This is the biggest week of Q4 FY26 earnings season. Infosys and Reliance — India's most-tracked IT company and India's largest company by market cap — both report this week. Add Tech Mahindra, L&T Technology Services, Persistent Systems, Tata Elxsi, Havells, and SBI Life, and this week sets the tone for the full Q4 season.
For live AI analysis of each company's earnings call as it happens → StockMirror Market Calendar
Full Schedule — Week of April 21–25
Monday, April 21
| Company | Sector | What to Watch |
|---|---|---|
| Persistent Systems | IT Services | Revenue growth trajectory — has been among the fastest-growing mid-cap IT names. Q4 will show if momentum holds. |
| Tata Elxsi | Embedded Software / Design | Automotive ER&D exposure — sector-wide slowdown in auto client spending is the key risk. |
| 360 ONE WAM | Wealth Management | AUM growth + margin in a strong market environment |
| Sunteck Realty | Real Estate | Residential project execution and bookings |
| Nestlé India | FMCG | Volume recovery in urban consumption |
Tuesday, April 22
| Company | Sector | What to Watch |
|---|---|---|
| Tech Mahindra | IT Services | The turnaround story — is revenue growth YoY positive? Are margins expanding structurally? |
| L&T Technology Services | Engineering R&D | Auto + aerospace ER&D spend — key bellwether for engineering services demand |
| Havells India | Consumer Electricals | Summer demand for fans/ACs — Q4 is seasonally important. ECD division volumes. |
| SBI Life Insurance | Insurance | New Business Premium growth, VNB margin |
| Tata Communications | Telecom / Data | Enterprise data services growth |
Wednesday, April 23 — The Headline Day
| Company | Sector | What to Watch |
|---|---|---|
| 🔴 Infosys | IT Services | Full-year FY26 confirmation + FY27 guidance. The most-watched number this week. |
| Cyient | Engineering R&D | Defence + aerospace exposure — government order flows |
| UTI AMC | Asset Management | AUM + profitability in strong equity market conditions |
| Adani Green Energy | Renewables | Capacity addition vs target, EBITDA per MW |
Thursday, April 24
| Company | Sector | What to Watch |
|---|---|---|
| 🔴 Reliance Industries | Conglomerate | Jio ARPU, Retail recovery, O2C margins. Board may announce dividend. |
| Zensar Technologies | IT Services | Recovery in North America revenue — execution against the turnaround narrative |
| Tanla Platforms | CPaaS / Enterprise Messaging | Enterprise messaging volume + margin |
Friday, April 25
Lighter day — no major earnings calls confirmed with full analyst calls this date.
The Two Numbers Everyone Is Watching
Infosys FY27 Guidance (April 23)
Infosys provides one of the most-watched forward guidance statements in Indian IT. In Q3 FY26, they reported revenue of $4.94 billion (+4.5% YoY CC) and narrowed full-year FY26 guidance to 4.5–5% CC growth. The Q4 result will confirm full-year performance.
What analysts want from Q4: FY27 guidance range. After a year of cautious IT spending, will Infosys guide 6–8% growth for FY27 (indicating enterprise confidence recovery) or maintain a conservative 4–6% range?
The guidance number will set sentiment for all Indian IT stocks for the next quarter.
Reliance Q4 EBITDA and Jio ARPU (April 24)
Reliance Industries' Q4 is a multi-segment story. The three moving parts:
- Jio: Average Revenue Per User (ARPU) — has been rising post tariff hikes. Q4 will confirm if the trajectory continues.
- Retail: Q3 showed signs of recovery after a few soft quarters. Q4 is seasonally important for retail.
- O2C (Oil-to-Chemicals): Refining margins in Q4 were under pressure from global crude volatility and US tariff uncertainty affecting petrochemical demand.
Reliance's board typically meets around results to consider dividend — that announcement will also move the stock.
IT Sector Context for This Week
Q4 FY26 IT earnings so far:
- TCS: ₹70,698 crore revenue, 25.3% margin (4-year high), $12B TCV record — Full analysis →
- Wipro: $2.65B revenue (+0.2% QoQ CC), ₹15,000 cr buyback, Q1 FY27 guided -2% to 0% — Full analysis →
Infosys and Tech Mahindra this week will complete the picture for the Tier-1 IT sector.
Where to Follow Results Live
As each company reports and holds its earnings call, StockMirror's AI analysis processes the transcript and publishes:
- Management Sentiment and Confidence signals
- Revenue driver breakdown (Volume / Price / Mix / Execution)
- Full Q&A tone analysis — direct, confident, or evasive
- All analyst questions and management answers
Track this week's earnings → StockMirror Market Calendar
Related Articles
- TCS Q4 FY26 Results — $12B TCV Record
- Wipro Q4 FY26 Results — ₹15,000 Cr Buyback
- India Stock Market Earnings Calendar Guide
Disclaimer: Earnings dates sourced from NSE/BSE announcements and are subject to change. Verify on BSE/NSE before trading decisions. Not financial advice.