Bank’s profit increased 14.71% to ₹3,462 crore, supported by higher net interest and non-interest income. Union Bank of India reported a 30% rise in standalone profit to ₹5,537 crore, alongside growth in advances and deposits.

UltraTech Cement’s consolidated net profit rose 21.3% to ₹1,501 crore as net sales revenue increased 18.9% to ₹23,024 crore. Domestic grey cement volumes grew 13.8%, and capacity utilisation climbed to 71%.

Adani Energy Solutions more than doubled net profit to ₹1,364 crore, with revenue up 51.3% to ₹10,239 crore. Its transmission network expanded 11.4%, while electricity distribution volumes in Mumbai rose 10.6%.

Chennai Petroleum Corporation’s quarterly profit more than tripled to ₹2,271 crore from ₹732 crore. Its gross refining margin increased to $20.41 a barrel from $9.04 a year earlier, while revenue from operations rose to ₹22,109 crore.

HOW THIS STORY WAS MADE

Written from 8 articles, 8 with the publisher's own text; 2 independent newsrooms once syndicated copies count as one; this version written 342 h after the record first saw the story; the editor kept it as written.

Publishers
26
Source articles
162
Given to the writer
8, 8 with the article's own text
Independent newsrooms
2
This version written
342 h after the record first saw the story
Second model (editor)
kept as written
Publication gate
passed
Human review
none

WHAT THE EDITOR DID

The second model checked the writer's draft against the same sources and published it as written.

Written by a language model from the sources above, then checked by a second model that may only cut, attribute or correct. How it works →

NAMED IN THE COVERAGE

OUTLETS CARRYING THE STORY, RUN BY RUN

0 17 34 9 Oct 10 Oct 11 Oct 12 Oct 13 Oct 14 Oct 15 Oct 16 Oct 17 Oct 18 Oct 19 Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28 Oct 29 Oct 30 Oct 31 Oct 1 Nov 18 Oct 06:15 UTC · TCS quarterly profit rises 15% as annualised AI revenue tops $3.1 billion 19 Oct 13:38 UTC · TCS quarterly profit rises 15% as annualised AI revenue tops $3 billion 19 Oct 18:18 UTC · TCS Q2 net profit rises 15% as annualised AI revenue crosses $3 billion 22 Oct 18:20 UTC · Indian companies post strong profit growth in September quarter 23 Oct 18:17 UTC · Indian companies report mixed second-quarter results 24 Oct 12:15 UTC · Indian companies post mixed second-quarter results as banks, refiners and IT firms gain 24 Oct 18:13 UTC · Indian companies report mixed second-quarter results as banks and IT firms post gains 30 Oct 18:31 UTC · TCS Q2 net up 15% to ₹13,884 cr, AI revenue crosses $3 bn; board approves ₹12 dividend

WHAT HELD, WHAT CAME LATER

From the first reports to the latest

  • Nothing ran from the first third of the coverage to the last.

Entered the story later

  • 7,003 crore provisions · from 17 Oct 11:30, 2 outlets

Figures reported with different numbers

  • lakh crore: 1.42 (1 from 12 Oct 16:22) → 1.56 (1 from 12 Oct 16:22) → 2.49 (1 from 16 Oct 11:30) → 1.09 (1 from 16 Oct 11:30) → 15.96 (1 from 18 Oct 05:09) → 7.22 (1 from 18 Oct 05:09) → 4.42 (1 from 18 Oct 05:09) → 8.74 (1 from 18 Oct 05:09) → 1.30 (1 from 26 Oct 11:56) → 4.07 (1 from 26 Oct 17:06) → 3.39 (1 from 26 Oct 17:06) → 2.83 (1 from 26 Oct 17:06) → 2.10 (1 from 26 Oct 17:06)
  • crore second: 3,462 (1 from 18 Oct 05:09) → 2,271 (1 from 22 Oct 16:41) → 7,823 (1 from 23 Oct 16:06) → 858 (1 from 24 Oct 16:53) → 451.14 (1 from 26 Oct 11:56) → 3,867 (1 from 26 Oct 17:06) → 416 (1 from 28 Oct 16:52) → 2,092 (1 from 28 Oct 16:52) → 53.4 (1 from 29 Oct 10:57) → 8,387 (1 from 30 Oct 14:47)
  • crore corresponding: 3,018 (1 from 18 Oct 05:09) → 38,762 (1 from 22 Oct 16:41) → 4,511 (1 from 24 Oct 16:53) → 7,849 (1 from 26 Oct 17:06) → 23.20 (1 from 28 Oct 16:55) → 22,092 (1 from 30 Oct 14:47) → 7,375 (1 from 30 Oct 14:47)
  • crore higher: 1,469 (1 from 17 Oct 17:45) → 1,501 (1 from 19 Oct 16:00) → 6,412 (1 from 19 Oct 16:00) → 2,271 (1 from 22 Oct 15:15) → 7,019 (1 from 23 Oct 13:15) → 6,547 (1 from 29 Oct 18:45)
  • crore year: 26,191 (1 from 19 Oct 14:51) → 994 (1 from 22 Oct 16:41) → 20,069 (1 from 22 Oct 16:41) → 7,364 (1 from 23 Oct 16:06) → 867 (1 from 23 Oct 16:49) → 18,757 (1 from 30 Oct 14:47)
  • crore quarter: 13,884 (1 from 8 Oct 11:23) → 482 (1 from 12 Oct 16:22) → 22,109 (1 from 22 Oct 16:41) → 1,242 (1 from 23 Oct 17:06) → 6,382 (1 from 24 Oct 16:53)

Matched by pattern, not read: a different number can be a correction, a rising count, or two different counts.

HOW THIS STORY DEVELOPED: EVERY HEADLINE, EVERY OUTLET →