On July 22, 2026, around 59 companies are set to announce their financial results for the quarter ending June 30, 2026. Key firms include Adani Power, Nestle India, and Eternal, among others, as they navigate the ongoing earnings season. Bandhan Bank shares fell 15% despite a stronger-than-expected profit report, following a cut in its fiscal year return-on-assets outlook due to anticipated narrower net interest margins and rising operating expenses.
Key Earnings Forecasts
Brokerage firm Motilal Oswal projected that Eternal's net order value (NOV) for its FD & QC businesses is likely to increase by 19.7% year-on-year, with FD take rates at 21.5% and QC gross profit at 26.9%. Additionally, Blinkit’s NOV is expected to grow 17.9% quarter-on-quarter and year-on-year. Kotak Institutional Equities noted that Bharat Petroleum Corporation (BPCL) could report an EBITDA loss of Rs 185 billion due to elevated crude costs and significant losses in petrol and diesel marketing. They anticipate a reported GRM of $23 per barrel, down from $4.9 per barrel year-on-year.
Market Performance
The Indian stock market experienced a decline ahead of these earnings announcements. The BSE Sensex dropped by 238.41 points, or 0.31%, closing at 77,470.11, while the NSE Nifty 50 fell by 50.80 points, or 0.21%, ending at 24,187.70. Analysts are closely monitoring the results for insights into sector performance and overall economic health.
Related coverage: UltraTech Cement Q1 results exceed expectations, brokerages.
The upcoming earnings reports from major firms like Adani Power and Nestle could influence investor sentiment and stock prices in the consumer goods and energy sectors, particularly amid concerns over profitability and operational costs. Watch for specific earnings results and guidance from these companies to gauge future market direction.