Apart from the above, Alok Industries, Anant Raj Ltd, Aditya Birla Money, GNA Axles, Himadri Speciality Chemical, International Gemological Institute India, Indag Rubber, Lotus Chocolate Company among others will declare their results.
The IT sector results were off to a subdued start mostly in-line with expectations. Overall, corporate India is likely to see another muted quarter with Nifty earnings growth expected at just 2% YoY. Kotak Institutional Equities expects Nifty profit to decline 0.6% YoY with most sectors likely reporting weak prints.
Earnings growth stayed weak for the first three quarters of FY25, and experts believe the trend will likely continue in the final quarter too. This means the Nifty may end FY25 with just 5% year-on-year (YoY) earnings growth.
Brokerage firm Nuvama has warned that a solid profit recovery still seems out of reach. With global uncertainty rising, there’s also a risk of earnings downgrades, which could threaten the current forecast of 13% EPS growth for FY26.
For the March quarter, earnings growth is expected to come mainly from metals (up 24% YoY), telecom (which may turn from loss to profit), and healthcare (up 11% YoY). BFSI (banking, financial services, and insurance) and IT will likely contribute modestly, with growth of 2% and 6% YoY, respectively.However, earnings from private banks, PSU banks, and NBFCs (non-banking financial companies) are expected to slow down. Private banks may see a 3% drop—marking their first decline since March 2020. PSU banks might grow earnings by just 4%, the slowest in 19 quarters, while NBFCs could dip 1% YoY.Mahindra Logistic Q4 expectations
Mahindra Logistics is expected to report a revenue growth of 16% YoY to Rs 1680 crore and EBITDA is expected to grow at 33% YoY to Rs 75 crore with margins at 4.4% (expansion of 50bps YoY). The company is expected to report profits of Rs 1.7 crore as compared to losses in both YoY and QoQ, according to estimates from Nuvama.
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