It’s a busy week on the Q4 results calendar with over 30 companies reporting their earnings in this holiday-shortened week. From tech majors Infosys, Wipro to the big boys of the banking world, ICICI Bank and HDFC Bank are all set to report their Q4 performances.
Wipro: Q4 earnings on April 16
Tricky times for tech companies as fears about Trump Tariff wreaking havoc on the global growth outlook take centre stage. Recession in the midst of a tech upgrade cycle with spending intensity unlikely to pick up and the progress in AI capabilities are two of the key concerns for the tech companies. Most brokerages expect the size of opportunities could be smaller relative to the size of Indian IT exports unlike the previous recessions. Increased competition from companies aspiring for a turnaround like Wipro and GCCs pose headwinds for the tech universe.
Infosys: Q4 earnings on April 17
Infosys Q4 earnings are scheduled for April 17. Along with the Q4 results, investors are also going to watch out for announcements on dividend. Just like Wipro, even Infosys has significant exposure to discretionary, making them vulnerable in the current uncertain times. Infosys has higher exposure to retail and manufacturing verticals and given the uncertainty around impact of Trump tariff, it’s a wait and watch game ahead of Q4 earnings.
Tata Elxsi: Q4 earnings on April 17
This Tata Group stock is also set to announce its results on April 17. Along with the Q4 numbers, the street will also watch out for the dividend announcement. Tata Elxsi has paid a dividend of Rs 70 per share in 2024.
HDFC Bank: Q4 earnings on April 19
HDFC Bank Q4 results are set to be released on April 19. The street will also watch out for dividend announcements along with the potential earnings performance in Q4. The bank’s Net Interest Margins and asset quality is expected to project an upward trajectory with profit growth seen around 5% for the quarter.
ICICI Bank: Q4 earnings on April 19
The country’s largest private sector bank, ICICI Bank will also deliver its earnings on April 19. The bank’s margins and profit are expected to continue the overall industry trends and in fact most brokerage earnings preview indicate that the Q4 PAT may be higher than industry average for ICICI Bank. All eyes will also be on the dividend announcement by the bank. The bank has been declaring an annual dividend every year in the past 5 years.
Other key earnings to watch this week
That apart, several other Q4 results are going to be announced as well this week. This includes IREDA on April 15, Reliance Industrial Infrastructure and Waaree Renewable Technologies on April 16, HDFC AMC, HDFC Life on April 17 and Yes Bank on April 19.