Q4 Results 2025 Today: JSW Steel, Ashok Leyland, Glenmark Pharma Among 184 Companies To Announce Earning Call

On Friday, May 23, 2025, a diverse range of companies across various sectors are scheduled to announce their fourth-quarter (Q4) and full-year financial results for FY25. Indian stock markets are set for a heavy session, with around 184 listed companies poised to declare their Q4 FY24-25 earnings today. The spotlight is firmly on corporate giants such as JSW Steel, Ashok Leyland, Glenmark Pharma, Reliance Infrastructure, and Bharat Earth Movers Limited (BEML), as investors closely track their performance for cues on sectoral momentum.

Q4 Results 2025 Today: JSW Steel, Glenmark Pharma, Ashok Leyland To Announce Earnings

JSW Steel, a leading player in the steel industry, is expected to report its quarterly earnings on Friday. Similarly, Ashok Leyland, a major commercial vehicle manufacturer, will also disclose its financial results today. Glenmark Pharmaceuticals, a key pharmaceutical company, is another company slated to announce its performance soon.

JSW Steel Q4 Results 2025 Preview: JSW Steel is expected to report a strong Q4 performance, with profit likely rising by over 30% year-on-year-from Rs 1,320 crore to Rs 1,720 crore, according to a Moneycontrol research report. Margins are also projected to expand by 149 basis points, supported by higher average selling prices and lower coal costs. The company's domestic pricing outlook will be a key factor to monitor in the coming quarters.

Glenmark Pharma Q4 Results 2025 Preview: Glenmark Pharmaceuticals is expected to report a sharp turnaround in its fourth-quarter earnings, potentially swinging from a loss of Rs 1,214 crore in the same quarter last year to a profit of Rs 204 crore, according to analysts.

This recovery is likely supported by a 10.7% growth in domestic formulations, with double-digit expansion in the cardiac and dermatology segments. Growth in the diabetes segment has also resumed, adding further support. Additionally, the completion of inventory realisation is expected to contribute positively. However, sales from the US generics business (GNP) may decline by 10.9%, which could offset some of the gains.

Ashok Leyland Q4 Results 2025 Preview: Ashok Leyland's standalone profit for Q4 FY25 is projected to grow by 60% year-on-year to about Rs 1,440 crore, while revenue may see a 7% increase. On a quarter-on-quarter basis, volumes are expected to rise 27.5% to 59,176 units, led by 33% growth in MHCV and 18% in LCV. Margins are likely to remain stable, with EBITDA increasing from Rs 1,592 crore to Rs 1,685 crore, as per the report.

Earnings Call on May 23: Check Sector-wise Full List of Companies Announcing FY25 Performance

In the engineering, infrastructure, and capital goods sectors, firms such as GE Vernova TD India, AIA Engineering, Timken India, Afcons Infrastructure, BEML, Ashoka Buildcon and WPIL are lined up to release earnings.

From the capital goods and infrastructure sector, key players like GE Vernova TD India, AIA Engineering, Timken India, Afcons Infrastructure, and Bharat Earth Movers Limited (BEML) will be reporting numbers for FY2025.

The retail and consumer sector sees activity from Cello World, Finolex Industries, Devyani International, Aditya Birla Fashion & Retail, and Lux Industries. Notably, ABFRL is in focus after its share price tumbled over 66% ahead of earnings, drawing investor caution.

Tech and finance-related results are expected from Fusion Finance, CSL Finance, A.K. Capital Services, Dreamfolks Services, Exicom Tele-Systems, and Mindteck (India), while engineering suppliers like JTEKT India, Rashi Peripherals, and Kernex Microsystems will also be in the spotlight.

Earnings call on May 23, 2025 also include several chemical and mid-cap manufacturing firms like Anupam Rasayan India, Azad Engineering, Camlin Fine Sciences, Pix Transmissions, Standard Glass Lining Technology, Control Print, 20 Microns, and Heranba Industries.

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Gujarat Narmada Valley Fertilizers & Chemicals, Ashoka Buildcon, Lux Industries, Apollo Micro Systems, WPIL, Share India Securities, Balkrishna Industries and Narayana Hrudayalaya are also on the list of companies releasing their financial results on Friday.

Others in the earnings queue include Gujarat Narmada Valley Fertilizers, Apollo Micro Systems, Everest Kanto Cylinder, Prakash Industries, West Coast Paper Mills, Ramco Industries, Faze Three, One Point One Solutions, S Chand and Company, Uttam Sugar Mills, GPT Healthcare, Vardhman Holdings, Owais Metal and Mineral Processing, and several other small- and mid-cap firms.