Earnings Reports: Key Financial Results from Bajaj Consumer Care, Jio Financial, and Others on April 17
Q4 result: Jio Financial, Bajaj Consumer Care, Aditya Birla Money on Apr 17
Business Standard
Image: Business Standard
Several companies, including Bajaj Consumer Care, Aditya Birla Money, and Jio Financial Services, are set to announce their Q4 FY26 earnings on April 17. Wipro reported a 1.9% decline in net profit, while HDFC Asset Management Company saw a 2.4% drop in profit but an 18% increase in revenue for FY26.
- 01Bajaj Consumer Care and Jio Financial Services will announce their Q4 earnings today.
- 02Wipro's net profit fell 1.9% year-on-year to ₹3,502 crore.
- 03HDFC Asset Management Company reported a 2.4% decline in profit but an 18% revenue growth for FY26.
- 04Asian markets are expected to impact the Nifty50 index negatively.
- 05Investors are awaiting clarity on geopolitical tensions affecting market sentiment.
Advertisement
In-Article Ad
On April 17, several companies, including Bajaj Consumer Care, Aditya Birla Money, and Jio Financial Services, are scheduled to release their earnings reports for the fourth quarter of FY26. Wipro's results indicate a 1.9% year-on-year decline in net profit to ₹3,502 crore, despite a 7.7% increase in revenue to ₹24,236 crore. The company's profits narrowly missed analyst estimates. In contrast, HDFC Asset Management Company reported a 2.4% decline in consolidated profit after tax (PAT) to ₹622.66 crore, but its revenue rose by 17% year-on-year to ₹1,051.51 crore. The board has recommended a final dividend of ₹54 per equity share, pending shareholder approval. Meanwhile, the GIFT Nifty indicates a slightly negative opening for the Nifty50 index, reflecting losses in Asian markets, with investors cautious about geopolitical developments.
Advertisement
In-Article Ad
The financial results of these companies may influence investor sentiment and market performance, particularly in the IT and asset management sectors.
Advertisement
In-Article Ad
Reader Poll
How do you feel about the recent earnings reports from major companies?
Connecting to poll...
Read the original article
Visit the source for the complete story.