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According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year. Meanwhile, net profit after tax is likely to surge up to 54% YoY.

Coal Indias Q4 performance shows promising growth, with higher EBITDA and net profit. Strong operational show expected for the quarter ended March 2024, driven by lower employee costs and other strategic measures.

Management outlook on order pipeline, margin trajectory, working capital and cash flow management would be key monitorables, believe analysts

However, net profit is expected to decline over 46 percent from last quarter, which included a one-time gain from stake sale in dairy subsidiary.

On a five-year basis, the Nifty50 index has given a return of 70.37 percent, thus outperforming the HDFC stock by a considerable margin. The HDFC stock has only given a return of 46.15 percent during the same period.

The IT services firm is seen reporting a 14 percent increase in consolidated revenue on slowing deal closures and loss of wallet share among its top clients.

On a YoY basis, the profitability of capital goods companies is expected to be flat, but softening commodity prices and operating leverage could lead to an improvement sequentially. The pack could witness moderate growth in net profit on a yearly basis, most analysts believe.

TCS revenues are seen growing 7.6 per cent YoY (1.8 per cent QoQ) to $7,202 million in dollar terms. In CC terms, revenue growth is likely to be at 0.9 per cent QoQ, implying 90bp of currency tailwind, a brokerage said.