The fourth quarter (Q4) earnings season is set to kick off next week, with several prominent companies scheduled to announce their results. From May 5 to 11, investors will be closely watching the quarterly performances of companies like Dabur, Britannia, Biocon, Paytm, and Swiggy, among others. Here’s a brief overview of what to expect:
Dabur India, the leading FMCG company, will announce its Q4 results on May 5. The company is expected to report a strong performance, driven by its domestic business and growth in the healthcare segment. Analysts predict a revenue growth of 10-12% and a net profit increase of 15-18%.
Britannia Industries, another major player in the FMCG sector, will declare its Q4 results on May 5. The company is likely to report a robust performance, fueled by its biscuits and dairy businesses. Analysts expect a revenue growth of 8-10% and a net profit increase of 12-15%.
Biocon, the biotechnology major, will announce its Q4 results on May 6. The company is expected to report a strong performance, driven by its biologics and small molecules businesses. Analysts predict a revenue growth of 15-18% and a net profit increase of 20-25%.
Paytm, the digital payments company, will declare its Q4 results on May 6. The company is likely to report a significant increase in revenue, driven by its payment and financial services businesses. Analysts expect a revenue growth of 20-25% and a reduction in net losses.
Swiggy, the food delivery and restaurant discovery platform, will announce its Q4 results on May 10. The company is expected to report a strong performance, driven by its growth in the food delivery and hyperlocal delivery businesses. Analysts predict a revenue growth of 30-40% and a reduction in net losses.
Other companies that will announce their Q4 results next week include Cipla, Larsen & Toubro, and Bajaj Auto, among others. Investors will be closely watching the performances of these companies, as they will provide insights into the current state of the economy and various sectors.
Overall, the Q4 earnings season is expected to be a crucial one, as it will provide a direction for the market and the economy. Investors will be looking for signs of growth, profitability, and guidance for the future, which will help them make informed investment decisions. With several high-profile companies announcing their results next week, it’s going to be an exciting and closely watched earnings season.