Here's what leading brokerages expect from India Inc. in Q1-FY27 and a deep dive into expectations across companies in the frontline sectors.
Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.
Q1FY27 earnings preview: VK Vijayakumar of Geojit Investments believes that Q1 will be subdued, impacted by the energy crisis.
For a balanced portfolio, Shiv Gupta of Sanctum suggests holding around 40 per cent in equities, 25 per cent in debt, and 25 per cent in alternatives, including private equity, private debt, and gold
Rahul Singh of Tata Asset Management says easing geopolitical risks support equities, but sustained corporate earnings growth will be the key driver of the market's next rally
Accenture, an IT services and consulting company with a significant workforce in India, on Thursday reported a net income of USD 2.39 billion in the March-May quarter, up from USD 2.24 billion in the year-ago period. Accenture follows a September-August financial year, making March-May the third quarter of FY26. The Dublin, Ireland-headquartered firm reported a revenue of USD 18.7 billion in the quarter ended May. It had reported a revenue of USD 17.7 billion in the same period of the previous fiscal year. The firm recorded new bookings totalling USD 19.3 billion during the quarter under review, as compared to USD 19.7 billion in Q3 FY25. "Demand for large-scale reinvention remains strong -- 104 quarterly client bookings of USD 100 million or more year-to-date, up 13 per cent -- and we are seeing more large-scale AI transformation programmes while executing our strategy to capture new areas of growth," Accenture Chair and CEO Julie Sweet said.
While Q4FY26 results have led to an upward revision in our FY27E Nifty50 EPS growth forecast to 17.1 per cent, the recent track record of earnings downgrades warrants caution.
Krishna Kant & Ram Prasad Sahu delve into the earnings of the 10 biggest sectors in Q4FY26
Dividend payout ratio down at 25.7% in FY26, the lowest in 12 years
Although the market has consolidated, the overall reaction is modest, largely because investors still assume that the economic fallout will be temporary and is supported by strong domestic inflows.
Possible steep hike in oil & gas prices could lead to further rise in inflation, which, in turn, could push up bond yields, and hence, slowdown in banking credit growth.
Index companies adjusted net profit grew in low single digit for 8th consecutive quarter
High oil prices and geopolitical risks remain key concerns, says brokerage
Against this backdrop, Bernstein has trimmed exposure to consumption-downgrading staples and autos to Underweight given inflation headwinds, limited policy support.
PSUs, cyclicals, non-bank lenders drove profit growth
Strong order book, rising transmission investments and opportunities in renewables, data centres and HVDC projects underpin the company's long-term growth outlook
IT firm Happiest Minds Technologies on Friday reported a 79.9 per cent growth in consolidated net profit to Rs 61.17 crore in the January-March quarter of FY26, primarily on the back of improved employee utilisation and a resulting expansion in operating margins. The company had posted a net profit of Rs 34 crore in the corresponding quarter of FY25, according to regulatory filings. Revenue from operations grew 10.9 per cent to Rs 604.08 crore during the quarter under review, as compared to Rs 544.57 crore in the year-ago period. Seen sequentially, profit and revenue rose 51.7 per cent and 2.8 per cent, respectively. Employee utilisation improved to 81.4 per cent in the quarter under review, up from 77.4 per cent in the corresponding period last year. As of March 31, 2026, the company has 6,497 employees. The company's operating margin grew by 30.7 per cent year-on-year to Rs 106.21 crore in Q4 FY26, compared to Rs 81.25 crore in Q4 FY25. As a percentage of revenue, the operating
Q4FY26 company results: Firms including Bayer CropScience, AIA Engineering, Aequs, Astra Microwave Products, and Balaji Telefilms are also to release their January-March earnings today
State-owned NBCC Ltd on Monday reported a 37 per cent increase in its consolidated net profit to Rs 241.38 crore for the quarter ended March 31. Its net profit was Rs 175.91 crore in the year-ago period. The total income fell to Rs 4,618.59 crore during the fourth quarter of 2025-26 from Rs 4,700.86 crore in the corresponding period of the preceding year, according to a regulatory filing. During the full 2025-26 fiscal, the company's net profit rose to Rs 720.03 crore from Rs 541.13 crore in the preceding fiscal year. Its total income climbed to Rs 13,195.88 crore in the last fiscal from Rs 12,272.99 crore in 2024-25. NBCC Ltd is engaged in project management consultancy (PMC), real estate and EPC (engineering, procurement and construction) sectors. The Board of Directors recommended a final dividend of Rs 0.46 (46 per cent) per paid-up equity share of Rs 1 each (subject to deduction of TDS) for 2025-26.
Reliance Power has reported a consolidated net loss of Rs 494 crore for the quarter ended March 31. The company had posted a consolidated net profit of Rs 125.57 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Total income declined to Rs 1,946.33 crore during the quarter under review from Rs 2,065.64 crore in the year-ago period. The company has reported a loss of Rs 336.89 crore for the fiscal year 2025-26, compared with a net profit of Rs 2,947.83 crore in 2024-25. Total income dipped to Rs 7,988.52 crore in FY26 from Rs 8,257.04 crore in the previous fiscal. The board approved a proposal for raising funds up to Rs 6,000 crore through the issuance of equity shares, equity-linked instruments and/or other eligible securities to qualified institutional buyers via a Qualified Institutions Placement and /or a follow-on-public offer or a combination of both. The board also approved a proposal for issuance of secured / unsecured, ..