Bajaj Finance, HDFC Life, KPIT Tech, Macrotech Developers among key Q4 earnings to watch today

26 Apr 2022 , 11:39 AM

Bajaj Finance, HDFC Life Insurance Company, Aditya Birla Sun Life AMC, KPIT Technologies, Macrotech Developers, Mahindra Logistics, Nippon Life India Asset Management, NELCO, Atul and AU Small Finance Bank will be in focus ahead of their Q4 earnings.

These companies are going to announce their financial performance for the quarter ending March 2022 (Q4FY22) period.

Bajaj Finance could clock in healthy growth for the March 2022 quarter. It is one of the key beneficiaries from economic recovery. The company has reported robust growth in assets under management (AUM) of 9% on a sequential basis and 29% over the year-ago quarter to Rs1.98 Trillion. After adjusting for short-term IPO financing, this metric grew 5% sequentially and 26% versus the year-ago quarter.

Other companies that will announce their Q4 today are – Gateway Distriparks, IIFL Capital Services, Sanofi India, Schaeffler India, Som Distilleries & Breweries, Tata Coffee, Tata Teleservices (Maharashtra), United Breweries, UTI Asset Management Company, VST Industries, D-Link (India), International Travel House, Gujarat Hotels, Jindal Hotels, JK Agri Genetics, and Jumbo Bag.

Meanwhile, benchmark indices trading with strong gains in the late morning trade amid firmness in index pivotal. The Nifty traded above the 17,150 level. All the sectoral indices on the NSE traded in the green with auto, FMCG and realty shares gaining the most.