HCLTech, Angel One Q3 Results Today—Earnings Estimates
Anand Rathi Wealth Management Ltd., Den Networks Ltd., Marathon Nextgen Realty Ltd. and Himadri Specialty Chemical Ltd. will also announce their results on Monday.
HCLTech Ltd., Angel One Ltd. and Delta Corp. are among the top names that will announce their earnings for the third quarter on Monday.
HCLTech is likely to clock a net profit of Rs 4,614 crore and a revenue of Rs 30,036 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg.
On the operating side, the estimate for earnings before income and tax or Ebit is Rs 5,864 crore. The margin is projected at 19.52%.
This comes after the Shiv Nadar-founded company reported a sequential revenue increase of 2.9% for the quarter ended September 2024. The company’s revenue totalled Rs 28,862 crore, aligning with analysts' estimates of Rs 28,637.2 crore.
The management will also provide guidance for the coming period that will be closely tracked. The press conference will be held in the evening, after the release of the financial statement on the stock exchanges.
Angel One is likely to report a net profit of Rs 297 crore and revenue of Rs 1,159.5 crore for the third quarter, according to the estimates.
Meanwhile, Anand Rathi Wealth Management Ltd., Den Networks Ltd., Marathon Nextgen Realty Ltd. and Himadri Specialty Chemical Ltd. will also announce their results on Monday.
