Earnings Reports: Axis Bank and Others Set to Release Q4 Results on April 25
Q4 result: Axis Bank, IDFC First Bank, India Cements, 12 more on April 25
Business Standard
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On April 25, several companies including Axis Bank, IDFC First Bank, and India Cements will announce their Q4FY26 earnings. Analysts predict a 2% year-on-year decline in Axis Bank's net profit due to increased provisions, while Reliance Industries reported a 12.6% drop in net profit amid rising energy costs.
- 01Axis Bank expected to report a 2% year-on-year decline in net profit for Q4FY26.
- 02Analysts predict a surge in provisions for Axis Bank, reaching ₹2,190 crore.
- 03Reliance Industries faced a 12.6% drop in net profit due to rising feedstock costs from global energy market disruptions.
- 04The Nifty50 and Sensex indices fell significantly due to concerns over oil prices and geopolitical tensions.
- 05A total of 14 companies, including automotive and finance firms, will announce their Q4 results today.
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On April 25, 14 companies including Axis Bank, IDFC First Bank, and India Cements are set to announce their earnings for the fourth quarter of fiscal year 2026 (Q4FY26). Analysts forecast that Axis Bank's net profit may decline by 2% year-on-year to ₹7,010 crore, primarily due to a 61% increase in provisions, expected to reach ₹2,190 crore. However, on a sequential basis, profits might rise by 8% as provisions are anticipated to decrease by 3%. In contrast, Reliance Industries reported a 12.6% drop in net profit for the same quarter, attributed to rising feedstock costs amid ongoing geopolitical tensions affecting global energy markets. The market has reacted negatively, with the Nifty50 and Sensex indices experiencing declines of 1.14% and 1.27%, respectively, due to rising oil prices and uncertainties surrounding the Strait of Hormuz blockade.
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The anticipated decline in Axis Bank's profits may affect investor confidence and market sentiment, potentially impacting stock prices and investment decisions.
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