According to a mean consensus of four brokerage firms, the company is expected to report a Revenue of Rs 17,475 crore in Q1FY24. This is supposed to be a 15.2 percent increase YoY from Rs 15,164 crore reported in Q1FY23.
Analysts and shareholders will also look for cues on the company’s semiconductor business and dividend announcement
According to a Bloomberg survey of 14 brokerages, the conglomerate’s consolidated net sales are expected to come in at Rs 2.14 lakh crore and net profit is estimated at Rs 16,995.50 crore according to seven brokerages.
Maruti Suzuki and Tata Motors are likely to perform well in passenger cars while Bajaj Auto may significantly outperform the domestic 2W industry, say analysts.
Brokerages hint at a weak April-June quarter for chemical companies, marred by pricing pressure, weakening demand and eroding margins.
The domestic IT sector is bearing the brunt of a global slowdown, project cancellations, delays in decision-making process and reduction in small-scale and time-sensitive deals
Revenue is forecasted to be around Rs 15,477 crore in the April to June quarter, with an expected increase of 9.1 percent year-on-year and 4.6 percent sequentially.
Analysts also expect its net interest income (NII) — the difference between interest earned and interest paid – to climb 15.6 percent to Rs 4,770 crore.
Net Interest Income (NII) is expected to increase by 5.2 percent Y-o-Y (up 19.1 percent Q-o-Q) to Rs. 4,912.2 crore, according to KRChoksey.
Net Interest Income (NII) is expected to increase by 1.9 percent Q-o-Q (increase 36.2 percent Y-o-Y) to Rs. 17,997.9 crore, according to KRChoksey.
Net Interest Income (NII) is expected to increase by 1.1 percent Y-o-Y (up 21.1 percent Q-o-Q) to Rs. 23,601 crore, according to KRChoksey.
Net Interest Income (NII) is expected to increase by 1.6 percent Y-o-Y (up 32 percent Q-o-Q) to Rs. 6,201.3 crore, according to KRChoksey.
Net Interest Income (NII) is expected to increase by 27 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 5,965.8 crore, according to Prabhudas Lilladher.
Net Interest Income (NII) is expected to increase by 14.9 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 4,739.5 crore, according to Prabhudas Lilladher.
Net Interest Income (NII) is expected to increase by 32 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 17,434.1 crore, according to Prabhudas Lilladher.
Net Interest Income (NII) is expected to increase by 20.6 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 23,491.5 crore, according to Prabhudas Lilladher.
Net Interest Income (NII) is expected to increase by 23.4 percent Y-o-Y (down 1.4 percent Q-o-Q) to Rs. 11,578.7 crore, according to Prabhudas Lilladher.
The company may be impacted by the continued softness in the discretionary IT spends driving project ramp-downs/deferments in the US.
Net Interest Income (NII) is expected to increase by 28.5 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 40,097.5 crore, according to Nirmal Bang.
Net Interest Income (NII) is expected to increase by 32 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 11,’670.3 crore, according to Nirmal Bang.
Net Interest Income (NII) is expected to increase by 29 percent Y-o-Y (up 9.5 percent Q-o-Q) to Rs. 1,325.8 crore, according to Nirmal Bang.
Net Interest Income (NII) is expected to increase by 21.7 percent Y-o-Y (up 2.3 percent Q-o-Q) to Rs. 1,952.7 crore, according to Nirmal Bang.
Net Interest Income (NII) is expected to increase by 17.5 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs. 4,845.3 crore, according to Nirmal Bang.
Net Interest Income (NII) is expected to increase by 34.3 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 17,740.1 crore, according to Nirmal Bang.
Net Interest Income (NII) is expected to increase by 21.6 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 23,689.8 crore, according to Nirmal Bang