Indian equity markets are likely to open lower on Friday, February 6, amid declines in Asian markets. GIFT Nifty futures were trading at 25,633 at 8:10 am, down 68 points, indicating a weak start for the Nifty 50.
Investors will track the outcome of the Reserve Bank of India’s Monetary Policy Committee meeting. RBI Governor Sanjay Malhotra is scheduled to announce the MPC decision later on Friday.
Bharti Airtel reported a 55 percent decline in net profit for the quarter ended December 2025 at ₹6,630 crore. The company attributed the decline to a base effect from the previous quarter.
PVR INOX reported a 1.6-fold increase in net profit for the quarter ended December at ₹95.7 crore. Revenue for the October–December quarter rose 9.5 percent to ₹1,879.8 crore.
Hexaware reported net profit of ₹100 crore for the quarter ended December, down 49 percent from ₹197 crore a year earlier, due to provisions made in November under the new labour code. Operating revenue increased 10.2 percent to ₹1,860 crore, while revenue in constant currency terms rose 3.5 percent.
PhysicsWallah reported a 33 percent year-on-year increase in net profit in Q3FY26 to ₹102.3 crore from ₹76.7 crore a year earlier. Revenue from operations rose 34 percent to ₹1,082.4 crore.
Life Insurance Corporation of India reported a 17 percent increase in net profit for the third quarter at ₹12,958 crore, compared with ₹11,056 crore in the corresponding quarter of the previous financial year. Net premium income rose to ₹1,25,613 crore from ₹1,06,891 crore a year earlier.
Mazagon Dock Shipbuilders reported a 9 percent year-on-year increase in profit after tax to ₹879.8 crore. Quarterly revenue rose 14.6 percent to ₹3,601.1 crore.
JK Paper reported a consolidated net profit of ₹27.53 crore in Q3FY26, compared with ₹65.29 crore a year earlier. Total income increased to ₹1,781.65 crore from ₹1,654.25 crore.
Sai Life Sciences reported an 86 percent year-on-year increase in net profit to ₹100 crore. Total income rose 26 percent to ₹556 crore, while EBITDA increased 56.6 percent to ₹187 crore.
Indian Oil Corporation reported a six-fold increase in net profit for the quarter ended December 2025 to ₹13,502 crore, compared with ₹2,147 crore in the corresponding quarter of the previous financial year.
The Reserve Bank of India approved Asia II Topco XIII Pte. Ltd. to acquire up to 9.99 percent of the paid-up share capital or voting rights of Federal Bank, subject to certain conditions.
RateGain Technologies UK made a prepayment of $19 million to bankers under its existing credit facilities on February 5, 2026, and also repaid a loan instalment of $6.25 million.
