Stocks to Watch for October 30: Coal India, Suzlon Energy, IndiGo, Trent, Vedanta Power and more

Suzlon Energy | Firm reported a 26% year-on-year increase in revenue from operations to ₹4,869 crore in Q2 FY27, supported by record quarterly deliveries of 710 MW.  Net profit after tax rose 1.3% year-on-year to ₹394 crore on a comparable basis, excluding the ₹891 crore deferred tax asset creation in Q2 FY26. EBITDA remained broadly flat at ₹720 crore against ₹721 crore a year ago, while the EBITDA margin contracted to 14.8% from 18.6%. Profit before tax declined to ₹518 crore from ₹562 crore.

InterGlobe Aviation | The parent company of IndiGo, reported its third consecutive quarterly net loss, posting a consolidated loss after tax of ₹1,879.1 crore for the July–September quarter. The net loss narrowed from ₹2,582.1 crore reported in the same quarter last year. Foreign exchange losses stood at ₹1,333 crore, accounting for roughly 70% of the total net loss for the quarter. Fuel cost per available seat kilometre (Fuel CASK) increased 68.9% to ₹2.44.  Total expenses for the quarter rose 18.6% to ₹26,188.4 crore.

Vedanta Power | The firm reported its highest-ever quarterly performance in Q2 FY27. It posted a net profit of ₹83 crore, compared with a loss of ₹423 crore in the previous quarter, while its EBITDA margin expanded to 14.5% from 11.2%. Revenue rose 11.5% quarter-on-quarter to ₹2,908 crore from ₹2,607 crore. EBITDA increased 44.7% to ₹421 crore from ₹291 crore in the preceding quarter, reflecting an improvement in operating performance.

Vedanta Oil and Gas Ltd | The firm reported a 21% quarter-on-quarter decline in profit to ₹746 crore in the September quarter of FY27, compared with ₹944 crore in the preceding quarter. Revenue edged down 0.8% sequentially to ₹2,488 crore from ₹2,507 crore. The EBITDA margin expanded to 54.3% from 32.5%. It reported average daily gross operated production of 72.2 thousand barrels of oil equivalent per day (kboepd) in Q2 FY27. Average daily working interest production stood at 47.8 kboepd during the quarter.

Blue Star | Home and commercial appliances manufacturer reported a 25.5% year-on-year rise in consolidated profit, beating the CNBC-TV18 poll estimate of ₹70 crore. Revenue from operations grew 21% year on year to ₹2,930.95 crore from ₹2,422.37 crore, ahead of the poll estimate of ₹2,760 crore. The EBITDA margin stood at 6.9%, below 7.6% in the year-ago quarter but above the CNBC-TV18 poll estimate of 5.3%.

Trent | Net profit for Q2 FY27 rose 8.6% year-on-year to ₹490 crore from ₹451 crore in the corresponding quarter last year. The figure was ahead of CNBC-TV18’s poll estimate of ₹475 crore. Revenue grew 22.5% to ₹5,788 crore from ₹4,724 crore a year earlier, reflecting continued growth in the company’s retail business. Revenue from the sale of merchandise, excluding other operating income, also increased 23% year-on-year during the quarter. The company also announced that Noel Tata will retire as Trent chairman effective November 11, 2026, as he turns 70.