On Wednesday, May 20, 2026, several prominent Indian companies, including Hindalco, Bharat Petroleum Corporation (BPCL), Mankind Pharma, and JSW Energy, are making headlines due to their latest quarterly results and significant corporate developments. These updates are influencing market sentiment and investor focus.
Key Q4 2026 Earnings & Corporate Actions
Hindalco Industries
The metal giant's US subsidiary recorded a net loss of $84 million for the quarter, primarily impacted by fires at its Oswego, US plant in September and November. Despite this, net sales saw a 4.4% year-on-year increase to $4,787 million, while adjusted EBITDA declined 3% year-on-year to $459 million.
Bharat Petroleum Corporation (BPCL)
The oil marketing major reported a 1% year-on-year fall in net profit to Rs 3,191 crore for the March 2026 quarter. Revenue, however, grew by 6.7% year-on-year to Rs 1,18,650 crore. EBITDA stood at Rs 10,061 crore, with margins contracting to 8.5%.
Mankind Pharma
The pharmaceutical company announced a substantial 31.7% year-on-year surge in net profit, reaching Rs 554 crore for the January-March 2026 quarter. Revenue increased by 11.8% year-on-year to Rs 3,443 crore. EBITDA rose 36.1% year-on-year to Rs 930 crore, with margins improving by 480 basis points to 27%.
PNC Infratech
The infrastructure player saw its net profit jump by 42.9% year-on-year to Rs 108 crore. However, revenue declined 5.1% year-on-year to Rs 1,617 crore for the January-March 2026 period. EBITDA decreased by 23.5% year-on-year to Rs 277 crore, with margins at 17.1%. The company declared a final dividend of Rs 0.60 per share.
JSW Energy
JSW Energy has entered into definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems (TJPS) from Toshiba Corporation, Japan. This acquisition will increase JSW Energy’s shareholding in TJPS to 20.7% on a non-diluted basis, with a total purchase consideration of Rs 150 crore.
Karnataka Bank
The private sector lender reported a significant 61.75% year-on-year rise in net profit to Rs 408.19 crore. Net Interest Income (NII) grew 8% year-on-year to Rs 843 crore for the March 2026 quarter. The bank also reported improved asset quality at both gross and net levels and announced a dividend of Rs 5 per share.
Godawari Power & Ispat
The metal player's net profit increased by 26.6% year-on-year to Rs 280 crore, with revenue from operations up 9.7% year-on-year to Rs 1,610 crore for the first three months of 2026. EBITDA rose 37.9% year-on-year to Rs 439 crore, and EBITDA margins sharply improved to 27.3%.
Sun Pharma Advanced Research Company (SPARC)
SPARC's licensing partner, Ocuvex Therapeutics Inc., received a Complete Response Letter (CRL) from the USFDA for its PDP-716 new drug application. The CRL was issued due to inspection-related findings at the finished product manufacturing facility, with no other issues raised regarding the NDA itself.
Zee Entertainment Enterprises
The media major reported a net loss of Rs 104 crore, with revenue falling 7.3% year-on-year to Rs 2,024.8 crore for the quarter ended March 31, 2026. The company recorded an EBITDA loss of Rs 254.8 crore, though subscription revenue grew by 3.87% year-on-year, driven by new digital subscribers.
ASK Automotive
The auto ancillary firm saw its net profit jump 24.1% year-on-year to Rs 71.54 crore, while revenue from operations rose 35% year-on-year to Rs 1,147.12 crore for the three months ended March 31, 2026. EBITDA increased 31.1% year-on-year to Rs 140 crore, with margins contracting to 12.1%. A final dividend of Rs 1.85 per share was announced.
Trident
The textile company reported a 23.5% year-on-year fall in net profit to Rs 102 crore, and revenue declined 12.4% year-on-year to Rs 1,632.5 crore for the March 2026 quarter. EBITDA decreased by over 7.3% year-on-year to Rs 227.18 crore, though EBITDA margins improved to 13.92%.
Borosil
The glass products manufacturer reported a 4.5% year-on-year fall in net profit to Rs 10.6 crore, despite revenue rising 5.2% year-on-year to Rs 284.1 crore for the quarter ended March 31, 2026. EBITDA decreased 18.7% year-on-year to Rs 30.2 crore, with margins slipping to 10.6%.
Aditya Birla Capital
The Kumar Mangalam Birla Group company has received a certificate of registration from the Reserve Bank of India (RBI) to commence the business of factoring, expanding its financial services portfolio.
Orkla India
The FMCG company reported a 7.5% year-on-year jump in net profit to Rs 74 crore, with revenue increasing 5.05% year-on-year to Rs 626 crore for the January-March 2026 period. EBITDA rose 7% year-on-year to Rs 100 crore, and margins improved to 16%.
J Kumar Infraprojects
The infrastructure and EPC solutions provider reported a 3.5% year-on-year fall in net profit to Rs 110.29 crore, and revenue fell 2.9% year-on-year to Rs 1,585.39 crore for the March 2026 quarter. EBITDA decreased 5% year-on-year to Rs 224 crore, with margins contracting to 14.12%.
Sula Vineyards
Abhishek Kapoor has resigned as Chief Financial Officer, effective July 14. The Board has appointed Rinku More as the Chief Financial Officer Designate and Senior Management Personnel, effective July 15.
WSFx Global Pay
The RBI-AD II licensed payments player returned to profitability in the March 2026 quarter, reporting a net profit of Rs 0.55 crore. Revenue from operations increased 20% year-on-year to Rs 26.18 crore.