ITC, Swiggy Q2 Results 2025 Analysis & Outlook

ITC’s Q2 FY26 net profit rose 4.0% to ₹5,186 crore, showcasing resilience amidst market shifts, as per the latest exchange filings on October 25, 2025. In contrast, Swiggy’s net loss widened significantly, highlighting diverging corporate performances in India’s dynamic economic landscape. This divergence is pivotal for investor decisions.

Investors are keen to understand the underlying factors driving these distinct financial outcomes. Market analysts are closely examining the revenue growth and profit margins of these key companies.

ITC reported substantial profit growth, while Swiggy’s net loss deepened despite revenue increases. IEX also posted strong profit growth of 13.9%.

We delve into a detailed analysis of ITC and Swiggy’s Q2 financial performance.

The Indian equity markets are currently navigating a period of consolidation, with a noticeable correction observed around the weekly expiry. This cautious sentiment is largely influenced by global macroeconomic factors, including signals from the US Federal Reserve regarding potential final rate cuts for 2025 and ongoing US-China trade negotiations. Market analysts suggest that the Nifty may find immediate support within the 25,600 to 25,800 range, emphasizing that a decisive rebound above 26,100 is crucial to reignite bullish momentum. In this uncertain environment, a stock-specific strategy prioritizing companies with robust fundamentals and attractive valuations is paramount for investors seeking to effectively navigate market volatility. This approach aims to capitalize on individual stock performance, a strategy widely recommended by market experts like Ajit Mishra of Religare Broking, to mitigate broad market risks.

Analyzing the Q2 FY26 earnings, ITC Ltd. demonstrated commendable resilience with a 4% year-on-year increase in net profit to ₹5,186 crore, despite a slight dip in revenue. The FMCG – Others segment continues to be a significant growth engine, registering an 8% YoY revenue increase, showcasing its robustness despite challenges such as adverse weather conditions impacting agricultural output and the transitional effects of the GST regime. In stark contrast, food delivery giant Swiggy reported a consolidated net loss of ₹1,092 crore, a substantial escalation from the previous year’s ₹626 crore loss. Although its revenue from operations surged by an impressive 54% to ₹5,561 crore, indicating robust top-line expansion, it also highlights persistent cost pressures associated with its aggressive operational growth strategies.

The Indian Energy Exchange (IEX) presented a picture of strong financial health, reporting a 13.9% YoY net profit growth to ₹123.3 crore and a 10.5% revenue increase to ₹153.9 crore. This performance was underpinned by double-digit growth in traded volumes, reaffirming its dominant position in the energy trading market. In a strategic move, Dabur India has launched ‘Dabur Ventures,’ an investment platform with an initial capital infusion of up to ₹500 crore, aiming to invest in high-growth potential, digital-first businesses. This initiative positions Dabur to tap into the rapidly evolving new-age economy, differentiating it from peers like ITC and Swiggy, which are primarily focused on core business performance and profitability challenges, respectively. Competitors such as Hindustan Unilever and Godrej Consumer Products are expected to closely monitor Dabur’s venture strategy.

Beyond these key entities, other corporate announcements have also influenced market sentiment. Retail major DLF reported a 15% decline in its September quarter consolidated net profit to ₹1,180.09 crore, attributed to reduced revenue from operations. State-owned power producer NTPC saw a 4% dip in its consolidated net profit to ₹5,067 crore for the quarter ending September 30, 2025. Hyundai Motor India Ltd (HMIL) posted strong Q2 FY26 results driven by record rural sales and a higher contribution from its SUV portfolio. HDFC Bank’s board approved the reappointment of Kaizad Bharucha as Deputy Managing Director. Tata Communications partnered with NiCE for AI in contact centres, and V2 Retail plans a QIP. Several other companies like Maruti Suzuki, BEL, BPCL, Bank of Baroda, and Patanjali are also scheduled to announce their Q2 results.

Related Topics:

ITC Q2 Results 2025, Swiggy Net Loss Analysis, IEX Profit Growth October, Dabur India Ventures, Q2 FY26 Earnings India, Indian Stock Market Outlook 2025, Nifty Support Levels, FMCG Sector Performance, ITC Ltd Financials, NSE India