Q4 Result 2025: With many companies across sectors already having released their Q4 numbers, the fiscal fourth quarter earnings season is now in full swing. Till date, majors like Reliance Industries, Tata Steel, Paytm, Coal India, Vedanta, Swiggy, Zomato, PVR Inox, SBI, HDFC Bank, Dr Reddy’s, Maruti Suzuki India, M&M, Titan Company, L&T, Asian Paints, HUL, Nestle India, Marico, BPCL, HPCL, IOCL, and many others have released their Q4 results. IT services giants like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, Tech Mahindra too have announced their Q4 performance numbers.
Today, companies including Tata Motors, Bharti Airtel, Siemens, VIP Industries, Cipla, GAIL India, Hero Motocorp, GlaxoSmithKline Pharmaceuticals, Suven Life Sciences, Metropolis Healthcare, Taj GVK Hotels & Resorts, NIIT, Shemaroo Entertainment, Max Financial Services, Jubilant Ingrevia, Aditya Birla Capital, Honeywell Automation, among a few others are lined up to release their Q4 numbers.
The Q4FY25 earnings season, Axis Securities said, was marked by 1) Sequential improvement in capex spending, 2) A Series of positive measures in the domestic economy taken by the RBI and the government, 3) Volatile Currency, 4) Volatile Trade dynamics, and 5) Volatile Crude prices. “All these developments indicate that the Q4FY25 earnings would show a mixed trend, similar to the previous quarters. Some breather is expected in Q4FY25 numbers, led by sequential improvement in some of the pockets of high-frequency indicators. However, the broader consumption demand could still take 1-2 quarters to get back on track,” it said.
In the near term, the brokerage firm added, macroeconomic risks such as trade policy uncertainty, the risk of a global market slowdown due to reciprocal tariffs, and recessionary concerns will continue to challenge market direction.
PVR Inox Q4 Results 2025 Live Updates: JM Financial on company performance
PVR Inox reported an in-line operating performance. Revenues were flat YoY to Rs 12.5bn. JM Financial said, “FY25 was marred by inconsistent flow of Bollywood/Hollywood releases, resulting in 14ppt decline in PVR Inox’s Hindi/English GBOC YoY. A strong line-up of both Bollywood and Hollywood releases could reverse that trend in FY26. That said, in spite of the non conducing box office performance, PVR Inox has continued its cost and execution rigour. Its fixed cost/screen has grown at merely 0.8% CAGR over FY20-25E, significantly below inflation. Its pivot to capital light model (FOCO + Asset light model) – 100% of new screen addition in FY26 – promises to improve return ratios. Better working capital and lower capex helped it reduce net debt further by Rs 3.4bn in FY25. That should continue.”
Dr Reddy’s Q4 Results 2025 Live Updates: Confident on post-Revlimid margin, says Elara Securities
Dr Reddy’s Laboratories (DRRD IN) reported Q4FY25 slightly better than estimates. Revenue and EBITDA came in 1-3% ahead of our estimates; PAT was 26% ahead, due to higher Other income and lower tax rate. Elara Securities said, “Management expects robust gRevlimid sales to wind down a few months before 31 January 2026 when the market freely opens up to all generic firms. It expects double-digit top-line growth in FY26 with EBITDA margin similar to FY25; this is in line with our expectations. Management reiterated sustaining ~25% EBITDA margin on an annual basis, even beyond the gRevlimid opportunity – something that the Street has yet to acknowledge, in our view.
We lower our FY26E core EPS by 10% as we build in lower gRevlimid sales, but raise our FY27 core EPS by 4%, as we gain confidence on margin.”
Britannia Q4 Results 2025 Live Updates: Motilal Oswal on company performance
Britannia Industries posted total consolidated revenue growth of 9 per cent YoY in Q4FY25 (in line) and volume growth of ~3 per cent (est. 4.5 per cent). Motilal Oswal Financial Services Ltd said, “While Britannia wants to focus on sustaining margins, volatile commodity prices and competitive intensity at both regional and national levels could weigh on Britannia’s margins. The margin is likely to remain volatile in the near term. We model EBITDA margin of 18% in FY26E and 18.3% in FY27E. We believe urban demand will recover gradually and growth in packaged food categories will also improve. With pricing action initiated, we expect revenue growth to remain healthy, along with a gradual recovery in gross margin.
Q4 Results 2025 Live Updates: Results announcements today
Today, companies like Tata Motors, Bharti Airtel, Siemens, VIP Industries, Cipla, GAIL India, Hero Motocorp, GlaxoSmithKline Pharmaceuticals, Suven Life Sciences, Metropolis Healthcare, Taj GVK Hotels & Resorts, NIIT, Shemaroo Entertainment, Max Financial Services, Jubilant Ingrevia, Aditya Birla Capital, Honeywell Automation, Duroply Industries Limited, Eureka Industries, Dalmia Bharat Sugar and Industries, Arkade Developers, among a several others are lined up to release their Q4 numbers.
Q4 Results 2025 Live Updates: Welcome to the live blog!
Good Morning! The fiscal fourth quarter earnings season is on and we, at FinancialExpress.com, are continuously bringing all the updates from companies across sectors and also announcements by their leadership team on issues of interest. Moving ahead as well, we will continue to keep you updated on all the developments and announcements by companies. Stay tuned!