Indian Companies to Report Q4 2026 Earnings Next Week
Q4 Earnings Season Heats Up as Tata Consultancy Services Leads the Charge
The Q4 earnings season has officially begun, with Tata Consultancy Services (TCS) being one of the first companies to declare their financial results for the quarter ending on March 31, 2026. Other notable companies, including Wipro, HDFC Bank, ICICI Bank, Yes Bank, and ICICI Prudential Life Insurance, are set to announce their Q4 results next week.
As the market's focus shifts from headline numbers to forward guidance, management commentary on demand visibility, margin sustainability, and structural themes such as AI-led disruption will be crucial in shaping sectoral trends. The banking and financials sector, led by heavyweights like HDFC Bank and ICICI Bank, will remain central to index direction, while IT stocks like Wipro may continue to face pressure amid global demand uncertainties.
The Indian equity markets witnessed a volatile week, with a cautious undertone. Although the indices staged a recovery to end slightly higher, the overall movement was characterized by sharp fluctuations and phases of consolidation, which capped momentum. The benchmark indices, the Nifty and Sensex, rose about 6%, ending the week near their highs at 24,050.60 and 77,550.25, respectively.
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Wipro Q4 Results Preview
According to brokerage firm Motilal Oswal, Wipro is likely to report 1% CC growth, driven by a two-month inorganic contribution from the Harman acquisition. Organic growth may decline 0.5% QoQ in 4Q. The firm expects BFSI and healthcare to remain stable, while Consumer and EMR to stay impacted by tariff uncertainty and delayed decisions.
| Company | Expected Growth Rate | Expected Margin |
|---|---|---|
| Wipro | 1% CC | 16.0% (contracting 50bp QoQ) |
The brokerage firm further stated that margins are expected to contract 50bp QoQ to 16.0%, due to Harman DTS dilution, potential wage hikes, and slower growth.
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HDFC Bank Q4 Results Preview
Motilal Oswal expects HDFC Bank to post 3.8% quarter-to-quarter (QoQ) growth in advances, led by corporate, BB, and gold. The firm also expects strong deposit growth of 5.5% QoQ.
| Company | Expected Growth Rate | Expected Margin |
|---|---|---|
| HDFC Bank | 3.8% QoQ (advances) | Flat NIMs |
The firm stated that NIMs are expected to remain flat, with repo repricing offset by CRR cut benefits and TD repricing. Cost ratios and opex are expected to decline QoQ marginally. Absence of seasonal stress is expected to keep credit costs under control at 42bp.
ICICI Bank Q4 Results Preview
Kotak Institutional Equities expects ICICI Bank's NIMs to remain flat, with repo repricing offset by CRR cut benefits and TD repricing. Cost ratios and opex are expected to decline QoQ marginally. Absence of seasonal stress is expected to keep credit costs under control at 42bp.
Q4 Results Schedule
Here is a list of companies that will declare Q4 results 2026 between April 13 and April 18:
| Date | Companies |
|---|---|
| April 13 | Tata Consultancy Services |
| April 14 | Wipro, HDFC Bank |
| April 15 | ICICI Bank, Yes Bank |
| April 16 | ICICI Prudential Life Insurance |
| April 17 | |
| April 18 |
Investor Takeaway
Investors should focus on forward guidance and management commentary on demand visibility and margin sustainability.
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