Nifty Metal net profit margin is 13.6% in Q2 FY27

Key Highlights
Nifty Metal companies reported a combined net profit of ₹13,439 crore for Q2 FY27. Combined revenue for the sector is 29.96% higher than a year ago.
Updated: Saturday 24 October 2026
- 4 companies of the 15 in the Nifty Metal index have reported Q2 FY27 results.
- Combined net profit: ₹13,439 crore, 134.22% higher than a year earlier.
- Combined revenue: ₹99,131 crore, 29.96% higher than a year earlier.
- Net profit margin: 13.56% (7.52% a year earlier).
- 11 companies still to report.
The Nifty Metal Q2 FY27 results show that 4 companies have reported a combined net profit of ₹13,439 crore, which is 134.22% higher than a year earlier. The combined revenue for these 4 companies reached ₹99,131 crore, a figure 29.96% higher than the same period a year earlier.
Nifty Metal Q2 FY27 results: the combined numbers
| Q2 FY27 | A year earlier | Change | Companies | |
|---|---|---|---|---|
| from operations | 99,131 | 76,280 | +29.96% | 4 |
| Net profit | 13,439 | 5,738 | +134.22% | 4 |
| Net profit margin | 13.56% | 7.52% | +6.03 pts | 4 |
Combined figures add the companies that reported both the quarter and the same quarter a year earlier, so they compare like with like. A company that has not reported is not in them.
The combined net profit margin for the 4 companies stood at 13.56% for the quarter, compared to 7.52% a year earlier. Net profit was higher in every company. These 4 firms represent a portion of the 15 companies in the index.

Nifty Metal companies that have reported Q2 FY27
| Company | Revenue from operations | Net profit | Revenue from operations change | Net profit change | Net profit margin |
|---|---|---|---|---|---|
| Hindustan Zinc | 15,093 | 6,412 | +76.55% | +142.05% | 42.48% |
| JSW Steel | 54,486 | 5,359 | +20.67% | +225.58% | 9.84% |
| Jindal Stainless | 12,874 | 898 | +18.19% | +11.12% | 6.97% |
| Jindal Steel | 16,679 | 771 | +42.72% | +21.35% | 4.62% |
Hindustan Zinc reported the largest net profit at ₹6,412 crore. JSW Steel recorded the largest net profit change on a year earlier at 225.58% higher. Jindal Stainless reported a net profit of ₹898 crore, which was 11.12% higher than the same quarter a year earlier.
Nifty Metal companies still to report
| Company | Board meeting |
|---|---|
| Adani | 28 Oct 2026 |
| APL Apollo Tubes | 26 Oct 2026 |
| Hindalco | 6 Nov 2026 |
| Hindustan Copper | Date not announced |
| Lloyds Metals & Energy | Date not announced |
| National Aluminium | 2 Nov 2026 |
| NMDC | Date not announced |
| Steel Authority of India | 27 Oct 2026 |
| Tata Steel | 27 Oct 2026 |
| Vedanta Aluminium Metal | 28 Oct 2026 |
| Vedanta | 28 Oct 2026 |
There are 11 companies in the index still to report their results. APL Apollo Tubes reports on 2026-10-26, while Steel Authority of India and Tata Steel report on 2026-10-27. Adani, Vedanta Aluminium Metal, and Vedanta are scheduled to report on 2026-10-28.
Nifty Metal Q2 FY27 results: FAQs
How did Nifty Metal companies do in Q2 FY27?
4 companies of the 15 in the Nifty Metal index have reported Q2 FY27 results. Their combined net profit was ₹13,439 crore, 134.22% higher than a year earlier. Combined revenue was ₹99,131 crore, 29.96% higher than a year earlier. Only companies with both quarters are added.
Which Nifty Metal company reported the largest net profit in Q2 FY27?
Hindustan Zinc, with a net profit of ₹6,412 crore, 142.05% higher than a year earlier.
Which Nifty Metal companies are yet to report Q2 FY27 results?
Adani, APL Apollo Tubes, Hindalco, Hindustan Copper, Lloyds Metals & Energy, National Aluminium, NMDC, Steel Authority of India and 3 more. The table lists the board-meeting dates the companies have announced.
Results are the companies’ filings to the exchanges; board-meeting dates are from their notices. Calculations are by ThePip. For information only; not investment advice.