The Indian earnings calendar is busy today as about 30 companies will release their Q3 FY26 results.
Earnings season overview
Analysts are watching the quarter for signs of growth after the GST cuts and for any impact from global tensions.
Reliance Industries outlook
Reliance is expected to grow its total revenue about 8% year‑on‑year, with profit after tax up roughly 7%.
Key points:
- EBITDA: projected +9% YoY
- Refining margin boost: operating cash (O2C) EBITDA may rise ~15% YoY and 10% quarter‑on‑quarter
- Digital segment: EBITDA likely +16.5% YoY, with modest quarterly growth of about 2.7%
Wipro earnings preview
Wipro is forecast to post a small revenue rise of about 2% from the previous quarter, helped by stable European sales and the early impact of the Harman deal.
Analysts also expect EBIT margins to improve by 28 basis points quarter‑on‑quarter thanks to cost control and integration of acquisitions.
Things to watch:
- Deal pipeline and total contract value (TCV)
- Performance of the European business
- Ramp‑up of the Phoenix project
- Progress of the Harman acquisition
Other major companies reporting today
In addition to Reliance and Wipro, the following firms will announce their Q3 results:
- Tata Technologies
- Tech Mahindra
- L&T Finance
- Poonawalla Fincorp
- JSW Infrastructure
Remember, this is for educational purposes only. Do your own research and consult a financial advisor before making any investment decisions.