On May 22, 2025, at least 142 companies, including ITC, Sun Pharma, Grasim, and GMR Airports, are set to release their Q4 FY25 earnings. Investors are closely monitoring revenue trends, profit margins, and forward guidance amid overall market weakness, driven by global fiscal concerns. Major sectors are in the red, with benchmark indices down nearly 1%. ITC’s Q4 preview suggests muted profit due to FMCG and paper segment pressures, despite steady cigarette performance.
As earnings season peaks, at least 142 companies are slated to release their Q4 FY25 financial results today, Thursday, May 22. Major players on the list include ITC, Sun Pharma, Grasim Industries, GMR Airports, Container Corporation of India (CONCOR), Ramco Cements, Honasa Consumer, and Gujarat State Petronet.
Investors and market watchers are eyeing these results closely for key indicators such as revenue growth, margin trends, and forward-looking statements, which will influence stock price movements and portfolio decisions.
Focus on ITC’s Performance
Cigarette-to-FMCG conglomerate ITC Ltd is expected to post a 2.3% year-on-year (YoY) decline in net profit, with earnings projected at ₹4,906 crore for Q4FY25, down from ₹5,022 crore in the same quarter last year. While cigarette volume and value growth are forecasted at 4% and 5% respectively, margin pressures in FMCG and paper segments are likely to weigh on overall performance.
Brokerages also note that YoY comparisons are skewed due to the demerger of ITC Hotels, which was part of the consolidated earnings in the previous year.
As of 10:07 AM IST, the Indian stock markets were trading in the red. The Nifty 50 index dropped 0.92% to 24,585.65, while the BSE Sensex slipped 0.9% to 80,864.99. Broader indices also reflected weakness, with mid- and small-cap stocks down 0.4% and 0.1% respectively.
The downturn is attributed to global uncertainties, including elevated U.S. Treasury yields and concerns over fiscal policy. All 13 major sectoral indices were in negative territory, adding to the cautious sentiment ahead of key earnings announcements.
Earnings Week Outlook
This week, over 500 companies are scheduled to announce their Q4 numbers. Big names expected to report include Bharat Electronics (BEL), Hindalco, Dixon Technologies, Dredging Corporation of India, and Piccadily Agro Industries.
As quarterly results roll in, investors are advised to track management commentary, cost pressures, and guidance for FY26, all of which are likely to shape near-term market trends.
