Several Indian companies are set to announce their fourth-quarter results on Tuesday, including Hindalco Industries Ltd., Dixon Technologies (India) Ltd., Zydus Lifesciences Ltd., and Torrent Pharmaceuticals Ltd. According to consensus analysts’ estimates compiled by Bloomberg, here’s what can be expected from each company:
Hindalco Industries Ltd. is expected to report a 6% increase in consolidated revenue, reaching Rs 59,251 crore. The company’s estimated Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) is Rs 8,048 crore, with a margin of 13.6%. The net profit is forecasted to be Rs 3,555 crore.
Dixon Technologies (India) Ltd. is anticipated to report revenue of Rs 10,748 crore, with an Ebitda of Rs 403 crore and a margin of 3.7%. The company’s net profit is expected to be Rs 217 crore.
Zydus Lifesciences Ltd. is expected to report revenue of Rs 6,434 crore, with an Ebitda of Rs 2,026 crore and a margin of 31.5%. The company’s net profit is forecasted to be Rs 1,370 crore.
Torrent Pharmaceuticals Ltd. is estimated to report revenue of Rs 2,988 crore, with an Ebitda of Rs 981 crore and a margin of 32.8%. The company’s net profit is expected to be Rs 524 crore.
These estimates suggest that all four companies are expected to report significant revenue and profit growth in the fourth quarter. Hindalco’s revenue growth is expected to be driven by a rebound in demand for aluminum and copper products. Dixon Technologies’ revenue growth is expected to be driven by an increase in demand for electronic products. Zydus Lifesciences and Torrent Pharmaceuticals are expected to benefit from a strong performance in the pharmaceutical sector.
Overall, the fourth-quarter results of these companies are expected to provide insights into the performance of various industries, including metals, electronics, and pharmaceuticals. The results will also be closely watched by investors and analysts to gauge the impact of various macroeconomic factors on the companies’ performance.