NIFTY50 Q4FY25 earnings snapshot: Here's how NIFTY50 companies fared in Q4 results till now

NIFTY50 and SENSEX are trading in a narrow range for the last few weeks owing to mixed global cues. After rallying nearly 15% from the recent lows, NIFTY50 now faces resistance at higher levels. Foreign investors piled up in Indian equities on expectations of improvement in earnings and reasonable valuations. The Q4 earnings season has come to an end as 48 out of the 50 companies from the NIFTY50 have reported their earnings. Similarly, 80% of the other companies from the NIFTY midcap 100 and smallcap 100 have reported their earnings as well.

Here’s how earnings have fared for NIFTY50 companies in Q4FY25

Moderate growth in topline

According to Ace Equity data, on a consolidated basis, the total net sales for the quarter jumped 5.72% YoY to ₹22.14 lakh crore from ₹20.95 lakh crore in the previous year's similar quarter. IT and Banks, which collectively hold major weightage in the index, have shown 6% and 8.5% growth in their topline. While Pharmaceutical companies showed double-digit growth in their earnings. Banking names like HDFC Bank, ICICI Bank and Axis Bank continued to perform well, barring the exception of IndusInd Bank, which reported losses for the quarter due to discrepancies in accounting fraud. Companies like Eternal (64%), Trent(28%), and Bharti Airtel(27%) were some of the top contenders in the list of strong topline growth.

Improvement in operational performance

On operational parameters, the Earnings before Interest, Depreciation and Taxes (EBIDT) grew by 11.01% YoY to ₹4.97 lakh crore as compared to ₹4.47 lakh crore. The strong growth in the operational performance was largely aided by cost optimisation measures by key IT companies, falling crude oil prices, and moderate inflation helped counter rising expenses. The collective manufacturing expenses grew by 3.8% YoY vs 4.8% YoY in the previous quarter.

Steady bottomline performance

The overall bottom-line performance remained steady for the quarter at 5.8% YoY growth. Adani Enterprises, Bharti Airtel, Tata Steel, Tech Mahindra, Hindalco, and Tata Consumer Products were some of the key posted robust growth in the index, with a 50% YoY jump in the net profits. Lower leverage of the top 50 companies has helped in keeping interest costs in check and aided better performance in the bottom line for the companies.

The new age companies like Eternal witnessed a sharp drop in the net profits due to poor operational performance. In addition, IndusInd Bank too witnessed a sharp drop in profits for the quarter. Apart from that, Industry leaders like Asian Paints, Tata Motors, Trent, and NTPC also reported subdued growth in the bottom line for the quarter.