Friday, July 18th, is set to be a busy day in the market as a total of 37 companies are scheduled to release their April-June quarter (Q1FY26) results today. The most attention is focused on Reliance Industries Limited, the country's largest listed company. In addition to Reliance, major companies such as JSW Steel, Hindustan Zinc, Bandhan Bank, L&T Finance, and Indian Overseas Bank are also due to report their financial results.
The results released today could influence the direction of the stock market, particularly as the market has recently experienced a period of volatility.
Market Awaits Reliance's Results
Reliance Industries Limited (RIL) remains the most talked-about company, as it usually is. Analysts anticipate a b performance from the company this quarter, particularly driven by its retail, telecom, and Oil-to-Chemicals (O2C) businesses.
A Bloomberg poll of 18 analysts estimates that Reliance's consolidated revenue could reach ₹2.42 lakh crore this quarter, representing a year-on-year growth of 4.48 percent.
Furthermore, 7 analysts predict the company's net profit to be around ₹20,059 crore, which is approximately 32 percent higher compared to the previous year.
What to Expect from JSW Steel and Hindustan Zinc?
Investors are also closely watching the results of JSW Steel, a major player in the steel and metal sector. The company could benefit from both domestic and export demand. However, fluctuations in coal and input costs could impact margins.
Regarding Hindustan Zinc, its results will primarily be influenced by zinc and lead prices. The company reported stable revenue in the previous quarter, but this time, lower international metal prices could put pressure on margins.
Results from Banking and Finance Companies Too
Financial institutions such as Bandhan Bank, Indian Overseas Bank, and L&T Finance are also scheduled to release their results today.
For Bandhan Bank, credit growth and NPA levels will be two key triggers. The bank has significantly controlled its bad loans in the past few quarters.
As for Indian Overseas Bank, the impact of government support and investments in digital banking is expected to be visible.
L&T Finance, a leading NBFC, will likely focus on growth and interest margins in this quarterly report.
IT, Chemical, and Health Sector Companies Also in Focus
IT company Mastek Limited, B2B platform IndiaMART InterMESH, chemical company Atul Limited, and pharma segment's Aarti Drugs are also among the companies reporting their results today.
IndiaMART's business has shown strength recently, but margin pressure remains.
Mastek may face the impact of changes in project delivery timelines from clients in the US and Europe.
For Aarti Drugs, performance in drug sales and the API segment will be crucial for investors.
Petrochemical and Oil Companies' Results
The results of companies like Mangalore Refinery and Petrochemicals Limited (MRPL) and Shiva Cement Limited are also considered important.
For MRPL, the fall in crude oil prices has likely impacted the Gross Refining Margin (GRM). However, improvement in domestic demand may support the company's revenue growth.
Full List of Companies Releasing Results Today
- Reliance Industries Limited
- JSW Steel Limited
- Hindustan Zinc Limited
- Bandhan Bank Limited
- L&T Finance Limited
- Indian Overseas Bank
- IndiaMART InterMESH Limited
- Mastek Limited
- Aarti Drugs Limited
- Mangalore Refinery and Petrochemicals Limited
- Atul Limited
- Hatsun Agro Product Limited
- Alkali Metals Limited
- ASI Industries Ltd
- Deccan Bearings Limited
- Garuda Construction & Engineering Limited
- Indo Count Industries Limited
- Indbank Merchant Banking Services Ltd
- IL&FS Investment Managers Limited
- Jayaswal Neco Industries Limited
- Kerala Ayurveda Limited
- Khadim India Ltd
- Madhusudan Industries Limited
- Mahindra EPC Irrigation Limited
- MPS Limited
- Mudra Financial Services Limited
- Neel Industries Limited
- Ponni Sugars (Erode) Limited
- Roselabs Finance Limited
- Sampre Nutrition Limited
- Samsruta Labs Limited
- Shiva Cement Limited
- TPI India Limited
- Unipro Technologies Limited
- Indosolar Limited
- Yaari Digital Integrated Services Ltd
- Arcee Industries Limited