BSE Limited reported a 61% surge in net profit to ₹797 crore for Q4 FY26 on May 7, 2026, per exchange filings. The Nifty 50 ended the session just above 24,300, weighed down by moving average resistance in the 24,550–24,650 zone that analysts say must be cleared before the next leg higher. SBI, Titan, and Hyundai India Motor report Q4 FY26 results today.
Markets Close Flat: The 24,650 Ceiling Holding Nifty Back
The Nifty 50 closed at 24,308 on May 7, the Bank Nifty at 56,012, and the Sensex at 78,103, all essentially flat after opening modestly higher. The session followed a sharp 1.8% rally on May 6, and the absence of follow-through was itself informative.
The ceiling is specific. Technical analysis shows Nifty resistance concentrated between 24,550 and 24,650, the zone where key moving averages converge, with strong support sitting at 24,000–24,050. Until the index closes convincingly above that band, the upside stays capped. On May 6, FIIs were net sellers at ₹4,882 crore even as DIIs pumped in ₹5,934 crore, essentially a stalemate. The May 8 session carries three potential catalysts — SBI results, Titan Q4 numbers, and Hyundai India’s full-year declaration. A SBI profit beat above ₹20,000 crore combined with a dividend raise is the scenario most likely to push Nifty above the 24,650 resistance on volume; a miss below ₹18,700 crore reopens the 24,000 support test.
BSE Q4: 61% Profit Jump, ₹10 Dividend — But Read the Segments
The headline number was strong. BSE’s consolidated net profit surged 61% year-on-year to ₹797.33 crore in Q4 FY26 from ₹494.4 crore a year earlier. Revenue from operations rose to ₹1,563 crore from ₹846 crore in the corresponding quarter. The board approved a ₹10 final dividend per share, with the record date set for July 10, 2026.
What drove it, and what didn’t, matters more than the headline. Transaction charges, BSE’s main revenue engine, surged 114% year-on-year to ₹1,311 crore in Q4FY26. But treasury income fell 6% quarter-on-quarter and 9% year-on-year to just ₹40 crore. Revenue from listing services also slipped 24% sequentially. The exchange is almost entirely a volume-driven business now, when domestic trading activity is strong, BSE prints big numbers; when it slows, the cushions are thin. For full-year FY26, BSE reported consolidated revenue of ₹5,148 crore with an EBITDA margin of 48%.
Britannia Q4: 21.6% Profit Growth, Acceleration Confirmed
Britannia Industries reported a 21.56% rise in consolidated net profit to ₹679.68 crore for Q4 FY26, compared to ₹559.13 crore in the year-ago quarter. Revenue from operations rose 6.46% to ₹4,718.92 crore. For the full year, profit surged 16.5% to ₹2,537.01 crore, and total consolidated income rose 6.63% to ₹19,375.62 crore.
The quarterly profit growth, 21.6%, running ahead of the full-year rate of 16.5% tells you something: Q4 was the strongest quarter of the year, not a slowdown. Britannia’s board met on May 7 to consider a final dividend, though no per-share quantum had been confirmed at publication time. Management flagged input cost inflation as a watchpoint for FY27, with the company stating it has already initiated steps to mitigate potential implications from ongoing geopolitical developments.
Bharat Forge Q4: Profit Down 17% — But Operational Numbers Were Fine
This one needs unpacking. Bharat Forge’s consolidated net profit fell 17% to ₹233.45 crore in Q4 FY26 from ₹282.62 crore a year earlier. Revenue from operations rose 17.53% to ₹4,528.04 crore.
The reason for the profit decline has nothing to do with operating performance. Bharat Forge incurred a total exceptional outgo of ₹98.73 crore in Q4 due to impairment of investment in a subsidiary, the impact of new labour codes, and incidental expenses on restructuring its German arm, Bharat Forge CDP GmbH. Strip those out and the picture looks different. Profit before exceptional items and tax actually rose 15.74% year-on-year to ₹490.86 crore. EBITDA climbed 14.21% to ₹778 crore, with EBITDA margin at 17.81% versus 17.68% a year ago.
The defence order book stood at ₹10,961 crore at the close of FY26, with new orders worth ₹4,814 crore secured during the year, including ₹2,816 crore in defence contracts. The stock hit an all-time high on results day.
Dabur Q4: 15.75% Profit Rise — Rural Drove It, MENA Hurt It
Dabur India reported a 15.75% year-on-year increase in consolidated net profit to ₹362 crore in Q4 FY26 from ₹312.73 crore a year earlier. Revenue from operations rose 7.34% to ₹3,038.02 crore. For full-year FY26, profit rose 7.37% to ₹1,868.69 crore, and total consolidated income grew 5.17% to ₹13,792.34 crore. The board recommended a final dividend of ₹5.50 per equity share.
The growth story had two distinct parts. Rural markets outperformed urban ones by 350 basis points during the quarter, with quick commerce growing 54% and e-commerce expanding 49%. But international business took a hit. Geopolitical disruptions in the Middle East weighed on demand for summer-focused products. Revenue declined 14.8% sequentially. Crucially though, Dabur reported double-digit growth in the UK at 24.4%, Bangladesh at 22%, and Turkey at 16.5%, so international weakness was concentrated in MENA, not across the board.
SBI Q4 Today: Analyst Estimates Range ₹18,700–₹20,116 Crore—Here’s What Splits Them
Also Read: STATE BANK OF INDIA NSE Stock Price Today
India’s largest public sector bank reports Q4FY26 results on May 8. The debate heading in is clean: treasury drag versus core banking momentum.
Nomura expects SBI’s net profit to remain flat year-over-year at ₹18,700 crore but flagged a potential 11% sequential decline driven by hardening government securities yields that eroded treasury income during the quarter. The more optimistic end: Mirae Asset Sharekhan estimates net profit rising 7.9% to ₹20,116.4 crore on the back of 14.5% loan growth, benign credit costs, and strong fee income offsetting treasury pressure.
SBI paid ₹15.90 per share as a dividend for FY25. Whether it maintains or raises that quantum for FY26 will be a key sentiment trigger, particularly for retail investors. The SME and Agriculture portfolios, together 22% of the total loan book, and the GNPA trajectory are the segments analysts will track at the 5:15 PM analyst meet post-results.
Titan Q4 Today: Jewellery Boom, Smartwatch Slump
Also Read: TITAN COMPANY NSE Stock Price Today
Titan Company’s board meets May 8, 2026, with an earnings call at 3:00 PM IST to discuss Q4 and full-year FY26 results, followed by a Q&A session. Analyst consensus expects revenue of ₹18,000–19,500 crore and PAT of ₹950–1,100 crore, with jewellery EBIT margins in the 11–12% range.
Titan’s jewellery business delivered approximately 46% year-on-year growth in Q4 FY26, with consumer sales rising around 52%, led by strong traction in Tanishq and Mia brands, a notable recovery from nearly flat buyer growth in the preceding three quarters. But one segment cracked badly. The smartwatch segment saw a sharp 53% decline in Q4, even as analog watches grew 16%, reflecting a clear shift in consumer preferences within the wearables category. Watch margin contribution will be the less-discussed but material swing factor in today’s numbers.
FAQ
Why did Bharat Forge’s profit fall 17% despite revenue growing 18%?
The entire PAT decline was caused by an exceptional charge of ₹98.73 crore, covering investment impairment in a subsidiary, new labour code liabilities, and restructuring costs at the German arm Bharat Forge CDP GmbH. Profit before exceptional items actually rose 15.74% to ₹490.86 crore, meaning the underlying business was strong. The stock reached an all-time high on results day, suggesting the market attributed the PAT decline to the one-time charge rather than to deteriorating operations.
Q: What time will SBI Q4 FY26 results be announced today?
SBI reports Q4 FY26 results on May 8, 2026, after market hours. The analyst meeting and Q&A session begins at 5:15 PM IST. Key metrics to watch at that session: SME and Agriculture loan book performance (together 22% of total loans) and the GNPA trajectory.
What are the key metrics to watch in Titan Q4 FY26 results today?
Jewellery EBIT margin, targeted at 11–12%, is the primary metric. The smartwatch business fell 53% in Q4, so watch management commentary on whether that segment stabilises or declines further in FY27. Titan added a net 47 stores in Q4 to reach 3,603 stores total; capex trajectory and same-store sales growth in jewellery are the two numbers that will determine whether analyst price targets of ₹3,800–4,200 hold.
Titan’s 52% jewellery consumer sales growth is the sharpest single-quarter reversal in the Q4 FY26 season so far, sharper than Dabur’s rural rebound or Britannia’s profit acceleration. The 3:00 PM earnings call is where Titan management must answer one question the pre-results data cannot: whether the Tanishq buyer surge was pulled forward by wedding-season timing or represents a durable re-rating of discretionary spend.
