Maruti Suzuki, Vedanta, Adani Enterprises, and HUL Earnings: Key Companies to Report Q4 Results Next Week
Q4 Earnings Season Enters Third Week with 200 Companies Scheduled to Report
The Q4 earnings season is entering its third week, with over 200 companies scheduled to release their financial results for the year ending on March 31, 2026. Several marquee companies, including Maruti Suzuki, UltraTech Cement, Eternal (Zomato), Adani Enterprises, Hindustan Unilever, Kotak Mahindra Bank, and Coal India, are set to declare their Q4 results next week.
Market experts are closely tracking the earnings season, with Ponmudi R, CEO of Enrich Money, predicting that it will act as a key catalyst for stock-specific price action. The performance of heavyweight stocks and key sectors will remain critical in influencing the overall index direction. According to Ponmudi, the sustainability of any upmove will depend on geopolitical de-escalation, moderation in crude oil prices, and sustained buying interest.
| Company | Q4 Results Preview |
|---|---|
| Maruti Suzuki | MSIL margins to decline 60bps QoQ to 11.8%, 7% YoY PAT growth |
| Eternal | 20% YoY growth in food delivery GMV, 99% YoY growth in Blinkit NMV |
| Hindustan Unilever | 6% YoY LFL revenue growth, 5% UVG growth |
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Brokerage firm Motilal Oswal anticipates Maruti Suzuki's MSIL margins to decline 60bps QoQ to 11.8% and post 7% YoY PAT growth in the fourth quarter. The firm expects volume growth to be healthy at 12% YoY, led by steady demand, but upside to be capped by capacity constraints.
Brokerage firm Kotak Institutional Equities expects Eternal to post 20% YoY growth in food delivery GMV and 99% YoY growth in Blinkit NMV. The firm anticipates 30 bps QoQ expansion in CM and 20 bps QoQ expansion in the EBITDA margin of the food delivery business to 8.8% and 4.6%, respectively.
Kotak Institutional Equities also expects Hindustan Unilever to post 6% YoY LFL revenue growth driven by 5% UVG growth. The firm estimates 4.5% YoY growth in home care, 6.3% YoY growth in BPC, and HSD UVG/USG in F&R excluding ice creams.
Here is the complete list of companies scheduled to report their Q4 results 2026 from April 27 to May 2:
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- April 27
- April 28
- April 29
- April 30
- May 1
- May 2
Investor Takeaway
Investors should closely track the Q4 results of these key companies to reassess earnings visibility and valuation comfort.
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