Earnings to watch out for today: Hindustan Unilever, Karnataka Bank

The results expected today include Hindustan Unilever, Karnataka Bank, Tata Sponge Iron and 3i Infotech.

Oct 12, 2018 04:10 IST India Infoline News Service

Quarterly Results
The results expected today include Hindustan Unilever, Karnataka Bank, Tata Sponge Iron and 3i Infotech.

Given below are our expectations for the Nifty 50 stock, which will be releasing their Q2FY19 results today.

HUL Consensus estimates for Q2FY19E:

Revenue – Rs9,299cr, up 13.4% yoy, led by volume growth of ~9% yoy (4% volume in Q2FY18)
EBITDA – Rs1,997cr, up 18.8% yoy
EBITDA Margin – 21.5%, expansion of 96bps yoy; ad spends expected to remain elevated
PAT – Rs1,440cr, up 16.5% yoy

Hindustan Unilever Ltd is currently trading at Rs1,551.60 up by Rs23.1 or 1.51% from its previous closing of Rs1,528.50 on the BSE.

Hindustan Unilever Ltd is currently trading at Rs1,551.60 up by Rs23.1 or 1.51% from its previous closing of Rs1,528.50 on the BSE.

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