The fourth quarter earnings season is picking up momentum and on Wednesday as many as 52 companies will announce their quarterly numbers. Key earnings to watch out include from Vedanta, Adani Power, IOC and Varun Beverages.
Apart from the above Federal Bank, Forbes & Company, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Orient Green Power Company among others will also declare their results.
Vedanta Q4 expectations
Metal major Vedanta is expected to report a strong year-on-year growth in its March quarter net profit according to estimates given by four brokerages. The uptick is seen in a wide range of 116% to 141% YoY with the bottom line of Rs 3,287 crore - Rs 5,340 crore. The revenue from operations in Q4FY25 is expected between 6.5% and 11% over the corresponding quarter of the last financial year.
The estimates of Nuvama Institutional Equities, ICICI Securities, Kotak Institutional Equities and Motilal Oswal Financial Services (MOFSL) have been taken into account.
The net profit is expected to fall on a quarter-on-quarter basis amid cost pressures. Margins are also expected to take a sequential hit due to higher costs in the aluminum segment and mixed trends in commodity prices.
Street will be keeping an eye on the management commentary around its demerger plans and regarding its debts.
Nuvama said that Vedanta’s likely EBITDA decrease on a sequential basis will be due to mixed bag metal price changes as aluminium inched up by 0.8% QoQ while zinc decreased 7% QoQ.
“Higher alumina cost shall increase aluminium CoP by 5% QoQ. Zinc CoP is likely to further decrease 2% QoQ. We expect aluminium/power/O&G EBITDA to decrease by 2.6%/2.1%/4.2% QoQ while Zinc India/international zinc to rise by 0.2%/1.8% QoQ,” it said.
Kotak sees Vedanta’s January-March quarter net profit at Rs 3,287 crore, reflecting a significant 141% YoY growth. However, the PAT may decline 7% sequentially. Meanwhile, revenue may be reported at Rs 39,173 crore, which could be an increase of 10.3% YoY.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Apart from the above Federal Bank, Forbes & Company, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Orient Green Power Company among others will also declare their results.
Vedanta Q4 expectations
Metal major Vedanta is expected to report a strong year-on-year growth in its March quarter net profit according to estimates given by four brokerages. The uptick is seen in a wide range of 116% to 141% YoY with the bottom line of Rs 3,287 crore - Rs 5,340 crore. The revenue from operations in Q4FY25 is expected between 6.5% and 11% over the corresponding quarter of the last financial year.
The estimates of Nuvama Institutional Equities, ICICI Securities, Kotak Institutional Equities and Motilal Oswal Financial Services (MOFSL) have been taken into account.
The net profit is expected to fall on a quarter-on-quarter basis amid cost pressures. Margins are also expected to take a sequential hit due to higher costs in the aluminum segment and mixed trends in commodity prices.
Street will be keeping an eye on the management commentary around its demerger plans and regarding its debts.
Nuvama said that Vedanta’s likely EBITDA decrease on a sequential basis will be due to mixed bag metal price changes as aluminium inched up by 0.8% QoQ while zinc decreased 7% QoQ.
“Higher alumina cost shall increase aluminium CoP by 5% QoQ. Zinc CoP is likely to further decrease 2% QoQ. We expect aluminium/power/O&G EBITDA to decrease by 2.6%/2.1%/4.2% QoQ while Zinc India/international zinc to rise by 0.2%/1.8% QoQ,” it said.
Kotak sees Vedanta’s January-March quarter net profit at Rs 3,287 crore, reflecting a significant 141% YoY growth. However, the PAT may decline 7% sequentially. Meanwhile, revenue may be reported at Rs 39,173 crore, which could be an increase of 10.3% YoY.
(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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