Q4 Results 2026: L&T, M&M, Swiggy Earnings Week

Why the May 4-9 Q4FY26 earnings week matters

More than 280 companies are scheduled to announce results for the quarter and financial year ended March 31, 2026, in the coming week. The calendar includes large industrials, autos, consumer names, lenders, and several new-age internet companies. For investors, the January to March quarter results are a key checkpoint for demand trends, cost pressures, margins, and cash flows. Several companies have also lined up earnings calls to discuss performance with analysts and investors.

The list includes Larsen and Toubro (L&T), Mahindra and Mahindra (M&M), Titan, Bajaj Auto, and One 97 Communications (Paytm). It also features consumer and services firms such as Swiggy, Meesho, and Urban Company. Alongside earnings, board meetings at this time of year often include discussions around final dividends for the fiscal year.

Big names on the Q4FY26 schedule

The week has prominent companies across sectors, including Bharat Heavy Electricals (BHEL), L&T, M&M, Titan, and Ambuja Cements. The schedule also includes ABB India, Hero MotoCorp, Kalyan Jewellers India, and Urban Company. In the market, these results and management updates can influence near-term sentiment, especially where valuations are sensitive to growth and profitability.

For many companies, the announcement is tied to a board meeting to approve audited results. Dividend recommendations, if any, are typically taken up in the same board meeting.

May 4: Cement, industrials, and energy names start the week

Results on May 4 include Ambuja Cements, BHEL, Petronet LNG, Tata Chemicals, and Tata Technologies, along with several others such as Aarti Industries, Aditya Birla Capital, Exide Industries, Godrej Properties, and KEI Industries. The mix spans manufacturing, commodities, and consumption-linked businesses.

BHEL, in an exchange filing dated April 27, said its board will meet on May 4 to approve audited financial results for Q4 and the year ended March 31, 2026. The board will also consider a recommendation of a final dividend, if any, for FY2025-26.

May 5: L&T and M&M headline a busy day

May 5 includes L&T, M&M, Hero MotoCorp, Coforge, Punjab National Bank, United Breweries, and Poonawalla Fincorp, among others. For investors, L&T and M&M are widely tracked due to their roles as bellwethers for capex, infrastructure execution, and auto demand.

M&M said it will hold a board meeting on May 5 to consider and approve audited standalone and consolidated financial results for Q4 and the year ended March 31, 2026. Its board will also consider and recommend a dividend, if any, on equity shares for the financial year ending March 31, 2026.

L&T, in an exchange filing dated April 21, said its board meeting is scheduled for Tuesday, May 5, to consider and approve audited consolidated and standalone results for the year ended March 31, 2026. The board will also consider a dividend recommendation, if any.

May 6: Bajaj Auto, Paytm, and Meesho in focus

May 6 includes Bajaj Auto, One 97 Communications (Paytm), PB Fintech, Polycab India, Shree Cement, KPIT Technologies, and Meesho, among others. This day blends auto and industrial names with fintech and consumer internet platforms, where commentary on growth and unit economics can be closely watched.

The list also features Godrej Consumer Products, Blue Star, Birlasoft, and Hexaware Technologies.

May 7 and May 8: FMCG, healthcare, and consumer discretionary

May 7 includes Dabur India, Biocon, Lupin, Pidilite Industries, Thermax, and others such as Escorts Kubota and V-Mart Retail.

May 8 includes ABB India, Bank of Baroda, Kalyan Jewellers India, Multi Commodity Exchange of India, Swiggy, Titan, Ujjivan Small Finance Bank, and Urban Company. With Titan and Kalyan Jewellers on the same day, jewellery demand and pricing commentary can draw attention.

Swiggy Q4 results 2026: date, price levels, and broker estimates

Swiggy (NSE: SWIGGY) is expected to announce its Q4 FY26 results for the quarter and full year ended March 31, 2026. The board of directors meeting is expected in May 2026 to approve audited financial statements and consider a recommendation for a final dividend for FY26.

The stock was cited at a current market price of ₹342, with a 52-week high of ₹576 and a 52-week low of ₹289. Brokerages including MOFSL, YES Securities, and JM Financial have published preview estimates, with consensus revenue expectations for Q4 FY26 at ₹4,200-₹4,600 crore. This compares with Swiggy’s Q3 FY26 revenue of ₹3,985 crore, as stated in the estimates.

On profitability, PAT is estimated at ₹(-350) to ₹(-200) crore, with margin expectations of -8% to -4%. The stated drivers include execution on existing orders and seasonal demand pickup.

What investors typically track in Q4 board meetings

Q4 board meetings are typically when companies announce final dividends for the fiscal year, although dividend decisions remain at the board’s discretion. In the filings cited, BHEL, M&M, and L&T each indicated their boards would consider dividends, if any, alongside approval of audited results.

Beyond dividends, investors also watch for management guidance, commentary on order books, cost trends, and capital allocation. Earnings calls scheduled by some companies can provide additional detail on performance drivers and near-term priorities.

Key dates table: major Q4FY26 result announcements

Swiggy snapshot: price and Q4FY26 estimate ranges

Conclusion

The May 4-9 week concentrates a large share of India’s Q4FY26 earnings, spanning industrials, autos, consumer brands, banks, and internet-first companies. With board meetings also considering dividends in several cases, investors will track both reported numbers and any announced distributions. For companies such as L&T, M&M, and BHEL, the key immediate milestone is the scheduled board meeting dates, while Swiggy’s May 2026 results timing remains listed as expected.