Q4 results today: Tata Consumer, ICICI Pru among 15 companies to declare earnings
Agencies
Synopsis
Q4 results today: On Tuesday, approximately 15 companies are scheduled to announce their quarterly performance. Among these, investors will pay particularly close attention to Tata Consumer, ICICI Pru, Cyient DLM, MCX, and others.
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With the earnings of leading Reliance Industries Ltd (RIL) out of the way, investors are awaiting results from various other biggies. On Tuesday, around 15 companies will announce their quarterly results.
Meanwhile, net profit for the quarter is likely to rise somewhere between 10-20% on a yearly basis.
Volume growth in the domestic tea business is expected to be at 3%, said Sharekhan.
The annualised protection equivalent (APE) for the quarter is likely to rise 8% YoY, while the VNB margins are likely to fall 20% YoY, analysts said.
"Investors will closely watch the growth from non-ICICI Bank channel and the guidance on any change in the bank's strategy. The focus will be on margin for Q4 and beyond. Longer term guidance on APE and VNB growth," said Nuvama.
Net profit for the same period is likely to clock a robust growth of 88% YoY.
"Margins are likely to contract to 10.5% due to higher ‘other expenses’. Efficient execution of large order books will be the key focus area for the company. New client additions and order inflows will be the key monitorables," the brokerage noted.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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Out of these, market participants will have a close on Tata Consumer, ICICI Pru, Cyient DLM, MCX among others.Tata Consumer Q4 expectations
Meanwhile, net profit for the quarter is likely to rise somewhere between 10-20% on a yearly basis.
Volume growth in the domestic tea business is expected to be at 3%, said Sharekhan.
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Nuvama expects capital foods to fetch revenue for around two months in Q4. "Organic foods figures shall be reflected from Q1FY25 onwards," it said.Stocks Recommendations
ICICI Pru Q4 expectations
The annualised protection equivalent (APE) for the quarter is likely to rise 8% YoY, while the VNB margins are likely to fall 20% YoY, analysts said.
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"Investors will closely watch the growth from non-ICICI Bank channel and the guidance on any change in the bank's strategy. The focus will be on margin for Q4 and beyond. Longer term guidance on APE and VNB growth," said Nuvama.
Cyient DLM Q4 expectations
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During the fourth quarter, Motilal Oswal expects the revenue to grow 37% YoY, led by strong growth in aerospace and defence.Net profit for the same period is likely to clock a robust growth of 88% YoY.
"Margins are likely to contract to 10.5% due to higher ‘other expenses’. Efficient execution of large order books will be the key focus area for the company. New client additions and order inflows will be the key monitorables," the brokerage noted.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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