India’s economic and corporate calendar on Thursday includes the release of merchandise trade data and a busy schedule of quarterly earnings announcements, annual general meetings and shareholder meetings involving companies across sectors. 
The merchandise trade deficit data is expected around 2 p.m. IST. The Reuters poll puts the deficit at USD 30.20 billion, compared with USD 30.43 billion in the previous reading. The trade figures will provide an indication of the balance between India’s merchandise exports and imports amid continuing attention on external trade conditions. 
The corporate calendar is particularly active, with several listed companies scheduled to announce their first-quarter FY27 earnings. The real estate sector is represented by Aditya Birla Real Estate and Brigade Enterprises, both of which are scheduled to release their quarterly results. 
Brigade Enterprises is also holding its annual shareholder meeting at 11 a.m. The Bengaluru-based developer has been seeking shareholder approval for an increase in its borrowing limit to INR 10,000 crore to support future capital requirements. The company’s FY27 plans include a residential launch pipeline of about 11.6 million square feet with a gross development value of around INR 11,900 crore. It has also set a target of at least 20% growth in pre-sales over FY26, with a target of INR 9,000 crore. 
The wider corporate earnings schedule includes Abbott India, Amber Enterprises India, Brainbees Solutions, CESC, Elgi Equipments, Endurance Technologies, Engineers India, General Insurance Corporation of India, Godrej Industries, Honasa Consumer, Indraprastha Gas, IPCA Laboratories, JSW Cement, Jubilant FoodWorks, LG Electronics India, Max Financial Services, Max Healthcare Institute, Minda Corporation, Olectra Greentech, Page Industries, Rashtriya Chemicals and Fertilizers, Sammaan Capital, Solar Industries India, Swan Corp, Tata Motors Passenger Vehicles, The Bombay Burmah Trading Corporation, Travel Food Services and Welspun Living. 
Several companies also have shareholder meetings scheduled during the day. Abbott India and Linde India have their annual shareholder meetings at 10 a.m., while Brigade Enterprises has its annual meeting at 11 a.m. Page Industries is scheduled to hold its annual meeting at 11:30 a.m., followed by Inox Wind’s extraordinary shareholder meeting at noon. 
Godrej Industries has its annual shareholder meeting at 3 p.m., while JSW Infrastructure’s annual shareholder meeting is scheduled for 3:30 p.m. Endurance Technologies is scheduled to hold its annual shareholder meeting at 4 p.m. Indegene’s meeting is listed for 4:30 p.m., while The Bombay Burmah Trading Corporation is also scheduled to hold its annual shareholder meeting. 
The earnings calendar covers a broad range of sectors, from pharmaceuticals, insurance and consumer businesses to automobiles, infrastructure, energy and industrial companies. For the real estate and infrastructure space, the results of Aditya Birla Real Estate, Brigade Enterprises and JSW Cement are among the announcements likely to receive attention from market participants. 
Brigade’s upcoming results are being watched against a backdrop of increased development activity. The company reported FY26 consolidated revenue of INR 5,909 crore, while its real estate segment revenue increased 11% year on year to INR 4,002 crore. Its FY27 residential pipeline and planned commercial launches indicate that project additions and execution will remain important factors for the company’s performance. 
The company had also reported that its FY26 residential launches stood at 8.3 million square feet against an earlier plan of 12 million square feet, with some projects moving into FY27 because of approval-related delays. Its management has since outlined a larger launch programme for the current financial year. 
For investors, the combination of trade data and corporate earnings provides two different indicators of the economy. Trade figures offer a view of external demand and import activity, while quarterly results provide company-level information on revenue, profitability, demand and business conditions across individual sectors. 
Source PTI