According to the forecast, the income for HPCL is expected to grow by 14% to Rs 1,28,600 crore.
Bharat Petroleum Corporation Ltd, Nestle India, Hindustan Petroleum Corporation Ltd and Dr Reddy’s Laboratories Ltd will make financial results announcements for the fourth quarter of the current fiscal year on Wednesday. Financial statements will be released through filing on the stock exchanges.
BPCL, according to analysts’ forecasts, is expected to record a loss in the June quarter of Rs 12,632 crore compared to profits of Rs 3,192 crore seen in the last quarter. Its revenues are expected to go up 10% to Rs 1,29,000 crore with an Ebitda loss of Rs 13,713 crore, based on the consensus forecast of analysts polled by Bloomberg.
According to Nestle’s forecast, revenues for the company are expected to be Rs 6,062.89 crore and an Ebitda of Rs 1,354 crore with margins of 22.3%. The net profit for the company is projected to be Rs 836.61 crore.
In the case of HPCL, it is expected to record a 14% rise in revenues to Rs 1,28,600 crore with an Ebitda loss of Rs 12,672 crore.
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Dr Reddy’s is expected to have a 4% fall in its revenues amounting to Rs 8,221 crore and 36% fall in its Ebitda to Rs 1,398 crore with an operating margin of 17%, while its net income is expected to be Rs 737 crore.
Earnings Estimates
Company Revenues Ebitda Margins Profits
Bharat Petroleum Corporation Limited Rs 1,29,000 crore (Rs 13,713 crore) – (Rs 12,632 crore)
Dr Reddys Laboratories Ltd Rs 8,221 crore Rs 1,398 crore 17% Rs 737 crore
Eternal Rs 20,057.98 crore Rs 663.67 crore 3.3% Rs 300.53 crore
Hindustan Petroleum Corporation Ltd Rs 1,28,600 crore (Rs 12,672 crore) – (Rs 12,296 crore)
IndusInd Bank Ltd Rs 6,006.26 crore – – Rs 672.68 crore
JSW Energy Ltd Rs 4,915.68 crore Rs 2,642.52 crore 53.8% Rs 324.29 crore
Nestle India Ltd Rs 6,062.89 crore Rs 1,354.29 crore 22.3% Rs 836.61 crore NTPC Green Energy Ltd Rs 1,095.3 crore Rs 907.43 crore 82.8% Rs 283.5 crore
Shoppers Stop Ltd Rs 1,182.34 crore Rs 178.52 crore 15.1% (Rs 19.58 crore)
Tata Communications Ltd Rs 6,610.97 crore Rs 1,309.31 crore 19.8% Rs 329.03 crore United Spirits Ltd Rs 2,835.1 crore Rs 495.84 crore 17.5% Rs 305.37 crore
Other Earnings Today
Other companies that will be announcing their results on Wednesday are Adani Green Energy Ltd., Adani Power Ltd., Aye Finance Ltd., Bharat Petroleum Corporation Ltd., CIE Automotive India Ltd., CSB Bank Ltd., Dr. Reddy’s Laboratories Ltd., Eternal Ltd., Gandhar Oil Refinery (India) Ltd., Geojit Financial Services Ltd., HEG Ltd., HFCL Ltd., Hindustan Petroleum Corporation Ltd., IIFL Finance Ltd., Indusind Bank Ltd., JSW Energy Ltd., Jubilant Ingrevia Ltd., Mahindra Holidays & Resorts India Ltd., NACL Industries Ltd., Nippon Life India Asset Management Ltd., Nestle India Ltd., NTPC Green Energy Ltd., Oracle Financial Services Software Ltd., Orient Electric Ltd., Schaeffler India Ltd., Shoppers Stop Ltd., Smartworks Coworking Spaces Ltd., SRF Ltd., Stylam Industries Ltd., Tanla Platforms Ltd., Tata Communications Ltd., Tips Music Ltd., UCO Bank, United Spirits Ltd., UTI Asset Management Company Ltd., and Vardhman Special Steels Ltd.
