Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Oct 26, 2024

ICICI Bank, REC, IDFC First Bank, Yes Bank Q2 Results Today — Earnings Estimates

ICICI Bank, REC, IDFC First Bank, Yes Bank Q2 Results Today — Earnings Estimates
Today, ICICI Bank Ltd., REC Ltd., IDFC First Bank Ltd., and Yes Bank Ltd. will report their earnings for the September quarter, with analysts anticipating significant profits based on recent estimates.(Image Source: m./ Unsplash)

ICICI Bank Ltd., REC Ltd., IDFC First Bank Ltd. and Yes Bank Ltd. will be in focus on Saturday as they announce their earnings for the September quarter of the current financial year.

ICICI Bank is likely to report a net standalone profit of Rs 10,952 crore for the quarter ended September, according to Bloomberg estimates.

REC, a public finance company, is likely to clock a standalone bottom line of Rs 3,745 crore. IDFC First Bank is likely to have a standalone profit of Rs 670 crore, while Yes Bank is expected to report profit worth Rs 513 crore.

Godawari Power & Ispat Ltd. is estimated to report a profit of Rs 217 crore and a revenue of Rs 1,218 crore. The integrated steel manufacturer is estimated to report an Ebitda of Rs 324 crore and an Ebitda margin at 26.6%, as per Bloomberg analysts.

JK Cement Ltd. is estimated to report a profit of Rs 111 crore and a revenue of Rs 2,550 crore. It is estimated to report an Ebitda of Rs 370 crore and an Ebitda margin at 14.5%, according to Bloomberg estimates.

SBFC Finance Ltd. is expected to clock in Rs 81 crore as standalone profit, as per analysts.

Voltamp Transformers Ltd., an industrial application transformers manufacturer, is estimated to report a profit of Rs 74 crore and a revenue of Rs 425 crore. It is estimated to report an Ebitda of Rs 79 crore and an Ebitda margin at 18.6%, as per Bloomberg analysts.

Cement company Sanghi Industries Ltd. is estimated to report a loss of Rs 75 crore and a revenue of Rs 269 crore. It is estimated to report an Ebitda of Rs 9 crore and an Ebitda margin at 3.4%, according to Bloomberg estimates.

Here Are Earnings Estimates Of Major Companies

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search