Q4 Results Live Updates: Waaree Energies shares rise 7% ahead of Q4 earnings, HCL Technologies in focus

Q4 Results Live Updates: The Earnings Flood Begins!
Get ready for a busy day! Several companies are gearing up to announce their Q4 earnings (January to March period) today, Tuesday, April 22, 2025. Keep your eyes peeled for reports from:
- HCL Technologies Ltd
- Mahindra & Mahindra Financial Services Ltd
- AU Small Finance Bank Ltd
- Choice International Ltd
- Cyient DLM Ltd
- Delta Corp Ltd
- Hathway Cable & Datacom Ltd
- Havells India Ltd
- Huhtamaki India Ltd
- Tata Communications Ltd
- Vardhman Special Steels Ltd
- Waaree Energies Ltd
Let’s dive into the details as they unfold!
Key Earnings to Watch Today
Waaree Energies: Shares Surge Ahead of Earnings
Shares of Waaree Energies are trading over 6% higher today, ahead of their March quarter earnings release. The buzz suggests potentially strong numbers!
The company is anticipated to reveal a net profit of around ₹496 crore on revenue of ₹4,028 crore for the quarter. Analysts are also forecasting an EBITDA of ₹736 crore and margins at 18.3%.
360 ONE WAM: Potential Equity Share Issuance in Focus
Keep an eye on 360 ONE WAM as well. The company has informed exchanges about a board meeting to consider a proposal for issuing equity shares and/or warrants via a preferential issue.
Adani Power: Results Coming on April 30th
Mark your calendars! Adani Power will unveil its results on April 30, 2025. The Board of Directors will meet to review and approve the audited financial results for both the quarter and fiscal year ended March 31, 2025.
LTIMindtree: Dividend Announcement Expected
The Board of LTIMindtree will be meeting tomorrow to consider recommending a final dividend on equity shares for the financial year ended March 31, 2025.
LTIMindtree Q4 Earnings: What to Expect
- New Leadership: Venugopal Lamba is the new CEO designate, taking over from Debashis Chatterjee in November 2025.
- Growth Strategy: All eyes will be on the strategy to improve growth after a couple of challenging years.
- Margin Improvement: The focus remains on bridging the gap to the desired margin range of 17-18%.
- Citigroup Impact: The potential impact of Citigroup’s insourcing plans will be closely monitored.
Sammaan Capital Q4 Business Update
- Q4 collections from Legacy Loan Book: ₹4,235 crore (vs. target of ₹4,075 crore)
- FY25 collections from Legacy Loan Book: ₹15,325 crore, with ₹9,461 crore collected in H2.
Bajaj Finserv: Conference Call on April 30th
Bajaj Finserv will host a conference call for analysts and institutional investors on April 30, 2025, to discuss their Q4 financial results.
AU SFB: Q4 Expectations
Analysts anticipate that AU Small Finance Bank may report a profit of ₹504 crore and revenue of Rs 2,692.94 crore for the fourth quarter. The net interest income is expected to be ₹2,067.83 crore, with a net interest margin of 6.34%.
HCLTech: Stock Recovers from Day’s Low
HCL Technologies Ltd. shares have recovered, trading up to 1% higher after bouncing back 2% from the day’s low of ₹1,464.5. The company will announce its earnings after market close today and hold a conference call at 7:30 pm.
More Earnings on the Horizon
Don’t forget these other key companies reporting today:
- Havells India
- M&M Financial Services
- Tata Communications
- Tata Consumer Products
- Bajaj Housing Finance
Havells India: In Focus Today
Havells India Ltd. is in the spotlight as it releases its financial results for the quarter and financial year ended March 31, 2025. The stock has seen a positive trend, climbing 8% in the past five trading sessions and 12% in the last month.
Waaree Energies: Kotak’s Expectations
Brokerage firm Kotak Institutional Equities forecasts Waaree Energies to report net revenue of ₹4,051 crore for the March 2025 quarter, representing a 38% YoY and 17.1% QoQ increase. They anticipate an EBITDA of ₹759.3 crore, up 81.5% YoY but 5.2% QoQ, with an EBITDA margin of 18.7%. Net profit is projected to nearly triple YoY to ₹518.5 crore.
Arkade Developers: Q4 Update
- Pre-sales up 10.6% at ₹217 crore vs ₹196 crore YoY
- Collections up 35% at ₹38 crore vs ₹176 crore YoY
HCL Tech: What HSBC Expects
HSBC anticipates that within IT services, growth in BFSI, Hi-Tech, and inorganic contributions will be offset by the Verizon ramp-down/offshoring and foreign exchange impacts.
Overall, HSBC expects an organic CC decline of 1.7% and a c1% decline in dollar terms QoQ. They foresee seasonally lower revenues for products, flat QoQ revenue for IT services, and modest growth for ER&D. Operating margins are expected to fall due to wage hikes, lower software contributions, and SG&A investments, partially offset by favorable INR depreciation.
Key focus areas include the FY26 outlook and revenue growth guidance, as well as the outlook on deal ramp-ups, discretionary spending, and the ER&D business.
Waaree Energies: Stock Surges Ahead
Shares of Waaree Energies Ltd. are trading over 7% higher today, ahead of the expected earnings announcement. However, the stock is still down about 9% year-to-date.
HCLTech: Key Factors to Monitor
Traders will be closely watching the decision-making slowdown and its impact, new deal TCV, potential revenue impacts from the Verizon deal anniversary, and revenue growth in the seasonally weak June quarter.
HCLTech: Margin Pressure
Margins are expected to decline by 140 basis points due to salary hikes and visa costs quarter-on-quarter. The company previously indicated that senior-level wage hikes would impact margins by 50-60 basis points in Q4.
HCLTech: Revenue Growth Expectations
Revenue growth in constant currency terms may decline 0.6% sequentially. The Q4 guidance ranges from -1.3% to 0.6%.
Peer Comparison:
- TCS down 0.8%
- Wipro down 0.8%
- Infosys down 3-5%
Revenue growth was weak due to the completion of a large program in Retail CPG. The company anticipates a loss of $30 million in Q4 due to this deal ending.
HCLTech: CNBC-TV18 Poll Findings
- US dollar revenue fell 0.9% QoQ to $3,500 million from $3,533 million.
- Rupee revenue rose 1.3% to ₹30,273 crore from ₹29,890 crore.
- EBIT at ₹5,482 crore from ₹5,821 crore.
- EBIT margin at 18.1% from 19.5%.
- Net profit fell 6.3% to ₹4,300 crore from ₹4,591 crore.
Get Ready for a Day of Earnings!
Welcome to our live coverage of today’s important Q4 results! We’ll be tracking the earnings of 12 key companies throughout the day, so stay tuned for the latest updates.