JSW Steel Ltd., Ashok Leyland Ltd., Glenmark Pharmaceuticals Ltd., and Aditya Birla Fashion and Retail Ltd. are among the companies that are set to announce their fourth-quarter results on Friday.
Here’s a look at the consensus analysts’ estimates that are compiled by Bloomberg.
India’s largest private steel producer, JSW Steel‘s consolidated revenue for the March quarter is expected to rise 10% on a sequential basis to Rs 44,720 crore, compared to Rs 40,793 crore from the last quarter.
Ebitda is likely to grow 17% to Rs 6,548 crore from Rs 5,579 crore, while margin is expected to expand to 14.6% from 13.7% a quarter ago. Net profit is seen more than doubling to Rs 1,608 crore from Rs 789 crore.
Ashok Leyland is expected to show a standalone revenue of Rs 12,065.5 crore. The company’s Ebitda is estimated at Rs 1,685 crore, with a margin of 14%. The projected net profit is Rs 1,100 crore.
Aditya Birla Fashion is estimated to have a revenue of Rs 3,503 crore, and an operating margin of 10.7%. The company is estimated to report a net loss of Rs 192 crore, lower than the Rs 230 crore loss last year.
Glenmark Pharmaceuticals is estimated to report a revenue of Rs 3,365 crore. Its Ebitda is projected at Rs 598 crore, with a margin of 17.8%. The estimated net profit stands at Rs 344 crore.
Full List Of Earnings On May 23
Aditya Birla Fashion and Retail, Afcons Infrastructure, AIA Engineering, Anupam Rasayan India, Apollo Micro Systems, Ashoka Buildcon, Ashok Leyland, Azad Engineering, Balkrishna Industries, BEML, Cello World, Devyani International, Dreamfolks Services, Finolex Industries, Fusion Finance, Glenmark Pharmaceuticals, Gujarat Narmada Valley Fertilizers & Chemicals, GE Vernova T&D India, JSW Steel, Jtekt India, Linde India, Lux Industries, Narayana Hrudayalaya, PSP Projects, Ramco Industries, Reliance Infrastructure, Timken India and West Coast Paper Mills.
. Read more on Earnings by NDTV Profit.JSW Steel’s consolidated revenue for the March quarter is expected to rise 10% on a sequential basis, while Aditya Birla Fashion is projected to narrow its loss. Read MoreQuarterly Earnings, Business, Notifications
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