L&T Tech, Oracle, Ceat Q3 Results Today — Earnings Estimates
Oracle Financial Services Software Ltd., HDFC Life Insurance Co. and Ceat Ltd. are among the top names that will announce their earnings for the third quarter on Wednesday.
HDFC Life is likely to clock a standalone profit of Rs 417 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg.
The insurer posted a net profit of Rs 433 crore in the quarter ended Sept. 30, 2024. That compares with a consensus estimate of Rs 543 crore of analysts polled by Bloomberg. In the year-ago period, the company posted a net profit of Rs 377 crore.
L&T Technology Services is expected to clock in 373 crore and revenue worth Rs 2,663 crore, as per consensus estimates. The tech giant is expected to post Ebit of Rs 420 crore, at a likely margin of 15.75%.
The engineering research and development services company posted a profit of Rs 320 crore in the quarter ended Sept. 30, as compared to a Rs 333 crore estimate by Bloomberg analysts. In the previous quarter, the company posted a profit of Rs 314 crore.
Oracle Financial Services is likely to report a net profit of Rs 619 crore and revenue of Rs 1,768 crore for the third quarter, according to the estimates. The company is estimated to report an Ebit of Rs 790 crore and a margin of 44.67%, as per Bloomberg analysts.
Ceat is likely to clock a net profit of Rs 102 crore and revenue worth Rs 3,347 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. The company is expected to post an Ebitda of Rs 325 crore at a margin of 9.70%, as per estimates.
The full list of companies reporting their third-quarter results on Tuesday includes Aeroflex Industries, Authum Investment & Infrastructure, Ceat, HDFC Life Insurance Company, L&T Technology Services, Bank of Maharashtra, Maharashtra Scooters, Nelco, Oracle Financial Services Software, Oriental Hotels, Punjab & Sind Bank, Reliance Industrial Infrastructure, and Transrail Lighting.
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