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HCLTech, Nestle India, Tata Elxsi, and Persistent Systems are among the 15 companies that will declare the results for Q4FY26 today. Recently listed Coal India subsidiary Central Mine Planning & Design Institute (CMPDI) is also scheduled to disclose its earnings.
Some of these companies may also announce final dividends and hold analyst calls after the board meeting.
Follow all the live updates below.
HCLTech reported that its attrition rate rose marginally to 12.5% compared to 12.4% in the preceding December quarter of FY26. India's third-largest information technology (IT) services giant's headcount in the March quarter of FY26 rose by 802 employees to 2,27,181 from 2,26,379 in the December quarter, according to the company's earnings results released post-market hours.
HCLTech said in a concall that it will see deflation in some of the existing revenue streams. It esitmated AI deflation to be 2-3%. The firm further expects advanced AI revenue stream to grow between 25 to 30% YoY.
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HCLTech stated that AI has lead to a shift towards output based pricing, in a concall. Despite AI deflatiion the company said that it saw the revenue from its top clients increase. The guidance band also bordered on the back of volatility in the market.
HCLTech said that the firm's business environment remained highly fluid, making it difficult to form a definitive view for next 12 months.
The company added one client in the $100 million bracket and eight clients in the $50 million bracket. The firm's advanced AI annualised revenue reached $620 million.
HCLTech added 1,712 freshers in the fourth quarter of fiscal 2026. The company added atotal of 11,744 freshers in FY26, is saidn in a concall. This was 50% more freshers compared to the financial year 2025.
HCLTech's headcount increased by 802 in the fourth quarter of fiscal 2026. The total headcount for the financial year 2026 increased by 3,761. The company's revenue grew at a faster pace in comparison to the headcount increase, as per the company's concall.
The firm declared an interim dividend of Rs 75 per share.
HCLTech's revenue for constant currency declined 3.3% on a sequential basis, according to the company's concall. The reason for the decline was due to seasonality in the software business.
The delay in procurement decisions in the month of March resulted in revenue coming below expectations, the firm stated.
Services performance for the quarter also arrived at lower end of expectation. The firm's reduction in discretionary spending in telecom led to lower services performance.
HCLTech's chief executive officer (CEO) and managing director (MD) C Vijaykumar stated that lower discretionary spending and delayed decision making led to a weak performance in the fourth quarter.
He further stated that AI-led service offerings are gaining traction in the market and the company would take advantage of AI opportunities. He noted that client behaviour was focused on cost optimisation with AI adoption.
HCLTech's new deal wins for the fiscal 2026 were at $9.3 billion.
The firm's revenue in dolars for the fiscal 2026 was up 6% at $14.7 billion year-on-year (YoY). The company's revenue in dollars for the fourth quarter was down 2.9% at $3.7 billion quarter-on-quarter. Its last twelve months attrition rate was 12.5% versus 13% YoY.
HCLTech's revenue guidance for Fiscal 2027 was between 1-4% in constant currency terms, as per the firm's concall.
The firms' constant currency revenue was down 3.3% sequentially compared to the estimate of 1.2%.Its advanced AI revenue was reported to at $155 million up 6% on a quarter-on-quarter basis. The total contract value was at $1.9 billion.
HCLTech's net profit of Rs 4,488 crore from the financial results for the fourth quarter of fiscal 2025-26 was in line with Bloomberg analysts' estimate of Rs 4,637 crore. The firm's revenue of Rs 33,981 crore was also in line with the estimate of Rs 33,773 crore.
The company's EBIT stood at Rs 5,620 crore compared to the estimate of Rs 5,931 crore. Its EBIT Margin ws up 16.5% while analysts' estimates stood at 17.6%.
Profit Up 10.1% at Rs 4,488 crore Vs Rs 4,076 crore
Revenue Flat At 0.3% At Rs 33,981 crore Vs Rs 33,872 crore
EBIT Down 10.6% At Rs 5,620 crore Vs Rs 6,285 crore
EBIT Margin At 16.5% Vs 18.6%
HCLTech declared an interim dividend of Rs. 24 per equity share of Rs. 2 each of the Company for the financial year 2026-27.
The record date for determining the eligibility of shareholders will be April 25, 2026. The dividend amount will be disbursed on May 5, 2026.
Net Profit Rises 10% to Rs 4,448 crore
Revenue at Rs 3,398 crore
The board of directors has declared an interim dividend of Rs. 24 per equity share of Rs. 2 each, the firm's release said.
Here are IDBI Capital's analysts' expectations with regards to HCL Technologies fourth quarter results for the fiscal 2025-26:
Here are Goldman Sachs' analysts' expectations with regards to HCL Technologies fourth quarter results for the fiscal 2025-26:
Here are Citi's analysts' expectations with regards to HCL Technologies fourth quarter results for the fiscal 2025-26:
Here are DAM Capital's analysts' expectations with regards to HCL Technologies fourth quarter results for the fiscal 2025-26:
360 One WAM announced an interim dividend of Rs 6 per share with the record date of determining the eligibility of share holders to be April 27, 2026. The dividend will be paid on or before May 20.
Share price of HCL Technologies Ltd. ended 0.90% higher at Rs 1,441.20 on Tuesday, compared to a 0.87% uptick of the NSE Nifty 50.
Persistent Systems declared a final dividend of Rs 18 per share after announcing its financial results for the fourth quarter of the fiscal 2025-26.
"The record date for the purpose of payment of the said dividend will be determined later and communicated to the stock exchanges separately," the company said.
Revenue seen 1% higher at Rs 34,024 crore versus Rs 33,798 crore
EBIT seen 13% higher at Rs 5,977 crore versus Rs 6,285 crore.
EBIT Margin seen at 17.56% versus 18.59%
Persistent Systems Q4FY26 Preview (Cons QoQ
Bloomberg estimates
Key things to watch out
The board approved convening of 67th AGM of the company on Friday, July 23.
"I am pleased to share that this quarter, Nestlé India delivered high double-digit growth and recorded its highest-ever domestic sales, at Rs 6,445 crore. This performance was powered by double-digit volume growth, driven by over 50% increase in advertising spends, whilst delivering a healthy EBITDA margin of 26.3%."
-- Manish Tiwary, Chairman and Managing Director of Nestlé India
Total sales and domestic sales for the quarter increased by 23.4% and 23.1%, respectively. Domestic sales growth was broad based. Domestic sales crossed Rs 6,445 crore. Ebitda margin stood at 26.3%.
Nestle India board recommended final dividend of Rs 5 per equity share for the financial year 2025-26 on the entire issued, subscribed and paid-up share capital of the Company.
| Company | Revenue | Ebitda | Margin | Net Profit |
|---|---|---|---|---|
| HCLTech | Rs 34,034 Crore | Rs 5,977 Crore (EBIT) | 17.56% | Rs 4,648 Crore |
| Nestle | Rs 6,186 Crore | Rs 1,498 Crore | 24.21% | Rs 926 Crore |
| 360 One WAM | Rs 722.84 Crore | Rs 416.9 Crore | 57.67% | Rs 294.23 Crore |
| Cyient DLM | Rs 408.35 Crore | Rs 40.88 Crore | 10.01% | Rs 22.48 Crore |
| Sunteck Realty | Rs 400.88 Crore | Rs 95.55 Crore | 23.83% | Rs 71.56 Crore |
| Tata Elxsi | Rs 991.96 Crore | Rs 213 Crore (EBIT) | 21.47% | Rs 187.73 Crore |
| Persistent System | Rs 3,980 Crore | Rs 661 Crore | 16.60% | Rs 521.04 Crore |
Patanjali Foods to pay second interim dividend of Rs 1.75 per share. The record date will be April 25.
Source: Exchange filing
HCLTech's FY26 dividend update will be in focus when the company announces its Q4 results on Tuesday. After missing Bloomberg dividend estimates for two straight years, investors are now watching whether the company can reverse that trend this time.
The current Bloomberg estimate values HCLTech's FY26 dividend at Rs 57.12 crore, with analyst estimates ranging from Rs 60.70 per share to Rs 72.60 per share. Based on the current estimate, the FY26 dividend yield could be around 4%.
The dividend decision matters as the stock has fallen 15% in FY26 so far, compared with a 5% decline in the benchmark NSE Nifty 50. For investors seeking returns beyond share price gains, the payout update may become a key trigger.
HCLTech is expected to report muted growth in the March quarter, with margins seen under pressure as seasonal weakness in the software business, wage hikes and restructuring costs weigh on profitability.
The constant currency growth for the quarter is expected in the range of a decline of 1.7% to 0.5%, according to analyst consencus estimates tracked by Bloomberg Net employee additions are estimated at 5,241. Bloomberg estimates also indicate FY26 revenue growth of 4.53% in constant currency terms and FY27 growth of 5.78%.
Nestle India is expected to report higher revenue and profit in the March quarter, supported by volume-led domestic growth and improved trade conditions, while margin pressure from input costs and higher spending may weigh on profitability. The Maggi maker is scheduled to announce its fourth quarter results on Tuesday.
Bloomberg estimates indicate revenue may rise 12% year-on-year, while Ebitda is seen up 8% and profit up 5%. Margin is expected to moderate to 24.21% from 25.23% a year earlier. Underlying volume growth is projected at 3.75%, pointing to continued demand resilience despite a softer consumption backdrop.
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