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Q4 Earnings Buzz: 27 Companies Set to Report Today

It’s a big day on Dalal Street, with 27 companies including LTIMindtree, IndusInd Bank, Bajaj Housing Finance, Tata Consumer, and Thyrocare set to release Q4 FY25 results. Over 100 companies are reporting this week, including Reliance, HCLTech, Axis Bank, Nestle, HUL, and Maruti Suzuki. According to Vinod Nair of Geojit, market sentiment will hinge on earnings and forward guidance. Meanwhile, the Sensex rose for a sixth straight session, closing at 79,595, while Nifty ended at 24,167. Analysts expect some consolidation but remain bullish on stock-specific momentum.

Centre Reviews Gensol’s ₹7,000 Cr Green Projects Amid SEBI Probe

The Centre is reviewing all government-awarded green energy contracts to Gensol Engineering, following SEBI’s action against the company for fund diversion and forgery. Gensol, which holds contracts from NTPC, DVC, and Singareni Collieries, may face rebidding of projects if it cannot deliver. State-run lenders IREDA and Power Finance Corp. have a combined exposure of over ₹1,000 crore. PFC has filed a complaint with the Economic Offences Wing, and internal investigations are ongoing. SEBI warned that weak governance at Gensol could disrupt key infrastructure projects and hurt institutional trust.

No More Government Aid for Vodafone Idea: Scindia

Union minister Jyotiraditya Scindia confirmed there will be no further equity infusion in Vodafone Idea beyond the ₹36,950 crore debt-to-equity conversion. He ruled out any plans to merge the company with BSNL, stating that both firms can co-exist competitively. Scindia highlighted the sector’s rebound, citing ₹4.5 trillion in capex and rising ARPU. BSNL has added 5.5 million users in six months and is close to completing its target of 100,000 4G towers. The government is also pushing for telecom equipment manufacturing zones, likely starting in Madhya Pradesh. On satcom services, the Centre is ready to approve licenses once compliance is met — but no subsidies will be offered.

Mutual Fund Fee Hikes Raise Investor Concerns

A Mint analysis shows 62% of direct equity mutual funds raised their total expense ratios (TER) between Sept 2024 and March 2025, despite growing assets. Under SEBI’s slab-based TER rules, fees should fall with higher AUM, but there’s no restriction on timing. Direct plans saw more fee hikes, while regular plans mostly held steady or lowered costs. Industry experts suggest fund houses may be adjusting TERs preemptively, leveraging unused headroom. SEBI’s proposal to shift TER slabs to the AMC level remains on hold, leaving investors to monitor both performance and fees closely.

Apple’s India Revenue Set to Hit $15 Billion by FY26

Apple is poised to nearly double its India revenue to $15 billion by FY26, up from $7.9 billion in FY24, driven by soaring iPhone sales. Analysts project Apple could sell over 15 million iPhones in 2025, gaining 8%+ market share and potentially breaking into India’s top 5 smartphone brands. The company is also expanding its ecosystem strategy, with rising sales of AirPods, Macs, Watches, and services. Enterprise deals with Wipro and Zoho to deploy Macs are part of this push. However, experts warn India remains a low-value assembly hub, with core iPhone components like chips and OLEDs still sourced from China and Taiwan. Unless India scales up component manufacturing, it may miss out on long-term value capture.