Q4 Results Today Live (April 27, 2026): M&M and Axis Bank Earnings in Focus

Reliance Industries reported a 12.6% decline in consolidated net profit for the March quarter. The stock traded at Rs. 1,326.80 after opening at Rs. 1,313, remaining under pressure as profitability weakened.

IndusInd Bank reported a net profit of Rs. 533 crore, beating estimates of Rs. 420.4 crore and recovering from a loss of Rs. 2,329 crore last year. Gross NPA improved to 3.43% from 3.56% QoQ, while net NPA stood at 1.00%.

UltraTech Cement is expected to report a 14% rise in net profit to Rs. 2,818 crore for Q4FY26, compared to Rs. 2,482 crore last year. Improved realizations and lower costs are likely to support earnings, keeping the stock in focus.

Axis Bank shares declined nearly 5% to around Rs. 1,326.50 after reporting a marginal drop in net profit to Rs. 7,071 crore from Rs. 7,117.50 crore last year. Net interest income stood at Rs. 14,458 crore, while provisions rose sharply to Rs. 3,522 crore, up 57% QoQ, impacting profitability.

Mahindra & Mahindra Financial Services shares gained 8% to Rs. 318.90, hitting a high of Rs. 331. The company reported a standalone net profit of Rs. 872.98 crore, compared to Rs. 563.14 crore in Q4FY25. It declared a dividend of Rs. 7.50 per share and raised borrowing limits to Rs. 1,75,000 crore.

Tanla Platforms rallied over 15% to Rs. 560 before easing to Rs. 535.30. The company reported a net profit of Rs. 134.32 crore for Q4FY26, up from Rs. 117.33 crore a year ago. It also announced an interim dividend of Rs. 6 per share, boosting investor confidence.

Shriram Finance shares fell nearly 5% to Rs. 963.75 even after reporting a 41% year-on-year jump in standalone net profit to Rs. 3,014 crore from Rs. 2,139 crore last year. The strong growth was driven by expansion in commercial vehicle, passenger vehicle, farm equipment, and gold loan segments, but concerns around asset quality and margins weighed on sentiment.

Lodha Developers reported a consolidated net profit of Rs. 1,008.1 crore for Q4FY26, compared to Rs. 922.8 crore last year. The company recommended a final dividend of Rs. 4.25 per share. Shares traded 1.6% higher at Rs. 854.35, touching an intraday high of Rs. 860, indicating steady investor confidence.

Varun Beverages posted a consolidated net profit of Rs. 878.7 crore for the March quarter, up from Rs. 731.35 crore a year ago. The board declared an interim dividend of Rs. 0.50 per share. The stock traded at Rs. 498.05 on the NSE, showing stable traction as investors factor in consistent profitability and cash returns.

Supreme Industries reported a consolidated net profit of Rs. 433.57 crore for Q4FY26, compared to Rs. 293.94 crore in the same quarter last year. The company announced a final dividend of Rs. 25 per share. Following the announcement, the stock gained 2.5% and traded at Rs. 3,740.70 on the NSE, reflecting positive investor sentiment supported by strong earnings growth.