Dixon Technologies (India), Edelweiss Financial Services, Emkay Global Financial Services, IFB Industries, Intellect Design Arena, Jindal Steel & Power, Jindal Stainless, Just Dial, Mahindra Lifespace Developers, Mahindra Logistics, Max Financial Services, Motilal Oswal Financial Services, NIIT, Nucleus Software Exports, Quess Corp, RPG Life Sciences, Sundaram-Clayton, Vakrangee and Zee Media Corporation will announce their quarterly earnings on October 30.
According to the media reports, Reliance Industries (RIL) to report a 26.5% drop in net profit, while it believes sales may drop 35.1%. Refining segment EBITDA may decline qoq as lower crude throughput and adverse exchange rate offset modestly higher margins. GRMs to come in at $7.5/barrel, compared with 9.40/barrel a year ago, and ARPU at Rs142.
IndusInd Bank’s profit for the September quarter could fall more than 60% yoy as provisions are likely to increase in the range of 100-200% yoy, though the same may decline sequentially. Net interest income during the quarter is expected to increase around 10% yoy with around a percent loan growth and 10% growth in deposits compared to the year-ago period, the media reports added.
As per media reports, Indian Oil Corporation (IOC) is likely to post 140% yoy growth in net profit and gross refining margins at $2.50 per barrel.
Reliance Industries Ltd is currently trading at Rs2,041.35, up by Rs14.8 or 0.73% from its previous closing of Rs2,026.55 on the BSE.
Indian Oil Corporation Ltd is currently trading at Rs81.35, up by Rs2.9 or 3.7% from its previous closing of Rs78.45 on the BSE.
UPL Ltd is currently trading at Rs454.75, up by Rs4.2 or 0.93% from its previous closing of Rs450.55 on the BSE.
IndusInd Bank Ltd is currently trading at Rs595.50, up by Rs6.8 or 1.16% from its previous closing of Rs588.70 on the BSE.