Quarterly results that are expected today include Eicher Motors, Indian Oil Corporation, UPL, Ashok Leyland, Apollo Tyres, Star Cement, Symphony, Zee Media Corporation, Allahabad Bank.
Future Supply Chain Solutions, JBF Industries, SKM Egg Products, Tanla Solutions, Trent, Digicontent, Uttam Value Steels, MAS Financial Services, Gandhi Special Tubes, Tamilnadu Petro Products, Ajanta Pharma, Indiabulls Ventures, Carborundum Universal, Container Corporation of India, Genus Paper & Boards, Heritage Foods, Blue Dart Express, Motilal Oswal Financial Services, Mahindra Holidays & Resorts India, Creditaccess Grameen, LG Balakrishnan & Bros, Sanwaria Consumer, HCL Infosystems, IndiaMart InterMesh, Sequent Scientific, Future Retail, Petronet LNG, CARE Ratings, Zydus Wellness, Tata Global Beverages, Hester Biosciences, Jagran Prakashan will also be announcing their Q1 numbers today.
Here are the street expectation for important companies releasing their results today:
consensus estimates for Q1FY20E:
Revenue – Rs2,352cr, down by 8% yoy; volume decline estimated at ~19% yoy each for standalone business and VECV.
EBITDA – Rs642cr, down by 21% yoy; due to negative operating leverage and inability to fully pass on the cost pressure (in standalone business) and high discounting pressure in VECVs.
EBITDA Margin – 27.3%, contraction of 450bps yoy.
PAT – Rs528cr, a decline of 8% yoy.
consensus expectations for Q1FY20E:
Revenue – Rs7,384cr, up by 78.6% yoy, and decline by 13.4% qoq.
EBITDA – Rs1,560cr, up by 84.1% yoy, 10.6% qoq, due to growth in revenue.
PAT – Rs492cr, decline by 3.6% yoy and up by 138.6% qoq.