ONGC, Sun Pharma, IndusInd Bank, LIC Housing Q3 Results Today — Earnings Estimates

Oil and Natural Gas Corp., Sun Pharmaceutical Industries Ltd., IndusInd Bank Ltd. and LIC Housing Finance Ltd. are among the top names that will announce their earnings for the third quarter on Friday.

ONGC is likely to clock a profit of Rs 9,897 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. Analysts also estimate the revenue to come in at Rs 32,254 crore. On the operating side, the company is expected to post earnings before interest, taxes, depreciation and amortisation worth Rs 17,958 crore, and the margin estimate stands at 55.70%.

Sun Pharmaceutical Industries is expected to clock in a net profit worth Rs 2,847 crore, as per consensus estimates. The Mumbai-based pharmaceutical company is likely to bring in revenue worth Rs 13,378 crore, while Ebitda and Ebitda margin are expected to be Rs 3,686 crore and 27.60%, respectively.

IndusInd Bank is likely to clock a profit of Rs 1,447 crore, while LIC Housing Finance is likely to bring in profit amounting to Rs 1,283 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg.

Cholamandalam Investment and Finance Company is likely to report a net profit of Rs 1,056 crore for the third quarter, according to the estimates. Bandhan Bank is likely to report a net profit of Rs 753 crore.

Marico is expected to clock in a net profit worth Rs 402 crore, as per consensus estimates. The FMCG company is likely to bring in revenue worth Rs 2,744 crore, while Ebitda and Ebitda margin are expected to be Rs 539 crore and 19.60%, respectively.

The other companies that will announce their earnings on Friday include City Union Bank, Five-Star Business Finance, Karnataka Bank, Aptus Value Housing Finance India and Equitas Small Finance Bank.

Triveni Turbine, Jyothy Labs, Vinati Organics, Relaxo Footwear, Mahindra Lifespace Developers, and Medplus Health Services, will also announce results for quarter ended December.