JSW Steel, IndusInd Bank, Cipla, JSW Energy and Godrej Consumer Products are among the notable companies that will announce their third quarter financial results on Friday, Jan. 23. Here are the analysts' consensus estimates compiled by Bloomberg:
JSW Steel's consolidated Q3 estimates indicate moderate year‑on‑year improvement. Revenue is projected to grow 9% to Rs 44,515 crore from Rs 40,793 crore. EBITDA is expected to rise 16% to Rs 6,447 crore. Operating margins may soften slightly, declining to 13.7% from 14.5%, a relative drop of 5.52%. Profit is estimated to jump 77% to Rs 1,400 crore from Rs 789 crore.
IndusInd Bank's standalone Q3 estimates suggest a challenging year‑on‑year trend. Net interest income is expected to decline 14% to Rs 4,472 crore from Rs 5,228 crore. The bank's NIM is projected at 3.49%, down from 3.93%, a drop of 11.20%. Profit is estimated to fall sharply by 80% to Rs 272 crore compared with Rs 1,401 crore last year.
Cipla's consolidated Q3 estimates show a mixed performance. Revenue is projected to rise 8% to Rs 7,528 crore from Rs 6,962 crore. EBITDA, however, is expected to decline 12% to Rs 1,752 crore. Margins are likely to fall to 23.3% from 28.6%, translating to an 18.53% relative contraction. Profit is estimated to drop 21% to Rs 1,247 crore from Rs 1,571 crore.
Laurus Labs' consolidated Q3 estimates reflect strong year‑on‑year growth. Revenue is expected to increase 16% to Rs 1,647 crore from Rs 1,415 crore. EBITDA is projected to surge 56% to Rs 446 crore. Margins may expand to 27.1% from 20.2%. Profit is estimated to more than double, rising 111% to Rs 194 crore from Rs 92 crore.
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JSW Energy's consolidated Q3 estimates show robust year‑on‑year momentum. Revenue is projected to rise 86% to Rs 4,462 crore from Rs 2,400 crore. EBITDA is expected to jump 154% to Rs 2,226 crore. Margins may expand to 49.9% from 36.5%, a relative increase of 36.71%. Profit, however, is estimated at Rs 149 crore, down 5% from Rs 157 crore last year.
Godrej Consumer Products' Q3 estimates suggest steady year‑on‑year improvement. Revenue is projected to grow 9% to Rs 4,114 crore from Rs 3,768 crore. EBITDA is expected to increase 14% to Rs 862 crore. Margins may improve to 21% from 20.1%. Profit is likely to rise 18% to Rs 587 crore from Rs 498 crore.
Sona BLW Precision Forgings' Q3 estimates indicate healthy growth, though margins may soften. Revenue is expected to rise 31% to Rs 1,134 crore from Rs 868 crore. EBITDA is projected to grow 20.09% to Rs 281 crore. Margins may decline to 24.7% from 27%. Profit is estimated to increase 13% to Rs 171 crore from Rs 151 crore.
DCB Bank's standalone Q3 estimates indicate mixed trends. Net interest income is projected to increase 14.18% to Rs 620 crore from Rs 543 crore. NIM is expected at 3.18%, slightly lower than 3.3%, a decline of 3.64%. Profit is estimated to fall 18.38% to Rs 151 crore compared with Rs 185 crore last year.
Full List Of Q3 Earnings:
Adani Green Energy, Atul, Bharat Petroleum Corporation, Cipla, DCB Bank, Gandhar Oil Refinery (India), Godrej Consumer Products, Granules India, India Cements, IndusInd Bank, Innova Captab, JSW Energy, JSW Steel, Kirloskar Pneumatic Company, Laurus Labs, Multi Commodity Exchange of India, Nuvama Wealth Management, Paras Defence and Space Technologies, Prime Focus, Piramal Finance, SG Mart, Shriram Finance, Sona BLW Precision Forgings, Sterlite Technologies, Stylam Industries, Urban Company, and Welspun Specialty Solutions.
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