Q3 FY26 Earnings Season Enters Fifth Week with Over 170 Companies Reporting
The fifth week of the Q3 FY26 earnings season is set to commence with significant momentum, as approximately 170 companies are scheduled to release their financial results for the quarter ending December 31, 2025. This wave of corporate disclosures includes prominent names such as BSE Limited, Zydus Lifesciences, Aurobindo Pharma, Bajaj Electricals, Bata India, Happiest Minds Technologies, Navin Fluorine International, P N Gadgil Jewellers, and Sun Pharma Advanced Research Company, among others. The announcements are expected to provide critical insights into the health of various sectors and influence market trends in the coming days.
Market Closes Higher Ahead of Earnings Rush
On Friday, the Indian stock market concluded the trading session on a positive note, buoyed by selective buying in heavyweight stocks following the Reserve Bank of India's policy decision. The benchmark indices recorded gains, with the Sensex climbing 266.47 points, or 0.32%, to close at 83,580.40. Similarly, the Nifty 50 index gained 50.90 points, or 0.20%, finishing at 25,693.70. This upward movement reflects investor optimism as the earnings season progresses, setting a favorable backdrop for the upcoming corporate results.
Analyst Previews for Key Companies
Brokerage firms have released detailed previews for several major companies ahead of their Q3 FY26 results, offering expectations on performance metrics.
Zydus Lifesciences: Motilal Oswal anticipates revenue growth of 20.9% year-over-year (YoY), driven by a robust performance in the base business and the full-quarter impact of recent acquisitions. The firm projects low single-digit growth of approximately 5.9% YoY in the US market, supported by new product launches. Additionally, domestic formulation growth is expected to be around 11% YoY, primarily fueled by chronic therapies such as cardiac and respiratory treatments. A key area to watch will be the expansion of the Comfort Click franchise into new markets.
Aurobindo Pharma: Kotak Institutional Equities forecasts that Aurobindo Pharma's ex-gRevlimid US sales will increase by 4% quarter-over-quarter (QoQ) in Q3 FY26. The firm expects US injectables sales to rise by 2% QoQ to $93 million, contributing to an overall US sales growth of 3% QoQ to $430 million for the quarter. In the European Union, a 12% YoY growth is anticipated, while the antiretroviral segment may see a 3% YoY sales decline. For the rest of the world markets, flat YoY sales growth is projected. Overall, Kotak expects Aurobindo Pharma's revenues to grow by 6% YoY, representing a 2% QoQ increase.
Bata India: Motilal Oswal believes that revenue growth will remain subdued at 2% YoY due to weak consumer sentiment. However, the firm anticipates an expansion in EBITDA margin by 80 basis points YoY, largely attributed to accounting changes for royalty. Adjusted profit after tax is expected to decline by 3% YoY, primarily due to operating deleverage.
Comprehensive List of Companies Declaring Results Today
Here is an extensive list of companies scheduled to declare their Q3 FY26 results on Monday, February 9, 2026. This lineup spans various industries, including pharmaceuticals, manufacturing, finance, and technology, highlighting the broad-based nature of this earnings phase.
- BSE Limited (BSE)
- Zydus Lifesciences (ZYDUSLIFE)
- Aurobindo Pharma (AUROPHARMA)
- Linde India (LINDEINDIA)
- GlaxoSmithKline Pharmaceuticals (GLAXO)
- KPR Mill (KPRMILL)
- Navin Fluorine International (NAVINFLUOR)
- Cholamandalam Financial Holdings (CHOLAHLDNG)
- The Ramco Cements (RAMCOCEM)
- Amber Enterprises India Limited (AMBER)
- Pfizer (PFIZER)
- Neuland Laboratories (NEULANDLAB)
- Trident (TRIDENT)
- Jain Resource Recycling (JAINRES)
- Graphite India (GRAPHITE)
- Sansera Engineering (SANSERA)
- Bata India (BATAINDIA)
- Privi Speciality Chemicals (PRIVISCL)
- Happy Forgings (HAPPYFORGE)
- Embassy Developments (EMBASSY)
- Jyothy Labs (JYOTHYLAB)
- Apollo Micro Systems (APOLLO)
- Lloyds Enterprises (LLOYDSENT)
- Genus Power Infrastructures (GENUSPOWER)
- P N Gadgil Jewellers (PNGJL)
- Sri Lotus Developers and Realty (LOTUSDEV)
- Gujarat State Fertilizers & Chemicals (GSFC)
- Aarti Pharmalabs (AARTIPHARM)
- Suprajit Engineering (SUPRAJIT)
- Happiest Minds Technologies (HAPPSTMNDS)
- PNC Infratech (PNCINFRA)
- Dynamatic Technologies (DYNAMATECH)
- ISGEC Heavy Engineering (ISGEC)
- Gulf Oil Lubricants India (GULFOILLUB)
- Supriya Lifescience (SUPRIYA)
- HMT (HMT)
- Ceigall India (CEIGALL)
- Sky Gold and Diamonds (SKYGOLD)
- Texmaco Rail and Engineering (TEXRAIL)
- Axiscades Technologies (AXISCADES)
- Bajaj Electricals (BAJAJELEC)
- Kaveri Seed Company (KSCL)
- India Tourism Development Corporation (ITDC)
- Sun Pharma Advanced Research Company (SPARC)
- Route Mobile (ROUTE)
- Electronics Mart India (EMIL)
- Indostar Capital Finance (INDOSTAR)
- Rolex Rings (ROLEXRINGS)
- Vadilal Industries (VADILALIND)
- Bharat Bijlee (BBIL)
- Enviro Infra Engineers (ENVIRINFR)
- Jubilant Agri and Consumer Products (JUBLINDS)
- Muthoot Microfin (MUTHOOTMF)
- AGI Infra (AGIIL)
- Man Industries (India) (MANINDS)
- NRB Bearings (NRBBEARING)
- Marsons (MARSONS)
- TCPL Packaging (TCPLPACK)
- Venkys (VENKEYS)
- Taj GVK Hotels & Resorts (TAJGVK)
- Uniparts India (UNIPARTS)
- EIH Associated Hotels (EIHAHOTELS)
- Alpex Solar (ALPEXSOLAR)
- M & B Engineering (MBEL)
- Ceinsys Tech (CEINSYSTECH)
- India Pesticides (IPL)
- Thejo Engineering (THEJO)
- Mold-Tek Packaging (MOLDTKPAC)
- All Time Plastics (ATPL)
- RIR Power Electronics (RIR)
- Magellanic Cloud (MAGELLANIC)
- JNK India (JNKINDIA)
- Jyoti Resins and Adhesives (JYOTIRES)
- Signpost India (SIGNPOST)
- PNGS Gargi Fashion Jewellery (GARGI)
- Nelcast (NELCAST)
- Abans Financial Services (ABANS)
- Vascon Engineers (VASCONEQ)
- Fermenta Biotech (FERMENTA)
- TGV Sraac (TGVSL)
- GIC Housing Finance (GICHSGFIN)
- Arihant Capital Markets (ARIHANTCAP)
- BCL Industries (BCLIND)
- Saurashtra Cement (SAURASHCEM)
- Fredun Pharmaceuticals Limited (FREDUN)
- Permanent Magnets (PERMAGNET)
- Credo Brands Marketing (MUFTI)
- Anlon Healthcare (ANLON)
- South West Pinnacle Exploration (SOUTHWEST)
- Visaka Industries (VISAKAIND)
- Dreamfolks Services (DREAMFOLKS)
- Donear Industries (DONEAR)
- Focus Lighting & Fixtures (FOCUS)
- Manbro Industries (MANBRO)
- Supreme Power Equipment (SUPREME)
- Bemco Hydraulics (BEMCO)
- INDO SMC (INDOSMC)
- Zodiac Energy (ZODIAC)
- Lords Chloro Alkali (LORDSCHLO)
- Atlantaa (ATLANTAA)
- Asarfi Hospital (ASARFI)
- Nicco Park and Resorts (NICCOPARK)
- Mangal Credit and Fincorp (MANGAL)
- FCS Software Solutions (FCSSOFT)
- Harrisons Malayalam (HARRMALAYA)
- RDB Real Estate Constructions (RDBRIL)
- Sintercom India (SINTERCOM)
- Sumit Woods (SUMIT)
- Northern Spirits (NSP)
- Atvo Enterprises (ATVO)
- Shree Ajit Pulp and Paper (SHREEAJIT)
- CHL (CHL)
Disclaimer: This article is intended for educational purposes only. Readers are advised to consult with a qualified investment advisor before making any financial decisions.
