Corporate Earnings Strengthen with LTTS, RIL, REC, Havells and Nestlé Reporting Mixed Trends

India’s Q2 earnings season continued with varied performance across major listed companies. L&T Technology Services posted a net profit of ₹328 crore, up 2.8% year-on-year, as revenue rose 15.8% to ₹2,979.5 crore driven by North America and Europe demand. Reliance Industries reported a 10% rise in consolidated PAT to ₹18,165 crore alongside steady revenue growth, while Jio’s ARPU reached ₹211.4. REC Ltd delivered a 9% profit increase to ₹4,414.93 crore backed by stronger income streams.