The third quarter (Q3) earnings season for the fiscal year 2026 is set to begin, with several prominent companies scheduled to declare their financial results next week. Some of the notable companies that will be announcing their Q3 earnings include BHEL, Indigo, Kotak Bank, BPCL, and Adani Green.
Bharat Heavy Electricals Limited (BHEL): The state-owned engineering and manufacturing company is expected to report a significant improvement in its profitability due to a surge in demand for its products and services. Analysts are expecting BHEL to post a net profit of around ₹500-600 crore for the quarter ended December 2025.
InterGlobe Aviation (Indigo): The low-cost carrier is likely to report a strong set of numbers, driven by a recovery in air travel demand and an increase in passenger traffic. The company is expected to post a net profit of around ₹800-1,000 crore for the quarter.
Kotak Mahindra Bank: The private sector lender is expected to report a moderate growth in its net profit, driven by a rise in interest income and a stable asset quality. Analysts are expecting the bank to post a net profit of around ₹2,500-3,000 crore for the quarter.
Bharat Petroleum Corporation Limited (BPCL): The state-owned oil refiner is likely to report a significant decline in its net profit due to a sharp fall in refining margins and a rise in crude oil prices. The company is expected to post a net profit of around ₹1,500-2,000 crore for the quarter.
Adani Green Energy: The renewable energy company is expected to report a strong set of numbers, driven by a rise in electricity generation and a stable operational performance. Analysts are expecting the company to post a net profit of around ₹200-300 crore for the quarter.
Other companies that are scheduled to declare their Q3 earnings next week include Larsen & Toubro, Axis Bank, and Tata Motors, among others. The Q3 earnings season is expected to be a crucial indicator of the overall health of the Indian economy, with investors and analysts closely watching the performance of these companies to gauge the trends and outlook for the future. The results will also provide insights into the impact of various macroeconomic factors, such as inflation, interest rates, and global economic trends, on the performance of these companies.