ITC Ltd., Grasim Industries Ltd., Sun Pharmaceuticals Industries Ltd. and Container Corp are among the companies that are set to announce their fourth-quarter results on Thursday.
Here's a look at the consensus analysts' estimates that are compiled by Bloomberg.
ITC's standalone revenue for the March quarter is expected to rise 3.5% year-on-year to Rs 16,978 crore. Net profit is seen falling to Rs 4,942.6 crore.
Cigarette volumes and sales are expected to grow modestly, but margin pressures from inflation in leaf tobacco and raw materials are likely to weigh on profitability.
Sun Pharma's consolidated revenue for the March quarter is expected to rise 13% year-over-year to Rs 13,254 crore, compared to Rs 11,813.33 crore a year ago. The company's net profit is expected to rise 5.24% to Rs 2,793.94 crore for the quarter.
Grasim Industries is estimated to have a revenue of Rs 8,720 crore. The Ebitda is projected at Rs 3,584 crore, with a margin of 41%. However, the company is estimated to report a net loss of Rs 110 crore.
Lastly, Concor is estimated to report a revenue of Rs 2,463 crore, with a net profit of Rs 361 crore.
Q4 Earnings Estimates For May 22
Full List Of Earnings On May 22
Astra Microwave Products, Barbeque-Nation Hospitality, Centum Electronics, Clean Science and Technology, Container Corporation of India, Deepak Fertilisers & Petrochemicals Corporation, Emcure Pharmaceuticals, Gandhar Oil Refinery (India), GMR Airports, Goodluck India, Grasim Industries, Greenpanel Industries, Gujarat State Petronet, HFCL, Honasa Consumer, Igarashi Motors India, Indoco Remedies, ITC, Max Estates, Metro Brands, MTAR Technologies, Power Mech Projects, Premier Explosives, The Ramco Cements, Sandhar Technologies, Strides Pharma Science, Subros, Sun Pharmaceutical Industries, TBO TEK, Unichem Laboratories.
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