According to analysts polled by CNBC-TV18, TCS Q2 constant currency growth is seen at 2.5-2.6 percent versus 3.1 percent (QOQ), despite the fact that September quarter traditionally benefits from seasonal factors including higher working days and start of projects.
Bharti Airtel's performance is expected to be soft with India wireless doing well. However, currency pressures in Africa may damp consolidated performance. In Q1 consolidated revenue growth is expected at 2.2 percent driven by 4.2 percent India wireless revenue offset by 2.5 percent decline in Africa.
During the period, EBITDA may grow 11.2 percent to Rs 897 crore versus Rs 806.4 crore while margins may stand at 23 percent versus 21 percent.
Analysts polled by CNBC-TV18 expect revenue growth likely to remain volume-led. Volume growth is estimated at 8-13 percent. It had announced average 2 percent price cut across all segments in March. Revenue may see marginal impact of Jat agitation in Rohtak.
According to a CNBC-TV18 poll, the FMCG major is seen reporting net profit at Rs 996 crore in Q4FY16, marginally down by 2 percent from Rs 1018 crore in corresponding quarter last fiscal. During the period, revenue may rise 4 percent at Rs 7990 crore against Rs 7675 crore on annual basis.
During the period, EBITDA is seen growing 77 percent at Rs 649 crore versus Rs 366 crore while operating profit margin may jump at 16.3 percent verus 14.2 percent on annual basis.
According to CNBC-TV18 poll, average revenue per user (ARPU) is likely to be at Rs 174 compared to Rs 171 on sequential basis. Net subscriber addition may be at 0.45 million against 0.34 million quarter-on-quarter.
Seventy percent of economists and financial experts polled by CNBC-TV18 expect Governor Rajan to cut repo rates by 25 bps on June 2.
Key issues to watch out are volume growth trends and demand scenario in urban and rural geographies. Outlook on demand in industrial paints and raw material scenario will also be crucial.
According to a CNBC-TV18 poll, the range could be anywhere between -0.6 percent and -2.56 percent. The core WPI is seen at around -0.4 to -0.5 percent as against -0.35 percent on a month-on-month basis.
Combating immense pressure on both bankers and corporates‘ front, the Reserve Bank Governor Raghuram Rajan maintained status quo in today‘s bi-monthly policy.
Here are the findings of a CNBC-TV18 poll of economists and bond dealers – people who track inflation and interest rates most closely.
A CNBC-TV18 poll of economists has estimated IIP to come in at 2.4 percent on the back of a pick up in industrial activity and better core sector numbers.
The WPI inflation is likely to ease on food inflation pulling down the entire headline index.
Expectation is that GDP will not touch 5 percent. Acording to CNBC-TV18, the number could be 4.7 percent, which would still be higher than the now revised 4.5 percent GDP growth of last year.
Bimal Jalan, former governor feels for the near-term, it is necessary to concentrate on growth, until the harvest come rather than worry too much about inflation.
A poll conducted by CNBC-TV18 shows that the street is unanimously expecting the RBI to hike the repo rate by 25 basis points in its October 29 monetary policy meeting.
Steel Authority of India's Q1 realisatoin is likely to report dip of around 11.5 percent Y-o-Y on account of subdued domestic steel market.
The bigger worry or bigger number that the market will be looking at is the core inflation. In the last month itself it had fallen to 2 percent. One only hopes that it doesn‘t worsen further.
Tata Steel will announce Q1 numbers later in the day. Analysts expect its net sales to also drop around 3 percent to Rs 32606 crore. However, EBITDA margins will improve slightly to 9.6 percent on higher volumes at Tata Steel India.
Most analysts are overweight on the Power Grid stock on high visibility in capex plan, estimates of strong earnings of around 17 percent till FY15.
Expect a 1.5 percent Y-o-Y decline in Rel Infra's Q1 revenue on lower contribution from engineering and construction (E&C) segment
NTPC's fuel cost savings were on on-track in Q1 but sales from its high margin spot market may slow due to cap on volume / realization
Analysts are concerned about JP Associates share price correction in medium term as the company is not seeing any meaningful growth in order book in EPC business
ACC has pan India Presence: Feedback from cement dealers suggests that in 1Q FY14, pan-India cement prices were down around 6 percent Y-o-Y