Q3 Live Updates: Earnings Estimates In Chart
As per the BSE calendar, a total of 36 companies are expected to announce their third-quarter results on Jan. 16.
Q3 Live Updates: Brokerages’ On RIL Earnings
Goldman Sachs expects the energy Ebitda to remain flat sequentially as gains in refining earnings were offset by weaker petrochemical earnings. “On refining, we expect a sequential growth in net GRM to $8.7 per barrel in 3Q (+6% QoQ) driven by better ex-China supply-demand dynamics and a more favourable cost.
Dolat Capital Markets in a research report, said, sequential recovery in GRMs on account of improvement in diesel and Jet cracks, and processing of discounted crude from Russia, Iraq and Venezuela have helped the company improve its O2C earnings.
Brokerage CLSA anticipates a 13% quarter-on-quarter rise in RIL’s O2C Ebitda on the back of improvement in refining. However, “upstream Ebitda is expected to be 1% lower QoQ due to marginal decline in production”, it said.
CLSA expects the improving flow-through of tariff hikes to drive Jio’s ARPU by 6% QoQ to Rs 206, while subscribers may decline by 0.7 million. “Retail may report another quarter of slow (muted) growth, with a 2% YoY/8% QoQ rise in its Ebitda.”
RIL Q3 Preview: Better O2C, Retail Business To Boost Earnings
Reliance Industries Ltd.’s third-quarter earnings for fiscal 2025 is likely to get a boost from strong overall performance, especially the oil-to-chemicals business that saw refining margins improve during the quarter.
The adjusted net profit of India’s diversified conglomerate, led by billionaire Mukesh Ambani, is seen up 13.5% quarter-on-quarter at Rs 18,793 crore compared with Rs 16,560 crore in the previous quarter, according to consensus research estimates tracked by Bloomberg.
“RIL is expected to report a healthy 6.2% sequential growth in EBITDA, led by 12% jump in O2C business, while Jio/Retail/Upstream verticals are expected to report an EBITDA growth of 4%/7%/2% QoQ,” Systematix Institutional Equities said in a research report.
Brokerage CLSA anticipates a 13% quarter-on-quarter rise in RIL’s O2C Ebitda on the back of improvement in refining. However, “upstream Ebitda is expected to be 1% lower QoQ due to marginal decline in production”, it said.
Q3 Live Updates: Earnings Estimates Of Big Names
RIL is likely to clock a profit of Rs 619 and revenue of Rs 2,42,278 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. Analysts also estimate the EBIT of the company to be Rs 41,627 crore, at a margin of 17.20%.
Infosys is expected to clock in a net profit worth Rs 6,779 crore and revenue worth Rs 41,330 crore, as per consensus estimates. The tech giant is expected to post EBIT of Rs 8,758 crore, at a likely margin of 21.19%.
Axis Bank is likely to clock a standalone profit of Rs 6,297 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg.
LTIMindtree is likely to report a net profit of Rs 1,144 crore and revenue of Rs 9,649 crore for the third quarter, according to the estimates. The company is estimated to report an EBIT of Rs 1,367 crore and a margin of 14.17%, as per Bloomberg analysts.
Q3 Live Updates: RIL, Infosys Among Top Earnings Today
As earnings season kicked off last week, top Indian companies such as Reliance Industries Ltd., Infosys Ltd. and Axis Bank Ltd. will report their third quarter financial results on Thursday.
As per the BSE calendar, a total of 36 companies are expected to announce their third-quarter results on Jan. 16.
The full list of companies reporting their third-quarter results on Thursday includes LTIMindtree Ltd., Havells India Ltd., Sterling And Wilson Renewable Energy Ltd., Waaree Renewable Technologies Ltd., Alok Industries Ltd. and Bhansali Engineering Polymers Ltd.
DB Corp., Hatsun Agro Product, Kesoram Industries, Last Mile Enterprises, Mastek, Metro Brands, National Standard (India), Pacheli Industrial Finance, and Radhika Jeweltech will also report their earnings.
. Read more on Earnings by NDTV Profit.As per the BSE calendar, a total of 36 companies are expected to announce their third quarter results on Jan. 16. Read MoreQuarterly Earnings, Business, Markets, Notifications
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