A packed day of Q1 results on July 21, 2026 delivered a mixed earnings picture across Indian companies. The headline moves came from the Adani group, where Adani Total Gas reported a 14% drop in profit after tax, while Adani Energy Solutions posted a sharp rise in quarterly profit.

Auto names were among the brighter spots in the latest June-quarter updates. TVS Motor Company and Bajaj Auto both recorded profit growth, adding to signs of resilience in parts of the automotive segment. Granules India also reported a rise in profit, extending the list of companies that showed earnings improvement during the quarter.

The day’s earnings calendar also featured several other closely watched companies, including Indian Hotels Company, JSW Infrastructure and Mahindra and Mahindra Financial Services. Together, the updates offered investors a broad look at how businesses across sectors performed at the start of the financial year, with results showing clear divergence between companies and industries.

Among the latest updates, IndiaMART InterMesh reported a 12% increase in Q1 net profit to Rs 172.2 crore, while revenue climbed 11.4%. Overall, the Q1 results highlights reflected a market still sorting winners from laggards, with profit growth in some businesses contrasting with pressure on others.