PRE-MARKET INDIAN STOCKS NEWS: Earnings from LTTS, SBI LIFE & TCOM
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)
The earnings reports from various Indian companies present a mixed outlook. 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.