Q4 results today: 29 firms report on Apr 24, 2026
IndusInd Bank Ltd
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Earnings focus shifts to April 24 heavyweights
India’s March-quarter earnings season continues on Friday, April 24, with a busy results calendar featuring large caps and a long tail of mid and small caps. Companies scheduled to announce Q4FY26 numbers include Reliance Industries (RIL), Adani Green Energy, Hindustan Zinc, IndusInd Bank, Lodha Developers, and L&T Finance. The list also includes financial services players such as Shriram Finance and Mahindra and Mahindra Financial Services, along with energy and industrial names. For investors, the day’s results matter because they cut across multiple parts of the economy, from hydrocarbons and metals to lending and real estate.
The April 24 results calendar at a glance
The companies expected to release Q4FY26 results on April 24 include 29 names in one published list, while live market trackers referenced around 30 companies. Along with the large names, the calendar features companies from chemicals, refining, paper, and IT services.
A separate live updates list also included Vishnusurya Projects and Infra and Kshitij Polyline among companies expected to report, expanding the count beyond the 29-company list. Either way, the breadth of names means investors are likely to compare trends such as demand conditions, commodity-linked margins, and credit costs.
Reliance Industries: revenue seen rising, profit seen easing
Reliance Industries is projected to post sequential revenue growth of about 6.7%, with revenue estimated at ₹2,82,748 crore. Net profit, however, is expected to decline by around 9% to ₹16,944 crore.
The expected profit decline has been linked to margin pressure in the oil-to-chemicals (O2C) segment and a softer retail business, even as the company is seen benefiting from cost control measures. With RIL’s footprint spanning energy, petrochemicals and consumer-facing businesses, the results are typically treated as a broader read-through on both commodity-linked cycles and domestic consumption.
Hindustan Zinc: strong quarter forecast on margins and prices
Hindustan Zinc is forecast to deliver a strong quarter, with standalone revenue expected to jump 34% year-on-year to ₹12,200 crore. EBITDA is estimated at ₹6,900 crore, which implies an EBITDA margin of around 57%.
Net profit is predicted to climb 48% to ₹4,400 crore, supported by favourable commodity prices and efficient operations. For metals investors, the combination of revenue growth and high margins will be closely watched, especially as commodity-linked companies tend to see sharp swings in profitability based on pricing and costs.
Banking and NBFCs: IndusInd Bank and L&T Finance in focus
IndusInd Bank is expected to report ₹6,386 crore in revenue and net profit of around ₹211 crore. L&T Finance is projected to post ₹3,074 crore in revenue with a net profit target of ₹912.63 crore.
These disclosures are likely to be monitored for what they reveal about credit demand and profitability within banking and financial services. With multiple lenders and NBFCs reporting on the same day, investors often compare performance indicators such as growth momentum and earnings stability, even when companies operate in different sub-segments.
Broader earnings season: real estate, energy, tech and industrials
Lodha Developers is also set to announce results on April 24, adding a real estate lens to the day’s earnings. On the energy side, Adani Green Energy features among the key names scheduled, alongside refining and petrochemicals companies such as Chennai Petroleum Corporation and Mangalore Refinery and Petrochemicals.
The list also includes Tanla Platforms and Zensar Technologies, offering another checkpoint for technology and digital services. For industrial and chemicals-linked themes, companies such as Atul, Supreme Petrochem, Bhansali Engineering Polymers and Vinyl Chemicals (India) are slated to report.
Key facts table: estimates flagged for April 24
The following expectations were cited for select companies scheduled to report Q4FY26 results on April 24.
Full list: companies scheduled to declare Q4 results on April 24
Market impact: what investors will be watching
With a large number of companies reporting on the same day, markets typically react to the combined signal rather than any single headline. RIL’s results can influence sentiment on energy and petrochemical-linked counters due to its scale, while Hindustan Zinc’s numbers can shape expectations around metal prices and cost control.
For lenders, the cluster of results from IndusInd Bank, L&T Finance, Shriram Finance, Can Fin Homes, DCB Bank, and Mahindra and Mahindra Financial Services can provide a quick cross-section of financing conditions across bank and non-bank channels. Investors are also watching earnings for indications of economic strength and industry-specific trends as the reporting season continues.
Analysis: why this day matters in Q4FY26 season
The April 24 calendar stands out because it combines index heavyweights with companies that are more sensitive to sector-specific shifts. Broker expectations point to divergent profit trends, with RIL’s profit seen under pressure despite revenue growth, while Hindustan Zinc is expected to show expansion in both earnings and margins.
That contrast is useful for interpreting what is driving corporate profitability in the quarter: commodity-linked margins and operating efficiency in metals, versus segment-level margin pressure and demand softness in parts of energy and retail. Meanwhile, the banking and NBFC numbers will be watched for how stable earnings appear across different lending models.
Conclusion: results due Friday, with more cues ahead
April 24 brings a dense set of Q4FY26 earnings, led by Reliance Industries, Adani Green Energy, Hindustan Zinc and key financials. The day’s announcements should add clarity on margin trends in O2C, commodity-linked profitability in metals, and revenue and profit momentum in lenders.
With the earnings season ongoing and dozens of companies scheduled to report through the week as per the results calendar, investors will likely use Friday’s print as another checkpoint before the next set of disclosures.
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