As the first wave of quarterly earnings for FY26 begins, July 10 is set to be a key day for Indian markets. At least 17 companies, including TCS, Tata Elxsi, IREDA, Anand Rathi Wealth, and Oswal Pumps, will release their Q1 results today.
Investors and analysts are watching this day closely. Early numbers from these companies could set the tone for the rest of the earnings season and provide early signals on sector performance, margins, and business confidence going into the rest of the year.
What to Expect from Q1 FY26 Results
Why does Q1 matter?
Q1 results typically reflect post-year-end adjustments, early business momentum, and spending patterns after the Union Budget. This year, Q1 FY26 gains added significance as companies react to interest rate stability, election outcomes, and export demand.
The focus will be on:
Revenue growth trends
Cost and margin pressures
Dividend declarations
Sector-specific demand outlook
Major Companies Announcing Earnings Today
Heres a look at the most watched companies releasing their earnings on July 10:
1. Tata Consultancy Services (TCS)
Sector: IT Services
TCS will be the highlight of the day. As a bellwether of the IT industry, its Q1 numbers are expected to offer early clues on client spending across the US and Europe. The market will look closely at TCSs deal pipeline, digital revenue share, attrition, and margin management.
Dividend Update:
TCS has confirmed that its board will consider an interim dividend today. If approved, it will be paid to shareholders on record as of Wednesday, July 16, 2025.
2. Tata Elxsi
Sector: Design and Tech Services
Tata Elxsi is likely to show continued demand in automotive and medical engineering segments. Analysts expect the company to maintain growth despite pricing pressure in global markets. Any update on AI-driven solutions or partnerships may move the stock.
3. Indian Renewable Energy Development Agency (IREDA)
Sector: Renewable Energy Finance
IREDAs results are being closely followed as India scales up its green energy investment. Key indicators include loan disbursement, new project approvals, and asset quality. Growth in rooftop solar and wind project funding will be a metric to watch.
4. Anand Rathi Wealth
Sector: Financial Services
Anand Rathi Wealth continues to grow its footprint in wealth management. Q1 numbers will highlight client acquisition, assets under management (AUM), and operating profit.
5. Oswal Pumps
Sector: Solar Water Pumps & Infrastructure
As a vertically integrated solar pump manufacturer, Oswal Pumps earnings will reflect government project orders and rural infrastructure demand. Expect insights into supply chain costs and export revenue.
Full List of Companies Releasing Q1 FY26 Results on July 10
Company Name | Sector |
Tata Consultancy Services (TCS) | IT Services |
Tata Elxsi Ltd | Tech & Design |
Indian Renewable Energy Development Agency (IREDA) | Renewable Finance |
Anand Rathi Wealth Ltd | Financial Services |
Oswal Pumps Ltd | Solar Infrastructure |
GTPL Hathway Ltd | Cable & Broadband |
Eimco Elecon (India) Ltd | Mining Equipment |
Netlink Solutions India Ltd | B2B Solutions |
International Travel House Ltd | Travel & Hospitality |
Stellant Securities (India) Ltd | Consulting & Advisory |
TeleCanor Global Ltd | System Software |
ACE Edutrend Ltd | Education |
AJEL Ltd | IT and Engineering |
Atharv Enterprises Ltd | Trading |
Futura Polyesters Ltd | Plastics & Polymers |
Groarc Industries India Ltd | Industrial Goods |
Silverline Technologies Ltd | Software Services |
Spotlight: GTPL Hathway, Eimco Elecon & Others
GTPL Hathway
Indias regional broadband and cable network provider is expected to post stable subscription revenue. Investor focus will be on ARPU (Average Revenue per User) and subscriber growth, especially in non-metro regions.
Eimco Elecon (India)
As a mining and construction equipment manufacturer, Q1 results will depend on capital goods demand. Look for cues on order inflow and export performance.
TeleCanor Global
This small-cap software company is expected to share updates on licensing income and new software installations. Investors should track debt levels and operating costs.
Why Investors Should Watch This Day Closely
This early earnings cluster provides investors with key signals across several sectors. Its a rare alignment of IT, renewables, manufacturing, cable TV, and wealth management companies reporting on the same day.
Key Things to Watch:
Will TCS announce a dividend?
Is Tata Elxsi growing faster than mid-cap peers?
Can IREDA scale loan approvals beyond 10,000 crore this quarter?
Are rural infrastructure stocks like Oswal Pumps getting re-rated?
Which companies offer FY26 guidance?
Broader Q1 Earnings Calendar This Week
Apart from the July 10 batch, other notable companies set to announce their Q1 FY26 results this week include:
Avenue Supermarts (D-Mart operator)
Elecon Engineering Company
Aditya Birla Money
Nath Bio-Genes
Rajoo Engineers
These results will provide broader clarity on consumer sentiment, capital goods spending, and retail stock health.
Key Takeaways
TCS, Tata Elxsi, and IREDA lead a group of 17 companies announcing results today (July 10).
Investors should watch for early sector signals, especially in IT, renewables, and rural infrastructure.
Dividend updates, earnings guidance, and order books will drive near-term sentiment.
This is a critical day for analysts tracking Q1 FY26 earnings trends and sectoral confidence.
Whats Next?
Bookmark this page or follow our Q1 FY26 Earnings Tracker as we cover major announcements, stock movements, and company insights throughout July.
Read also: HAL, BEL & Data Patterns: 3 Defence Stocks Riding India's 50,000 Cr Export Ambition
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