Author: Aarya Shah | EQMint | General News
Mumbai, October 13, 2025 — This earnings week on Dalal Street is set to be crucial for investors as several major Indian companies are scheduled to release their Q2 FY2025–26 quarterly earnings, offering key insights into corporate performance and broader economic momentum.
From IT giants like Infosys, HCL Technologies, and Tech Mahindra, to financial powerhouses such as Axis Bank and Anand Rathi Wealth, and consumer leader Nestlé India, investors will be closely watching the earnings reports to gauge trends in demand, profitability, and business sentiment across sectors.
Here’s a closer look at the major companies announcing their results next week 
1. HCL Technologies Limited — Results on October 13, 2025
Among the first large-cap IT firms to declare earnings this week, HCL Technologies Limited will announce its financial results on October 13, 2025.
The company, one of India’s leading IT service providers, supports global enterprises through digital transformation, business process outsourcing, and cloud-based infrastructure services.
With a market capitalization of ₹4,05,055 crore, HCL shares closed at ₹1,492.65, up 0.42% on Friday.
Analysts expect HCL Tech’s results to highlight steady revenue growth, driven by strong deal wins in engineering services and AI-led transformation projects, though margin pressures could persist amid wage hikes and global uncertainty.
2. Rathi Wealth Limited — Results on October 13, 2025
Also announcing results on October 13 is Anand Rathi Wealth Limited, one of India’s few listed pure-play wealth management firms.
With a market capitalization of ₹24,573 crore, its shares ended at ₹2,959.95, up 0.35%.
The company caters primarily to high-net-worth and ultra-high-net-worth clients (HNIs & UHNIs), offering customized investment products and portfolio management services. Market watchers expect strong quarterly inflows and healthy profit growth, supported by India’s rising retail investment participation.
3. Tech Mahindra Limited — Results on October 14, 2025
Tech Mahindra Limited, a key player in India’s IT and telecom solutions space, will declare its earnings on October 14, 2025.
With a market capitalization of ₹1,42,747 crore, the company’s shares closed at ₹1,457.25, down 0.62%.
Tech Mahindra’s performance will be closely watched for signs of recovery in its telecom vertical and progress in margin improvement initiatives. Analysts anticipate modest revenue growth, with an uptick in large deal signings driven by AI integration and enterprise modernization projects.
4. Persistent Systems Limited — Results on October 14, 2025
Also slated for October 14, Persistent Systems Limited is expected to report another solid quarter on the back of sustained demand for digital engineering and cloud transformation services.
The company, known for its technical expertise and product lifecycle solutions, boasts a market capitalization of ₹83,815 crore. Its shares closed at ₹5,359, up 0.29%.
Persistent is likely to maintain its industry-leading growth pace, supported by long-term client partnerships in data, AI, and analytics.
5. Axis Bank Limited — Results on October 15, 2025
Axis Bank Limited, India’s third-largest private lender, will release its Q2 results on October 15, 2025.
The bank’s stock gained 1.08%, closing at ₹1,180.10, valuing the company at ₹3,66,171 crore.
Analysts anticipate strong loan growth, especially in retail and SME segments, and steady net interest margins. However, investor focus will remain on asset quality trends and commentary on credit demand amid fluctuating interest rates.
6. Indian Railway Finance Corporation (IRFC) — Results on October 15, 2025
Also on October 15, IRFC, the financing arm of Indian Railways, will declare its results.
With a market cap of ₹1,65,251 crore, IRFC shares closed at ₹125.45, up 1.16%.
The company plays a vital role in funding railway infrastructure through leasing and financing locomotives, wagons, and coaches. Investors expect stable earnings and healthy leasing revenue, given the government’s continued focus on railway modernization.
7. Infosys Limited — Results on October 16, 2025
All eyes will be on Infosys Limited, which is set to release its quarterly numbers on October 16, 2025.
The IT bellwether, with a market capitalization of ₹6,29,080 crore, closed at ₹1,514.25, up 0.32%.
Infosys’ performance will provide key insights into the global IT demand environment. Analysts expect muted growth due to delayed enterprise spending but steady margins, driven by cost optimization and a focus on generative AI services.
Any commentary on FY2026 guidance and large deal pipelines will be crucial for market sentiment.
8. Nestlé India Limited — Results on October 16, 2025
Nestlé India, the FMCG major behind brands like Maggi, Nescafé, and KitKat, will also announce its Q3 results on October 16.
With a market capitalization of ₹2,31,350 crore, the stock rose 1.03% to close at ₹1,199.75.
The company is expected to report healthy revenue growth driven by festive demand, increased rural penetration, and higher sales in the beverages and dairy segments. Inflationary pressure on input costs, however, could slightly weigh on operating margins.
9. JSW Steel Limited — Results on October 17, 2025
JSW Steel Limited, part of the JSW Group, will announce its results on October 17, 2025.
With a market capitalization of ₹2,85,641 crore, the stock ended at ₹1,168.05, down 0.68%.
Analysts expect stable domestic demand from the construction and auto sectors but remain cautious about global steel price volatility. Focus will remain on the company’s capacity expansion plans and export performance.
10. Polycab India Limited — Results on October 17, 2025
Rounding off the earnings week, Polycab India Limited will declare its results on October 17, 2025.
The company, a leader in cables, wires, and fast-moving electrical goods (FMEG), boasts a market capitalization of ₹1,16,313 crore. Its shares rose 1.28%, closing at ₹7,726.90.
Polycab is expected to report robust earnings, buoyed by strong demand in infrastructure, real estate, and industrial projects. Analysts anticipate sustained double-digit growth in revenue and profitability.
Earnings Week Outlook
This earnings week announcements span critical sectors — IT, banking, steel, FMCG, and infrastructure, representing a comprehensive snapshot of India’s economic pulse.
Market participants believe these results could set the tone for the upcoming quarterly season, influencing both sectoral rotation and broader index trends.
“Investors will be watching IT sector margins, FMCG volume growth, and banking credit trends closely,” said Rajiv Mehta, Senior Analyst at YES Securities.
“The overall narrative is expected to be of steady performance with a few sector-specific surprises.”
“Investors will be watching IT sector margins, FMCG volume growth, and banking credit trends closely,” said Rajiv Mehta, Senior Analyst at YES Securities.
“The overall narrative is expected to be of steady performance with a few sector-specific surprises.”
With blue-chip firms like Infosys, HCL Tech, Axis Bank, and Nestlé India reporting over the next few days, volatility and stock-specific movement are expected to dominate the trading sentiment through mid-October.
Disclaimer: This article is based on information available from public sources. It has not been reported by EQMint journalists. EQMint has compiled and presented the content for informational purposes only and does not guarantee its accuracy or completeness. Readers are advised to verify details independently before relying on them.
