Q4 Results Calendar: Over 1,500 Companies Including LIC, Bosch, Bajaj Auto Set to Report Earnings This Week

The final week of May 2025 promises to be one of the most action-packed periods for Indian equity markets as over 1,500 companies prepare to announce their fourth-quarter and full-year FY25 results. This earnings bonanza will provide crucial insights into corporate India's performance across diverse sectors including insurance, pharmaceuticals, manufacturing, automobiles, and consumer goods.

Market Heavyweights Leading the Earnings Parade

Several blue-chip companies are scheduled to report their financial performance, making this week a critical period for investors and market analysts. Key names include Life Insurance Corporation of India (LIC), automotive technology leader Bosch, two-wheeler manufacturer Bajaj Auto, railway services provider IRCTC, and beauty e-commerce platform Nykaa.

The healthcare sector will be well-represented with Apollo Hospitals, while the pharmaceutical industry will see multiple players including Aurobindo Pharma, Alkem Laboratories, and Ipca Laboratories sharing their quarterly numbers.

Monday, May 26: Strong Start with 205+ Companies

The earnings week kicks off with results from more than 205 companies, featuring a diverse mix of mid-cap and sector-specific players. Notable announcements include:

• General Insurance Corporation of India - Major reinsurer providing insurance sector insights
• Aurobindo Pharma - Key pharmaceutical exporter representing the pharma sector
• Sundaram Finance - Financial services player offering NBFC sector perspective
• Blue Dart Express - Logistics sector representative
• Nazara Technologies - Gaming and digital media company

Tuesday, May 27: Peak Activity with 285+ Companies

Tuesday emerges as a high-impact day with over 285 companies scheduled to report. The day will be dominated by heavyweight announcements:

• Life Insurance Corporation of India (LIC) - Insurance sector bellwether
• Info Edge India - Digital platforms operator in recruitment and real estate
• Bosch - Engineering and automotive technology leader
• NMDC and Hindustan Copper - Mining sector representatives
• JK Lakshmi Cement - Construction sector insights

Wednesday, May 28: Busiest Day with 359 Companies

Wednesday stands out as the busiest earnings day with approximately 359 companies reporting results. Major highlights include:

• IRCTC - Railway ticketing and services giant
• Cummins India - Industrial equipment manufacturer
• Steel Authority of India (SAIL) - Steel sector representative
• Bata India - Consumer footwear brand
• Deepak Nitrite - Chemical manufacturing sector

The day will also feature earnings from diversified players like 3M India, providing insights into both industrial and consumer demand trends across multiple segments.

Thursday, May 29: Automotive and Energy Focus

Thursday brings results from around 320 companies with strong representation from automotive and energy sectors:

• Bajaj Auto - Two-wheeler manufacturing giant
• Samvardhana Motherson International - Auto components supplier
• Suzlon Energy - Renewable energy sector player
• Prestige Estates Projects - Real estate development
• SJVN - Energy PSU providing power sector insights

Friday, May 30: Grand Finale with 339 Companies

The earnings season concludes on Friday with approximately 339 companies releasing their results, featuring several marquee names:

• Apollo Hospitals Enterprises - Healthcare sector leader
• FSN E-Commerce Ventures (Nykaa) - Beauty e-commerce platform
• Bajaj Holdings & Investment - Investment holding company
• AstraZeneca Pharma - Pharmaceutical major
• Swan Energy - Energy and infrastructure player

Sector-Wise Representation and Market Impact

This comprehensive earnings calendar covers virtually every major sector of the Indian economy. The pharmaceutical sector will be extensively represented with multiple companies reporting, providing insights into the post-pandemic healthcare landscape.

The automotive sector will see significant coverage through Bajaj Auto, Bosch, and various component manufacturers, offering perspectives on the recovery in vehicle demand and the transition to electric mobility.

Financial services and insurance sectors will be highlighted by LIC's results, which will be particularly watched given its massive market presence and recent public listing performance.

Investment Implications and Market Outlook

This extensive earnings calendar presents both opportunities and challenges for investors. The sheer volume of results will provide comprehensive insights into corporate India's financial health and future growth prospects.

Investors should pay particular attention to commentary from management teams regarding future outlook, capital expenditure plans, and demand trends in their respective sectors. The guidance provided by these companies will be crucial in shaping market sentiment for the upcoming quarters.

The diverse representation across sectors makes this week's earnings particularly valuable for portfolio allocation decisions and sector rotation strategies.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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NMDC Q4 Results: Net Profit Surges 5% to ₹1,483 Crore, Revenue Climbs 8% YoY

India's leading iron ore mining company, NMDC, has delivered a solid performance in the fourth quarter of FY25, demonstrating resilience in a challenging market environment. The state-owned enterprise reported impressive financial metrics that reflect its strategic focus on operational excellence and market expansion.

Strong Financial Performance in Q4 FY25

NMDC's consolidated net profit witnessed a 5% year-on-year growth to ₹1,483.18 crore in the March quarter, compared to ₹1,415.62 crore in Q4 FY24. This growth was primarily driven by robust iron ore and pellet sales revenue, showcasing the company's ability to maintain profitability despite market headwinds.

The company's total income for Q4 FY25 reached ₹7,497.17 crore, marking a 9% increase from ₹6,908.37 crore in the corresponding quarter of the previous year. This revenue growth demonstrates NMDC's strong market position and operational efficiency in the iron ore sector.

Revenue Breakdown and Product Performance

Iron ore sales formed the backbone of NMDC's revenue stream, contributing ₹6,350.49 crore during the quarter. Additionally, pellet sales along with other minerals added ₹662.07 crore to the company's revenue portfolio, highlighting the diversification strategy within the mining operations.

The company's operational metrics showed solid performance with quarterly iron ore production reaching 13.31 million tonnes and sales volume at 12.67 million tonnes, indicating efficient production-to-sales conversion.

Full Year FY25 Performance

Looking at the complete fiscal year, NMDC's performance was even more impressive. The company recorded a net profit increase of over 17% to ₹6,538.82 crore in FY25, compared to ₹5,571.25 crore in FY24. This substantial growth reflects the company's strategic initiatives and operational improvements throughout the year.

Total income for FY25 rose to ₹25,498.84 crore from ₹22,678.73 crore in the previous fiscal, representing consistent growth momentum and market share expansion.

Dividend Declaration and Shareholder Returns

NMDC's Board of Directors has demonstrated confidence in the company's financial position by proposing a final dividend of ₹1 per share, subject to shareholder approval. This comes in addition to the first interim dividend of ₹2.30 per equity share already paid for FY 2024-25.

This dividend policy reflects the company's commitment to providing consistent returns to shareholders while maintaining adequate capital for future growth investments.

Management Outlook and Strategic Vision

Amitava Mukherjee, Chairman and Managing Director of NMDC, emphasized the company's ambitious growth trajectory. The management remains focused on achieving the milestone of 100 million tonnes per annum (MTPA) production within the next five years.

The company's strategic emphasis on innovation, sustainability, and value creation positions it well for long-term growth in the competitive mining sector. Recent initiatives are now translating into tangible financial results, providing confidence in the company's strategic direction.

Market Dynamics and Pricing Trends

NMDC's iron ore prices averaged ₹4,206 per tonne during the quarter, slightly lower than the previous year's average of ₹4,299. This pricing adjustment reflects market dynamics and the company's strategic pricing decisions to maintain competitive positioning.

The company implemented a price reduction in January, aligning with market conditions and customer requirements. Industry analysts suggest further price adjustments may occur in the upcoming quarter, reflecting ongoing market dynamics in the iron ore sector.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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NCLT Postpones Bhushan Power Liquidation Until August Following Supreme Court Interim Relief Order

The National Company Law Tribunal (NCLT) has announced a significant postponement in the liquidation proceedings of Bhushan Power and Steel Ltd (BPSL), deferring the matter until August 1, 2025. This decision follows a Supreme Court directive issued on May 26, 2025, which granted interim relief to JSW Steel and ordered a status quo in the high-profile insolvency case.

The development marks another twist in the complex legal battle surrounding one of India's largest corporate insolvency cases, involving dues exceeding Rs 47,200 crore.

Supreme Court Grants Interim Relief to JSW Steel

The Supreme Court's intervention came after JSW Steel approached the apex court seeking temporary suspension of BPSL's liquidation proceedings. The steel giant requested this pause to file a review petition challenging the court's May 2, 2025 verdict that had quashed its Rs 19,300 crore resolution plan for the bankrupt steel company.

The Supreme Court acknowledged JSW Steel's request and permitted the company to file its review petition within the statutory limitation period. The court noted that allowing liquidation proceedings to continue could potentially compromise the review process and prejudice JSW Steel's legal position.

As a result, the NCLT was specifically directed to maintain the current status quo until further judicial orders, effectively halting all liquidation activities for the time being.

Timeline of the Bhushan Power Resolution Saga

The Bhushan Power case has been a landmark insolvency proceeding spanning nearly eight years:

• 2017: Reserve Bank of India identified BPSL among the first 12 large loan defaulters for resolution under the Insolvency and Bankruptcy Code
• September 2019: NCLT approved JSW Steel's Rs 19,300 crore resolution plan
• February 2020: National Company Law Appellate Tribunal (NCLAT) upheld the resolution plan
• May 2, 2025: Supreme Court struck down the resolution plan citing material non-compliance
• May 26, 2025: Supreme Court granted interim relief to JSW Steel

This chronology illustrates the prolonged legal complexities that have characterized the case, making it one of the most closely watched insolvency proceedings in India.

Grounds for Supreme Court's May 2 Decision

The Supreme Court's decision to quash JSW Steel's resolution plan was based on petitions filed by former promoter Sanjay Singhal and certain operational creditors. The court identified material non-compliance with key provisions of the Insolvency and Bankruptcy Code as the primary reason for striking down the approved plan.

Specifically, the court highlighted the failure to strictly implement the resolution plan within the approved timeline as a critical violation. This non-compliance was deemed sufficient grounds to invalidate the entire resolution process despite its previous approvals by lower tribunals.

New NCLT Bench Takes Charge

The case has been assigned to a newly constituted NCLT bench comprising Justice Ashok Kumar Bhardwaj (judicial member) and Reena Sinha Puri (technical member). This new bench will handle various pending petitions related to the case, including applications filed by former promoter Sanjay Singhal seeking enforcement of the Supreme Court's May 26 order.

The reassignment occurred after NCLT President Justice Ramalingam Sudhakar, whose bench had previously been hearing the matter, decided to transfer the case. During earlier proceedings, the NCLT president had expressed concerns about the shortage of available members to handle such a complex, high-stakes insolvency matter, particularly one that had been considered settled nearly five years ago.

Significance in India's Insolvency Framework

BPSL holds particular significance in India's corporate insolvency landscape as one of the original twelve large defaulters identified by the RBI for resolution under the newly implemented Insolvency and Bankruptcy Code in 2017. The case has served as a crucial test of the IBC's effectiveness in resolving large-scale corporate distress.

With total dues exceeding Rs 47,200 crore, the BPSL case represents one of the largest insolvency proceedings in terms of financial exposure. The resolution of this case has implications for creditor recovery rates and the overall effectiveness of India's insolvency framework.

Future Proceedings and Timeline

The Supreme Court has indicated that JSW Steel's review petition will likely be heard after the court's summer vacation period, once the petition is formally filed. This suggests that any definitive resolution of the matter may be delayed for several months.

Meanwhile, the NCLT's August 1 hearing date will primarily focus on maintaining the status quo as directed by the Supreme Court. The new bench will need to manage various stakeholder interests while ensuring compliance with the apex court's directions.

Impact on Stakeholders

The continued uncertainty surrounding BPSL's resolution affects multiple stakeholder groups. Financial creditors, including banks and financial institutions, face prolonged uncertainty regarding recovery prospects. Operational creditors and employees also remain in limbo regarding their claims and employment security.

For JSW Steel, the interim relief provides an opportunity to challenge the May 2 verdict through the review petition mechanism. However, the company must navigate the legal complexities while managing the business uncertainties associated with the prolonged proceedings.

The case continues to be closely monitored as a barometer of India's insolvency resolution mechanism's effectiveness in handling complex, large-scale corporate distress situations. The eventual outcome will likely influence future insolvency proceedings and stakeholder expectations regarding resolution timelines and compliance requirements.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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