NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Indian Stock Market to Witness Earnings Season Amid Ongoing Volatility

The Indian stock market is set to witness a busy day on Wednesday, 20 May, with more than 145 companies scheduled to release their financial results for the quarter ended on March 31, 2026. The market closed in negative territory on Tuesday, with the benchmark Nifty 50 slipping below the 23,650 mark. The Sensex declined by 114.19 points, or 0.15%, to end at 75,200.85, while the Nifty 50 fell by 31.95 points, or 0.14%, to settle at 23,618.00.

Market sentiment is expected to remain fragile and heavily influenced by geopolitical developments, crude oil movement, rupee volatility, and institutional flow trends. These factors are likely to determine the near-term direction for Indian equities.

Key Companies to Release Q4 Results

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Several notable companies are set to release their Q4 results 2026 today, including Lenskart, Grasim Industries, Ola Electric Mobility, Apollo Hospitals, Metro Brands, Whirlpool of India, and Kwality Walls India.

Lenskart Q4 Results Preview

Brokerage firm Motilal Oswal expects Lenskart to grow by 27% year-over-year (YoY), driven by strong growth in both India (+30%) and international (+21%) businesses. The firm anticipates EBITDA margins to expand by 120 basis points, led by operating leverage. Meanwhile, EBITDA is expected to grow by 35% YoY, while reported profit after tax (PAT) will appear weaker YoY due to one-off benefits in 4QFY25.

Ola Electric Q4 Results Preview

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Brokerage firm Kotak Institutional Equities expects Ola Electric's revenue to decline by 51% year-over-year, mainly due to a 59% drop in volumes, partially offset by an 8% rise in average selling prices (ASPs) driven by higher PLI accruals and a greater contribution from motorcycles. The firm expects the company to report an EBITDA loss of ₹2.2 billion in Q4 FY26, compared to an EBITDA loss of ₹6.9 billion in Q4 FY25.

Apollo Hospitals Q4 Results Preview

Kotak Institutional Equities expects Apollo Hospitals to post 13% YoY sales growth in the hospitals segment in 4QFY26, led by 6% YoY increase in ARPP, aided by new bed commercialization. The firm further anticipates 9% YoY growth in hospitals EBITDA with EBITDA margin declining 130 basis points quarter-to-quarter (QoQ) to 23.5% (-80 bps yoy).

Full List of Companies to Declare Q4 Results 2026

Here is a full list of companies to declare their Q4 results 2026 on Wednesday, 20 May:

Company NameExpected Growth
Lenskart27% YoY
Ola Electric Mobility-51% YoY
Apollo Hospitals13% YoY
Grasim Industries-
Metro Brands-
Whirlpool of India-
Kwality Walls India-

Note: The expected growth figures are based on the previews provided by brokerage firms and may not reflect the actual results.

Investor Takeaway

Investors should monitor the Q4 results of these companies for market trends.

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