13 Jan 2022 , 09:56 AM
The corporate earnings season continues to be in a full swing. Many companies have been lined up to announce their financial performance for the quarter ending December 2021 (Q3FY22) period.
The Q3 earnings will revolve around factors like Covid cases, festive season, rising costs, heavy monsoon in the quarter in various regions of the country, digital transformation, improvement in pent-up demand and sales.
Companies that are set to announce their Q3 belonged to sectors like IT, chemicals, metals to NBFCs among others.
Major companies like Mindtree, Tata Metaliks, Aditya Birla Money and CESC - will be presenting their Q3 earnings today.
In Q3FY22, Mindtree is expected to record a double-digit growth on a year-on-year basis in bottom-line, net sales and operating profit. However, sequentially, the performance will be on a single-digit growth.
Other companies that will also announce their Q3 are - Athena Global Technologies, Eureka Industries, Gautam Gems, GTPL Hathway, Mega Corporation, Mishtann Foods, Palm Jewels, Plastiblends India, Rotographics (India), and Surana Solar.
Markets extend their previous gains as investors react to major Q3 earnings. Sensex nears 61,350 and Nifty 50 topped over 18,270.
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