Q1 results today: Shree Cement, Aurobindo Pharma, DLF, 103 others on Aug 4
Q1 FY26 company results, Aug 4: Marico, Aditya Birla Capital, Ather Energy, Bosch, Delta Corp, Siemens Energy India, Godfrey Phillips, and Inox India will release their April-June quarter report
Back home, investors will also be watching crude oil prices closely, following announcements made by Opec+, which involved significant production hikes over the weekend | Image: Bloomberg
A host of other companies expected to declare their Q1 results today include Godfrey Phillips India, Inox India, Kansai Nerolac Paints, Sona BLW Precision Forgings, Sun Pharma Advanced Research Company, TBO TEK, Triveni Turbine, and Unichem Laboratories.
Q1 results highlights from August 2
Federal Bank reported a 15 per cent year-on-year (Y-o-Y) drop in net profit to ₹862 crore in Q1FY26, hit by higher provisions due to slippages in agriculture and microfinance. Sequentially, profit fell 16 per cent.
Net interest income (NII) rose 2 per cent to ₹2,337 crore, while non-interest income jumped 22 per cent to ₹1,113 crore.
ABB India reported a 20 per cent Y-o-Y decline in net profit to ₹352 crore for the June quarter, mainly due to forex volatility and increased expenses.
Profit after tax stood at ₹443 crore in Q2 2024. Revenue rose to ₹3,175 crore from ₹2,831 crore a year earlier, while total expenditure increased to ₹2,801.1 crore from ₹2,323.9 crore.
Market overview for August 4
Indian equities are poised to open higher on Monday, defying a weak global trend. GIFT Nifty futures were seen trading 83 points higher at 24,682 at 8 am on August 4, indicating a firm start for domestic benchmarks.
Asian markets mostly edged lower as investors digested the latest US jobs data and a fresh wave of tariffs. Wall Street closed in the red on Friday after US President Donald Trump signed an executive order revising “reciprocal” tariffs on several trading partners — from Syria to Taiwan — with new duties ranging from 10 to 41 per cent.
Back home, investors will also be watching crude oil prices closely, following announcements made by Opec+, which involved significant production hikes over the weekend.