In addition to the above companies, Abbott India, ADF Foods, Ajmera Realty, Alkyl Mines, Alps Industries, Alembic Pharma, ASI Industries, Balgopal Commercial, Capital SFB, Care Ratings, Escorts Kubota, Grand Foundry, Gopal Snacks, HPCL, and IOB, among others, will also be releasing their March quarter numbers.
SBI Q4 Expectations:
SBI is expected to report muted numbers for the fourth quarter ended March 2024. Analysts are predicting a flat or even a slight decline in net interest income (NII) due to higher operating expenses and NIM normalization. Operating expenses are expected to be higher due to wage revision-related costs, leading to a projected 24% drop in net profit for the quarter.
Asian Paints Q4 Expectations:
Asian Paints is expected to report a net profit of Rs 1,317 crore for the quarter ended March 2024, a 5% increase year-on-year. The company may also see a 4.3% increase in revenue to Rs 9,160 for the quarter. Demand for paints remained steady in Q4, but the margin expansion driven by low input prices is expected to be impacted by rising crude oil prices and price cuts in the future.
(Disclaimer: The views expressed by experts are their own and do not represent those of Economic Times)
