Q4 Earnings Season Kicks Off with Over 100 Companies Reporting
The fourth-quarter earnings season for FY25 has begun, with more than 100 companies, including several blue-chip names, slated to release their financial results this week. On April 24, 2025, at least 29 companies are set to announce their earnings.
Companies Releasing Earnings on April 24
The list of companies releasing their Q4FY25 earnings reports today includes:
- Aavas Financiers
- Accedere
- Accelya Solutions India
- Artson Engineering
- Axis Bank
- Cyient
- Elecon Engineering Company
- Emmessar Biotech & Nutrition
- Hindustan Unilever
- Indian Energy Exchange
- Jayaswal Neco Industries
- Kirloskar Pneumatic Company
- Laurus Labs
- L&T Technology Services
- Mphasis
- NELCO
- Nestle India
- New Market Advanced Trading Technologies
- Persistent Systems
- Prime Securities
- SBI Cards and Payment Services
- SBI Life Insurance Company
- Shanthi Gears
- Sumeru Industries
- Supreme Industries
- Swelect Energy Systems
- Tanla Platforms
- Tech Mahindra
Market Analysis
Investors are closely watching these earnings reports for insights into company performance, management perspectives, and forward-looking statements, as these factors could significantly impact stock price movements. The market’s reaction to these reports is expected to be significant, given the number of major companies announcing their results.
In the previous trading session on April 23, the market closed 0.63% higher at 24,319.35, driven by positive global cues. The IT and Auto sectors led the gains, while the Bank Nifty was down.
Analysts have noted key support and resistance levels for the Nifty and Bank Nifty indices. According to Nandish Shah, Deputy Vice President of HDFC Securities, the immediate resistance for Nifty is at 24,545, which is the 61.8% retracement of the fall from its all-time high of 26,277 to the low of 21,743 on April 7, 2025. The support for Nifty has shifted upwards to 24,072.
Vinod Nair, Head of Research at Geojit Investments, observed that the Indian equity market has maintained its positive momentum, driven by better-than-expected IT results and optimistic forward-looking comments. However, profit booking was visible in financials after the recent sharp rally. The easing of US-China trade tensions and a rally in US tech stocks have further bolstered global market sentiment.
Disclaimer
The views and recommendations above are those of individual analysts or broking companies, not Mint. Investors are advised to consult certified experts before making any investment decisions.
