Q4 Results 2026: Several Companies, Including HCL Tech, Nestle India, and Tata Elxsi, to Release Earnings Today
Earnings Season Heats Up: 15 Companies to Announce Q4 Results Today
The earnings season is in full swing, with about 15 companies set to announce their financial results for the quarter ended March 31, 2026, on Tuesday. The list of marquee companies declaring their Q4 earnings FY26 today includes HCL Tech, Nestle India, Persistent Systems, Tata Elxsi, Tata Investment Corporation, and 360 ONE WAM.
The Indian stock market closed with slight gains on Monday, despite higher crude oil prices and lingering uncertainty over the US–Iran conflict weighing on investor sentiment. The BSE Sensex rose by 26.76 points, or 0.03%, to finish at 78,520.30, while the Nifty 50 advanced 11.30 points, or 0.05%, to close at 24,364.85.
HCL Tech Q4 Results Preview
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Brokerage firm Kotak Institutional Equities expects HCL Technologies' revenue to fall 1.7% sequentially, while posting 4.4% year-on-year growth. The expansion is likely to be driven by the IT services segment (+1.1%), partly offset by a seasonal drop in product revenues. The firm estimates a reported EBIT margin of 17.7% and an underlying margin of 18.5%, with margins impacted by an 80 bps restructuring charge. Gains from rupee depreciation are expected to be balanced out by wage revision-related pressures of around 50 bps.
| Brokerage Firm | HCL Tech Revenue Growth | Services Segment Growth |
|---|---|---|
| Kotak Institutional Equities | 4.4% YoY | 4–6% range, implying a CQGR of 0.6–1.4% |
The key focus for HCL Tech will be on FY2027 revenue guidance. Support for the company is expected to come from ramp-up in a mega deal and increased exposure to lower AI-impacted IMS revenues.
Nestle India Q4 Results Preview
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Brokerage firm Motilal Oswal expects Nestle India to post 17% YoY growth in consolidated revenue. Domestic business is expected to grow 12%, led by volume. The growth is supported by the normalization of trade post-GST implementation, according to the firm.
| Brokerage Firm | Nestle India Revenue Growth | Domestic Business Growth |
|---|---|---|
| Motilal Oswal | 17% YoY | 12% YoY |
The firm expects GP margin contraction of 30bp YoY to 55.9% and an 80bp YoY contraction in EBITDA margin to 24.8%.
Tata Elxsi Q4 Results Preview
The brokerage firm expects revenue to grow 2% quarter-to-quarter (QoQ) CC in 3Q, led by recovery in HLS and Media & Communications.
| Brokerage Firm | Tata Elxsi Revenue Growth |
|---|---|
| (No specific growth estimate available) |
The firm anticipates margins to contract by 50bp QoQ, as the remaining wage hike impact (65–70bps) flows through in 4Q.
Investor Takeaway
Monitor stock-specific action and management commentary from key companies announcing Q4 earnings.
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