BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Report
Revenue growth (ex-financials and oil market company) to grow by 19% YoY, primarily driven by oil and gas and IT. Revenue growth to remain in double digit mode even as the base effect normalises.
We see operating margins to increase by 40 basis points sequentially as commodity prices peak and companies endeavor to pass on costs. However, on YoY basis, operating margins are likely to contract by 103 bps, the second consecutive quarter of contraction.
Adjusted profit after tax is likely to grow by 18% YoY, largely driven by strong performance from oil and gas and real estate. Automobiles to see steep contraction of 55%, hampered by supply side issues.
For financials, ne interest income growth is likely to be strongest in the last five quarters as credit offtake picked up during the festive season.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
