Q4 Results LIVE Updates: Reliance Industries, Axis Bank react to earnings; UltraTech reports today
Published on 27/04/2026 08:09 AM
Nomura On Axis Bank:
Buy Call, Target Price At Rs 1,560/Sh
Credit Cost Beat Offsets Weak Core Performance In Q4
Strong Asset Quality Improvement, Loan Growth Driven By Corporate Segment
RoA/RoE Estimated At 1.6-1.7% / 14-15% For FY27-28
Earnings CAGR Of 23% Over FY26-28
Nearly 50 companies are reporting their fourth quarter results today. These include UltraTech Cement, Varun Beverages, AU Small Finance Bank, Bajaj Housing Finance, Adani Total Gas, Coal India, SBI Cards, Piramal Finance, Phoenix Mills, City Union Bank, PSB Bank, Jindal Saw, Tamilnad Mercantile Bank, Prataap Snacks, Canara Robeco AMC, Rallis India, , Nippon Life AMC, Mahindra Holidays, Piccadilly Sugar and Allied Industries, among others.
Reliance Industries is reacting to its earnings today. The company reported strong retail business growth. It said it is advancing steadily towards listing of Jio Platforms. Its revenue increased to Rs 2.94 lakh crore from Rs 2.65 lakh crore in the previous quarter, EBITDA was at 44,141 crore, operating margins at 15$ and profit after tax at Rs 16,971 crore.
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