iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Q3FY22: RIL, HDFC Life, SBI Life, JSW Steel among key earnings to watch today

21 Jan 2022 , 10:36 AM

On Friday, invest0rs keenly await for major December 2021 (Q3FY22) earnings of Reliance Industries (RIL), HDFC Life Insurance Company, SBI Life Insurance Company and JSW Steel. These company stocks will be in focus on exchanges following their results.

In Q3FY22, RIL is expected to garner a healthy quarter with both bottom-line and top-line front witnessing a substantial growth led by robust performance of the refining segment and recovery in the retail segment. The Oil-To-Chemicals segment’s operating profit could improve on a sequential basis on the back of an increase in key petrochemical spreads, prices and refining margin. Further, RIL’s telecom and retail business is expected to continue its stellar growth momentum.

Meanwhile, HDFC Life Insurance is likely to record double-digit growth of 34% YoY and 15% YoY in new business premium and renewal premium driven by strong trends in Annuity and PAR segments. The company’s Value of New Business (VNB) could grow at health of more than 20%.

As for SBI Life Insurance, the company is likely to record health premium growth aided by the insurer’s well-diversified geographical reach and strong distribution network. Further, continued traction in non-PAR savings and protection products, recovery in ULIPs augur well for the company.

Further, JSW Steel’s top-line front is expected to rise on the back of higher crude steel production and healthy capacity utilization. Spike in prices of coking call, costs associated with Dolvi plant though are likely to impact operating and net profit margins of the company on a sequential basis.

Companies like Bandhan Bank, Hindustan Zinc, IDBI Bank, Vodafone Idea, Inox Leisure, Jyothy Labs, L&T Finance Holdings, Max Ventures and Industries and PVR are also some of the major Q3 earnings lined for today.

Other companies are – CSB Bank, California Software, Elixir Capital, Gland Pharma, Gokaldas Exports, Heritage Foods, Kajaria Ceramics, Oriental Aromatics, Pioneer Distilleries, PNB Gilts, Polycab India, Ramco Industries, RattanIndia Power, Share India Securities, Supreme Petrochem, Supriya Lifescience, Tanla Platforms, Vinyl Chemicals, and Wendt (India).

Related Tags

  • BSE
  • companies earnings
  • corporate earnings
  • corporate results
  • Corporate results live
  • corporate results today
  • corporate results updates
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.