Q2 Results This Week (Oct 13-17, 2026): Wipro, Nestle, HDFC Bank, ICICI Bank and 70+ Companies

The Q2 results this week are where the September-quarter earnings season properly gets going. More than 70 companies are lined up to report between October 12 and 17, 2026, according to Business Upturn’s results calendar. Wipro, Tech Mahindra, Nestle India, HDFC Bank, ICICI Bank and Axis Bank are all on the list.

Below you’ll find the full calendar day by day, what matters in each sector, and a simple way to read numbers as they come out. If you want the longer framework, our pillar guide on how to analyse quarterly results of a company goes into much more depth.

Q2 results this week: the day-by-day calendar

Every date here comes from Business Upturn’s calendar published on October 11, 2026. Companies do move their board meetings at times, so check the exchange filings on the day.

Monday, October 12

Adroit Industries, HCLTech, ICICI Prudential AMC, Plastiblends, RBL Bank, Swan Defence and Swaraj Engines.

HCLTech is already out, and our HCLTech Q2 results coverage has the details. Swaraj Engines shot up 10.82% on Monday after posting a 21.9% rise in net profit to ₹60.57 crore, according to Capital Market.

Tuesday, October 13

Den Networks, GTPL Hathway, Hero Motors, ICICI Prudential Life, PNB Gilts, SS Retail, Transformers & Rectifiers and Tata Elxsi.

Wednesday, October 14

Bajaj Consumer Care, BHEL, Aditya Birla Money, Canara Bank, CEAT, Elecon Engineering, Emmvee Photovoltaic, Groww, Hathway Cables, HDB Financial Services, ICICI Lombard, MRPL, Reliance Industrial Infra, Tata Technologies and The Leela Palace Hotels & Resorts.

Thursday, October 15 (the busiest day)

360 ONE WAM, 5Paisa Capital, Angel One, Butterfly Gandhimathi, CCL Products, Cyient DLM, DB Corp, HDFC AMC, HDFC Life, Heritage Foods, IIFL Finance, IRFC, Jio Financial Services, L&T Finance, Metro Brands, Nestle India, Orient Electric, Persistent Systems, Polycab, South Indian Bank, Sterling & Wilson Renewables, Tata Communications, Tech Mahindra, Tips Music and Wipro.

Friday, October 16

Bajaj Housing Finance, Crompton Greaves Consumer Electricals, Federal Bank, Himadri Specialty Chemicals, Jindal Saw, LTM, Oberoi Realty, Shoppers Stop, Solara Active Pharma, Ujjivan Small Finance Bank and Urban Company.

Saturday, October 17

Axis Bank, Bajaj Healthcare, HDFC Bank, ICICI Bank, India Cements, Rossari Biotech and Yes Bank.

Saturday’s results from HDFC Bank, ICICI Bank and Axis Bank can’t be traded until Monday, so they will set the opening mood for the following week.

What to watch, sector by sector

IT services: Wipro, Tech Mahindra, Persistent, Tata Elxsi

It’s been a rough year for IT. A Mint report said Nifty IT has been the weakest sectoral index of them all, dragged down by macro uncertainty, AI-led disruption and foreign selling.

Kotak Institutional Equities, quoted by Mint, was bracing for another muted quarter. It pencilled in revenue growth of 1.6% QoQ and 6.6% YoY for Tech Mahindra. The things we’d look at:

• Constant-currency revenue growth, which strips out currency effects
• Deal wins (total contract value), a guide to future revenue
• Operating margin and any change in guidance
• Commentary on client budgets, especially in North America

With Tech Mahindra, listen closely to what management says about its telecom clients. The stock slipped on Monday over worries about SpaceX’s push into wireless, and our piece on why IT stocks fell today explains that move.

Banks: HDFC Bank, ICICI Bank, Axis Bank, Canara Bank, Federal Bank

The banks are reporting into an awkward setup. The RBI has taken the repo rate up to 5.5% and tightened its daily CRR rules, which we covered in our note on the RBI CRR rule change to 99 percent. The numbers that matter most:

• Net interest income (NII) and net interest margin (NIM): are lending spreads holding?
• Loan and deposit growth: is deposit growth keeping up with credit?
• Asset quality: gross and net NPAs, slippages and credit costs
• Provisions: rising provisions can hide weak trends

Consumer: Nestle India, Bajaj Consumer Care, Metro Brands

FMCG names took a beating on Monday as crude and inflation worries came back. Then retail inflation for September came in at a 23-month high of 5.54%, as our report on retail inflation September 2026 lays out. In consumer results, keep your eye on:

• Volume growth versus price-led growth
• Gross margin, which shows the impact of input costs
• Rural versus urban demand commentary

DMart’s numbers last week were a good reminder of how fast cost pressure can eat into margins even while revenue keeps growing. Our DMart Q2 results analysis walks through it.

Capital markets: Angel One, HDFC AMC, 360 ONE, Groww, 5Paisa

This group lives off trading activity and fund flows. So track active client numbers, order volumes, assets under management and how much revenue is coming from derivatives trading.

Industrials and energy: BHEL, Polycab, MRPL, Jindal Saw

Here the story is order books, how quickly they’re being executed, and margins. With refiners like MRPL, swings in crude prices during the quarter feed straight into inventory gains or losses.

How to read results the moment they come out

Results tend to drop either in the middle of trading or late in the evening. When one lands, run through these five steps.

1. Start with revenue. Set it against the same quarter last year (YoY) and the quarter just gone (QoQ).
2. Check operating profit and margin. EBITDA margin tells you whether the business is becoming more or less profitable. Our guide on what EBITDA margin means covers the formula.
3. Look at net profit last. One-off items like tax credits or exceptional gains can bend it out of shape.
4. Compare with expectations. The stock reacts to the gap between the number and what the market was expecting, not to the number by itself.
5. Read the commentary. Guidance, demand trends and the cost outlook frequently move the share price more than the figures do.

A company can report record profit and still see its stock fall if growth disappoints expectations or management sounds cautious about the next quarter.

An illustrative example

Illustrative only, with made-up numbers: imagine a company reports revenue up 18% YoY but net profit up just 8%. Profit is lagging sales, which means margins are getting squeezed. The next question is why. Is it a one-time cost, or a lasting jump in wages, raw materials or competition? If it’s the lasting kind, the share price usually cares a lot more.

A quick glossary of results terms

• YoY (year-on-year): compares the quarter with the same quarter a year ago. It removes seasonal effects.
• QoQ (quarter-on-quarter): compares the quarter with the one just before it. It shows recent momentum.
• EBITDA: earnings before interest, tax, depreciation and amortisation. It is a rough measure of operating profit.
• PAT: profit after tax, the bottom line.
• NII and NIM: for banks, net interest income is the gap between interest earned and interest paid. Net interest margin expresses that gap as a percentage of interest-earning assets.
• GNPA and NNPA: gross and net non-performing assets, which measure bad loans before and after provisions.
• Constant currency: growth with exchange-rate effects removed, used mainly by IT companies.
• Exceptional items: one-off gains or losses that are not part of normal business.

How to build your own results watchlist

Nobody needs to follow all 70 companies. A short, focused watchlist will serve you better.

1. Start with what you own. Jot down the result date for every stock in your portfolio.
2. Add the sector leaders. Numbers from HDFC Bank or Wipro often move their peers, including the ones that report later.
3. Write down your expectations before the result. Put down the revenue growth and margin you’re expecting. That way you can’t talk yourself into the numbers after the fact.
4. Record the market reaction. After a few seasons you’ll see which metrics actually move each stock.
5. Review after the earnings call. The answers management gives to analysts are often where the most useful information sits.

The exchange filings on the NSE and BSE websites are the primary source for every result. Media write-ups are quick, but check the company’s own filing before you decide anything.

Common mistakes during results season

• Trading on headlines. “Profit jumps 50%” may come from a one-off gain.
• Ignoring the base. Strong growth over a weak year-ago quarter is less impressive than it looks.
• Mixing standalone and consolidated numbers. Always compare like with like.
• Overreacting on the first day. The first move often reverses once analysts have gone through the details.
• Taking big positions before results. Results days can bring big gaps, so size your positions with care. Our position sizing formula guide can help.

The macro backdrop this results week

This earnings season is arriving in a soft market. On October 12, the Sensex dropped 547.65 points to 71,924.68 and the Nifty lost 0.70% to 22,363.35. Foreign investors are still selling, and Brent crude sits above $100 a barrel. Good numbers could give the market some support. Poor ones could make the sell-off worse. Our stock market this week guide puts the inflation data and global events next to these results.

Where to find official results

Every listed company has to file its quarterly results with the stock exchanges. On the NSE and BSE websites, go to the company’s page and look for “Financial Results” or “Corporate Announcements”. That’s where the official statement sits, usually with an investor presentation and a press release alongside. The presentation tends to carry the segment data, management’s take on the quarter and the operating metrics that news summaries skip. Reading it once for each company every season is probably the most useful habit you can pick up during results season.

Summary

More than 70 companies report Q2 results between October 12 and 17. The heaviest days are Thursday, October 15 (Wipro, Tech Mahindra, Nestle India, HDFC AMC, Jio Financial) and Saturday, October 17 (HDFC Bank, ICICI Bank, Axis Bank). Pay more attention to revenue growth, margins and what management says than to headline profit, and always measure each result against what the market expected.

Sources: Business Upturn results calendar (Oct 11, 2026); Mint (Sept 30, 2026); Capital Market (Oct 12, 2026). This article is for education only and is not investment advice.