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Q1 Results LIVE Updates:
It is yet another earnings-heavy day for the Indian markets, with four Nifty 50 stocks — Tata Consumer Products, SBI Life, Shriram Finance and NTPC, will be reporting their numbers. The list of broader market companies reporting results today is also a long one. ACC, Atul, Bank of Baroda, Apar Industries, CG Power, CreditAccess Grameen, CONCOR, DCB Bank, Dalmia Bharat, Greenply Industries, Jindal Steel, Dr Lal Pathplabs, Kfin Tech, New India Assurance, Laurus Labs, Ramkrishna Forgings, Sapphire Foods, Shakti Pumps, SBI Cards, Sterlite Tech, V-Mart, Welspun Corp, are some of the many that will be reporting numbers today. In earnings reactions, Infosys cut the upper end of its guidance by 50 bps, and appointed a new CEO, while IndiGo reported its second quarterly loss in a row. Meesho's revenue grew 48% while its EBITDA and net loss narrowed. Sona BLW, Mphasis, Fractal Analysis, Cyient, Go Digit, Motilal Oswal, IEX, Thyrocare, Spandana Sphoorty, Route Mobile, Allied Blenders, are among the other results reported after market hours. Watch this space for all the LIVE earnings updates.
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