More than 700 companies are scheduled to announce their Q3FY26 results on Friday, a development expected to influence individual stock movements and broader market direction.
The third-quarter earnings season is at its peak, with companies across pharma, healthcare, infrastructure, energy, technology and electric mobility set to report their financial performance.
Companies Reporting Results
Key companies announcing results include Ola Electric Mobility, GMR Airports, Siemens Energy India, NBCC (India), Reliance Communications and Torrent Pharmaceuticals. Investors are expected to track earnings, margins and forward growth guidance for sectoral cues.
Management Commentary and Strategy in Focus
Alongside profit and loss figures, management commentary and future strategy will be closely monitored. Investors are expected to assess demand and cost structure trends in the electric vehicle segment in the case of Ola Electric Mobility. Results from Siemens Energy India and GMR Airports are likely to indicate trends in the infrastructure and energy sectors.
ONGC Reports Q3 Earnings
Oil and Natural Gas Corporation reported a 22.6 percent year-on-year increase in consolidated net profit to Rs 11,946 crore for the third quarter. The performance comes amid fluctuations in global crude oil prices.
Revenue from operations remained largely stable at around Rs 1.67 lakh crore. The profit growth reflects improved cost management and operational efficiencies.
ONGC Declares Interim Dividend
The board of ONGC declared a second interim dividend of Rs 6.25 per share. The total dividend payout is estimated at approximately Rs 7,863 crore. The record date has been fixed as February 18, 2026.
Production and Gas Sales Performance
During the first nine months of FY2025-26, crude oil production increased by 0.35 percent, while natural gas production remained nearly stable.
Gas sales from new wells contributed Rs 5,028 crore, which was Rs 944 crore higher compared with APM gas price levels, supporting the company’s revenue mix.
Coal India Reports Q3 Decline
Coal India Limited reported a 16 percent year-on-year decline in consolidated net profit to Rs 7,166 crore for the December quarter, compared with Rs 8,491 crore in the corresponding quarter last year.
Revenue fell 5 percent to Rs 34,924 crore, while total income declined 4.3 percent to Rs 37,315 crore, impacted by lower sales and weaker realisation rates.
Sequential and Annual Performance
Compared with the September quarter, performance showed some improvement; however, on a year-on-year basis, results remained weaker. In the first quarter of FY2026, profit declined 20 percent, and in the second quarter it fell 32 percent.
Market Indicators
As of around 6:50 am, Gift Nifty was trading at 25,719.5, down 131.5 points or 0.51 percent, indicating a weaker opening for domestic markets.
Asian markets also traded lower, with Japan’s Nikkei 225 down about 1.69 percent, South Korea’s Kospi lower by 0.5 percent and Australia’s S&P ASX 200 declining around 1.3 percent.
US markets recorded sharp declines on Thursday, with the S&P 500 closing lower for the third consecutive session as investors assessed economic data and corporate earnings.
Sectoral Focus
In pharma, companies scheduled to report results include Alkem Laboratories, Ipca Laboratories and Eris Lifesciences.
In healthcare, Fortis Healthcare, Narayana Hrudayalaya and Vijaya Diagnostic Centre are set to announce earnings.
In infrastructure and construction, IRB Infrastructure Developers and Inox Wind are among companies whose results are expected to influence market direction.
