Flash Finance

Q4 FY26 quarterly results (January-March 2026)

5,115 companies have declared Q4 FY26 results so far, the latest on 12 Oct 2026.

Across the 4,645 non-financial companies with a year-ago quarter to compare, sales grew +12.4% and net profit +34.1% year on year, and the combined operating margin widened 10 bps to 14.3%.

For the 120 banks and lenders, net interest income grew +9.1% and net profit +11.1%.

55% of companies grew net profit; 472 turned a loss into a profit; 38% beat their own profit trend and 48% fell short of it.

Updated 13 Oct 2026, 14:24 IST 5115 declared
The next results season has started: 38 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q4 FY26 scoreboard

Sales growth
+12.4%
YoY, 4645 companies combined; median +11.7%
Net profit growth
+34.1%
YoY combined; median +16.1%
Operating margin
14.3%
+10 bps YoY
Grew profit
55%
472 turnarounds, 495 into loss
Vs own profit trend
38% / 48%
above / below, 14% in line
Banks: NII growth
+9.1%
120 lenders; profit +11.1%
Price since results
-4.8%
median; 37% of 35 stocks up
Other-income heavy
1375
25%+ of pre-tax profit from other income & one-offs

Latest Q4 FY26 results 5115

Page 9 of 171

Berger Paints (I) Limited

BERGEPAINT · Paints · Q4 FY26 · Consolidated
M Cap
₹54,825 Cr
P/E
45.0
PEG
4.09
  • Profit +41% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +6.1%-3.9% 2,8682,9842,704
Operating profit +12.7%+2.3% 482471428
OPM % +99 bps+102 bps 16.8%15.8%15.8%
Other income +165.4%from loss 69.0-5.026.0
Net profit? +27.4%+23.5% 335271263
PAT margin % +196 bps+259 bps 11.7%9.1%9.7%
EPS (₹) +27.6%+23.2% 2.872.332.25

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹438 Cr: core business ₹369 Cr, other income ₹69.0 Cr.

Core profit YoY: +14.0% · reported profit +27.4%

Cash & debt

FY26 cash from operations ₹1,540 Cr: 137% of FY26 net profit of ₹1,128 Cr.

Borrowings ₹635 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,778₹2,868 +3.2% in line
Net profit₹237₹335 +41.1% above
📊 Investor presentation (05 Aug) Detailed financials →

Abbott India Limited

ABBOTINDIA · Pharmaceuticals · Q4 FY26 · Standalone
M Cap
₹54,802 Cr
P/E
33.9
PEG
1.88
  • Operating margin expanded 142 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +6.6%-0.8% 1,7101,7241,605
Operating profit +12.2%+3.8% 481463429
OPM % +142 bps+125 bps 28.1%26.9%26.7%
Other income -0.0%+8.9% 76.069.876.0
Net profit +7.6%+5.1% 395376367
PAT margin % +23 bps+129 bps 23.1%21.8%22.9%
EPS (₹) +7.6%+5.1% 185.86176.92172.72

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹531 Cr: core business ₹456 Cr, other income ₹76.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +12.1% · reported profit +7.6%

Cash & debt

FY26 cash from operations ₹1,319 Cr: 85% of FY26 net profit of ₹1,552 Cr.

Borrowings ₹172 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,758₹1,710 -2.7% in line
Net profit₹417₹395 -5.3% in line
Detailed financials →

Suzlon Energy Limited

SUZLON · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹54,392 Cr
P/E
17.3
PEG
0.10
  • Profit -53% below its own trend
  • Core business grew faster than reported profit (core profit +43%)
  • FY26 operating cash flow was only 38% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +45.6%+29.7% 5,4934,2363,774
Operating profit +39.1%+30.5% 964738693
OPM % -82 bps+12 bps 17.5%17.4%18.4%
Other income +175.2%+330.7% 97.022.535.2
Net profit? -5.7%+150.2% 1,1144451,181
PAT margin % -1102 bps+977 bps 20.3%10.5%31.3%
EPS (₹) -5.7%+156.2% 0.820.320.87

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹833 Cr: core business ₹736 Cr, other income ₹97.0 Cr.

Core profit YoY: +42.8% · reported profit -5.7%

Cash & debt

FY26 cash from operations ₹1,202 Cr: 38% of FY26 net profit of ₹3,162 Cr.

Borrowings ₹556 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6,185₹5,493 -11.2% below
Net profit₹2,362₹1,114 -52.8% below
📊 Investor presentation (12 Jun) Detailed financials →

SBI Cards and Payment Services Limited

SBICARD · NBFC & Finance Companies · Q4 FY26 · Standalone
M Cap
₹53,168 Cr
P/E
24.5
PEG
—
  • Profit +12% above its own trend
  • Gross NPA down 67 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +7.4%-3.1% 5,1875,3534,832
Net interest income —— 4,220——
Other income —— 253——
Net profit +14.0%+9.4% 609557534
EPS (₹) +13.9%+9.4% 6.405.855.62
Gross NPA % -67 bps-45 bps 2.4%2.9%3.1%
Net NPA % -42 bps-24 bps 1.0%1.3%1.5%

Against its own trend ?

TrendActualGap
Net profit₹544₹609 +12.0% above
📊 Investor presentation (24 Jul) Detailed financials →

Sterlite Technologies Limited

STLTECH · Cables & Wires · Q4 FY26 · Consolidated
M Cap
₹52,133 Cr
P/E
214.5
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 165 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +37.0%+14.6% 1,4411,2571,052
Operating profit +56.0%+62.5% 195120125
OPM % +165 bps+399 bps 13.5%9.5%11.9%
Other income +157.1%+500.0% 54.09.021.0
Net profit? from lossfrom loss 59.0-17.0-40.0
PAT margin % +790 bps+545 bps 4.1%-1.4%-3.8%
EPS (₹) from lossfrom loss 1.21-0.35-0.84

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹109 Cr: core business ₹55.0 Cr, other income ₹54.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹522 Cr: 932% of FY26 net profit of ₹56.0 Cr.

Borrowings ₹1,942 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹926₹1,441 +55.6% above
📊 Investor presentation (19 May) Detailed financials →

MRF Limited

MRF · Tyres & Rubber · Q4 FY26 · Consolidated
M Cap
₹51,916 Cr
P/E
21.5
PEG
0.41
  • Profit +14% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +13.7%-0.1% 8,0448,0507,075
Operating profit +20.9%-6.7% 1,3051,3991,079
OPM % +97 bps-116 bps 16.2%17.4%15.3%
Other income +35.4%+22.8% 153125113
Net profit? +37.1%+1.5% 702692512
PAT margin % +149 bps+13 bps 8.7%8.6%7.2%
EPS (₹) +37.1%+1.5% 1655.821631.231207.49

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹930 Cr: core business ₹777 Cr, other income ₹153 Cr.

Core profit YoY: +41.8% · reported profit +37.1%

Cash & debt

FY26 cash from operations ₹4,590 Cr: 190% of FY26 net profit of ₹2,420 Cr.

Borrowings ₹3,207 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹7,735₹8,044 +4.0% in line
Net profit₹617₹702 +13.8% above
Detailed financials →

Linde India Limited

LINDEINDIA · Chemicals · Q4 FY26 · Consolidated
M Cap
₹51,064 Cr
P/E
93.5
PEG
93.54
  • Profit -52% below its own trend
  • Operating margin contracted 730 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +3.7%-12.4% 614701592
Operating profit -17.6%-32.6% 173257210
OPM % -730 bps-846 bps 28.2%36.6%35.5%
Other income -46.2%+57.6% 7.04.413.0
Net profit? -34.7%-60.2% 77.0193118
PAT margin % -739 bps-1504 bps 12.5%27.6%19.9%
EPS (₹) -34.6%-59.9% 9.0822.6713.88

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹116 Cr: core business ₹109 Cr, other income ₹7.0 Cr.

Core profit YoY: -25.9% · reported profit -34.7%

Cash & debt

FY26 cash from operations ₹786 Cr: 143% of FY26 net profit of ₹549 Cr.

Borrowings ₹79.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹579₹614 +6.1% above
Net profit₹162₹77.0 -52.4% below
Detailed financials →

Aegis Logistics Limited

AEGISLOG · Trading & Distribution · Q4 FY26 · Consolidated
M Cap
₹50,895 Cr
P/E
34.5
PEG
1.38
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +52.1%+50.4% 2,5941,7251,705
Operating profit +52.6%+110.1% 624297409
OPM % +7 bps+684 bps 24.1%17.2%24.0%
Other income +33.8%+7.4% 87.081.065.0
Net profit? +43.1%+95.3% 455233318
PAT margin % -111 bps+403 bps 17.5%13.5%18.7%
EPS (₹) +45.8%+131.9% 11.695.048.02

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹596 Cr: core business ₹508 Cr, other income ₹87.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +60.8% · reported profit +43.1%

Cash & debt

FY26 cash from operations ₹2,028 Cr: 183% of FY26 net profit of ₹1,107 Cr.

Borrowings ₹4,150 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,777₹2,594 +46.0% above
Net profit₹445₹455 +2.3% in line
📊 Investor presentation (06 Aug) Detailed financials →

Gland Pharma Limited

GLAND · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹50,783 Cr
P/E
49.4
PEG
6.18
  • Profit +88% above its own trend
  • Operating margin expanded 504 bps YoY
  • Profit grew faster than the core business (core profit +61%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +22.3%+2.8% 1,7431,6951,425
Operating profit +47.6%+18.0% 513435348
OPM % +504 bps+378 bps 29.4%25.7%24.4%
Other income +152.1%+75.7% 11163.244.0
Net profit? +96.7%+40.4% 367261187
PAT margin % +796 bps+563 bps 21.1%15.4%13.1%
EPS (₹) +96.6%+40.3% 22.2615.8711.32

Quality of profit

Core 78%Other income & one-offs 22%

Pre-tax profit ₹506 Cr: core business ₹394 Cr, other income ₹111 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +61.3% · reported profit +96.7%

Cash & debt

FY26 cash from operations ₹1,031 Cr: 100% of FY26 net profit of ₹1,028 Cr.

Borrowings ₹284 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,414₹1,743 +23.3% above
Net profit₹195₹367 +88.0% above
📊 Investor presentation (10 Aug) Detailed financials →

Gujarat Fluorochemicals Limited

FLUOROCHEM · Chemicals · Q4 FY26 · Consolidated
M Cap
₹50,579 Cr
P/E
83.1
PEG
—
  • Profit -64% below its own trend
  • Operating margin contracted 255 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +11.8%+20.5% 1,3691,1361,225
Operating profit +0.3%+11.6% 307275306
OPM % -255 bps-178 bps 22.4%24.2%25.0%
Other income -88.5%from loss 3.0-10.026.0
Net profit? -42.9%+6.9% 109102191
PAT margin % -763 bps-102 bps 8.0%9.0%15.6%
EPS (₹) -43.0%+6.8% 9.929.2917.39

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹171 Cr: core business ₹168 Cr, other income ₹3.0 Cr.

Core profit YoY: -12.0% · reported profit -42.9%

Cash & debt

FY26 cash from operations ₹961 Cr: 167% of FY26 net profit of ₹574 Cr.

Borrowings ₹2,290 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,286₹1,369 +6.4% above
Net profit₹304₹109 -64.1% below
📊 Investor presentation (12 Aug) Detailed financials →

Sona BLW Precision Forgings Limited

SONACOMS · Auto Components · Q4 FY26 · Consolidated
M Cap
₹49,805 Cr
P/E
79.2
PEG
3.96
  • Operating margin contracted 322 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +45.5%+4.8% 1,2581,200865
Operating profit +28.0%+0.0% 296296231
OPM % -322 bps-114 bps 23.5%24.7%26.7%
Other income -40.9%from loss 33.0-14.055.8
Net profit? +14.2%+24.7% 187150164
PAT margin % -406 bps+236 bps 14.9%12.5%18.9%
EPS (₹) +17.0%+27.2% 3.092.432.64

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹247 Cr: core business ₹214 Cr, other income ₹33.0 Cr.

Core profit YoY: +32.6% · reported profit +14.2%

Cash & debt

FY26 cash from operations ₹659 Cr: 105% of FY26 net profit of ₹629 Cr.

Borrowings ₹442 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹956₹1,258 +31.5% above
Net profit₹172₹187 +8.8% in line
📊 Investor presentation (17 Sep) Detailed financials →

Coromandel International Limited

COROMANDEL · Fertilizers · Q4 FY26 · Consolidated
M Cap
₹49,777 Cr
P/E
26.2
PEG
—
  • Profit -86% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +20.4%-31.6% 6,0048,7794,988
Operating profit +19.3%-39.0% 488800409
OPM % -7 bps-98 bps 8.1%9.1%8.2%
Other income to lossto loss -6.083.2473
Net profit? -80.1%-76.5% 115488578
PAT margin % -967 bps-365 bps 1.9%5.6%11.6%
EPS (₹) -75.9%-72.4% 4.7417.1719.67

Quality of profit

Pre-tax profit ₹228 Cr: core business ₹234 Cr, other income −₹6.0 Cr.

Core profit YoY: from loss · reported profit -80.1%

Cash & debt

FY26 cash from operations ₹1,558 Cr: 82% of FY26 net profit of ₹1,898 Cr.

Borrowings ₹1,506 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6,419₹6,004 -6.5% below
Net profit₹817₹115 -85.9% below
📊 Investor presentation (24 Jul) Detailed financials →

Anthem Biosciences Limited

ANTHEM · Biotechnology · Q4 FY26 · Consolidated
M Cap
₹49,630 Cr
P/E
86.1
PEG
—
  • Operating margin expanded 333 bps YoY
  • Profit grew faster than the core business (core profit +37%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +26.5%+44.4% 611423483
Operating profit +36.9%+69.8% 267157195
OPM % +333 bps+655 bps 43.7%37.1%40.4%
Other income +271.4%+55.1% 52.033.514.0
Net profit? +128.9%+104.7% 19092.883.0
PAT margin % +1391 bps+916 bps 31.1%21.9%17.2%
EPS (₹) +128.4%+104.8% 3.381.651.48

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹278 Cr: core business ₹225 Cr, other income ₹52.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +37.2% · reported profit +128.9%

📊 Investor presentation (21 Jul) Detailed financials →

Aditya Infotech Limited

CPPLUS · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹48,907 Cr
P/E
102.5
PEG
—
  • Operating margin expanded 804 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +45.5%+24.8% 1,4221,139977
Operating profit +162.2%+83.7% 25714098.0
OPM % +804 bps+579 bps 18.1%12.3%10.0%
Other income —-57.3% 2.04.70.0
Net profit? +207.3%+76.1% 16996.055.0
PAT margin % +626 bps+346 bps 11.9%8.4%5.6%
EPS (₹) +186.6%+75.6% 14.368.185.01

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹228 Cr: core business ₹226 Cr, other income ₹2.0 Cr.

Core profit YoY: +205.4% · reported profit +207.3%

📊 Investor presentation (12 Aug) Detailed financials →

Cupid Limited

CUPID · Personal Care & FMCG · Q4 FY26 · Consolidated
M Cap
₹48,650 Cr
P/E
355.2
PEG
—
  • Profit +56% above its own trend
  • Operating margin expanded 794 bps YoY
  • FY26 operating cash flow was only 43% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +112.5%+28.3% 12093.556.5
Operating profit +183.5%+10.8% 38.034.313.4
OPM % +794 bps-502 bps 31.7%36.7%23.7%
Other income +159.2%+10.2% 12.010.94.6
Net profit? +212.7%+9.6% 36.032.811.5
PAT margin % +962 bps-512 bps 30.0%35.1%20.4%
EPS (₹) +214.0%+10.7% 0.27adj. 0.24adj. 0.09

EPS restated for the 4:1 bonus of Mar 2026: Dec 2025 ₹1.22 to ₹0.24; Mar 2025 ₹0.43 to ₹0.09.

Quality of profit

Core 77%Other income & one-offs 23%

Pre-tax profit ₹47.0 Cr: core business ₹36.0 Cr, other income ₹12.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +216.7% · reported profit +212.7%

Cash & debt

FY26 cash from operations ₹46.0 Cr: 43% of FY26 net profit of ₹108 Cr.

Borrowings ₹56.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹99.8₹120 +20.3% above
Net profit₹23.0₹36.0 +56.4% above
Detailed financials →

PB Fintech Limited

POLICYBZR · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹48,382 Cr
P/E
—
PEG
—
  • Profit -24% below its own trend
  • Operating margin expanded 279 bps YoY
  • 39% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +137%)
  • FY26 operating cash flow was only 6% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +36.7%+16.4% 2,0611,7711,508
Operating profit +87.5%+33.3% 212159113
OPM % +279 bps+131 bps 10.3%9.0%7.5%
Other income +2.9%+22.4% 10485.0101
Net profit? +52.9%+38.1% 261189171
PAT margin % +135 bps+199 bps 12.7%10.7%11.3%
EPS (₹) +51.2%+37.9% 5.644.093.73

Quality of profit

Core 61%Other income & one-offs 39%

Pre-tax profit ₹272 Cr: core business ₹167 Cr, other income ₹104 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +136.6% · reported profit +52.9%

Cash & debt

FY26 cash from operations ₹41.0 Cr: 6% of FY26 net profit of ₹670 Cr.

Borrowings ₹360 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,076₹2,061 -0.7% in line
Net profit₹341₹261 -23.5% below
📊 Investor presentation (11 May) Detailed financials →

IPCA Laboratories Limited

IPCALAB · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹48,201 Cr
P/E
35.0
PEG
0.92
  • Profit +270% above its own trend
  • Operating margin expanded 203 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +6.3%-0.2% 2,3882,3922,247
Operating profit +18.1%-9.2% 484533410
OPM % +203 bps-201 bps 20.3%22.3%18.2%
Other income +6.8%+26.3% 48.038.044.9
Net profit? +352.7%-15.7% 30736467.8
PAT margin % +984 bps-236 bps 12.9%15.2%3.0%
EPS (₹) +341.6%-8.3% 11.7912.862.67

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹404 Cr: core business ₹357 Cr, other income ₹48.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +23.9% · reported profit +352.7%

Cash & debt

FY26 cash from operations ₹1,142 Cr: 96% of FY26 net profit of ₹1,187 Cr.

Borrowings ₹809 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,459₹2,388 -2.9% in line
Net profit₹83.0₹307 +270.0% above
Detailed financials →

HDB Financial Services Limited

HDBFS · NBFC & Finance Companies · Q4 FY26 · Standalone
M Cap
₹48,195 Cr
P/E
17.5
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +11.2%+1.5% 4,7454,6744,266
Net interest income —+5.0% 2,3992,285—
Other income —-3.0% 664684—
Operating profit (pre-provision) —+7.8% 1,6961,572—
Provisions —-3.9% 685712—
Net profit +41.4%+16.6% 751644531
EPS (₹) +35.5%+16.5% 9.047.766.67
Cost-to-income % —-241 bps 44.6%47.0%—

Where profit came from

Pre-provision profit ₹1,696 Cr; provisions ₹685 Cr.

Net profit +41.4% YoY.

📊 Investor presentation (15 Jul) Detailed financials →

Colgate Palmolive (India) Limited

COLPAL · Personal Care & FMCG · Q4 FY26 · Standalone
M Cap
₹48,060 Cr
P/E
35.7
PEG
4.46
  • Operating margin contracted 206 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +9.0%+7.3% 1,5951,4861,463
Operating profit +2.4%+15.4% 510442498
OPM % -206 bps+223 bps 32.0%29.7%34.0%
Other income -100.0%-100.0% 0.031.019.0
Net profit -0.6%+9.0% 353324355
PAT margin % -213 bps+33 bps 22.1%21.8%24.3%
EPS (₹) -0.5%+9.1% 12.9911.9113.05

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹474 Cr: core business ₹474 Cr, other income ₹0.0 Cr.

Core profit YoY: +3.3% · reported profit -0.6%

Cash & debt

FY26 cash from operations ₹1,806 Cr: 136% of FY26 net profit of ₹1,326 Cr.

Borrowings ₹47.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,419₹1,595 +12.4% above
Net profit₹322₹353 +9.5% in line
📊 Investor presentation (17 Aug) Detailed financials →

Tata Communications Limited

TATACOMM · Telecom Services · Q4 FY26 · Consolidated
M Cap
₹47,401 Cr
P/E
50.6
PEG
—
  • Profit -79% below its own trend
  • Core business grew faster than reported profit (core profit +39%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +9.4%+5.9% 6,5546,1895,990
Operating profit +14.4%+4.6% 1,2841,2281,122
OPM % +86 bps-25 bps 19.6%19.8%18.7%
Other income -8.4%-75.7% 63.025968.8
Net profit? -75.1%-28.9% 2593641,041
PAT margin % -1342 bps-193 bps 4.0%5.9%17.4%
EPS (₹) -74.7%-27.9% 9.2412.8236.50

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹434 Cr: core business ₹371 Cr, other income ₹63.0 Cr.

Core profit YoY: +38.9% · reported profit -75.1%

Cash & debt

FY26 cash from operations ₹4,479 Cr: 449% of FY26 net profit of ₹997 Cr.

Borrowings ₹12,249 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6,337₹6,554 +3.4% in line
Net profit₹1,222₹259 -78.8% below
📊 Investor presentation (22 Jul) Detailed financials →

Fertilizers and Chemicals Travancore Limited

FACT · Fertilizers · Q4 FY26 · Standalone
M Cap
₹47,314 Cr
P/E
—
PEG
—
  • Operating margin contracted 478 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +40.9%-5.4% 1,4841,5681,053
Operating profit -42.7%from loss 48.6-42.984.8
OPM % -478 bps+601 bps 3.3%-2.7%8.1%
Other income -55.4%-13.3% 34.039.276.3
Net profit -95.5%from loss 3.2-67.970.7
PAT margin % -650 bps+454 bps 0.2%-4.3%6.7%
EPS (₹) -95.4%from loss 0.05-1.051.09

Quality of profit

Pre-tax profit ₹5.8 Cr: core business −₹28.2 Cr, other income ₹34.0 Cr.

Core profit YoY: to loss · reported profit -95.5%

Cash & debt

FY26 cash from operations −₹996 Cr.

Borrowings ₹3,985 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,462₹1,484 +1.5% in line
Detailed financials →

Authum Investment & Infrastructure Limited

AIIL · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹46,865 Cr
P/E
22.4
PEG
0.10
  • Profit -96% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income -76.5%-28.2% 3434781,457
Net interest income —— 245——
Other income —— 32.0——
Net profit? -96.7%-64.0% 58.01611,763
EPS (₹) -96.6%-63.2% 0.701.9020.76

Against its own trend ?

TrendActualGap
Net profit₹1,561₹58.0 -96.3% below
Detailed financials →

Godrej Properties Limited

GODREJPROP · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹46,524 Cr
P/E
29.2
PEG
0.51
  • Profit +45% above its own trend
  • Operating margin expanded 1156 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +63.0%+593.9% 3,4584982,122
Operating profit +596.0%from loss 522-19775.0
OPM % +1156 bps+5463 bps 15.1%-39.5%3.5%
Other income -22.4%-15.6% 434514559
Net profit? +70.6%+232.5% 645194378
PAT margin % +84 bps-2028 bps 18.7%38.9%17.8%
EPS (₹) +70.2%+233.0% 21.586.4812.68

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹869 Cr: core business ₹434 Cr, other income ₹434 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: — · reported profit +70.6%

Cash & debt

FY26 cash from operations −₹2,003 Cr: -109% of FY26 net profit of ₹1,840 Cr.

Borrowings ₹15,894 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,342₹3,458 +157.6% above
Net profit₹446₹645 +44.7% above
📊 Investor presentation (04 Aug) Detailed financials →

Sundaram Finance Limited

SUNDARMFIN · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹46,093 Cr
P/E
20.8
PEG
1.22
  • Profit -13% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +12.2%+2.0% 2,5802,5302,300
Net interest income —— 1,363——
Other income —— 20.0——
Net profit? +0.2%+2.3% 554541553
EPS (₹) -0.6%+1.5% 49.8849.1250.17
Gross NPA % -3 bps-55 bps 2.1%2.7%2.2%
Net NPA % -11 bps-46 bps 1.3%1.7%1.4%

Against its own trend ?

TrendActualGap
Net profit₹633₹554 -12.5% below
Detailed financials →

Hindustan Copper Limited

HINDCOPPER · Mining & Minerals · Q4 FY26 · Standalone
M Cap
₹45,445 Cr
P/E
40.0
PEG
0.80
  • Profit +38% above its own trend
  • Operating margin expanded 1786 bps YoY
  • Core business grew faster than reported profit (core profit +163%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +58.1%+68.2% 1,156687731
Operating profit +135.5%+156.8% 628245267
OPM % +1786 bps+1875 bps 54.3%35.6%36.5%
Other income -29.7%+83.6% 33.018.046.9
Net profit +133.0%+184.1% 444156191
PAT margin % +1236 bps+1567 bps 38.4%22.7%26.1%
EPS (₹) +133.0%+183.3% 4.591.621.97

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹592 Cr: core business ₹560 Cr, other income ₹33.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +163.3% · reported profit +133.0%

Cash & debt

FY26 cash from operations ₹1,474 Cr: 160% of FY26 net profit of ₹920 Cr.

Borrowings ₹111 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹980₹1,156 +17.9% above
Net profit₹321₹444 +38.5% above
Detailed financials →

Vishal Mega Mart Limited

VMM · Trading & Distribution · Q4 FY26 · Consolidated
M Cap
₹45,115 Cr
P/E
12.2
PEG
0.31
  • Profit -13% below its own trend
  • FY26 operating cash flow was only 44% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +22.2%-91.5% 3,11436,7042,548
Operating profit +19.0%-93.0% 4256,051357
OPM % -37 bps-284 bps 13.6%16.5%14.0%
Other income +34.2%-89.8% 25.024618.6
Net profit? +45.9%-94.6% 1683,129115
PAT margin % +88 bps-313 bps 5.4%8.5%4.5%
EPS (₹) +44.0%-46.3% 0.360.670.25

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹225 Cr: core business ₹201 Cr, other income ₹25.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +46.6% · reported profit +45.9%

Cash & debt

FY26 cash from operations ₹1,621 Cr: 44% of FY26 net profit of ₹3,656 Cr.

Borrowings ₹1,988 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3,128₹3,114 -0.4% in line
Net profit₹193₹168 -12.9% below
📊 Investor presentation (23 Jul) Detailed financials →

MphasiS Limited

MPHASIS · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹44,909 Cr
P/E
23.5
PEG
4.70
  • FY26 operating cash flow was only 45% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.4%+6.0% 4,2434,0033,710
Operating profit +14.4%+7.2% 804750703
OPM % +0 bps+21 bps 18.9%18.7%18.9%
Other income +80.0%+300.0% 10827.060.0
Net profit? +14.3%+15.4% 510442446
PAT margin % -0 bps+98 bps 12.0%11.0%12.0%
EPS (₹) +13.7%+15.1% 26.7123.2123.49

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹681 Cr: core business ₹574 Cr, other income ₹108 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +7.9% · reported profit +14.3%

Cash & debt

FY26 cash from operations ₹839 Cr: 45% of FY26 net profit of ₹1,863 Cr.

Borrowings ₹2,620 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹4,070₹4,243 +4.2% in line
Net profit₹491₹510 +3.9% in line
📊 Investor presentation (24 Jul) Detailed financials →

Max Financial Services Limited

MFSL · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹44,852 Cr
P/E
326.7
PEG
—
  • Into loss: a profit a year ago
  • Profit -253% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -12.7%-24.2% 10,80214,25912,376
Operating profit to lossto loss -6.078.020.0
OPM % -22 bps-60 bps -0.1%0.5%0.2%
Other income -72.2%-44.4% 5.09.018.0
Net profit? to lossto loss -32.045.038.0
PAT margin % -60 bps-61 bps -0.3%0.3%0.3%
EPS (₹) to lossto loss -0.761.060.91

Quality of profit

Pre-tax profit −₹36.0 Cr: core business −₹41.0 Cr, other income ₹5.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹11,473 Cr: 10927% of FY26 net profit of ₹105 Cr.

Borrowings ₹1,859 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹11,868₹10,802 -9.0% below
Net profit₹20.9−₹32.0 -252.8% below
📊 Investor presentation (13 Aug) Detailed financials →

Mahindra & Mahindra Financial Services Limited

M&MFIN · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹44,801 Cr
P/E
13.7
PEG
1.15
  • Profit +110% above its own trend
  • Gross NPA down 28 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +13.9%+2.0% 5,5765,4644,897
Net interest income —— 3,319——
Other income —— 37.0——
Net profit? +106.1%+13.9% 940826456
EPS (₹) +82.4%+13.8% 6.755.933.70
Gross NPA % -28 bps-39 bps 3.4%3.8%3.7%
Net NPA % -40 bps-38 bps 1.4%1.8%1.8%

Against its own trend ?

TrendActualGap
Net profit₹448₹940 +109.8% above
📊 Investor presentation (21 Jul) Detailed financials →

KEI Industries Limited

KEI · Cables & Wires · Q4 FY26 · Standalone
M Cap
₹44,494 Cr
P/E
44.7
PEG
1.86
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +19.3%+17.6% 3,4762,9552,915
Operating profit +26.8%+19.3% 382320301
OPM % +65 bps+16 bps 11.0%10.8%10.3%
Other income +15.9%+27.2% 43.033.837.1
Net profit +25.4%+20.9% 284235227
PAT margin % +40 bps+22 bps 8.2%7.9%7.8%
EPS (₹) +25.4%+21.0% 29.7424.5723.71

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹377 Cr: core business ₹335 Cr, other income ₹43.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +25.0% · reported profit +25.4%

Cash & debt

FY26 cash from operations ₹840 Cr: 91% of FY26 net profit of ₹918 Cr.

Borrowings ₹253 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3,577₹3,476 -2.8% in line
Net profit₹301₹284 -5.6% in line
📊 Investor presentation (07 Aug) Detailed financials →

How to read this page

The numbers. Each card is one company's Q4 FY26 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter, before minority interest. A company's own headline, and the AI read of its filing, often quote the profit attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two are the same.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

Results calendarWho reports results today, tomorrow and this week. Strong quarterly resultsCompanies whose latest quarter showed profit up 30% or more. Live announcementsEvery NSE/BSE filing with an AI read, as it arrives. Company fundamentalsTen years of quarterly and annual financials.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI