Money in Motion: Q1 Results That Could Reshape the Market Mood

Unknown Apr 02, 2026 850 Views

India Inc. kicked off the week with a flurry of Q1 FY26 earnings announcements from over 90 companies, spanning energy, banking, infrastructure, and asset management. As investors brace for macroeconomic data and global cues, today’s results offer a snapshot of sectoral resilience and emerg...

Key Highlights from Today’s Earnings Releases:

Adani Green Energy

Net profit surged 95% YoY to Rs 629 crore, driven by capacity additions and higher energy sales.
Revenue from power supply rose 24% YoY to Rs 2,528 crore.
Operational capacity expanded 31% YoY to 10.9 GW, with 2.25 GW already live at Khavda, Gujarat.
EBITDA margin held strong at 92.6%, supported by robotic cleaning and advanced wind turbine deployment.

Adani Total Gas (ATGL)

Net profit rose 2.3% QoQ to Rs 172 crore, with EBITDA up 2.9% at Rs 296 crore.
Revenue declined 1.5% sequentially to Rs 1,145 crore amid margin expansion to 25.9%.
CNG volumes grew 20% YoY, while PNG volumes rose 10%.

Waaree Energies

Net profit jumped 208% YoY to Rs 281.6 crore, with revenue up 83.3% at Rs 2.36 billion.
EPC segment revenue rose 80.4%, with 217 MW executed and 2,191 MW in backlog.
Bidding pipeline remains robust at 15.5 GW.

IndusInd Bank

Analysts expect a sharp decline in net profit, with estimates ranging from 60% to 85% YoY drop.
NII projected to fall 15–23%, with margin compression and elevated provisions weighing on performance.
Governance overhaul and CEO succession remain key investor concerns.

GAIL (India)

Consolidated net profit rose 77.5% YoY to Rs 3,183 crore, beating analyst expectations.
Margin expanded to 13.8%, supported by pipeline and petrochemical investments.
Capex stood at Rs 1,659 crore, 21% of FY25 target.

NTPC Green Energy

Results awaited later today; investors expect updates on renewable capacity expansion and integration with
NTPC’s broader clean energy strategy.

Nippon Life India Asset Management (Nippon AMC)

Earnings expected to reflect AUM growth and retail SIP momentum amid volatile equity markets.

Mazagon Dock Shipbuilders (Mazdock)

Results anticipated to highlight order book strength and execution timelines for naval contracts.

RailTel Corporation of India

Investors eye updates on broadband expansion, railway digitization projects, and monetization of telecom assets.

Kotak Mahindra Bank

Reported consolidated net profit of Rs 4,472 crore, down 40% YoY due to absence of last year’s onetime gain.
Standalone net profit fell 6.8% YoY to Rs 3,282 crore.
NII rose 6% YoY to Rs 7,259 crore.
Asset quality weakened slightly with GNPA at 1.48%.

Lodha Developers (Macrotech Developers)

Results awaited; focus on presales momentum, debt reduction, and luxury housing pipeline.

IDFC First Bank

Net profit declined 32% YoY to Rs 463 crore due to higher slippages in microfinance.
Total income rose to Rs 11,869 crore, indicating underlying growth.

ACME Group (Unlisted)

Shares in focus amid speculation of new solar and green hydrogen partnerships.
Market watchers await clarity on IPO plans and strategic tieups.

Market Sentiment:

Despite strong showings from Adani Green, Waaree, and GAIL, banking stocks like IndusInd and IDFC First weighed on investor mood. Broader indices opened flat to negative, with GIFT Nifty down 19 points. Global cues remain mixed ahead of USChina trade talks.

Sources: Adani Group Media Release, ET Now, NDTV Profit, Mint, Mercom India, Moneycontrol, Business Today, GoodReturns, Business Standard, Business Line.

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