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Earning Estimates: Reliance Industries, Hindustan Zinc, IndusInd Bank, L&T Finance Q4 Results Today — What To Expect

Margin erosion is expected to weigh down RIL's net profit, even as revenue is forecasted to grow by 7%.

Earning Estimates: Reliance Industries, Hindustan Zinc, IndusInd Bank, L&T Finance Q4 Results Today — What To Expect
Here are the earning estimates of Hindustan Zinc, IndusInd Bank, L&T Finance and other companies announcing results on Friday, April 24.
Photo source: Freepik

Reliance Industries, Hindustan Zinc, IndusInd Bank, L&T Finance and Lodha Developers will announce the financial results for the fourth quarter of the current financial year on Thursday. The earnings statements will be disclosed through the stock exchanges.

RIL's consolidated revenue is seen rising 6.7% quarter-on-quarter to around Rs 2,82,748 crore, while operating income or Ebitda is expected to increase 2.9% to about Rs 47,343 crore, according to NDTV Profit's estimates. Margin is expected to soften to 16.7% from 17.4% in the December quarter, and net profit is seen declining roughly 9% to Rs 16,944 crore.

Segment-wise, the retail business is expected to see a 10.6% drop in revenue to Rs 87,568 crore, though Ebitda may rise 2% to Rs 7,051 crore due to cost management, with growth constrained by a high base. 

The oil-to-chemicals segment's Ebitda is seen flat at around Rs 16,505 crore despite higher gross refining margins, weighed down by higher freight costs, insurance premiums, elevated gas costs, increased LPG output, and diversion of gas produced at the KG basin to priority sectors.

ALSO READ: RIL Q4 Results Preview: Modest Revenue Growth, Margin Compression To Weigh On Profit

CompanyRevenueEBITDAMarginProfit
Adani Green EnergyRs 3,409 croreRs 2,997.4 crore87.9%Rs 522.6 crore
Can Fin HomesRs 435.28 croreRs 277.33 crore
Chennai Petroleum CorporationRs 17,866.5 croreRs 3,507 crore19.6%Rs 2,491.3 crore
DCB BankRs 1,003.9 croreRs 260.94 crore
HIndustan ZincRs 12,200 croreRs 6,900 crore57%Rs 4,400 crore
IndusInd BankRs 6,385.65 croreRs 211.23 crore
Lodha DevelopersRs 4,426.18 croreRs 1,243.43 crore28.10%Rs 836.77 crore
L&T FinanceRs 3,073.55 croreRs 912.63 crore
Mahindra & Mahindra Financial ServicesRs 2,512.02 croreRs 832.75 crore
Mangalore Refinery and PetrochemicalsRs 8,8700 croreRs 6,899.6 crore7.8%Rs 3,250 crore
Reliance IndustriesRs 2,82,748 croreRs 47,343 crore16.7%Rs 16,944 crore
Shriram FinanceRs 26,752.47 croreRs 9,735.97 crore
Zensar TechnologiesRs 1,474.5 croreRs 236.92 crore16.1%Rs 195.74 crore

Hindustan Zinc expected to post a 34% rise in standalone revenue at Rs 12,200 crore, and an Ebitda of Rs 6,900 crore, implying a margin of 57% with net profit estimated to rise 48% at Rs 4,400 crore.

IndusInd Bank is expected to report a revenue of Rs 6,386 crore, along with a net profit of Rs 211, according to the consensus estimate of analysts shared by Bloomberg. L&T Finance is estimated to generate a revenue of Rs 3,074 crore and a bottom-line of Rs 912.63 crore.

Adani Green Energy, Atul, Bhansali Engineering Polymers, Can Fin Homes, Chennai Petroleum Corporation, DCB Bank, Mahindra & Mahindra Financial Services, Mangalore Refinery and Petrochemicals, Shriram Finance Ltd, Supreme Petrochem, Tanla Platforms and Zensar Technologies are other companies that will be announcing their results on Friday.

ALSO READ: Infosys Vs TCS Vs Wipro: Deal Wins To Outlook — What Q4 Results Of India's Top IT Players Show

(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)

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