Apart from the above, Aegis Logistics, Apollo Micro Systems, Atul Ltd, Balkrishna Industries, Bandhan Bank, Bank of Baroda, Bharat Electronics, DLF, Eris Lifesciences, Eureka Industries, Gensol Engineering, HPCL, Icra, Inox Green, JM Financial, Jubilant Pharmova among others will also declare their results.
IndiGo Q2 expectations
Aviation major IndiGo is likely to report subdued numbers with the company likely slipping back into the losses in the second quarter ended September 2024.While Kotak Equities and Motilal Oswal peg the loss for the company anywhere between Rs 236 and Rs 680 crore, Nuvama is expecting the budget airline to report a PAT of around Rs 107 crore.IndiGo had reported a net profit of Rs 189 crore in the September quarter of last year and a profit of Rs 2728 crore in the preceding June quarter.
Net sales, meanwhile, are seen rising 5% year-on-year during the second quarter under review, according to an average estimate of four brokerages.
JSW Steel Q2 expectations
JSW Steel’s net sales in the September quarter is expected to fall between 2% and 8.5% on an year-on-year basis on lower realisations and decline in volumes, according to estimates by four brokerages. The revenue could fall in a range of Rs 40,010 crore and Rs 43,700 crore, the estimates revealed.
On the bottom line, the Nifty company could report a fall of 71-80% on a YoY basis in Q2FY25. The net profit is in the range of Rs 200 crore and Rs 659 crore.
JM Financial remains most bullish on JSW Steel’s July-September quarter revenue while Nuvama Institutional Equities has the most conservative estimates.
Nuvama also has the lowest PAT estimates for the company, estimating its adjusted net profit numbers at Rs 200 crore. Kotak Institutional Equities pegs highest estimates among its peers whose views have been taken into account.
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