While most companies are expected to show moderate earnings growth in the June quarter, the brokerage has identified four firms that are likely to report a double-digit decline in their net profit for Q1FY25. Let’s delve into the details.
3 min read10 Jul 2024Domestic brokerage firm Motilal Oswal anticipates its coverage universe to report pre-sales of ₹286 billion in 1QFY25, reflecting a 79% year-over-year (YoY) increase and flat quarter-over-quarter (QoQ) performance.
3 min read10 Jul 2024While the majority of the companies are likely to post moderate earnings growth in the June quarter, brokerage Motilal Oswal has listed 4 firms that are likely to post over 40 percent YoY growth in their net profit for Q1FY25. Let’s take a look.
3 min read9 Jul 2024Q1 results preview: Auto demand in the quarter ended June 2024 remained strong. Auto OEMs reported volume growth of around 10% year-on-year (YoY) in Q1FY25, with broad-based growth in almost all the segments.
3 min read8 Jul 2024Top picks for June quarter earnings season include Hindustan Unilever, Godrej Consumer, and Dabur in the FMCG space. MOFSL expects steady volume recovery and improved profitability metrics for its coverage universe in 1QFY25.
3 min read8 Jul 2024Q1FY25 result preview: Oil marketing companies (OMCs) may report a subdued quarter, but several other sectors, such as automobiles, banks, and pharma, may see a decent YoY rise in net income.
3 min read8 Jul 2024Q1 results preview: Hindustan Unilever (HUL) is expected to report flat revenues, while improving growth trend from Marico and Britannia Industries and a mixed bag performance from Godrej Consumer Products and Tata Consumer Products are estimated.
3 min read4 Jul 2024Q1 results preview: Banking sector Q1 results are likely to be characterized by net interest margin (NIM) strain with sustained funding cost pressures, better loan growth but softer deposit and CASA growth, steady slippages, and softer recovery trends.
4 min read3 Jul 2024Q1 results preview: IT sector Q1 results are expected to be a mixed bag with sluggish revenue growth and improving operating margins. Revenues are likely to recover as the ramp-up of large cost-takeout deals could drive growth for large-caps in a seasonally strong quarter, analysts said.
4 min read2 Jul 2024The 5.0% YoY and 6.3% sequential revenue growth for Corporate India in Q4FY24 was supported by healthy demand in consumer-oriented sectors like airlines, hotels, automotive and FMCG. In addition, the growth in power and construction sectors was strong.
2 min read18 Jun 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared