Multiple Indian Companies to Report Q4 2026 Earnings Today, Including Infosys and Tata Capital

Q4 Results 2026: Key Companies to Watch on Thursday, 23 April

As the earnings season continues, around 29 companies are scheduled to report their financial results for the quarter ended March 31, 2026, on Thursday, 23 April. This includes several marquee companies such as Infosys, Tata Capital, Adani Energy Solutions, Union Bank of India, and Aditya Birla Sun Life AMC.

The ongoing Q4 earnings season is shaping domestic market direction, driving stock-specific movements and influencing sectoral trends. Meanwhile, global equities are trading with a mixed to cautious bias, reflecting the broader risk-off environment.

On Wednesday, the Indian stock market witnessed a sharp downturn, snapping its three-day rally. The Sensex fell 756.84 points, or 0.95%, to close at 78,516.49, while the Nifty 50 declined 198.50 points, or 0.81%, to settle at 24,378.10.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Q4 Results Preview: Key Companies

Infosys

Brokerage firm Kotak Institutional Equities forecasted Infosys' revenue to decline 1% quarter-to-quarter (QoQ) primarily due to lower billing days and seasonal weakness. The firm expects stable revenues from the sale of third-party items and stable margins due to the benefits of rupee depreciation being offset by higher visa costs. A sharp decline in other income after the completion of buyback is expected to result in moderate net profit growth. The firm also anticipates a large deal TCV of US$2.5-2.75 bn, stable on year-over-year (yoy) comparison. Infosys is expected to guide for 3-5% growth in revenues, including the Versent acquisition and 2.25-4.25% on an organic basis. Investor focus will remain on the impact of Iran war and GenAI deflation on growth prospects, change in decision-making pace of clients due to rapid improvement in agentic capabilities, willingness to take up large transformation programs that are margin dilutive initially, percentage of programs that have moved from Proof of Concept (PoC) to production, and incremental benefits that can accrue from Project Maximus.

Tata Capital

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

Tata Capital is expected to deliver 5% QoQ AUM growth in 4QFY26 (3-7% in the previous four quarters), according to Kotak. The firm also anticipates spreads will decline 6 bps, driven by moderation in yields. The cost-to-AAUM ratio is expected to remain elevated at 2.5%, due to investments in distribution (2.3-2.5% in the previous four quarters). Credit costs are expected to be 1% (1.3-1.6% in the previous four quarters).

Companies Declaring Q4 Results for 2026 on Thursday, 23 April

Note: The list of companies is not exhaustive and is subject to change.