A host of major Indian companies are in focus today, May 22, as investors react to fresh earnings reports and await key results. Companies across diverse sectors—from aviation and infrastructure to pharma and FMCG—are expected to guide market sentiment.
Companies declaring results today
As per exchange disclosures, over 50 companies are scheduled to announce their Q4 FY24-25 financial results today. Key names include ITC, Sun Pharmaceutical Industries, Grasim Industries, GMR Airports, Container Corporation of India, Metro Brands, The Ramco Cements, Emcure Pharmaceuticals, Gujarat State Petronet, and Clean Science & Technology. Other prominent firms set to declare earnings are HFCL, Power Mech Projects, Honasa Consumer, MTAR Technologies, Indoco Remedies, Windlas Biotech, Barbeque Nation Hospitality, and Valiant Organics.
Major earnings announced
Among the companies that reported results, IndiGo posted a standout performance with its Q4 net profit rising 62% YoY to ₹3,067.5 crore. Revenue jumped 24% YoY to ₹22,152 crore.
Nalco’s net profit more than doubled to ₹2,067.23 crore in Q4, driven by a 47% rise in revenue from operations. Meanwhile, IndusInd Bank shocked the street with a net loss of ₹2,328 crore, impacted by earlier disclosed accounting issues and stress in its microfinance segment.
Oil India saw its net profit dip 22% YoY to ₹1,591.5 crore, while RVNL posted a 4% YoY decline in net profit to ₹459 crore. Mankind Pharma reported a 10.7% drop in profit, despite a strong 27.1% rise in revenue led by chronic therapy and consumer healthcare.
Among FMCG players, Colgate-Palmolive missed estimates with a 6.5% YoY drop in profit to ₹355 crore. Engineering firm HG Infra saw both profit and revenue contract sharply, while Gulf Oil Lubricants delivered a 6.7% growth in net profit.
Astral posted a 4% rise in standalone profit, IRCON International reported a 15% fall in profit, and TeamLease posted a strong 35% YoY profit jump. VA Tech Wabag saw profit grow 37.4% YoY, and GMM Pfaudler swung to a net loss due to one-time closure costs.
Other corporate updates
Hindustan Zinc received a letter of intent from the Andhra Pradesh government for a composite licence for tungsten mining. NBCC secured a ₹161.55 crore interior work order for the World Trade Centre project in Delhi.
Investors will closely monitor these developments as quarterly earnings continue to shape market movements.
Disclaimer: This article is for informational purposes only. It is not intended as investment advice. Please consult a qualified financial advisor before making investment decisions.
