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.
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
Here’s a look at the most watched companies releasing their earnings on July 10:
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 TCS’s 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.
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.
Sector: Renewable Energy Finance
IREDA’s 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.
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.
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.
India’s 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.
As a mining and construction equipment manufacturer, Q1 results will depend on capital goods demand. Look for cues on order inflow and export performance.
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.
This early earnings cluster provides investors with key signals across several sectors. It’s a rare alignment of IT, renewables, manufacturing, cable TV, and wealth management companies reporting on the same day.
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.
What’s Next?
Bookmark this page or follow our Q1 FY26 Earnings Tracker as we cover major announcements, stock movements, and company insights throughout July.
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