Indian Companies Report Q1 Results Amid Market Optimism
The Indian stock market finished in positive territory on Monday, August 3, with the benchmark Nifty 50 ending just below the 24,800 mark. The BSE Sensex gained 544.39 points, or 0.70%, to settle at 78,639.03, while the NSE Nifty 50 advanced 390.70 points, or 1.60%, to close at 24,774.30.
Today, August 4, more than 130 companies are scheduled to release their financial results for the quarter ending on June 30 (Q1 results 2026). Bharti Airtel, Oil and Natural Gas Corporation (ONGC), FSN E-Commerce Ventures Nykaa, and several others will report their Q1 results FY27 today.
Bharti Airtel is expected to report 4% QoQ growth in consolidated revenue driven by robust growth in Homes (6% QoQ) and Africa (5% QoQ, benefit of cross-currency tailwinds), according to Motilal Oswal. The brokerage firm also expects a 2.6% QoQ growth in consolidated reported EBITDA.
Nykaa is expected to report an overall GMV/revenue growth of 27/27% YoY, primarily driven by BPC GMV/revenue growth of 27/27% YoY and fashion business GMV/revenue growth of 28/22% YoY. The company's EBITDA margin is expected to expand by 170 bps yoy.