LTIMindtree Ltd., Punjab National Bank and CEAT Ltd. are scheduled to announce their third quarter results on Monday, Jan. 19. Here are the analysts' consensus estimates compiled by Bloomberg:
LTIMindtree is expected to report a steady quarter-on-quarter performance in the October-December quarter. Revenue is estimated to rise by 3.19% to Rs 10,726 crore from Rs 10,394 crore. EBIT to rise by 3.52%, coming in at Rs 1,706 crore compared with Rs 1,648 crore in the previous quarter. The operating margin is projected to remain largely stable, dipping slightly to 15.84% from 15.86%. Net profit is expected to be flat at Rs 1,413 crore versus Rs 1,401 crore earlier.
Punjab National Bank is estimated to post a year‑on‑year growth across most key metrics. Net interest income uo by 1.7% to Rs 11,217 crore from Rs 11,032 crore a year earlier. The bank's net interest margin, however, could decline to 2.64% from 2.93%. Profit is projected to grow by 5.4%, to Rs 4,751 crore compared with Rs 4,508 crore last year and operating profit by 6.51% to Rs 7,052 crore from Rs 6,621 crore. Meanwhile, the gross NPA ratio may fall on a sequential basis to 3.25% from 3.45%.
CEAT is extimated to deliver a strong year‑on‑year performance in the third quarter. Revenue is projected to grow by 20% to Rs 3,971 crore from Rs 3,300 crore in the same period last year. EBITDA could surge by 48% to Rs 506 crore from Rs 341 crore, leading to a margin improvement to 12.8% from 10.3%, Net profit is expected to jump 84% to Rs 178 crore from Rs 97 crore a year earlier.
Bharat Heavy Electricals Ltd., Hatsun Agro India Ltd., Havels India Ltd., Hindustan Zinc Ltd., Indian Railway Finance Corp., Oberoi Realty Ltd., and Tata Capital Ltd. will be the other companies that will announce their third quuarter results of Monday. Besides results, the companies may announce dividends and other corporate updates.
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