The Q1 earnings season kicked off earlier this month with IT services major Tata Consultancy Services (TCS) reporting its results. On Friday, leading private sector lenders HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank also announced their June-quarter earnings.
July 20 (Monday)
UltraTech Cement is set to report its Q1 FY27 results on Monday. Paytm and Indian Overseas Bank will also announce their June-quarter earnings, along with Karur Vysya Bank, Shyam Metalics and Sobha.
July 21 (Tuesday)
Several major companies are scheduled to announce their Q1 results on Tuesday, including Bajaj Auto, Adani Energy Solutions, TVS Motor Company, Indian Hotels Company, JSW Infrastructure, Adani Gas, Mahindra & Mahindra Financial Services and Anthem Biosciences.July 22 (Wednesday)Quick commerce and food delivery major Eternal will report its June-quarter earnings on Wednesday. FMCG giant Nestlé India will also announce its results. Other key companies on the earnings calendar include Adani Power, Adani Green Energy, BPCL, Oracle Financial Services Software, Dr. Reddy’s Laboratories and United Spirits.
July 23 (Thursday)
IT services major Infosys will announce its June-quarter earnings on Thursday. Other companies reporting results include IndiGo, Cipla, Motilal Oswal Financial Services, Mphasis, Sona BLW Precision Forgings, Go Digit General Insurance and Chennai Petroleum Corporation.
July 24 (Friday)
Shriram Finance, CG Power, Bank of Baroda, Jindal Steel & Power (JSPL), Laurus Labs, Apar Industries, Welspun Corp and Container Corporation of India (CONCOR), among others, will announce their April–June quarter (Q1 FY27) results.
Market outlook
Vinod Nair, Head of Research at Geojit Investments, said market sentiment continues to be supported by encouraging Q1 FY27 business updates and growing optimism over a healthy earnings season.
Meanwhile, Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high of 26,373, as it turns more constructive on India amid an improving macroeconomic backdrop.
Looking ahead, Nair said global investors will closely track Japan’s inflation data for clues on the future path of interest rates, while India’s PMI readings will provide fresh insights into economic activity and business confidence.
He added that corrections in select Asian markets amid concerns over elevated AI-driven valuations could enhance India’s relative attractiveness among emerging markets. Supported by strong macroeconomic fundamentals, resilient domestic demand and a diversified growth profile, India remains well positioned to attract long-term capital inflows.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
