More than 700 companies will share their Q4FY26 results on May 29-30, covering the January to March period performance. According to reports from NDTV Profit and Business Standard, the focus will be on key companies including Asian Paints, BEML, InterGlobe Aviation (IndiGo), Glenmark Pharmaceuticals, NMDC along with several other listed firms. Investors will closely monitor revenue growth, profit trends, and operating margins across different sectors, with particular attention on management commentary, future guidance, order book updates, and demand outlook during earnings calls. Some companies may also announce dividends as part of their quarterly results.
Asian Paints reported standalone revenue from sales up 3% year-on-year to ₹7,602 crore against ₹7,384 crore in the corresponding quarter last year, as reported by NDTV Profit. However, profit after tax (PAT) declined 7% to ₹1,025 crore from ₹1,104 crore earlier. The company reported a strong improvement in gross margins, which stood at 44.9%, up 200 basis points on a year-on-year basis. Glenmark Pharmaceuticals Q3FY26 consolidated revenue rose 15% YoY to ₹3,900 crore compared to ₹3,388 crore in the same quarter last year, with Ebitda at ₹870 crore and margin of 22.3%. The company posted a consolidated net profit (PAT) of ₹403 crore for the quarter.
IndiGo posted a standalone net loss of ₹2,536.9 crore in Q4FY26, significantly higher than the ₹3073.4 crore profit recorded in the same quarter last year. The airline's capacity increased by 3.4% to 43.6 billion ASKs despite disruptions from the Middle East conflict, but passengers declined marginally by 1.1% to 31.6 million. Yield decreased by 2.2% to ₹5.20 and load factor decreased by 1.7pts to 85.8%. Revenue from Operations increased by 1.3% to ₹224,384 million, while fuel CASK reduced by 4.8% to ₹1.53. Multiple brokerages had expected losses, with Anand Rathi estimating a ₹697 crore loss and Elara Securities projecting ₹700 crore loss for the quarter. IndiGo shares ended 3.61% lower at ₹4,405 on the NSE ahead of the results announcement.
Asian Paints delivered exceptional Q4FY26 results with consolidated net profit rising 69.3% year-on-year to ₹1,172.1 crore compared to ₹700.83 crore in the same quarter last year, aided by a low base as the corresponding quarter last year included an exceptional item of ₹183 crore. According to The Hindu BusinessLine and Business Standard, revenue from sales increased 10.6% to ₹9,246.7 crore from ₹8,329.59 crore year-on-year. The company reported double-digit volume and value growth with margin expansion, with the domestic decorative business delivering 12.4% growth in volume and 10.2% growth in value terms. PBDIT margin increased to 21.2% from 18.5% in the corresponding period, while PBDIT grew 26% to ₹1,670 crore. The company also recommended a final dividend of ₹23 per share. International operations posted an 11% increase in sales to ₹888.1 crore, driven by strong performance in Sri Lanka, Egypt and the UAE. Profit before interest, depreciation and tax (PBIDT) was ₹1,983.2 crore, up 44.1%, with strong growth in industrial coatings business helping overall coatings volumes increase by 12.7% and value growth by 11%.
Looking ahead, investors will closely monitor how IndiGo navigates the next two quarters amid challenging conditions. The airline's former British Airways chief Willie Walsh starts as CEO in August, but the transition comes during a particularly volatile period for aviation. Domestic passenger traffic growth slowed to 1.33% in FY26 - the weakest pace since the pandemic, while the airline faces questions about capacity discipline and whether it may trim domestic capacity similar to Air India. Markets will seek clarity on operational continuity under new leadership and whether the airline will tap the government's ₹5,000 crore emergency credit line guarantee scheme (ECLGS) for airlines. The broader aviation sector faces pressure from elevated fuel costs, geopolitical disruptions, and the need for disciplined capacity management. The Nifty50 and Sensex closed sharply lower on Friday, weighed down by uncertainty over the US-Iran deal, with the Sensex falling 1,092.06 points or 1.44% to close at 74,775.74 and Nifty50 declining 359.4 points or 1.50% to settle at 23,547.75.
