Next week, several major Indian companies are set to announce their Q4 results, giving investors and analysts a glimpse into the financial health of these corporations. Among the prominent companies scheduled to declare their Q4 results are ITC, Hindalco, Pfizer, Power Grid, IndusInd Bank, RVNL, and JSW Steel, among others.
ITC, a leading FMCG company, is expected to report a strong set of numbers, driven by its cigarette and FMCG businesses. The company’s revenue is expected to grow by around 10-12% year-on-year, driven by a recovery in cigarette volumes and a strong performance from its FMCG segment.
Hindalco, a leading aluminum and copper producer, is expected to report a significant improvement in its profitability, driven by higher aluminum prices and a low base effect. The company’s revenue is expected to grow by around 15-20% year-on-year, driven by a recovery in aluminum prices and a strong performance from its copper segment.
Pfizer, a leading pharmaceutical company, is expected to report a moderate set of numbers, driven by a decline in sales of its COVID-19 vaccine. The company’s revenue is expected to decline by around 5-7% year-on-year, driven by a decline in vaccine sales and a high base effect.
Power Grid, a leading power transmission company, is expected to report a strong set of numbers, driven by a recovery in power demand and a low base effect. The company’s revenue is expected to grow by around 10-12% year-on-year, driven by a recovery in power demand and a strong performance from its transmission segment.
IndusInd Bank, a leading private sector bank, is expected to report a moderate set of numbers, driven by a decline in net interest income and a high base effect. The company’s revenue is expected to decline by around 5-7% year-on-year, driven by a decline in net interest income and a high base effect.
RVNL, a leading railway company, is expected to report a strong set of numbers, driven by a recovery in railway traffic and a low base effect. The company’s revenue is expected to grow by around 15-20% year-on-year, driven by a recovery in railway traffic and a strong performance from its railway segment.
JSW Steel, a leading steel producer, is expected to report a significant improvement in its profitability, driven by higher steel prices and a low base effect. The company’s revenue is expected to grow by around 20-25% year-on-year, driven by a recovery in steel prices and a strong performance from its steel segment.
Overall, next week’s Q4 results are expected to provide a mixed bag of results, with some companies reporting strong numbers and others reporting moderate or weak numbers. Investors and analysts will be closely watching the results to gauge the financial health of these companies and the overall performance of the Indian economy.