Tata Motors Passenger Vehicles Limited achieved record domestic sales in FY26, but overall performance was impacted by Jaguar Land Rover's struggles due to a cyber attack and US tariffs. The company plans significant investments in PV and EV businesses, with new electric models slated for launch by FY30. A dividend has been recommended.
Honasa Consumer, Mamaearth's parent company, reported a 177% YoY net profit increase to Rs 69 crore and a 23% revenue jump to Rs 657 crore for Q4 FY26. Analysts from CLSA and Jefferies maintain positive ratings, citing strong growth and improving execution.
Bharti Airtel's Q4 FY26 net profit declined 34% YoY to Rs 7,325 crore, while revenue grew 16% YoY to Rs 55,383 crore, driven by strong performance in India and Africa. India revenue grew 8% YoY, and Africa delivered 1.1% QoQ constant currency growth.
HDFC Bank reported a 10.9% rise in net profit to Rs 74,700 crore for FY26, driven by 12.1% loan growth and 14.4% deposit growth. The bank maintained best-in-class asset quality with gross NPAs at 1.15% and CET1 ratio at 17.3%. Despite leadership changes including former chairman Atanu Chakraborty's resignation on March 17, 2026, analysts at CreditSights expect no meaningful impact on the bank's credit profile, with RBI confirming no material conduct concerns.
