PRE-MARKET INDIAN STOCKS NEWS: Earnings from LTTS, SBI LIFE & TCOM
The earnings reports from various Indian companies present a mixed outlook.
LG Display (066570 KS) Q1 net loss 571bln (exp. loss 28.8bln), oper. 147bln (exp. 112bln), rev. 5.53tln (exp. 5.68tln)
Iranian opposition sources said air defences were activated in Iran last night against unmanned aerial vehicles, according to N12
PRE-MARKET INDIAN STOCKS NEWS: Earnings from LTTS, SBI LIFE & TCOM
Lebanon is to request a one month ceasefire extension in Washington talks, according to NNA
[MARKET ANALYSIS] Asia-Pac stocks are mostly as sentiment soured amid higher oil prices
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Bharat Electronics (BHE IS) - Co. has secured orders worth INR 5.69bln, marking the start of order inflows for FY2026–27. (Moneycontrol)
Delta Corp (DELTA IS) - Co. Q4 (INR) net fell 90% Y/Y to 0.16bln, rev. fell 11.7% Y/Y to 0.16bln, exceptional loss 0.06bln (prev. gain 2.12bln), declared second interim dividend INR 270/shr. (Moneycontrol)
Infosys (INFO IS) - Co. has announced a strategic collaboration with OpenAI to support enterprise software development and modernisation using AI models. (Moneycontrol)
Jio Financial Services (JIOFIN IS) - Co. has entered into a binding agreement with Allianz to form a 50:50 primary insurance JV covering general and health insurance. (Moneycontrol)
L&T Technology Services (LTTS IS) - Co. Q4 (INR) net rose 6.8% Y/Y to 3.32bln, EBIT rose 23.6% Y/Y to 4.35bln, rev. rose 8.3% Y/Y to 28.58bln. (Moneycontrol)
SBI Life Insurance (SBILIFE IS) - Co. Q4 (INR) net fell 1.1% Y/Y to 8.05bln, net premium income rose 16% Y/Y to 276.84bln. (Moneycontrol)
Tata Communications (TCOM IS) - Co. Q4 (INR) net fell 74.7% Y/Y to 2.63bln, rev. rose 9.4% Y/Y to 65.54bln. (Moneycontrol)
Trent (TRENT IS) - Co. Q4 (INR) net rose 32.6% Y/Y to 4.13bln, rev. rose 19.2% Y/Y to 50.28bln, approved bonus issue in ratio 1:2 and fund raising up to INR 25.00bln via rights issue. (Moneycontrol)
Telecoms
Bharti Airtel (BHARTI IS) - Co. Mar net subscriber additions rose to 5.09mln from 4.86mln M/M. (Moneycontrol)
Reliance Industries (RIL IS) - Co.’s Reliance Jio unit Mar net subscriber additions rose to 3.23mln from 1.62mln M/M. (Moneycontrol)
Vodafone Idea (IDEA IS) - Co. Mar net subscriber additions rose to 0.10mln. (Moneycontrol)
While SBI Life and Tata Communications reported declines in net income, Trent showed strong growth in both revenue and net profit, along with plans for a rights issue. This divergence indicates the uneven recovery in the Indian market, and may suggest varying sector dynamics that traders should closely monitor.
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