Published on 22/04/2026 09:29 PM
Oracle Financial reported a net profit of ₹11,111 crore for the quarter ended March 31, 2026, compared to ₹6,137 crore in the same period last year. For the full year 2026, the company’s net profit stood at ₹57,167 crore, up from ₹50,991 crore in FY 2025.
Oracle Financial to pay ₹270 per share second interim dividend.
L&T Technology Services reported a mixed set of numbers for the March quarter on Wednesday, with revenue and profit missing Street estimates even as margins showed sequential improvement.
Delta Corp reported a weak Q4, with sharp year-on-year (YoY) declines across key metrics. Net profit plunged 90% YoY to ₹16.45 crore, compared with ₹164.5 crore in the same period last year. Revenue fell 11.7% to ₹161.3 crore, while EBITDA dropped 34.8% to ₹27.7 crore. Operating performance deteriorated, with EBITDA margins contracting sharply to 17.2% from 23.3% a year ago, reflecting sustained pressure on profitability.
The L&T Technology Services board recommended a final dividend of ₹40 per share for FY26. The company also announced the appointment of Rajeev Gupta as Chief Financial Officer, effective April 22, 2026, for a term of three years.
Sequentially, L&T Technology Services posted an improvement in Q4, led by higher profitability, despite muted dollar revenue. Net profit rose 9.75% QoQ to ₹332.1 crore, up from ₹302.6 crore. Rupee revenue increased 2.5% to ₹2,857.9 crore, while dollar revenue declined 1.7% QoQ to $306 million, reflecting currency and demand pressures. EBIT climbed 5.5% to ₹434.9 crore, supported by better cost control. EBIT margins improved to 15.2% from 14.8% in the previous quarter, underscoring operational efficiency even as top-line growth remained modest.
L&T Technology Services reported a mixed Q4 performance, with most metrics trailing the Street estimates, though margins surprised positively. Net profit came in at ₹332.1 crore, missing the CNBC‑TV18 poll of ₹359.5 crore. Revenue stood at ₹2,857.9 crore, below the estimated ₹3,011 crore, while dollar revenue was $306 million versus expectations of $328 million. EBIT rose to ₹434.9 crore, broadly in line with estimates, but EBIT margins expanded to 15.2%, beating the 14.6% forecast. Constant-currency revenue declined 1.1% QoQ, against expectations of flat growth, reflecting demand softness.Auto stocks have seen sharp volatility in 2026 so far, correcting 10–30%, even as the March quarter (Q4FY26) earnings are expected to remain resilient. Strong double-digit volume growth and operating leverage are likely to support performance, with some tailwind from rupee depreciation, though rising commodity costs may weigh on margins.Read full story hereTata Communications reported a steep decline in the March quarter profit despite steady revenue growth, with digital and data segments supporting overall performance.The board recommended a final dividend of ₹17.5 per share, even as margins showed improvement.Trent reported its March quarter results in after-market hours on Wednesday, delivering a robust operating performance across key metrics.The board also approved a bonus issue in the ratio of 1:2, adding to positive investor sentiment.
Tata Communication Q4 results
Net Profit down 74.7% At ₹263.25 Cr Vs ₹1,040.5 Cr (YoY)
Revenue up 9.4% At ₹6,554.2 Cr Vs ₹5,990.4 Cr (YoY)
EBITDA up 14.4% At ₹1,283.9 Cr Vs ₹1,122.1 Cr (YoY)
Margin At 19.59% Vs 18.73% (YoY)
Board Recommends Final Dividend Of ₹17.5/Sh
Trent Q4 results:
Net Profit up 32.5% At ₹413 Cr Vs ₹311.6 Cr (YoY)
Revenue up 19.2% At ₹5,028 Cr Vs ₹4,216.9 Cr (YoY)
EBITDA up 42.3% At ₹927.8 Cr Vs ₹652 Cr (YoY)
Margin At 18.50% Vs 15.50% (YoY)
Trent Q4 results:
Net Profit At ₹413 Cr Vs CNBC-TV18 Poll Of ₹375 Cr
Revenue At ₹5,028 Cr Vs CNBC-TV18 Poll Of ₹5,060 Cr
EBITDA At ₹927.8 Cr Vs CNBC-TV18 Poll Of ₹848 Cr
Margin At 18.5% Vs CNBC-TV18 Poll Of 16.8%
Board Approves Bonus Issue In The Ratio Of 1:2
Board Approves Fund Raise Of Up To ₹2,500 Cr Via Rights Issue
SBI Life Insurance Q4 results:
New Biz Premium up 20.4% At ₹11,220 Cr Vs ₹9,320 Cr (YoY)
Total APE up 5.5% At ₹5,750 Cr Vs ₹5,450 Cr (YoY)
VNB down 1.8% At ₹1,630 Cr Vs ₹1,660 Cr (YoY)
VNB Margin At 28.4% Vs 30.50% (YoY)
SBI Life Insurance Q4 results:
New Biz Premium At ₹11,220 Cr Vs CNBC-TV18 Poll Of ₹10,680 Cr
Total APE At ₹5,750 Cr Vs CNBC-TV18 Poll Of ₹5,896 Cr
VNB At ₹1,630 Cr Vs CNBC-TV18 Poll Of ₹1,669 Cr
VNB Margin At 28.4% Vs CNBC-TV18 Poll Of 28.41%
Kajaria Ceramics said its board will meet on April 30 to consider a proposal for its first-ever share buyback, alongside approval of FY26 results and a potential dividend. The move comes amid rising capital return activity across companies.
Shares of Kajaria Ceramics were trading at ₹1,210.80, up 1.40% on the NSE in afternoon trade. here
Havells India said a delayed summer and unseasonal showers impacted revenue in its electrical consumer durables (ECD) segment, while Lloyd revenues moderated on a high base.
Margins remained stable across segments, except Lloyd, which saw pressure due to lower revenues.
Havells India’s cables business revenue rose 14% YoY, with EBIT jumping 36% and margins expanding to 14.2% from 11.9%, indicating strong operating leverage and improved profitability in the segment.
Board update
Varun Berry, former MD & CEO of Britannia Industries, has been appointed as an independent director
Havells India reported a strong Q4FY26 performance, with net profit rising 40.6% year-on-year to ₹734 crore, sharply beating the CNBC-TV18 poll estimate of ₹495 crore. Revenue grew 2.4% to ₹6,687 crore but came in below expectations of ₹6,971 crore.
EBITDA stood at ₹727 crore, marginally above estimates, while margins improved to 10.9% versus the expected 9.9%. However, on a year-on-year basis, margins narrowed from 11.7%, reflecting some pressure on operating performance despite the profit beat.
Tech Mahindra says, ‘On track to deliver our FY27 commitments’
New deal wins TCV $1,073 m, up 34.5% year-on-year and down 2.1% sequentially
#4QWithCNBCTV18 | #TechMah reports its Q4 results;
Net Profit At ₹1,353.8 Cr Vs CNBC-TV18 Poll Of ₹1,504 Cr pic.twitter.com/9RwYsnJ7Kt
— CNBC-TV18 (@CNBCTV18Live) April 22, 2026
Have seen healthy volume and revenue growth
Margin impacted by an increase in cost of wire rods
Have passed on higher costs to consumers effective April 1, 2026
Margin should improve in Q1FY27
Looking at volume growth in the range of 18-20% in FY27
Pressure on pricing due to increased competition is not new
Bansal Wire Is Putting Pressure On Bead Wire Prices
Margin should rebound to 14% in Q1 from current level of 9% in Q4
Competition isn’t new, we’re used to competing in both India and Thailand
Increased capacity helped us maintain profitability
Demand continues to remain strong
Exports in FY27 to be higher than FY26
Shares of Central Mine Planning and Design Institute Ltd. fell more than 4.5% on Wednesday, April 22, after the company reported a mixed set of March quarter results on Tuesday, with revenue growth being offset by a sharp decline in margins and profitability.
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UW, TP cut to ₹4200 from ₹5350
4Q was a miss vs. MSe, although margins beat consensus.
Management kept recovery hopes alive for F27 but moderated growth expectations.
Co missed on revenue in 4QF26, reporting CC growth of 0.9% qoq (vs. +1.5% est.) due to weakness in Healthcare
EBIT missed MSe by 3.4% but beat consensus by 4%. Net income was a beat vs consensus and our estimates, driven by a lower tax rate.
Now expect 6.9% revenue growth in cc terms for F27, vs 10.4% previously.
HSBC On Nestle
Hold Call, Target Price At ₹1,410/Share
Revenue Grew 23%, Beating Estimates By 9%
3 Of 4 Segments Saw Double-digit Growth
Cost Control Drove 18% EBITDA Beat Despite Higher Ad Spend
EPS Upgraded By 4–5%, Valuation Remains Rich
Nomura On Nestle
Buy Call, Target Price At ₹1,500/Share
Strong Q4FY26 Performance
Volume and Mix Grew 20%, While Sales Rose 22.6%
OPM Expanded To 26.3% Despite Higher Ad Spend
Operating Profit Grew 28% YoY
JPMorgan
Neutral Call, Target Cut To ₹1,370 from ₹1,419/share
Q4 Missed On Revenue, Margin & EPS
Telco weakness & SAP cancellations may persist into FY27
Lowering growth guidance to 1-4%
Citi
Neutral Call, Target cut to ₹1,385/share
FY27-28 EPS estimates cut by 1-2%
Co is relatively better placed over the medium term
CLSA
Outperform call, target cut to ₹6,520/share
Steady Performance
HSBC
Hold call, target at ₹5,755/share
Strong growth, but FY27 outlook is slightly soft
Valuation remains high
JPMorgan
Overweight call, target at ₹5,900/share
Q4 was mixed with revenue beat & margin miss
Seen as fastest-growing company over next three years
Nomura
Neutral call, target at ₹5,200/share
Modest Miss In Q4FY26
EPS estimates cut by 2-4%
Nestle India shares are up 10% in the last two sessions, while those of its peers, HUL, GCPL, Dabur are up between 3% to 6% during the same period. FMCG stocks are offsetting some of the losses today made by the IT stocks.
HCLTech shares are now down 11%. This is the biggest single-day loss for the stock since October 1, 2015, when the stock had declined 13%.
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