Q4FY26 retail scorecard: United Spirits, Muthoot rise; Vishal Mega Mart, Voltas, Tata PV slip
Mixed Q4FY26 print across India's consumer-facing names. United Spirits, Apollo Tyres and Muthoot Finance posted profit gains, while Vishal Mega Mart, Voltas and Tata Motors PV saw earnings decline. JSW Steel and IRFC came in flat. Sensex closed +789.74 at 75,398.72 as the tape absorbed the divergence.
What happened
Q4FY26 results roundup: United Spirits, Muthoot Finance and Apollo Tyres posted profit gains, while Vishal Mega Mart, Voltas and Tata Motors PV saw profit
Key facts
- HAL Q4FY26 net profit ₹4,196 crore (+6%)
- Sensex 75,398.72 (+789.74)
- Nifty 23,689.60 (+277.00)
Why this matters
The widening profit gap across consumer-facing names opens a window for opportunistic bolt-ons in weakened discretionary retail and cooling-products segments where valuations are resetting faster than fundamentals.