Earnings

BEL, BPCL, Mankind Pharma are among companies set to report earnings today.

Benchmark indices ended the session marginally lower, with Nifty at 23,618, down 0.14%, and Sensex at 75,200.85, lower by 0.15%.

Consolidated revenue rose 27.6% YoY to Rs 768 crore vs Rs 602 crore last year, but net profit dipped 2.1% to Rs 130 crore from Rs 133 crore.

In addition to quarterly results, BASF India declared a dividend of Rs 25 per share for FY26.

In addition to quarterly results, Kirloskar Industries declared a final dividend of Rs 13 per share for FY26.

Promoters and the promoter group, which held a combined 69.71% stake as of May 15, have expressed their intention to participate in the buyback.

Post commissioning of the new CPVC resin plant, Astral is expected to gain meaningful market share in CPVC pipes and fittings along with margin improvement, with the full benefits likely to accrue from FY28 onwards.

Most of the customers have accepted the 25% tariff rate in the US and Rolex Rings' demand outlook has improved in this region post a 30% sales decline in FY26, adds the brokerage.

HDFC Securities, in its latest Q4 results review, has shared a mixed outlook across a wide set of stocks including Amber Enterprises, Deepak Nitrite, KEC, Balaji Amines, Greenpanel, Neogen, Symphony with clear stock-specific calls spanning Buy, Add and Reduce ratings along with revised target prices.

Lenskart will be hosting an earnings call on Wednesday, May 20, 2026 to discuss the financial results for the quarter and year ended on March 31, 2026.

If Vodafone Idea were to emerge as a competitive third player, the brokerage would expect peers with superior free-cash-flow, network, and product offerings to raise competitive intensity.

With stability in the core business and exciting new growth engines, the brokerage expects Zydus Wellness to deliver superior earnings growth vs the past.

Amber's FY26 performance remained mixed, with topline growth of 22% but relatively modest 12% bottom-line expansion, impacted by elevated JV losses and higher depreciation and interest costs from an accelerated capex cycle.

Black Buck, J. Kumar Infraprojects, Karnataka Bank, RITES and C.E. Info Systems are among the companies that will declare earnings on May 19.

BPCL is expected to report March-quarter earnings with standalone revenue at Rs 1,17,692.16 crore.

Analysts' consensus estimates on Bloomberg indicate that the bellwether company may post a $78,914.2 million revenue, soaring 79% year-on-year from $44,062 million.

Standalone revenue of Indian Oil advanced by 0.5% quarter-on-quarter for the three months ended March, reaching Rs 2,07,883.23 crore in comparison to Rs 2,04,424.39 crore.

Consolidated revenue of IGL advanced by 2.6% year-on-year for the three months ended March, reaching Rs 4,150 crore in comparison to Rs 4,043 crore.

IGL, Indian Oil Corporation and JSW Cement among companies to report earnings today.

The firm's revenue was up 24% YoY to Rs 2,089 crore compared to Rs 1,681 crore in the preceding fiscal.