Key Takeaways

Titan Company’s consolidated net profit jumped 62.9% YoY to ₹1,777 crore in Q1 FY27, beating brokerage estimates on strong jewellery demand.
Hindalco Industries posted a record consolidated PAT of ₹7,013 crore, up 75% YoY, on higher aluminium prices and improved Novelis performance.
State Bank of India’s standalone net profit rose 10.23% YoY to ₹21,121 crore, with net interest income up 14.88%.
Ola Electric Mobility’s net loss narrowed 21.5% YoY to ₹336 crore even as revenue fell 45%, aided by a sequential rebound in deliveries.
Astra Microwave Products‘ board meets today, August 10, to approve Q1 FY27 results, following a ₹2,205-crore HAL order win in July.
The Nifty 50 closed Friday at 24,570.65, down 0.27%, holding above the 24,350 support zone that analysts have flagged as key to the index’s near-term bullish structure.

Indian benchmark indices ended Friday’s session lower, with the Nifty 50 slipping 65.35 points to 24,570.65 and the Sensex declining 455.55 points to 78,499.17, pressured by weak financial stocks and elevated crude prices. Both indices still closed the week up roughly 0.5-0.8%.

Technically, the Nifty’s dip hasn’t dented its bullish structure, with 24,350 the support level analysts are watching, a break below could open the door to deeper consolidation given persistent crude volatility.

A cluster of June-quarter earnings released after Friday’s close, led by Titan, Hindalco, SBI and Ola Electric, will keep these counters in focus in Monday’s trade, alongside Astra Microwave Products, whose board meets today to approve its own Q1 numbers.

The bigger question for Monday is whether strong headline earnings translate into equally strong stock reactions.

Titan’s operating beat, Hindalco’s record profit and SBI’s NII growth raise the bar for follow-through, while Ola Electric presents the opposite setup: improving sequential numbers but a sharp annual revenue decline. For traders, the gap between reported numbers and expectations could matter more than the headline profit growth.

Titan Company: Jewellery Demand Drives 63% Profit Jump

Titan Company reported a consolidated net profit of ₹1,777 crore for Q1 FY27, up 62.9% year-on-year from ₹1,091 crore, comfortably ahead of brokerage estimates that had pegged growth in the 24-32% range.

Revenue from operations rose 29.3% YoY to ₹21,356 crore from ₹16,523 crore, with the jewellery business, roughly 90% of overall revenue, growing 43% YoY on strong Tanishq demand. EBITDA increased 56.9% YoY to ₹3,036 crore, with margin expanding to 14.6% from 13.1% a year earlier.

Even after excluding a one-time ₹407 crore customs duty gain, adjusted profit before tax rose 37% YoY, the company said in its exchange filing, indicating the beat was driven by operating performance rather than one-off gains.

Titan shares closed at ₹4,941 on the NSE on Friday, before the results were announced after market hours.

Also Read: Titan Q1 Results Beat Estimates: Jewellery Business Drives 63% Profit Jump to ₹1,777 Crore

Hindalco Industries: Record Profit on Aluminium, Novelis Strength

Hindalco Industries delivered its strongest-ever quarterly performance, with consolidated net profit surging 75% YoY to a record ₹7,013 crore from ₹4,004 crore.

Revenue climbed 32% YoY to ₹84,825 crore, while consolidated EBITDA rose 73% YoY to ₹14,989 crore.

The India aluminium upstream business posted record EBITDA of ₹7,390 crore, up 81% YoY, aided by favourable LME prices and a lower effective tax rate following the company’s shift to the new tax regime.

Novelis, the US-based rolled-products subsidiary, reported revenue of $5.8 billion, up 23%, with adjusted EBITDA rising 24% to $516 million.

Hindalco shares closed 3.17% higher on Friday at around ₹1,055, reacting to the results during the session.

Also Read: Hindalco Q1 FY27 Results on August 7: Can Strong Aluminium Prices Offset 5% Cost Inflation?

State Bank of India: NII Growth Powers 10% Profit Beat

State Bank of India’s standalone net profit rose 10.23% YoY to ₹21,121 crore for Q1 FY27, up from ₹19,160 crore, and 7.3% higher sequentially from ₹19,684 crore in Q4 FY26.

Net interest income grew 14.88% YoY to ₹46,992 crore, while operating profit rose 9.77% YoY to ₹33,529 crore.

Asset quality improved, with the gross NPA ratio declining 36 basis points YoY to 1.47% and net NPA improving to 0.38%.

Gross advances grew 18.63% YoY to ₹50.47 lakh crore, with retail, agriculture and MSME segments posting double-digit growth across the board. SBI shares gained around 3.5% intraday on Friday following the print.

Also Read: SBI Q1 Results Today: Will India’s Largest Bank Beat Profit Expectations?

Ola Electric Mobility: Loss Narrows as Deliveries Rebound

Ola Electric Mobility’s consolidated net loss narrowed 21.5% YoY to ₹336 crore for Q1 FY27, from ₹428 crore in the year-ago quarter, even as revenue fell 45% YoY to ₹455 crore from ₹828 crore.

On a sequential basis, revenue jumped 71.7% and the loss narrowed 32.8% from Q4 FY26, helped by a 94% quarter-on-quarter rise in two-wheeler deliveries to 39,192 units, which lifted market share to 8.4% from 5.1%.

The company completed a ₹780 crore qualified institutional placement during the quarter, oversubscribed by 56%, earmarked for debt repayment and capex.

Astra Microwave Products: Q1 Results Due Today

Astra Microwave Products‘ board is scheduled to meet today, August 10, to approve standalone and consolidated results for Q1 FY27.

The defence electronics maker enters the results with fresh order momentum, having secured a ₹2,205.23 crore order from Hindustan Aeronautics Limited on July 30 for Uttam AESA Radar components, to be executed over five years.

In its preceding quarter, Q4 FY26, the company had reported revenue of ₹488 crore, up 19.6% YoY, with EBITDA margin at 33.2%.

FII-DII activity remains a key gauge for how these earnings-driven moves hold up: FIIs were net buyers of ₹480.24 crore and DIIs net buyers of ₹235.56 crore in the cash segment on Friday.

Track live FII-DII flows on the NiftyTrader FII-DII Tracker →

NiftyTrader Desk View

Stock	Key Technical Trigger	Trader View
Titan Company	₹4,941 pre-result close; watch Monday’s gap	Earnings beat and jewellery growth are key
Hindalco Industries	₹1,055, +3.17%; below ₹1,176 52-week high	Watch volume and follow-through
State Bank of India	~3.5% intraday gain	NII and asset-quality trends are key
Ola Electric	Near ₹41 vs ₹71.25 52-week high	Delivery rebound vs revenue decline
Astra Microwave	Q1 results due August 10	HAL order provides the key backdrop

This article is for informational purposes only and does not constitute investment advice. Investors are advised to consult a registered financial advisor before making any investment decisions. Stock market investments are subject to market risks.