DLF reported a fall in quarterly net profit to ₹1,171 crore from ₹1,381 crore last year, though sales bookings rose to ₹4,332 crore, supported by strong luxury demand. CRISIL upgraded its rating to AA+/Stable amid solid financial health.

United Spirits reported a 41% rise in net profit to ₹472 crore in Q2, driven by premium brand demand, improved margins, and pricing actions, despite regulatory headwinds in Maharashtra. Revenue rose 11.5% to ₹3,170 crore.

Lodha Developers posted its best-ever Q2 with pre-sales of ₹4,570 crore, up 7% YoY. Net profit soared 87% to ₹790 crore, supported by 45% revenue growth and robust margins.

NTPC reported a 4% YoY decline in Q2FY26 net profit to ₹5,067 crore, while revenue remained flat at ₹44,786 crore. The PSU declared a ₹2.75 interim dividend as capacity rose to 83,893 MW.

Nifty closed lower amid weakness in banking, auto, and IT stocks after a less dovish Fed stance. Analysts see limited downside, recommending GMR Airports, Oil India, Engineers India, and CreditAccess for short-term gains.

Radico Khaitan MD Abhishek Khaitan urged more states to follow Uttar Pradesh’s excise model with composite shop licenses, enabling consumers to buy all liquor types under one roof. The company reported 48.8% volume growth and 69% profit rise in Q2FY26.

Eyewear retailer Lenskart Solutions secured Rs 3,268.36 crore from 147 anchor investors. This strong participation precedes its upcoming Initial Public Offering. The company is set to launch its IPO on October 31. This move highlights significant investor confidence in India s leading eyewear brand. Lenskart aims to expand its stores and invest in technology.

State-run Union Bank of India on Thursday reported a 10 per cent decline in September quarter profit at Rs 4,249 crore, driven by a decline in core income and also recoveries from written-off accounts.

FOX-RESULTS/ (UPDATE 3, PIX)UPDATE 3-Fox s ad strength fuels quarterly revenue growth, announces $1.5 billion share buyback

Wall Street s main stock indexes opened lower on Thursday after mixed earnings reports from large technology firms and comments from Federal Reserve Chair Jerome Powell sowed doubts about further rate cuts this year.