The company’s sales could rise 18 percent at Rs 10,997 crore versus Rs 9,311 crore posted during the same quarter last year.
Credit Suisse maintained an outperform stance on the stock and raised the target to Rs 310.
The net sales are likely to be higher by 9 perent at Rs 10,409 crore against Rs 9,562 crore.
Net Sales are expected to increase by 10.7 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 10585.2 crore, according to Edelweiss.
Profit is seen rising 29 percent year-on-year to Rs 460 crore and revenue may increase 23 percent to Rs 10,620 crore in January-March quarter, according to average of estimates of analysts polled by CNBC-TV18.
Net Sales are expected to increase by 3.7 percent Q-o-Q (up 8.8 percent Y-o-Y) to Rs 25424.7 crore, according to Motilal Oswal.
Sales are expected to increase by 17.2 percent Q-o-Q (down 0.3 percent Y-o-Y) to Rs 8900.9 crore, according to ICICI Securities.
During the period, its operating profit margin may gain 9 percent at Rs 960 crore versus Rs 877.39 crore while operating margin at 11.1 percent versus 10.23 percent (year-on-year).
Sales are expected to decrease by 5.8 percent Q-o-Q (down 4.8 percent Y-o-Y) to Rs 8165.2 crore, according to ICICI Securities
Revenue is seen falling 5 percent to Rs 8,210 crore in quarter ended December 2015 compared to Rs 8,602 crore in corresponding quarter of last fiscal due to lower base metal prices but decline may get arrested by higher aluminum production from Mahan and Aditya smelters.
Revenue may fall 6 percent to Rs 8,010 crore during the quarter compared to Rs 8,553.4 crore in same quarter last fiscal, impacted by lower realisations as aluminum prices corrected by 20 percent year-on-year. Lower realisations may be partly supported by ramp-up of Mahan and Aditya smelters.
Operating profit in Q1 may fall 9 percent at Rs 682 crore versus Rs 748 crore while operating profit margin may come in at 7.7 percent against 9.4 percent.
The company's operating margins disappointed due to its aluminum business.
Aluminium major Hindalco Industries's fourth quarter profit may rise 18 percent year-on-year to Rs 293 crore, according to a CNBC-TV18 poll. The company will announce its earnings on May 28.
Tarang Bhanushali of IIFL recommends accumulating the stock with a target price of Rs 160 per share.
Aluminium major Hindalco Industries will announce its third quarter earnings on Thursday. Profit after tax is expected to increase 26 percent year-on-year to Rs 420 crore led by strong revenue and operating income, according to a CNBC-TV18 poll. However, higher depreciation and interest costs may restrict profitability.
In an interview to CNBC-TV18, Tarang Bhanushali of IIFL and Giriraj Daga of Nirmal Bang Institutional Equities spoke about the financial performance of the company in the quarter gone by and the road ahead.
Sales are expected to increase by 6.4 percent Q-o-Q (up 35.1 percent Y-o-Y) to Rs 8507.5 crore, according to ICICIdirect.
A Kotak report said net profits of the BSE-30 Index grew 19.3 percent (YoY), marginally ahead of its estimate of 18.2 percent growth, while the EBITDA grew 31 percent (YoY) versus the expectation of 29.5 percent growth.
Sales of Hindalco Industries are expected to decrease by 0.3 percent Q-o-Q (up 10.7 percent Y-o-Y) to Rs 21735.1 crore, according to Motilal Oswal.
Aluminium major Hindalco Industries will declare its third quarter (October-December) earnings today. According to CNBC-TV18 poll, analysts expect profit after tax of the Aditya Birla group owned company to fall 25 percent year-on-year (9 percent sequentially) to Rs 325 crore during the quarter.
Sales of Hindalco Industries are expected to increase by 14 percent Q-o-Q (up 13.7 percent Y-o-Y) to Rs 22,522.2 crore, according to Motilal Oswal.
Sales are expected to rise 11.8 percent Y-o-Y to Rs 6,839 crore in three-month period ended September 2013, driven by higher realisation in aluminum and copper segments in rupee terms (owing to weak rupee).
Hindalco Industries, the manufacturer of non-ferrous metals would save nearly Rs 150 crore of interest payment on annual basis following refinancing of Utkal alumina project, Managing Director, D Bhattacharya told CNBC-TV18.
Profit after tax of Hindalco Industries may fall by 22.3 percent year-on-year to Rs 330 crore while sales are likely to be flat at Rs 5,973 crore in June quarter from Rs 5,964 crore in a year ago period, according to a CNBC-TV18 poll.