Q4 results 2026: Around 145 companies are scheduled to release their financial results for the quarter ended on March 31, 2026, amid the ongoing earnings season on Friday, 15 May.
Power Grid Corporation of India, Tata Steel, Steel Authority of India, NHPC, Cochin Shipyard, ITC Hotels, and SJVN are among the marquee companies to declare Q4 results 2026 today.
The Indian stock market saw broad-based buying across most segments, primarily driven by short covering following the recent decline. The Sensex gained 790 points, or 1.06%, to settle at 75,398.72, while the Nifty 50 advanced 277 points, or 1.18%, to close at 23,689.60. Among the broader markets, the Nifty Midcap 150 index climbed 1.18%, whereas the Smallcap 250 index ended the session nearly unchanged.
Tata Steel Q4 results 2026
Brokerage firm Motilal Oswal believes Tata Steel‘s NSR to drive 4Q earnings, offsetting the impact to higher input cost and subdued volumes.
It further added that volume to be subdued (mainly in EU) amid ongoing conflict and Europe earnings to improve mainly over improving ASP.
“Commentary on Europe operations – CABM and import quota cut will be critical, the brokerage firm said.
Meanwhile, brokerage firm Kotak Institutional Equities estimate standalone steel realizations to increase by 7.9% QoQ (+3.5% YoY) on account of price hikes during the quarter.
“We expect standalone volumes to increase by 10.7% yoy (+2.6% qoq) to 6.2 mn tons. India EBITDA/ton to increase by 20% qoq (+22% yoy) to Rs15,256/ton, led by higher realizations, partially offset by higher coal cost,” the firm said.
Power Grid Q4 results preview
Kotak expects Power Grid to post capex of ₹86 billion and asset capitalization of ₹115 billion in 4QFY26. “Tad better PAT growth, reflecting improved asset capitalization in the current and previous quarters,” it said.
Meanwhile, MOFSL revenue is expected to grow 12% YoY /11% QoQ to ₹123 billion in 4QFY26. The brokerage firm further said that EBITDA and PAT to grow by 18%/6% YoY due to a pickup in capex and capitalization as right-of-way constraints and other project-related delays could have a relatively lower impact.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
