ITC Ltd., Multi Commodity Exchange of India Ltd. and Adani Power Ltd. are among the top names that will announce their earnings for the first quarter on Friday.
ITC is likely to clock net profit at Rs 5,084.86 crore and revenue of Rs 18,261.19 crore for the quarter ended June, according to a survey of analysts' estimates done by Bloomberg.
MCX will also be reporting its results for the quarter on Thursday. The company is likely to report a net profit of Rs 200.57 crore and revenue of Rs 389.13 crore for the first quarter, according to estimates.
Here are the earnings estimates of major companies that are scheduled to announce their results on Friday:
Adani Power is likely to report a net profit of Rs 4,569 crore and total revenue of Rs 16,011.15 crore for the first quarter, according to estimates. Its Ebitda is seen at Rs 6,763 crore, and margin is expected at 42.2%.
On the other hand, UPL is likely to report a net loss of Rs 281.44 crore and total revenue of Rs 9,344.57 crore for the first quarter, according to estimates. Its Ebitda is seen at Rs 1,248.9 crore.
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