Q3 Results 2026: Over 400 Firms to Announce Earnings Today, Key Previews

Q3 Results 2026: Over 400 Companies to Announce Earnings on February 12

The third quarter results for the fiscal year 2026 are poised for a significant release, with more than 400 companies scheduled to announce their financial performance for the quarter ending December 31, 2025, on Thursday, February 12. This marks a crucial phase in the earnings season, drawing attention from investors and analysts alike.

Key Companies in Focus

Among the prominent firms set to declare their Q3 earnings today are Hindustan Unilever, Hindustan Aeronautics Limited (HAL), Oil and Natural Gas Corporation (ONGC), Hindalco Industries, Indian Hotels Company, Bharat Forge, Muthoot Finance, Lupin, Biocon, and IRCTC. These companies span various sectors, including consumer goods, aerospace, energy, metals, hospitality, and pharmaceuticals, making today's announcements highly anticipated across the market.

Market Expectations and Analyst Insights

According to Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services, the markets are expected to witness a gradual uptick in activity. He noted that stock-specific movements are likely to intensify as the Q3 earnings season approaches its final phase, providing opportunities for investors to reassess their portfolios based on corporate performance.

On the preceding Wednesday, the Indian stock market closed on a subdued note amid profit booking. The benchmark Nifty 50 managed to stay above the 25,950 mark, while the Sensex slipped 40.28 points, or 0.05%, to end at 84,233.64. The Nifty 50 edged up 18.70 points, or 0.07%, settling at 25,953.85, reflecting cautious trading ahead of the earnings announcements.

Detailed Previews for Major Companies

Hindustan Unilever Q3 Results Preview: Motilal Oswal anticipates that HUL's organic business will deliver 4% revenue growth, driven by 3% volume growth. The brokerage firm highlighted that the transitory impact of GST rate rationalization, which affected 40% of HUL's portfolio, weighed on the first half of the quarter. They model revenue growth of 3% in home care and personal care each, 8% in Beauty and Wellbeing, and 2% in Food & Beverages.

Hindustan Aeronautics Q3 Results Preview: The brokerage expects revenue growth of 13% year-over-year, fueled by healthy execution of the opening order book. Additionally, it anticipates the EBITDA margin to expand by 80 basis points YoY as supply chain issues ease. Key focus areas include the execution of a substantial order backlog, any major provisions, incremental inflows, and margin performance. Monitorables will cover the status of deliveries for Tejas Mk1A and HTT-40, updates on export strategies, CATS warrior drone systems, and the working capital cycle.

Indian Hotels Q3 Results Preview: Kotak Institutional Equities projects consolidated revenues of Rs 27 billion, representing a 6% year-over-year increase, with an EBITDA margin of 38%. The firm builds in 6% YoY average room rate growth and occupancy of 78%, flat YoY, taking into account disruptions in December due to Indigo flights, despite healthy performance in the first two months of the quarter.