Mixed global cues, lower oil prices and the March quarter earnings season will guide the domestic market on Monday. At 7:30 am, the SGX Nifty was trading at 17,679 points, up more than 40 points.

Globally, US stock futures fell overnight ahead of big tech earnings, with Dow Jones futures, S&P 500 futures and Nasdaq futures down as much as 0.2%.

Reliance Industries: The group posted a higher-than-expected Q4FY23 net profit on lower raw material prices and savings in tax expenses. Consolidated net profit rose 19.1% year-on-year to Rs 19,299 crore, compared with Wall Street estimates of Rs 17,850 crore. Revenue for the quarter also rose 2.7% year-on-year to Rs 2.13 trillion.

ICICI Bank: The private sector lender recorded its highest-ever quarterly profit of Rs 9,211 crore in Q4FY23, up 30% year-on-year on the back of impressive margin expansion. Net interest income (NII) also rose by 40.2% to Rs 17,667 crore in Q4FY23.

YES Bank: The private sector lender’s net profit fell 45% year-on-year to Rs 202 crore in Q4FY23 as provisions doubled. Also, NII rose 15.4% to Rs 2,105 crore in the March quarter on the back of a 0.3% rise in net interest margin.

Wipro: The IT services company is reconsidering its offer to buy back proposal of equity shares, with a final decision due April 26-27. The board meeting results will be announced on April 27, the same day the company will announce its Q4FY23 and FY23 results.

Hindustan Zinc: The company reported an 11.78% decline in its consolidated net profit at Rs 2,583 crore in 4QFY23 due to higher expenses. Total revenue also fell 2.3% year-on-year to Rs 8,863 crore from Rs 9,074 crore a year earlier. Meanwhile, expenses in Q4FY23 rose 13% YoY to Rs 5,358 crore.

Torrent Power: The company established a wholly-owned subsidiary, Torrent Urja Pvt 10 (TU10), to generate and transmit electricity. The subsidiary will be involved in distributing, purchasing, procuring, selling, trading, importing, exporting or otherwise dealing with various forms of electricity and energy.

Sun Pharmaceutical: The US health regulator, US Food and Drug Administration (USFDA), will take corrective action at the Mohali facility before releasing more final product batches into the United States. Once those measures are in place, the US will resume exports from Mohali, USFDA said.

Ajmera Realty: Shree Yogi Realcon, a subsidiary of the real estate company, has acquired a 5,017 square metres plot from Tata Communications for Rs 76 crore in a bidding process. The acquisition aims to develop residential properties in one, two and three BHKs and is estimated to have a total value of Rs 550 crore.

Ami Organics: The speciality chemicals company approved the acquisition of a 55% partnership interest in Baba Fine Chemicals, a speciality chemicals company focused on customising and manufacturing intermediates. The acquisition heralds AMI Organics’ entry into the high-barrier semiconductor industry.

Macrotech Developers: The real estate company reported its best-ever annual pre-sales of Rs 12,064 crore in FY23, up 34% year-on-year. While operating income rose 3% YoY to Rs 9,470 crore, FY23 adjusted EBITDA fell 8% YoY to Rs 2,970 crore.

Maharashtra Seamless: The company has secured an order of Rs 262 crore from ONGC to supply seamless tubing pipes and accessories. Delivery locations are Gujarat, Rajasthan, West Bengal, Assam and Tripura.

CE Info Systems: The company’s revenue rose 27% YoY to Rs 73 crore in Q4FY23, while total revenue rose 21% YoY to Rs 83 crore in the March quarter. The board also approved a dividend of Rs 3 per share for FY22-23, subject to shareholder approval.