Q2 Results Live Updates: Crompton profit after tax rises 68%; Shoppers Stop EBITDA up 15%

By CNBCTV18.com  October 16, 2026, 10:29:28 PM IST (Updated)

Q2 Results Highlights: It has been another busy Friday in the earnings season, with a little bit of everything on the table. IT companies are finding new ways to talk about AI growth, banks are reporting steady numbers with a few details worth watching, and consumer businesses are showing what strong execution can deliver. There was also a pharma turnaround that caught the market’s attention. The big private banks report tomorrow, but there was plenty to unpack before the weekend.

For LTM Limited, formerly LTIMindtree, the September quarter was a mixed bag. Revenue rose 2% sequentially to ₹11,807.6 crore and EBIT grew 2.2%, while net profit slipped 5%. The more encouraging number came from its AI business, with Enterprise AI and Business AI revenue together growing 47% year on year.

Wipro, meanwhile, offered a glimpse into how it sees demand shaping up in the months ahead. Speaking to CNBC-TV18 after Thursday’s results, CEO Srini Pallia said the deal pipeline remained robust and broad-based, with a significant share coming from new clients and AI-led opportunities.

The weekend offers little time to catch our breath. HDFC Bank, ICICI Bank and Axis Bank are all due to report earnings, putting the spotlight firmly back on the private banking pack.