Mumbai, May 8 -- Mid-cap companies have emerged as strong performers in the ongoing fourth quarter earnings season, while Nifty earnings estimates have remained largely stable, according to a report by Motilal Oswal Financial Services.

The report, titled "Interim Review 4QFY26: In-line print; mid-caps stand out", stated that as of May 6, a total of 154 companies in the MOFSL Universe and 28 Nifty companies had announced their Q4 FY26 results.

These companies accounted for 56 per cent and 67 per cent of estimated profit after tax (PAT) for the MOFSL and Nifty universe, respectively, along with 39 per cent of India's market capitalisation and 67 per cent weightage in the Nifty.

According to the report, earnings of the 154 MOFSL Universe ...