Stock Market Today: ITC, Tata Power, MCX, and
Delhivery in Focus After Mixed Q1 Earnings
The Indian stock market opened cautiously on August 4, 2025, as investors digested quarterly results from key companies. From FMCG giants like ITC to logistics leaders like Delhivery, multiple sectors saw significant earnings updates. Here’s a detailed and easy-to-understand breakdown of the most important stocks to watch today based on Q1 FY26 results, management changes, and strategic developments.
ITC Delivers Mixed Q1 Results:
Revenue Shines, Margins Moderate
The FMCG major ITC posted a mixed set of
numbers for the June quarter of FY26. While revenue soared 20.6% YoY to ₹19,749 crore, driven by
its diversified segments, its EBITDA
margin only saw a marginal rise of 2.9%, reaching ₹6,261 crore.
·
Strong
growth areas: FMCG (non-cigarette), Hotels
·
Concerns:
Flat cigarette volumes, weak rural recovery
Despite the revenue beat, investor sentiment may stay neutral due to limited profitability expansion. The company continues to face cost pressures and intense competition in the non-cigarette FMCG space.
Tata Power Q1 Net Profit Rises 9%: Green Energy Business Gains
Tata Power posted a 9% rise in consolidated net profit, reporting ₹1,060
crore for Q1 FY26 versus ₹970 crore in Q1 FY25. The growth was largely led by
increased contribution from the renewable
energy and transmission segments.
·
Revenue:
₹15,740 crore (up 7.8% YoY)
·
EBITDA
margin: Improved slightly to 19.4%
·
Capacity
expansion: Added 410 MW in solar/wind
The company’s aggressive push towards clean energy aligns with its strategic vision of becoming a major renewable player by 2030.
Delhivery Surprises with 67% Jump in Q1 Profit
Delhivery, a leading logistics and supply
chain startup, reported an impressive 67%
YoY rise in net profit for the first quarter of FY26, reaching ₹91
crore. This is a sharp turnaround from the consistent losses the company faced
in earlier quarters.
·
Revenue:
₹2,294 crore vs ₹2,160 crore YoY (+6.2%)
·
Core
EBITDA: ₹149 crore (+53.6%)
Improved operational efficiency, reduced delivery costs, and expansion in Tier 2 & 3 markets contributed to the sharp improvement in performance.
LIC Housing Finance: Modest Growth at 4.4% YoY
LIC Housing Finance, a key player in India’s
mortgage lending space, reported a 4.4%
YoY rise in net profit, touching ₹1,364 crore for Q1 FY26.
·
NII
(Net Interest Income): ₹1,753 crore (+6%)
·
Asset
Quality: Gross NPA at 4.1% vs 4.3% sequentially
The slight rise in profit was largely due to improved disbursements and cost control. However, investors are watching closely for signals around lending demand amid high interest rates.
Federal Bank Profit Falls 14.7% YoY: Sluggish Lending Growth
Kerala-based Federal Bank reported a 14.7% YoY decline in net profit, which
dropped to ₹861.8 crore in Q1 FY26. The bank cited higher provisioning and
slower loan growth as key reasons.
·
Provisions:
₹425 crore (up 22%)
·
Loan
book growth: +11% YoY
·
NIMs:
Slight compression at 3.18%
Though the decline may weigh on stock sentiment, stable asset quality (Gross NPA: 2.3%) could provide some support.
RailTel Gets ₹166.38 Cr Advance Work Order from BSNL
RailTel Corporation announced that it has
received a work order worth ₹166.38 crore
from BSNL for service-related tasks. The project is expected to be completed by
July 31, 2028.
·
Scope:
Fiber maintenance, network services
·
Duration:
3-year project with phased payments
· Market
Reaction: Stock likely to see interest due to contract size
RailTel’s strong government ties and infrastructure capabilities make it a reliable execution partner for BSNL.
MCX Posts Strongest Q1 Ever: Profit Soars 49.9% QoQ
Multi-Commodity Exchange of India (MCX)
reported a stellar set of numbers for the June quarter:
·
Net
Profit: ₹203 crore (up 49.9% QoQ)
·
Revenue:
₹373 crore (up 28.2%)
·
EBITDA
Margin: 60.7%
The exchange benefited from higher commodity trading volumes and increased volatility in metal and energy markets. Analysts expect continued tailwinds in H2 FY26.
PNB Housing Sees Major Leadership Shuffle
In a surprise move, PNB Housing Finance announced a leadership overhaul with the resignation of its CEO and
re-structuring of the senior management team.
·
CEO
Exit: Manish Jaiswal stepped down after 3 years
·
New
appointees: Expected from internal promotions
·
Stock
Impact: May cause short-term volatility
This leadership transition comes at a time when the company is striving to grow in a competitive lending environment.
GR
Infraprojects Posts 57% Jump in Q1 Profit
Infrastructure player GR Infraprojects
reported a 57% increase in net profit,
reaching ₹244 crore for Q1 FY26, compared to ₹155 crore a year earlier.
·
Revenue:
₹2,318 crore (up 18% YoY)
·
Order
Book: ₹21,000+ crore
·
EBITDA
Margin: 23.2%
The strong earnings were driven by timely execution of road and highway contracts and improved realization per kilometer.
Other Stocks to Watch Today
Besides the companies mentioned above, the following
stocks may remain active in today's trade:
DLF Ltd
Q1 FY26 results expected today. Real estate
presales momentum is likely to be strong amid increased housing demand in NCR.
Tata Investment Corporation
Q1 earnings to be announced. Investors will
track NAV changes and stake appreciation in listed Tata group entities.
Siemens India
Expected to post strong quarterly numbers on
the back of higher automation and smart grid demand.
Marico
FMCG player may face pressure from rural
demand slowdown. Margins likely steady on raw material cost softening.
Aurobindo Pharma
Expected to report moderate growth, but USFDA developments remain a key risk for its injectable business.
Summary Table: Key Earnings Snapshot
| Company | Q1 FY26 Net Profit | YoY Growth | Highlight |
|---|---|---|---|
| ITC | ₹6,261 crore (EBITDA) | +2.9% | Strong revenue, soft margins |
| Tata Power | ₹1,060 crore | +9% | Renewable focus paying off |
| Delhivery | ₹91 crore | +67% | Operational efficiency boost |
| LIC Housing Finance | ₹1,364 crore | +4.4% | Moderate growth, stable asset quality |
| Federal Bank | ₹861.8 crore | -14.7% | Profit down, provisions up |
| RailTel | ₹166.38 crore (order) | N/A | Big BSNL contract win |
| MCX | ₹203 crore | +49.9% QoQ | Strong trading volumes |
| PNB Housing Finance | CEO Resignation | N/A | Management shake-up |
| GR Infraprojects | ₹244 crore | +57% | Strong infra execution |
Conclusion: What to Expect in Today’s Market?
The Indian stock market is expected to react
to a mix of Q1 earnings and corporate developments. While strong showings from MCX, Delhivery, and GR
Infraprojects may push these stocks higher, caution may persist around
Federal Bank and PNB Housing amid weaker results and
leadership changes.
Investors are advised to monitor volume trends, analyst commentary, and management guidance for cues on stock movement today.
Disclaimer:
This article is for educational and informational purposes only. It does not constitute financial advice. Always consult with a SEBI-registered advisor before making investment decisions.
