The earnings season has officially begun with Tata Consultancy Services (TCS) among the first companies to report financial results for the quarter ending June 30, 2026. According to reports from Mint, marquee companies including HCL Technologies, Wipro, Jio Financial Services, Billionbrains Garage Ventures, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, J. K. Cement, and Bharat Heavy Electricals (BHEL) are scheduled to declare their Q1 results between July 13-18, 2026. As reported by Mint, investor focus is expected to shift increasingly toward the first-quarter earnings season, with the technology sector remaining in the spotlight following TCS's better-than-expected results.
On Wednesday, the Indian stock market ended lower as rising geopolitical tensions and higher crude oil prices dampened investor sentiment. According to Mint, the Sensex dropped 561 points, or 0.72%, to close at 77,054.94, while the NSE Nifty 50 lost 159 points, or 0.66%, to settle at 24,052.05. This marked the end of a three-session winning run for the markets. As reported by Mint, the technology sector is expected to remain in the spotlight following TCS's better-than-expected results. In the first quarter of FY27, the benchmark Nifty 50 jumped 6.6%, surpassing the fourth quarter FY2025-26 returns as the index dropped 14% in the period. The first quarter started with high negative sentiment due to the war in the Middle East, which continued till the end of June.
Brokerage firm Axis Securities expects revenue growth of 3.5% QoQ for HCL Technologies, impacted by headwinds in client-specific accounts and seasonal weakness in the software business, partially offset by the benefit of rupee depreciation. According to Mint, EBIT margins are expected to decline by 40 bps QoQ due to restructuring costs and higher investments. Key monitorables include management outlook on the Services and ERD businesses, software business performance, deal pipeline, and FY27 revenue guidance. The board will also consider the second interim dividend for FY27, with the record date yet to be announced.
More than 30 companies are scheduled to declare their Q1 earnings FY27 on Wednesday, July 15, with Billionbrains Garage Ventures (Groww), Union Bank of India, HDFC Life Insurance Company, ICICI Lombard General Insurance Company, HDFC Asset Management Company, ICICI Prudential Life Insurance Company, HDB Financial Services, Himadri Speciality Chemical, Angel One, Mangalore Refinery and Petrochemicals, Emmvee Photovoltaic Power, Fedbank Financial Services, Jana Small Finance Bank, Network18 Media & Investments, Steel Strips Wheels, Oriental Hotels, Onix Solar Energy, Sai Silks Kalamandir, Reliance Industrial Infrastructure, Lotus Chocolate Company, GTPL Hathway, KSolves India, Artson, Goa Carbon, Agri-Tech (India), Liotech Industries, Key Corporation, Jaipan Industries, Gyan Developers and Builders, Neil Industries, and Hemo Organic among the key companies reporting today. The comprehensive Q1 results schedule runs from July 13-18, 2026, with over 110 firms declaring their financial results throughout the week.
Eighteen companies, including Tata Elxsi and L&T Technology Services, will announce their Q1 FY27 earnings on July 14, setting early demand and margin expectations for the ER&D sector. Investors will track revenue growth, margins, management commentary, dividends and future guidance as the earnings season gathers momentum. According to latest reports, the comprehensive list includes A2Z Infra Engineering, Anand Rathi Share And Stock Brokers, Aditya Birla Money, Benares Hotels, Daikaffil Chemicals India, Dhampur Bio Organics, Den Networks, Hathway Bhawani Cabletel & Datacom, Infomedia Press, Jindal Saw, Manaksia Coated Metals & Industries, Sanathnagar Enterprises, SG Finserve, Sulabh Engineers & Services, Trio Mercantile & Trading, and L&T Technology Services. After releasing their earnings, many companies are expected to hold earnings calls to discuss their quarterly performance, business outlook and growth plans, with some companies also announcing dividend payouts along with their financial results.
