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Vedanta Q3 results: Phillip Capital expects Vedanta to report a 30 per cent YoY drop in net profit at Rs 1,097.40 crore compared with Rs 1,561 crore in the same quarter last year.
By Sohini Das Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers
Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).
PNB Q4 results: Emkay Global expects PNB's profit at Rs 1,254 crore, up 522 per cent YoY. It sees NII growing 25.3 per cent YoY to Rs 9,149 crore. PL expects PNB to log a three-fold jump in profit at Rs 621 crore.
Zomato's gross order value (GOV) for food delivery business may remain flat sequentially (up 14.2 per cent YoY) in the March quarter despite the activation of Zomato Gold membership, ICICI Securities said.