Adani Ports and Special Economic Zone Ltd., Bharti Airtel Ltd. and Britannia Industries Ltd. are among the top names that will announce their earnings for the first quarter on Tuesday.
Adani Ports is likely to post net profit of Rs 2,929.90 crore and revenue of Rs 8,455 crore for the quarter ended June, according to a survey of analysts' estimates done by Bloomberg. Its earnings before interest, taxes, depreciation and amortisation is seen at Rs 5,012.60 crore, and margin is expected at 59.29%.
Britannia Industries is likely to report a net profit of Rs 568.95 crore and total revenue of Rs 4,610.90 crore for the first quarter, according to estimates. Its Ebitda is seen at Rs 814.50 crore, and margin is expected at 17.66%.
Here are the earnings estimates of major companies that are scheduled to announce their results on Tuesday:
Bharti Airtel is likely to report a net profit of Rs 5,660.40 crore and total revenue of Rs 49,761.8 crore for the first quarter, according to estimates. Its Ebitda is seen at Rs 27,980 crore, and margin is expected at 56.23%.
On the other hand, Gujarat Gas is likely to report a net profit of Rs 362.40 crore and total revenue of Rs 4,033.40 crore for the first quarter, according to estimates. Its Ebitda is seen at Rs 522.20 crore, and margins are likely to be at 12.95%.
Other companies announcing their June quarter results on Tuesday include Lupin, Berger Paints, Exide Industries, Gland Pharma, Alembic Pharmaceuticals, and more.
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