Stocks to Watch: Q1FY26 earnings were a mixed bag. Trent and Bajaj Holdings delivered strong results, with Bajaj’s profit more than doubling. Hero MotoCorp and Jindal Stainless posted stable performances, while GNFC, BHEL, and IRCON saw sharp profit declines. Bharat Forge announced a key defence asset transfer deal. HUDCO stood out with profit growth and improved asset quality. Here are few stocks to keep eyes on ahead of Thursday’s trading session.
1 / 10Trent Ltd | Tata Group’s retail company posted an 8.5% YoY rise in net profit to ₹424.7 crore in Q1 FY26, beating estimates. Revenue grew 20% YoY to ₹5,061 crore, while EBITDA was estimated to rise 17% to ₹717 crore. Margins were expected to narrow by 70 basis points to 14.2% from 14.9% on YoY basis.
2 / 10Bajaj Holdings | The company’s Q1 FY26 net profit surged 116% YoY to ₹3,486.5 crore, while revenue more than doubled to ₹324.6 crore from ₹133.7 crore a year ago.
3 / 10Hero MotoCorp | Automobile company’s Q1 FY26 net profit rose marginally by 0.3% YoY to ₹1,126 crore, beating estimates. Revenue fell 5.6% YoY to ₹9,579 crore. EBITDA dropped 5.3% to ₹1,382 crore, with margins steady at 14.4%, slightly above expectations.
4 / 10Jindal Stainless | Steel manufacturer’s Q1 FY26 net profit rose 10.2% YoY to ₹714.2 crore, with revenue up 8.2% at ₹10,207 crore. EBITDA grew 8.1% to ₹1,309.6 crore; margins held steady at 12.8%. Sales volume rose 8.3% YoY, driven by strong domestic demand.
5 / 10Bharat Forge Ltd | The leading engineering and manufacturing company has signed a Business Transfer Agreement (BTA) with KSSL to transfer its Defence Business assets for ₹453.3 crore. The deal includes identified assets and obligations, along with an IPR Licensing Agreement between the two entities.
6 / 10Bharat Heavy Electricals Ltd | BHEL, India’s largest engineering company’s Q1 FY26 net loss widened to ₹455.4 crore from ₹211 crore YoY, while revenue remained flat at ₹5,486.9 crore.
7 / 10Housing And Urban Development Corp Ltd | HUDCO’s Q1 FY26 net profit rose 13% YoY to ₹630.2 crore, while Net Interest Income surged 32% to ₹961 crore. Asset quality improved, with Gross NPA falling to 1.34% and Net NPA to 0.09%.
8 / 10Gujarat Narmada Valley Fertilisers & Chemicals Ltd | GNFC reported a 29.7% YoY drop in Q1 net profit to ₹83 crore due to a maintenance shutdown at its Bharuch plant. Revenue fell 20.8% to ₹1,601 crore, while EBITDA plunged nearly 80% to ₹31 crore, with margins shrinking to 1.9%.
9 / 10IRCON International | State-run firm reported a 26.5% YoY drop in Q1FY26 net profit to ₹164.5 crore, as revenue declined 21.9% to ₹1,786 crore. The fall in income weighed heavily on the company’s quarterly performance.
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