Q4 results today: 30 firms report on April 23, 2026

Earnings calendar: a packed April 23 session

India Inc’s March-quarter reporting cycle accelerates on Thursday, April 23, with as many as 30 companies scheduled to declare Q4FY26 results. The list spans IT services, banking, NBFCs, power transmission, asset management, logistics, and smaller industrial names. Market attention is likely to remain on large and widely held counters such as Infosys, Union Bank of India, Adani Energy Solutions, Tata Capital, and UTI Asset Management Company. Investors typically track not only headline numbers but also management commentary on demand, margins, asset quality, and capital allocation. A dividend declaration could be expected from some companies, alongside earnings calls to discuss quarterly performance.

Key companies reporting results on April 23

The companies slated to report include Infosys, Adani Energy Solutions, Tata Capital, Union Bank of India, Aditya Birla Sun Life AMC, LTM, Indian Energy Exchange, Mahindra Logistics, UTI Asset Management Company, Cyient, and Tips Music. Other names on the day’s schedule include BlueStone Jewellery and Lifestyle, Hindustan Composites, Himadri Speciality Chemical, Sterling and Wilson Renewable Energy, Tata Teleservices (Maharashtra), CIE Automotive India, Choice International, Aurum PropTech, and others. With a broad sector mix, the set of releases can influence sentiment across IT services, financials, and energy-linked stocks. Several companies are also expected to host post-results calls, adding to the information flow.

Infosys Q4FY26: what brokerages are pencilling in

Infosys is set to announce its January to March quarter (Q4 FY26) results on Thursday, April 23, 2026. Brokerages tracked by Business Standard estimate average net profit at ₹7,508.6 crore, up 4% year-on-year from ₹7,218 crore in the year-ago quarter. On a sequential basis, profit after tax (PAT) is expected to decline 1.5% from ₹7,625 crore reported in Q3 FY26, according to the same preview set. Revenue for the quarter is projected to rise 13.7% year-on-year to ₹46,567 crore, compared with ₹40,925 crore a year ago. On a quarter-on-quarter basis, revenue is likely to grow 2% from ₹45,479 crore in the previous quarter.

Alternate street estimates: range-bound expectations

Other brokerage previews cited on the day also pointed to modest growth, but with variations in the exact estimates. One set of expectations put Infosys Q4 revenue at ₹46,135 crore versus ₹45,479 crore in Q3FY26, and EBIT at ₹9,793 crore versus ₹9,644 crore. The same preview expected profit after tax at ₹7,496 crore versus ₹7,374 crore, and an EBIT margin around 21%. Another estimate referenced revenue rising 14.2% to ₹46,738.9 crore in Q4, and net profit rising 10.8% to ₹7,790.6 crore for the March 2026 quarter. Separately, Nuvama was cited as expecting Q4 revenue of ₹46,300 crore and net profit around ₹7,541 crore.

Infosys: board meeting, result time, and earnings call

In an exchange filing dated March 15, Infosys said its Board of Directors meeting is scheduled on April 22-23 to consider and approve audited standalone and consolidated results for the quarter and year ended March 31. The Board is also expected to consider and recommend a final dividend, if any, for FY26. The results for Q4FY26 were indicated to be declared around 3:45 p.m. IST on Thursday, April 23. The company also scheduled a 60-minute conference call with investors and analysts at 5:30 p.m. IST on April 23.

Recap: Infosys Q3FY26 and what it implies for the base

Infosys reported an 8.9% year-on-year rise in consolidated revenue to ₹45,479 crore in Q3FY26 from ₹41,764 crore in Q3FY25. Net profit (after non-controlling interests) fell 2.2% year-on-year to ₹6,654 crore in Q3FY26 from ₹6,806 crore in Q3FY25. These Q3 figures set the immediate baseline for sequential comparisons into Q4. The day’s previews also flagged that guidance, deal pipeline strength, and AI strategy were among the topics in focus, alongside seasonal factors affecting sequential revenue.

Union Bank of India: March-quarter numbers and stock reaction

Union Bank of India reported a mixed March-quarter performance, with net profit rising 6.6% year-on-year to ₹5,316 crore. Net interest income declined 1.1% to ₹9,406 crore, while provisions rose sharply to ₹1,055 crore from ₹322 crore in the previous quarter. Asset quality improved, with gross NPA easing to 2.82% from 3.06% quarter-on-quarter and 3.60% a year ago, while net NPA declined to 0.48%. Global advances grew nearly 10% year-on-year to ₹1,078,000 crore, and deposits rose 2.7% to ₹1,306,000 crore. The bank recommended a dividend of ₹5 per share for FY26. Despite the results, the stock fell as much as 7.2% to ₹180 before trimming losses to trade around 5.5% lower intraday.

Other notable Q4 previews: LTIMindtree and Cyient

For LTIMindtree, a Q4 preview (consolidated, QoQ) pegged revenue at ₹11,197 crore versus ₹10,781 crore. EBIT was seen at ₹1,719 crore versus ₹1,737 crore, with margin at 15.45% versus 16.11%, and profit at ₹1,392 crore versus ₹971 crore. For Cyient (consolidated, QoQ), revenue was seen at ₹1,748 crore versus ₹1,848 crore, EBIT at ₹212 crore versus ₹175 crore, margin at 11.1% versus 9.04%, and profit at ₹165 crore versus ₹92 crore. These estimates add context for how mid-to-large IT services names may be tracking in the same reporting window.

Quick recap: Q3FY26 snapshots for Adani Energy Solutions and Union Bank

Adani Energy Solutions reported a 15.73% year-on-year rise in consolidated total income to ₹6,944.44 crore in Q3FY26 from ₹6,000.39 crore in Q3FY25. Net profit declined 8.2% year-on-year to ₹574.06 crore in Q3FY26 from ₹625.30 crore in Q3FY25. Union Bank of India reported a 2.13% year-on-year rise in consolidated total income to ₹32,001.92 crore in Q3FY26 from ₹31,334.80 crore in Q3FY25, while net profit grew 9.7% to ₹5,072.69 crore. These numbers provide a backdrop ahead of the Q4 print cycle for energy and banking stocks.

Key facts table: timings, estimates, and reported metrics

Why April 23 matters for markets

With multiple sectors reporting on the same day, investors often compare commentary and near-term signals rather than viewing each result in isolation. For IT services, Infosys’ Q4 numbers and management discussion are closely watched for visibility on demand and margins, and for any dividend recommendation under its board agenda. For banking, Union Bank’s results highlight the push and pull between profitability and provisioning, while the asset-quality metrics and business growth figures give additional context. The day’s releases from asset managers, energy-linked companies, and other midcaps can also shape broader sentiment, especially if dividend announcements or sharp stock reactions follow.

Conclusion

April 23 brings a dense set of Q4FY26 earnings, led by Infosys, Union Bank of India, Adani Energy Solutions, Tata Capital, and UTI AMC among a 30-company list. The key near-term milestones include Infosys’ scheduled result time and post-results call, alongside investors tracking dividend decisions and management commentary across sectors. As more companies report through the day, earnings calls and disclosures are likely to clarify how FY26 ended and what management teams are signalling for the next financial year.