Q1 Results today: More than 80 listed companies, including NTPC, Tata Consumer Products, Bank of Baroda, SAIL, REC and SBI Life Insurance, are set to announce their Q1 FY27 results today, Friday, July 24, making it one of the busiest days of the ongoing earnings season.
Apart from quarterly earnings, investors will closely monitor management commentary on business outlook, profit growth and dividend announcements, which could trigger stock-specific movement. Market participants will also watch for FY27 guidance, interim dividend declarations and commentary on demand trends across sectors.
Some other companies scheduled to report their June quarter earnings today include Shriram Finance, Hindustan Zinc, REC, CG Power, Jindal Steel, Bank of India, Laurus Labs, Lodha Developers, Welspun Corp, Container Corporation of India (ConCor), Dalmia Bharat, Dr Lal PathLabs, KFin Technologies and New India Assurance.
On Thursday, domestic benchmark indices extended losses for the fourth straight session amid rising crude oil prices and geopolitical uncertainty. The Sensex declined 363.66 points, or 0.47%, to close at 76,391.39, while the Nifty 50 fell 126.65 points, or 0.53%, to settle at 23,869.60.
Bank of Baroda Q1 preview
According to Motilal Oswal Financial Services (MOFSL), Bank of Baroda is expected to report a 13.3% year-on-year (YoY) increase in net interest income (NII) to ₹12,950 crore in the June quarter.
The brokerage estimates the bank’s net profit to grow 13.8% YoY to ₹5,170 crore. Loan growth is expected at 22.2% YoY, driven by strong growth in the Retail, Agriculture and MSME (RAM) portfolio as well as MSME lending.
MOFSL expects the bank’s credit cost to remain in the 0.4%-0.5% range. However, it projects the net interest margin (NIM) to decline 9 basis points sequentially, primarily due to the absence of income tax refund benefits, with margins expected to settle at the lower end of the guided range.
The brokerage has maintained a ‘Neutral’ rating on the stock with a target price of ₹300.
Brokerages expect SBI Life Insurance to report an expansion in Value of New Business (VNB) margin to 28% in Q1 FY27, compared with 27% in the corresponding quarter last year, supported by a favourable product mix with a higher contribution from non-par and protection products. However, continued investments in distribution are expected to partially offset the benefit.
The company’s Annualised Premium Equivalent (APE) growth is expected to remain in the single digits during the June quarter due to a relatively slower Unit-Linked Insurance Plan (ULIP) segment and the high base of Q1 FY26.
Brokerages also expect gross premium income to increase 13%-14% YoY during the quarter, which is likely to support the insurer’s overall financial performance.
List of companies announcing Q1 FY27 results today –
SBI Life Insurance Company
CG Power and Industrial Solutions
SBI Cards & Payment Services
Container Corporation of India
New India Assurance Company
ZF Commercial Vehicle Control Systems India
OneSource Specialty Pharma
Orissa Minerals Development Company
Dolphin Offshore Enterprises (I)
Associated Alcohol and Breweries
Ratnaveer Precision Engineering
Shree Digvijay Cement Company
Automotive Stampings and Assemblies
Poona Dal and Oil Industries
Vivanta Industries Limited
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
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