Q4FY26 earnings deluge: Vishal Mega Mart, United Spirits, Voltas report Thursday amid sugar export ban

Retail-heavy earnings calendar lands as Vishal Mega Mart, United Spirits, Voltas, Apollo Tyres, Kewal Kiran post Q4FY26 prints. Sugar export ban extended to Sept 2026 squeezes Balrampur Chini, EID Parry. Airtel PAT down 33.5% to Rs 7,325 cr; DLF revenue off 42%.

— FiledThu, 14 May, 2026, 07:10 IST·First seen Thu, 14 May, 2026, 08:22 IST·Source Business Today · Latest

What happened

Q4FY26 earnings round-up: Vishal Mega Mart, United Spirits, Voltas, Apollo Tyres report Thursday. Sugar export ban until Sept 2026 hits Balrampur Chini, EID

Key facts

  • Airtel PAT Rs 7,325 cr (-33.5%)
  • Airtel ARPU Rs 257
  • Tata Motors CV revenue Rs 26,098 cr (+19.4%)
  • DLF PAT Rs 1,268.6 cr (-1.1%)
  • Sugar export ban till Sept 2026

Why this matters

Sugar export ban through Sept 2026 reshapes Balrampur Chini and EID Parry strategic optionality, while consumer-facing prints from Vishal Mega Mart and United Spirits will reprice peer multiples for any pending deal calibration.