1) Hariom Pipe Industries
In the second quarter, Hariom Pipe Industries reported a sales volume of 60,150 MT, reflecting a year-on-year increase of 7.3%. The H1FY26 volume showed a more robust growth of 21.3% year-on-year, with value-added products constituting 97% of total sales. The outlook remains positive, anticipating strong demand momentum in the second half of FY26, driven by infrastructure, housing, and rural markets.
2) Unimech Aerospace
Unimech Aerospace anticipates marginally lower revenue in Q2 compared to Q1 FY26. This downturn is attributed to US tariffs, resulting in weaker realizations and delayed order fulfillment. Consequently, the company’s profit is also projected to decline quarter-on-quarter. Guidance for FY26 highlights the challenges posed by tariff headwinds in meeting revenue targets.
3) Sai Silks (Kalamandir)
Sai Silks reported Q2 sales of ₹444 crore, up from ₹347 crore, marking a substantial 28% increase year-on-year. For the first half, sales were up 34% compared to the previous year. The company opened five new stores during Q2, comprising one Varamahalakshmi and four Valli locations, alongside plans for expansion with ten additional stores—six Varamahalakshmi and four Valli.
4) V-Mart Retail
V-Mart Retail achieved revenue of ₹807 crore in Q2, up from ₹661 crore, reflecting a 22% year-on-year increase. Same-store sales growth (SSSG) stood at 11% for both V-Mart and Unlimited brands. The company opened 25 new stores while closing two, bringing the total to 533.
5) Bansal Wire
Bansal Wire reported a Q2 volume of 114,609 MT, reflecting a year-on-year growth of 45.9% and a quarter-on-quarter increase of 10.1%. The H1 volume totaled 218,709 MT, with a year-on-year growth of 41.6%. There is a need to monitor the trend in revenue growth, as Q1 volume growth surpassed revenue growth.
6) CSL Finance
CSL Finance’s assets under management (AUM) increased to ₹1,380 crore, representing a 27.4% year-on-year growth. The company added two new lenders and saw five existing lenders increase their term loans. In Q2, total loans disbursed amounted to ₹290 crore, with collections reaching ₹228 crore.
7) Karur Vysya Bank
Karur Vysya Bank reported a 15.3% year-on-year increase in deposits and a 3.6% quarter-on-quarter increase. Advances rose by 15.5% year-on-year and 3.7% quarter-on-quarter, demonstrating solid performance in both areas.
8) SG Finserve
SG Finserve reported a loan book of ₹2,504 crore in Q1 FY26, increasing to ₹2,878 crore in Q2 FY26, marking a 15% quarter-on-quarter growth. The average loan book for Q2 was ₹2,409 crore, up from ₹2,096 crore in Q1.
9) APL Apollo Tubes
APL Apollo Tubes recorded a Q2 volume of 855,037 tons, showcasing a 13% increase year-on-year and an 8% quarter-on-quarter rise. The H1 volume totaled 1,649,387 tons, demonstrating an 11% year-on-year increase.
10) HUDCO
In the first half of the fiscal year, HUDCO sanctioned loans amounting to ₹92,710 crore compared to ₹1,27,952 crore in FY25. Loan disbursements in H1 totaled ₹25,838 crore, with Q2 disbursements at ₹13,026 crore, representing a 43.6% year-on-year increase.
11) IREDA
IREDA reported loan sanctions of ₹33,148 crore, reflecting an 86% year-on-year increase. Disbursements reached ₹15,043 crore, which is a 54% year-on-year rise. The outstanding loan book at the end of the period was ₹84,445 crore, marking a 31% year-on-year increase.
12) Hi-Tech Pipes
Hi-Tech Pipes saw a Q2 volume of 125,218 MT, an increase of 1.8% year-on-year. The H1 volume was recorded at 249,245 MT, with a similar year-on-year growth of 1.7%. The company anticipates stronger growth in Q3 FY26 due to new capacities coming online.
