Q4 FY26 Earnings Results

EPS surpriseProfit growth (YoY)Sales growth (YoY)Profit (₹ Cr)Revenue (₹ Cr)

#	Company	Revenue (₹ Cr)	Sector	Revenue (₹ Cr)	Profit (₹ Cr)
🥇	RELIANCE Reliance Industries Ltd	2,94,059	Petroleum Products	2,94,059	20,589
🥈	LICI Life Insurance Corporation of India	2,76,744	Insurance	2,76,744	23,467
🥉	RAJESHEXPO Rajesh Exports Ltd	2,36,864	Consumer Goods	2,36,864	−54
4	IOC Indian Oil Corporation Ltd	2,08,289	Petroleum Products	2,08,289	15,176
5	ONGC Oil & Natural Gas Corpn Ltd	1,73,801	Oil & Gas	1,73,801	13,678
6	BPCL Bharat Petroleum Corporation Ltd	1,18,701	Petroleum Products	1,18,701	5,625
7	HINDPETRO Hindustan Petroleum Corporation Ltd	1,14,937	Petroleum Products	1,14,937	6,065
8	TMPV Tata Motors Passenger Vehicles Ltd	1,05,447	Automobiles	1,05,447	5,878
9	LT Larsen & Toubro Ltd	82,762	Industrials	82,762	6,133
10	HINDALCO Hindalco Industries Ltd	78,133	Metals & Mining	78,133	2,597
11	TCS Tata Consultancy Services Ltd	70,698	Information Technology	70,698	13,784
12	TATASTEEL Tata Steel Ltd	63,270	Metals & Mining	63,270	2,965
13	BHARTIARTL Bharti Airtel Ltd	55,383	Telecom	55,383	9,247
14	M&M Mahindra & Mahindra Ltd	54,982	Automobiles	54,982	5,260
15	MARUTI Maruti Suzuki India Ltd	52,462	Consumer Discretionary	52,462	3,659
16	JSWSTEEL JSW Steel Ltd	51,180	Commodities	51,180	19,243
17	GRASIM Grasim Industries Ltd	51,101	Construction	51,101	3,684
18	NTPC NTPC Ltd	49,686	Power	49,686	10,615
19	COALINDIA Coal India Ltd	46,490	Energy	46,490	10,908
20	INFY Infosys Ltd	46,402	Information Technology	46,402	8,509
21	GAIL GAIL (India) Ltd	35,577	Energy	35,577	1,481
22	MOTHERSON Samvardhana Motherson International Ltd	34,309	Automobiles	34,309	1,562
23	HCLTECH HCL Technologies Ltd	33,981	Information Technology	33,981	4,490
24	REDINGTON Redington Ltd	33,213	Commercial Services	33,213	288
25	ADANIENT Adani Enterprises Ltd	32,439	Metals & Mining	32,439	−167

About the Q4 FY26 leaderboard

What does the Q4 FY26 earnings leaderboard rank?

Companies ranked on one measure at a time — EPS surprise against consensus, profit growth, revenue growth, or absolute profit and revenue. Ranking is computed over every company that reported the quarter, not just the ones on the first page of the grid.

Which companies can appear in the EPS surprise ranking?

Surprise is measured against an analyst estimate, and only 401 companies had one for Q4 FY26. A company nobody covers has no surprise to report, so it sorts below every company that does rather than being ranked at zero — in practice the ranking is filled by covered companies.

Is a large percentage growth figure always a good result?

No. A company recovering from a very small base can post several hundred percent growth on a modest absolute gain, which is why absolute revenue and profit are shown beside the growth figure. Growth measured from a loss-making base is excluded entirely rather than published as a large number.

Why do some Q4 FY26 growth figures show "n/a" instead of a percentage?

Growth is left blank whenever the comparison period was not profitable. A percentage change measured from a loss is arithmetic without meaning — a swing from a ₹10 crore loss to a ₹10 crore profit is not "200% growth", and publishing it as such would flatter the company. The reported figures for both periods are still shown, so the change is there to read directly.

Does the beat/miss verdict cover every company?

No, and the denominator matters. An analyst consensus existed for 401 of the 5,781 companies that reported Q4 FY26 — 6.9%. Beat, missed and in-line describe only those. Every other company is marked "no estimate" rather than being counted as in line, because nobody forecast it. Revenue and profit growth, by contrast, cover every company in the table.

What counts as an in-line result rather than a beat or a miss?

Reported earnings per share within ±2% of the consensus estimate. The band is set there because a tighter one classifies rounding as news, and a wider one swallows surprises that genuinely moved a stock.

Are the figures consolidated or standalone?

Consolidated where a company reports on that basis, standalone otherwise, with all money in ₹ crore. Figures are as filed by the company with the exchanges (NSE/BSE); they are not restated or adjusted.

Figures are as reported by companies in their quarterly filings to the exchanges (NSE/BSE), in ₹ crore. Consolidated results are shown where a company reports them, otherwise standalone. Year-on-year and quarter-on-quarter growth is omitted where the comparison period was loss-making, since a percentage change from a negative base is not meaningful. Analyst consensus is an estimate, not a forecast of outcome.