Apart from the above, companies like Websol Energy, Sobha, Shiva Mills, REC, PVR Inox, NMDC, Majoj Vaibhav, MRF, KP Energy, Apollo Tyres, Agro Tech Foods and a few others will also declare their quarter results.
ITC Q3 expectations
Diversified conglomerate ITC is likely to see a high-single growth in third quarter revenues as the bottomline is expected to decline due to higher other income and lower tax rate in the comparative year.Also Read: ITC Q3 Results Live UpdatesRevenue from operations is seen rising 8% year-on-year (YoY), according to an average estimate of five brokerages. Meanwhile, profit may fall 6% YoY.
The hotels business growth likely in the range of 13-16% YoY will be the standout among all the segments due to a strong wedding and holiday season.
The Cigarette business expected to show stable volumes and pricing, with the portfolio continuing to grow, aided by improvements in product mix. Analysts are modeling a 4% volume growth in the business in the third quarter.
Airtel Q3 expectations
Telecom major Bharti Airtel’s third quarter earnings will likely get a boost from Indus Towers consolidation, which was effective from mid quarter.
Indus Towers, in November last year, announced a change in its board structure with cessation of the Board appointment rights of three Vodafone shareholders, which in analysts view would be effective date of consolidation of Indus Towers financials with Bharti Airtel.
Net profit for the reporting period is likely to jump 109% year-on-year (YoY), according to an average estimate of seven brokerages. Revenues, meanwhile, are seen rising 17% YoY.
EBITDA during the third quarter could rise 15% YoY, while margins are set to expand. Analysts are estimating ARPU (average revenue per user) to come in the range of Rs 244-249 as against Rs 233 in the preceding September quarter.
SBI Q3 expectations
India’s largest public lender SBI is expected to post a high single-digit growth in its net interest income (NII) for the quarter ended December 31, 2024 on strong loan growth. The topline is seen between Rs 42,290 crore and Rs 42,845 crore according to estimates by four brokerages, which is a likely uptick of 6.2%-7.6%.
SBI’s Q3FY25 net profit could go up between 61% and 89% to be in the range of Rs 14,748 crore to Rs 17,293 crore, the estimates said.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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