Stocks

GE Vernova T&D India will hold its annual general meeting on Sept. 9 and has confirmed a final dividend of ₹10 per equity share, equivalent to 500% on a ₹2 face value. The company reported a year-on-year increase in total revenue to ₹18,779.8 million for the quarter. Under applicable rules, resident shareholders with dividend income above ₹10,000 and a valid PAN face 10% TDS, while those without a valid PAN are subject to 20%.

Swiss sportswear brand On reported second-quarter net revenue of 850.3 million Swiss francs, below market expectations of 878.16 million Swiss francs, sending the stock to a roughly two-year low. The company raised its full-year gross margin outlook to at least 65%. It also adjusted its full-year net sales forecast range at constant currency to 3.47 billion to 3.56 billion Swiss francs. Asia-Pacific sales rose 54.7%, but the overall miss weighed on the shares.

Robinhood’s event-contracts revenue surged more than tenfold year over year to $156 million, surpassing crypto revenue for the first time. Gold subscriptions reached a record 4.8 million members, and Gold Card holders topped 1 million. The company’s Trump Accounts product drew 7 million signups. Total revenue rose 32% to a record $1.3 billion, while HOOD shares are down 17% over the past year, trailing Interactive Brokers and the S&P 500.

Iceland’s Kvika Bank reported Q2 2026 profit before tax of ISK 1,545 million, down 23.7% year on year. Post-tax profit fell 37.2% to ISK 903 million. Net interest income rose 1.7% to ISK 3,013 million and the net interest margin was unchanged at 4.0%. Net fee and commission income slid 26.8% to ISK 1,416 million, weighing on results.

Brookfield India Real Estate Trust posted a 67% year-on-year rise in net profit to ₹2,213 million for Q1FY26. Revenue climbed 51% to ₹9,738 million, while operating margin edged up to 73.28% from 72.31%. Net operating income increased 52% to ₹7,566 million as occupancy improved to 93%, supported by 1.1 million square feet of gross leasing. Finance costs rose to ₹3,378 million on acquisition-related debt, and the trust declared a ₹0.93 per-unit dividend.

Gemstone Investments Limited posted unaudited Q1 FY27 net profit of ₹87.7 lakh, up 612% from ₹12.3 lakh a year earlier. Revenue rose to ₹172 lakh from ₹35.9 lakh, an increase of 379%. Profit before tax climbed to ₹117.3 lakh, up 633% year on year. The company also opened remote e-voting and a postal ballot for an auditor appointment, with voting closing on August 16, 2026.

Shree Rajasthan Syntex posted unaudited results for Q1 FY26, with revenue from operations rising 10.3% year on year to ₹376.14 lakh. Other income jumped to ₹31.35 lakh from ₹3 lakh a year earlier, lifting total income to ₹407.49 lakh. Total expenses were broadly flat at ₹477.40 lakh, while net loss narrowed 47.4% year on year to ₹69.91 lakh. Loss per share was ₹0.17 versus ₹0.05 in Q1 FY25.

Bank of America downgraded AppLovin to “Neutral,” sending the stock down nearly 6% to $319. The move followed second-quarter results in which revenue rose 53% year over year to $1.92 billion and adjusted EBITDA increased 58% to $1.61 billion, but both fell short of management’s guidance. The miss has fueled doubts about AppLovin’s long-run pledge of 30% annual revenue growth, with analysts questioning whether gains tied to its self-learning algorithms can be sustained.

Apotex reported a $38.3 million net loss in its first quarter, compared with a $362.7 million profit a year earlier. Revenue fell 25.6% to $848 million from $1.14 billion. Diluted loss per share was 19 cents versus diluted earnings per share of $1.88 in the prior-year quarter. The company completed an upsized IPO on June 16 at $24 per share, raising nearly $1.5 billion that CEO Jeff Watson said will be used to reduce debt and add balance-sheet flexibility.

Dynamic Archistructures reported a Q1 net profit of ₹5.99 crore for the quarter ended June 30, 2026, reversing a ₹3.77 crore loss in the previous quarter. Revenue from operations rose to ₹7.26 crore, versus ₹0.01 crore in Q4FY26 and ₹5.00 crore a year earlier. The results highlight a wide gap between revenue growth and relatively steady costs, pointing to a highly volatile earnings profile. The sharp shift from loss to profit within one quarter underscores significant swings in quarterly profitability.