Q4 results April 23, 2026: Infosys leads 30 firms

Earnings calendar: a busy day for Q4FY26 updates

India’s March-quarter earnings season stays in focus on Thursday, April 23, with a large set of companies scheduled to report Q4FY26 results. The list includes Infosys, Adani Energy Solutions, Tata Capital, Union Bank of India, Aditya Birla Sun Life AMC, and LTM. Several mid and small-cap names are also due to report on the same day, adding to the volume of corporate updates for investors. The schedule matters because April-end results often influence near-term market positioning and sector comparisons. For IT, the Infosys print is closely tracked as it comes amid peers also reporting in the same week. Beyond headline earnings, investors typically watch guidance commentary and margin cues where available.

Key companies set to announce results on April 23

The April 23 slate covers a mix of IT services, financials, energy, capital markets, logistics, and industrial names. Infosys is the most tracked announcement on the day, given its size and its role as a sentiment barometer for the IT sector. Financial names on the list include Tata Capital, Union Bank of India, and UTI Asset Management Company. Market-linked businesses such as Aditya Birla Sun Life AMC and Indian Energy Exchange are also scheduled to report. Logistics and industrial names include Mahindra Logistics and CIE Automotive India. Renewable and power-related companies such as Adani Energy Solutions and Sterling and Wilson Renewable Energy are part of the same day’s line-up.

Infosys Q4FY26: result date and timing to watch

Infosys is set to announce its January to March quarter (Q4 FY26) results on Thursday, April 23, 2026. The company has indicated that it will release its fourth-quarter and full-year FY26 financial results at around 3:45 PM Indian time. The timing is relevant for traders because the stock can react quickly once numbers and commentary hit the tape. Investors also monitor management commentary for any change or confirmation of outlook after the Q4 FY25 announcement, when Infosys had given guidance for FY26. With multiple IT companies reporting around the same period, Infosys numbers are often compared with peers such as TCS, Wipro and HCLTech.

Brokerages’ estimates: profit seen higher YoY, slightly lower QoQ

Brokerages tracked by Business Standard estimate Infosys’ net profit at an average of ₹7,508.6 crore for Q4 FY26. This estimate implies a 4% year-on-year increase from ₹7,218 crore in the same quarter last year. On a sequential basis, profit after tax (PAT) is expected to fall 1.5% from ₹7,625 crore reported in Q3 FY26. Such a mixed trend can keep attention on margins, deal conversions, and any one-off costs that management may highlight. The profit estimate set also provides a reference point for what the market may already be pricing in. Any meaningful deviation from these averages can shift near-term sentiment quickly.

Revenue expectations: double-digit YoY growth on the base

Revenue for the quarter is projected to rise around 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 expected to grow about 2% from ₹45,479 crore in Q3 FY26. These estimates frame the near-term narrative around growth momentum and execution. Investors typically read the revenue line alongside commentary on demand trends, client spending behaviour and deal ramp-ups. While the article data focuses on projected numbers, the actual print and management’s tone can influence how the market interprets the growth.

Motilal Oswal’s view: constant currency dip and FY27 band

According to Motilal Oswal, Infosys is likely to report a 0.7% quarter-to-quarter constant currency (CC) decline in 4Q, near the top end of the guidance. The brokerage also anticipates operating margin to remain flat despite performance bonus payouts and visa cost impact. It added that cost initiatives and improving RPE could help offset some of the pressure. Motilal Oswal also said it expects the company to provide an initial FY27 revenue growth guidance band of 1.5% to 4.5% year-on-year in constant currency terms. Guidance ranges are closely watched because they can reset expectations for the next financial year.

Full list: companies releasing Q4 results on April 23

The following companies are scheduled to announce Q4 results on April 23:

1. Aditya Birla Sun Life AMC Ltd
2. Adani Energy Solutions Ltd
3. Aurum PropTech Ltd
4. BlueStone Jewellery and Lifestyle Ltd
5. Choice International Ltd
6. CIE Automotive India Ltd
7. Cyient Ltd
8. Gujarat Hotels Ltd
9. Hindustan Composites Ltd
10. Himadri Speciality Chemical Ltd
11. Indian Energy Exchange Ltd
12. Infosys Ltd
13. Jonjua Overseas Ltd
14. Khaitan Chemicals & Fertilizers Ltd
15. LTM Ltd
16. Mahindra Logistics Ltd
17. Morarka Finance Ltd
18. Onix Solar Energy Ltd
19. PAE Ltd
20. PH Capital Ltd
21. Rajesh Power Services Ltd
22. Sumeru Industries Ltd
23. Sterling and Wilson Renewable Energy Ltd
24. Tata Capital Ltd
25. Techindia Nirman Ltd
26. Tips Music Ltd
27. Toyam Sports Ltd
28. Tata Teleservices (Maharashtra) Ltd
29. Union Bank of India
30. UTI Asset Management Company Ltd

Q4 results this week: day-wise schedule highlights

Earnings are spread through the week, with several widely tracked names on adjacent days. April 22 includes companies such as SBI Life Insurance Company, Tech Mahindra, Trent, Oracle Financial Services Software, Havells India and LT Technology Services. April 24 includes Reliance Industries, Adani Green Energy, Shriram Finance, IndusInd Bank, L&T Finance and others. April 25 includes IDFC First Bank and Axis Bank, among others listed in the schedule. April 26 features Avantel. This clustering can drive sector-level comparisons as similar businesses report within a short window.

Key numbers at a glance

Market impact: why April 23 prints can move sentiment

The April 23 results list matters because it spans sectors where investors often re-rate stocks based on quarterly execution and outlook. For Infosys, the market focus typically extends beyond headline revenue and profit to constant currency trends and management guidance. For financials such as Union Bank of India and Tata Capital, investors usually watch profitability and business momentum, although the provided schedule does not specify expected figures. Market-linked businesses, including asset managers and exchanges, are often assessed for volume trends and broader risk appetite. With multiple companies reporting on the same day, stock-specific reactions can be sharper as investors compare outcomes across the set.

Conclusion: what investors will track next

April 23 is set to be one of the heavier days in the Q4FY26 results calendar, led by Infosys and a broad set of companies across sectors. For Infosys, brokerages are pencilling in Q4 net profit of ₹7,508.6 crore and revenue of ₹46,567 crore, while attention remains on constant currency trends and FY27 guidance. The day’s announcements will also add more data points for investors tracking sector performance into the end of April. The results calendar continues immediately after, with several major names including Reliance Industries scheduled later in the week.