Revenue is expected to be flat at Rs 3,865.8 crore in the quarter ended June 2016 against Rs 3,852.8 crore in year-ago period but may go up 18.3 percent QoQ.
Idea Cellular has missed Street estimates with a weak performance for the April-June quarter. The company on Monday said its standalone profit slumped 36.1 percent to Rs 497.1 crore from Rs 777.8 crore in the year-ago period.
Revenue growth for jewellery segment, which contributes 78 percent to total revenue, is expected to grow at 18-20 percent for the quarter. The growth may be aided by low base in year-ago period and redemptions from Golden Harvest savings scheme which was absent in Q1FY16.
Operating profit (earnings before interest, tax, depreciation and amortisation) shot up 38.4 percent on yearly basis to Rs 104 crore and margin expanded by 530 basis points to 26.1 percent in the quarter ended June.
Net profit in Q1 grew by 15 percent year-on-year to Rs 122 crore, driven by strong revenue growth in the automotive segment and favourable lead prices. Revenue increased by 11 percent to Rs 1,145 crore. Operating profit margin expanded by 100 basis points to 18.2 percent, the highest since Q4FY10.
Total minutes of usage also missed estimates, down 2.9 percent sequentially to 105 billion minutes. Analysts had estimated at 110.5 billion minutes.
Net interest income, the difference between interest earned and interest expended, grew by 20.3 percent to Rs 2,470 crore compared to Rs 2,053 crore in same quarter last year.
Revenue may increase 15 percent to Rs 1,186 crore compared to Rs 1,029 crore during the same period. Revenue growth rate may be lower compared to FY15 (22.5 percent).
Project management consultancy business grew by 30.4 percent on yearly basis to Rs 970.6 crore with EBIT (earnings before interest and tax) up 24.3 percent.
Consolidated total income increased 9.8 percent to Rs 1,109 crore compared to Rs 1,010 crore in the same quarter last year, said the Mumbai-based road developer in its filing.
Revenue for the quarter was at Rs 22,825 crore, a growth of 4.5 percent over the year-ago period and 5.4 percent over March quarter, said the company in its filing to the exchange.
Gross refining margin climbed 4.8 times to USD 10.77 a barrel during the quarter compared to USD 2.25 a barrel in same quarter last year.
Revenue jumped 6 percent year-on-year to Rs 9,234.5 crore compared to Rs 8,707.5 crore during the quarter.
Net sales or income from operations climbed 40 percent to Rs 999 crore compared to Rs 713 crore in same quarter last year, said the company in its filing to the exchange.
According to average of estimates of analysts polled by CNBC-TV18, net profit is likely to be at Rs 4,000 crore and operating profit at Rs 6,600 crore for the quarter.
Analysts expect net realisations to improve 29 percent to USD 60 a barrel during the quarter, which may be the highest net realisation over the past 15 quarters despite crude being at lowest in last 15 quarters.
Consolidated crude steel production stood at 1.1 million tonne in Q1, a 37 percent growth over corresponding quarter of last fiscal due to enhanced capacity utilisation of Angul and Oman steel plants. Steel sales increased by 39 percent to 1.1 million tonne in Q1.
Revenue in Q1 increased by 17 percent to Rs 946.5 crore compared to Rs 808.2 crore in the year-ago period.
Operating profit (earnings before interest, tax, depreciation and amortisation) is expected to jump 17.1 percent year-on-year to Rs 504 crore and margin may expand 250 basis points to 19.5 perrcent in June quarter.
Revenue met expectations, growing 10 percent to Rs 6,767.6 crore in June quarter compared to Rs 6,157 crore in March quarter.
State Bank of India (SBI) beat analysts' expectations on Tuesday with the first quarter net profit rising 10.2 percent year-on-year to Rs 3,692 crore.
Operating profit (earnings before interest, tax, depreciation and amortisation) may jump to Rs 2,100 crore in June quarter against Rs 590 crore in the corresponding quarter of last fiscal.
Revenue growth may be driven by broadband business (which may grow 6-8 percent Q-o-Q). Smarter packaging of channels may drive revenue higher.
The country's largest port developer surpassed street expectations on every count. Profit was estimated at Rs 616 crore (up 8.4 percent) on revenue of Rs 1,709 crore (up 35.5 percent) for the quarter.
Operating profit spiked 2.2 times sequentially to Rs 1,061 crore and margin expanded by 620 basis points to 11.7 percent in the quarter ended June.