Q4 results 2026: Amid the ongoing earnings season, more than 400 companies are scheduled to release their financial results for the quarter ended on March 31, 2026 on Thursday, 28 May.
Ashok Leyland, Bharat Dynamics, Alkem Laboratories, Procter and Gamble Hygiene and Health Care, JSW Holdings, Happiest Minds Technologies are among the companies to declare Q4 results 2026 today.
The earnings season is now nearing to end. The Indian stock market will remain closed for trading on Thursday on account of Bakrid. On Wednesday, the Sensex ended 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 edged down 7 points, or 0.03%, to close at 23,907.15. Meanwhile, broader markets outperformed the benchmark indices, with the BSE 150 Midcap index rising 0.83% and the BSE 250 Smallcap index gaining 0.49%.
Ashok Leyland Q4 results preview
Brokerage firm Motilal Oswal expects Ashok Leyland’s profit after tax (PAT) likely to grow 9% year-on-year (YoY) in the March quarter. It further said that input cost pressures are likely to compress margins by 50bp YoY to 14.5% and poor mix would lead to lower ASP growth.
“Volumes grew 17% in 4Q, with LCV growing 25% and MHCV rising by a lower 17% due to lower bus volumes,” the firm said.
The firm further factor in over 12% rise in EBITDA and 14.5% surge in the EBITDA margin.
Bharat Dynamics Q4 results preview
MOFSL expects Bharat Dynamics’ revenue to dip 2% YoY, mainly due to its dependence on various other vendors and imports from Israel. Execution is likely to be led for key projects such as the Akash, Astra Mk-1, and anti-tank guided missile orders.
“We expect margins to expand by 700bp YoY on ramp-up in execution and operating leverage. We cut our revenue and margin estimates due to ongoing supply chain issues and lower TP to INR1,500,” the brokerage firm said.
According to the firm, key monitorables include inflows for Akash-NG (including exports), QRSAM, supply chain management, and conversion of recently announced AoNs into firm orders.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
