top of page

INSIGHTS
Our latest thinking on the issues that matter most in Finance, Business and Strategy


Nykaa Profit Triples as Beauty Scales
Nykaa's Q2 FY27 profit rose 206.8% to ₹101.2 crore as beauty scaled. Plus Lenskart's results, a ₹2,814 crore critical-minerals scheme and new funding rounds.


Lupin Sales Rise 14% as Margins Narrow
Lupin's Q2 FY27 sales rose 14% to ₹7,786 crore but EBITDA margin fell to 27.9% and profit dropped 22%. Plus NLC India, Fractal Analytics and new funding rounds.


SBI Profit Rises 14% as Provisions Fall
SBI's Q2 FY27 net profit rose 14.3% to ₹23,038 crore as provisions fell 21.9%. What credit growth near 19% and slower deposits mean for MSME borrowers.


Petronet Profit Rises 53% as Revenue Falls
Petronet LNG's Q2 FY27 profit rose 53% to ₹1,235 crore while revenue fell 35%. Plus ₹53,867 crore corvette contracts, Reliance results and October startup funding.


Deepak Nitrite Profit Triples on Phenolics Surge
Deepak Nitrite's Q2 FY27 revenue rose 61% to ₹3,091 crore and profit 235% to ₹398 crore. Plus KIMS's Kakinada hospital deal, NTPC–ACME power and funding rounds.


Maruti's Record Volumes Meet Margin Squeeze
Maruti Suzuki's Q2 FY27 revenue rose 26% to ₹53,340 crore but profit fell 27% as EBITDA margin narrowed to 8.9%. Plus Info Edge, Cochin Shipyard and funding rounds.


Meesho Narrows Loss as Growth Slows
Meesho's Q2 FY27 net loss narrowed 68% to ₹132.4 crore on 34% revenue growth as order growth cooled. Plus Jio Platforms' listing, TVS Motor and JSW Energy.


Paytm Turns Payments Growth Into Profit
Paytm's Q2 FY27 net profit rose to ₹225 crore on revenue of ₹2,648 crore, up 28.5%. Plus Tata Communications' AI fibre plan, SoftBank's Ola Electric sale and funding.


Ather's Profit Turn Meets Capacity Test
Ather Energy posted a ₹1.3 crore Q2 FY27 profit and announced 2.25 lakh units of new capacity. Plus Senco Gold–Melorra, L Catterton–Glance and defence approvals.


Indore Chip Summit Draws ₹5,800 Crore Proposals
The MP Semiconductor Summit 2026 in Indore drew about ₹5,800 crore of proposals and 10,000+ projected jobs. Plus Jio Platforms' IPO subscription and SEBI updates.


IPO Debuts Split on Listing Day
Tonbo Imaging listed 66% above its IPO price while Zetwerk slipped below issue within hours. Plus Swiggy's Instamart shift, Vultr's Chennai AI cluster and funding.


Apple India Crosses ₹1 Lakh Crore Revenue
Apple India's FY26 revenue rose 31.4% to ₹1,03,853 crore and profit 66% to ₹5,311 crore. Plus UBS's 360 ONE stake, OnEMI's ₹832 crore issue and funding rounds.


Quick Commerce Margins Begin to Build
Eternal's Q2 FY27 revenue rose 77.6% to ₹24,138 crore as Blinkit posted ₹184 crore adjusted EBITDA. Plus Cemindia's QIP, Mygate–Adonmo and funding rounds.


Zetwerk IPO Draws Institutions, Not Retail
Zetwerk's ₹5,012 crore IPO was subscribed 3.06 times, with QIBs at 4.73x and retail at 0.72x. Plus Amber–Power-One and Delhi's ₹50 crore Go-Delhi startup foundation.


Instant Home Services Test Capital Depth
Urban Company's board approved a raise of up to ₹2,500 crore as InstaHelp competes in instant home services. Plus RBL–Emirates NBD and Burma Burma's IPO filing.


Telecom's Next Test Is Valuation
Jio Platforms plans a ₹30,213 crore IPO at a valuation above ₹10 lakh crore. What subscribers, ARPU and profits mean for telecom valuations. Plus funding rounds.


SME IPOs Face a New Capital Market Framework
SEBI proposes a market-cap test, ₹3 crore operating profit threshold and 500 minimum allottees for SME IPOs. What it means for MSMEs planning a listing.


India's SUV Shift Is Reshaping Auto Finance
Average car loans in India rose 49% to ₹8.2 lakh since 2019 as buyers shift to SUVs, per TransUnion CIBIL. What premiumisation means for lenders and automakers.


Travel Fuels Winter Rentals
Rising winter travel is creating a rental market for jackets and trekking gear, from ₹990 a week. The economics of renting versus buying, and what decides success.


Deeptech Funding Nearly Triples in Q3 2026
India's deeptech startups raised $290 million across 28 deals in Q3 2026, 2.8x a year earlier, led by spacetech and Pixxel's $100 million round. Plus Tessolve's raise.
bottom of page
