Revenue rockets: Godrej Properties, Sterlite, HFCL lead Q2 FY27 Revenue surge
From real estate to telecom, steel to green energy, ten companies with market caps above Rs 1,000 crore posted consolidated Q2 FY27 revenue growth of at least 41% year-on-year. Here is a list of 10 stocks seeing tremendous revenue growth!
Godrej Properties Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 closed above FY25 on revenue and profit .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 4922.84 | 5131.43 |
| PAT (Rs crore) | 1389.23 | 1840.66 |
| EBITDA margin (%) | 40.0 | 54.6 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 740.38 | 402.99 |
| Q1 FY27 | 506.17 | 349.38 |
| Q2 FY27 | 1935.17 | 145.47 |
Management frames Q2 FY27 around pre-sales rather than reported revenue. Booking value stayed above Rs 7000 crore for the seventh straight quarter .
Source: .
| Q2 FY27 driver | Level |
|---|---|
| Booking value (Rs crore) | 8008 |
| Sustenance sales (Rs crore) | 5054 |
| H1 FY27 booking value (Rs crore) | 16659 |
Sustenance contributed 63% of the quarter and grew sharply YoY and QoQ. Launches were lighter at Rs 5500 crore, with part of the pipeline moved to Q3 FY27 .
For outlook, management guides to a strong H2 on launches and sustenance. It expects full-year bookings growth and higher collections and operating cash flow in H2 .
It also points to Rs 40000 crore of booking value to be delivered and recognised by FY28. The intent is 20% ROE from FY28, with deliveries subject to approvals .
Sterlite Technologies Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 returned to profit after a loss in FY25 .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 3996.0 | 4745.0 |
| PAT (Rs crore) | -123.0 | 56.0 |
| EBITDA margin (%) | 11.3 | 13.6 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 1034.0 | 4.0 |
| Q1 FY27 | 1910.0 | 197.0 |
| Q2 FY27 | 2529.0 | 517.0 |
Management described Q1 FY27 as its highest ever quarter on revenue, EBITDA and PAT. Growth was tied to record order intake and data-centre demand .
Source: .
| Q1 FY27 driver | Level |
|---|---|
| Order intake (Rs crore) | 13100 |
| Open order book (Rs crore) | 18618 |
| Data-centre revenue share (%) | 21 |
Orders included a multiyear 110.00 crore dollar hyperscaler deal for AI data centres. North America rose to 54% of mix in the quarter .
For outlook, management revised EBITDA margin guidance upward to 23%. It targets higher attach rates through the year .
Longer ambition is Rs 20000 crore revenue by FY29 with 27% plus margin. That compares with Rs 4750 crore and 13.2% in FY26 .
HFCL Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 was above FY25 on revenue, profit and margin .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 4064.52 | 4949.27 |
| PAT (Rs crore) | 173.26 | 329.44 |
| EBITDA margin (%) | 12.5 | 16.7 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 1043.34 | 71.92 |
| Q1 FY27 | 1914.98 | 245.64 |
| Q2 FY27 | 2541.79 | 394.22 |
Management called Q2 FY27 the best quarterly performance in its history. Profitability improved with scale and mix .
Source: .
| Q2 FY27 driver | Level |
|---|---|
| EBITDA (Rs crore) | 658.00 |
| EBITDA margin (%) | 25.89 |
| Confirmed order book (Rs crore) | 28911 |
Drivers cited are AI infrastructure, hyperscale data centres and international telecom. Products were about 91% of revenue and exports about 63% .
For outlook, management expects at least 80% revenue growth in FY27. It sees Rs 10000 crore revenue earlier than FY29 and margin above 27% by FY29 .
Eternal Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 revenue was sharply above FY25, while PAT was lower .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 20243.0 | 54364.0 |
| PAT (Rs crore) | 527.0 | 366.0 |
| EBITDA margin (%) | 8.5 | 4.8 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 13590.0 | 65.0 |
| Q1 FY27 | 20211.0 | 92.0 |
| Q2 FY27 | 24138.0 | 125.0 |
Management ties Blinkit growth to existing cities and frequency-led deepening. Cohort spending is up sharply versus three years back .
Source: .
| Q1 FY27 driver | Level |
|---|---|
| Blinkit QoQ volume growth (%) | 21 |
| Monthly transacting users | comfortably over 3 crore |
| Capex per store (Rs crore) | 2.5 |
Net average order value was flat YoY, with growth from frequency. Food delivery acceleration came from new users and more frequent ordering .
For outlook, the long-term quick-commerce frame is close to 6% Adjusted EBITDA and 4% EBIT. Management sees competitive intensity as high but more predictable .
Hindustan Zinc Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 was above FY25 on revenue, profit and margin .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 34083.0 | 40844.0 |
| PAT (Rs crore) | 10353.0 | 13832.0 |
| EBITDA margin (%) | 53.7 | 56.8 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 8549.0 | 2649.0 |
| Q1 FY27 | 13747.0 | 5469.0 |
| Q2 FY27 | 15093.0 | 6412.0 |
Management said growth was led by higher metal output and supportive prices. By-products, lead concentrate and a stronger dollar added upside .
Source: .
| Q2 FY27 driver | Level |
|---|---|
| EBITDA (Rs crore) | 9285 |
| EBITDA margin (%) | 62 |
| Saleable silver (tons) | 173 |
Mined metal rose 5% YoY and refined metal rose 7% YoY. Silver output rose 20% YoY and contributed about 45% of first-half profit .
For outlook, full-year cost guidance was cut to 825 to 850 dollar per ton. Silver guidance is 680 tons for FY27 alongside expansion projects .
Adani Energy Solutions Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 was above FY25 on revenue, profit and margin .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 23767.09 | 27588.03 |
| PAT (Rs crore) | 921.69 | 2392.75 |
| EBITDA margin (%) | 31.9 | 35.6 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 6595.83 | 557.1 |
| Q1 FY27 | 9711.08 | 1236.56 |
| Q2 FY27 | 10075.54 | 1363.92 |
Management attributes operational revenue growth to broad-based strength. The mix shifted toward Energy Solutions Platform .
Source: .
| Q2 FY27 segment revenue (Rs crore) | Level |
|---|---|
| Energy Solutions Platform | 2197 |
| Distribution | 3181 |
| Transmission | 1521 |
Total EBITDA reached a record and PAT rose sharply YoY. System availability was 99.75% with higher Mumbai volumes .
For outlook, the pipeline includes transmission construction and smart metering rollout. Energy Solutions has tied-up supply and storage capacity .
Torrent Pharmaceuticals Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 was above FY25 on revenue and profit .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 11516.0 | 13980.0 |
| PAT (Rs crore) | 1911.0 | 2138.0 |
| EBITDA margin (%) | 32.3 | 31.3 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 3302.0 | 591.0 |
| Q1 FY27 | 4921.0 | 566.0 |
| Q2 FY27 | 4979.0 | 534.0 |
Geographic breadth supported growth through FY26. India remained the largest contributor, with Others growing fastest .
Source: .
| FY26 revenue (Rs crore) | Level |
|---|---|
| India | 7645 |
| Others | 2361 |
| Total | 13980 |
In Q4 FY26 total revenue rose 42% YoY, led by India and Others. The United States, Brazil and Germany also grew .
Earlier consolidated Q3 FY26 and nine-month totals also showed growth across all five markets. No Q2 FY27 driver narrative was in these decks .
Adani Power Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 revenue was slightly below FY25, while PAT was higher .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 56203.09 | 54240.52 |
| PAT (Rs crore) | 12749.61 | 12971.08 |
| EBITDA margin (%) | 42.7 | 43.2 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 13456.84 | 2906.46 |
| Q1 FY27 | 18901.89 | 4866.6 |
| Q2 FY27 | 19438.68 | 7019.32 |
Management links strength carried into Q2 to volume plus realisation. Plant load factor and power sales improved sharply .
Source: .
| Q1 FY27 driver | Level |
|---|---|
| Power sales (crore units) | 2,900 |
| PPA realisation (Rs per unit) | 5.93 |
| Continuing revenue (Rs crore) | 17550 |
PPA sales grew faster than total sales after tie-ups for open capacities. One-time prior period revenue also lifted reported revenue .
For outlook, expansion is contracted toward 42 GW by 2032. Land and equipment are locked in for 23.7 GW .
Jindal Steel Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 was above FY25 on revenue, profit and margin .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 49764.97 | 53224.92 |
| PAT (Rs crore) | 2845.68 | 3360.87 |
| EBITDA margin (%) | 16.9 | 17.1 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 11685.88 | 635.08 |
| Q1 FY27 | 15482.13 | 843.8 |
| Q2 FY27 | 16678.54 | 770.64 |
Management attributes higher revenue to volume and price-mix. Production held steady despite monsoon while sales rose on liquidation .
Source: .
| Q2 FY27 driver | Level |
|---|---|
| Steel sales (MT) | 2.38 |
| Flats share (%) | 61 |
| Adjusted EBITDA (Rs crore) | 2504 |
ASP improved on higher flats and lower TMT in longs. Raw material, power and freight costs rose QoQ .
For outlook, focus is Angul expansion and slurry pipeline. Capex is guided at Rs 7500-10000 crore annually via internal accruals .
Adani Green Energy Ltd
The Q2 FY27 screen entry is shown in the overview table . On a consolidated basis FY26 revenue and EBITDA were above FY25, while PAT was slightly lower .
Source: .
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (Rs crore) | 11212.0 | 12928.0 |
| PAT (Rs crore) | 2001.0 | 1987.0 |
| EBITDA margin (%) | 87.1 | 88.5 |
Source: .
| Quarter | Revenue (Rs crore) | PAT (Rs crore) |
|---|---|---|
| Q2 FY26 | 3008.0 | 644.0 |
| Q1 FY27 | 4431.0 | 983.0 |
| Q2 FY27 | 4258.0 | 747.0 |
Management attributes growth to greenfield capacity and energy sales. Operational capacity rose on large additions .
Source: .
| H1 FY27 driver | Level |
|---|---|
| Operational capacity (MW) | 20763 |
| Energy sales growth YoY (%) | 32 |
| EBITDA margin H1 (%) | 92.9 |
Revenue and EBITDA from power supply grew strongly in H1 and Q2. Margins stayed industry-leading on O and M efficiency .
For outlook, the path is secured to 50 GW by 2030. Khavda and storage build-out anchor that plan .
| Company | Q2 FY27 revenue (Rs crore) | YoY growth (%) | Market cap (Rs crore) |
|---|---|---|---|
| Godrej Properties Ltd | 1935.17 | 161.4 | 45120.72 |
| Sterlite Technologies Ltd | 2529 | 144.6 | 42615.36 |
| HFCL Ltd | 2541.79 | 143.6 | 36803.34 |
| Eternal Ltd | 24138 | 77.6 | 305916.12 |
| Hindustan Zinc Ltd | 15093 | 76.5 | 209998.35 |
| Adani Energy Solutions Ltd | 10075.54 | 52.8 | 149182.1 |
| Torrent Pharmaceuticals Ltd | 4979 | 50.8 | 170474.78 |
| Adani Power Ltd | 19438.68 | 44.5 | 350981.44 |
| Jindal Steel Ltd | 16678.54 | 42.7 | 103232.92 |
| Adani Green Energy Ltd | 4258 | 41.6 | 195190.37 |
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Sources
- 1 10 companies: create a section for each company and within each section mention quarterly financials trend, annual — historical financial matrix and financial statement analysis
- 2 Godrej Properties Ltd — historical financial matrix and financial statement analysis
- 3 Investor presentation, 2026-10-23
- 4 Sterlite Technologies Ltd — historical financial matrix and financial statement analysis
- 5 Earnings-call transcript, Jul 2026
- 6 Earnings-call transcript, 2026-09-07
- 7 HFCL Ltd — historical financial matrix and financial statement analysis
- 8 Investor presentation, 2026-10-19
- 9 Eternal Ltd — historical financial matrix and financial statement analysis
- 10 Earnings-call transcript, 2026-07-29
- 11 Hindustan Zinc Ltd — historical financial matrix and financial statement analysis
- 12 Earnings-call transcript, 2026-10-23
- 13 Adani Energy Solutions Ltd — historical financial matrix and financial statement analysis
- 14 Investor presentation, 2026-10-23
- 15 Torrent Pharmaceuticals Ltd — historical financial matrix and financial statement analysis
- 16 Investor presentation, 2026-05-22
- 17 Investor presentation, Feb 2026
- 18 Adani Power Ltd — historical financial matrix and financial statement analysis
- 19 Earnings-call transcript, 2026-07-29
- 20 Investor presentation, 2026-09-07
- 21 Jindal Steel Ltd — historical financial matrix and financial statement analysis
- 22 Investor presentation, 2026-10-23
- 23 Adani Green Energy Ltd — historical financial matrix and financial statement analysis
- 24 Investor presentation, 2026-10-21