Key Q4 Earnings Reports from Wipro, HDFC AMC, and Others Set for April 16
Q4 result: Wipro, HDFC AMC, Crisil, Waaree Renewable, 10 more on April 16
Business Standard
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Several companies, including Wipro and HDFC Asset Management Company, will announce their Q4FY26 earnings on April 16. Wipro's net profit is expected to decline by 3.66% year-on-year, while ICICI Lombard General Insurance reports a 7.3% profit increase, reflecting strong premium growth.
- 01Wipro's net profit is projected to decrease by 3.66% year-on-year.
- 02ICICI Lombard General Insurance reported a 7.3% increase in net profit for Q4FY26.
- 03Wipro's revenue is expected to rise by 7% year-on-year to ₹24,610.63 crore.
- 04The GIFT Nifty index is trading higher amid optimism in global markets.
- 05A total of 12 companies are set to release their Q4 results today.
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On April 16, multiple companies, including Wipro, HDFC Asset Management Company, and Crisil, will release their Q4FY26 earnings reports. Wipro anticipates a net profit of ₹3,438.9 crore, down 3.66% from the previous year, although it marks a 2.4% increase from the previous quarter. Revenue for Wipro is expected to rise by 7% year-on-year to ₹24,610.63 crore. In contrast, ICICI Lombard General Insurance reported a 7.3% increase in net profit to ₹546.6 crore, driven by strong premium growth and a significant rise in investment income. The market sentiment is positive, with the GIFT Nifty trading higher, reflecting gains in global equities amidst hopes for a US-Iran truce. Overall, 12 firms are set to announce their earnings today, highlighting a busy reporting period.
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The earnings reports could influence stock prices and investor sentiment, particularly for stakeholders in Wipro and ICICI Lombard.
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