IIFL forecasts the company’s net profit for Q3 FY16 to soar to Rs. 23.9 crore, growing at a rate of 31.1% yoy and 1.2% qoq.
IIFL expects net revenue to surge to Rs. 284 crore at 3.9% yoy; however, it is expected to dip 0.4% qoq.
IIFL expects EBIDTA margin at 15.7%, with a yoy rise of 2.4 bps.
Other key Q3 results on February 9 include Apollo Tyres, Aurobindo Pharma, Bharat Forge, Britannia, CESC, Dr Reddy’s Lab, GAIL, GMDC, Hindalco Industries, MOIL, Motherson Sumi, SAIL, Ramco Cement and Timken India.