Tata Motors, Maruti Suzuki, Bajaj Finance, Ambuja Cements, Raymond Q3 Results Today — Earnings Estimates

Tata Motors Ltd., Bajaj Finance Ltd., Maruti Suzuki India Ltd., and Raymond Ltd. are among the top names that will announce their earnings for the third quarter on Wednesday.

Tata Motors is likely to clock a profit of Rs 6,435 crore and revenue of Rs 1.16 lakh crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. Analysts also estimate the Ebitda of the company to be Rs 15,514 crore, at a margin of 13.30%.

Bajaj Finance is expected to clock in a net profit worth Rs 4,130.4 crore, as per consensus estimates. Analysts also estimate the revenue to come in at Rs 11,567.7 crore.

Maruti Suzuki is likely to clock a profit of Rs 3,603.7 crore and revenue of Rs 38,435.5 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. Operating income, or earnings before interest, taxes, depreciation, and amortisation is expected to be at Rs 4,504.6 crore with the margin at 11.70%

Ambuja Cements is likely to report a net profit of Rs 478 crore and revenue of Rs 5,027.4 crore for the third quarter, according to the estimates. The company is estimated to report an Ebitda of Rs 919.2 crore and a margin of 18.30%, as per Bloomberg analysts.

The other companies that will announce their earnings on Wednesday include Allied Blenders And Distillers, Adani Power, Brigade Enterprises, Computer Age Management Services and Chalet Hotels.

Deepak Fertilisers & Petrochemicals Corporation, Indian Bank, Jindal Stainless, Jupiter Wagons, KPIT Technologies, Olectra Greentech, Orient Electric, Hitachi Energy India, Quess Corp, Radico Khaitan and Raymond will also announce results for quarter ended December.

The other names like Restaurant Brands Asia, Teamlease Services, Voltas and Westlife Foodworld will also announce their third quarter results.