Latest business news
Titan Q4FY25 results preview: Titan, Tata Group’s jewellery-to-eyewear brand, is set to report its March quarter (Q4FY25) results on Thursday, May 8. Analysts project strong revenue growth, led by healthy performance across key business segments. However, they expect margins to remain under pressure, with incremental gold lease-related costs likely leading to flat profit after tax…
Radhakishan Damani-owned Avenue Supermarts (DMart) is set to reveal its March quarter (Q4FY25) results on Saturday, May 3. The retail player is expected to report a decent year-on-year (YoY) growth in its sales and profit. However, margins may remain under pressure despite a largely stable general merchandise and apparel mix. DMart, one of the largest…
IOCL Q4 Preview: Indian Oil Corporation Ltd (IOCL), the state-owned energy major, is set to announce its fourth-quarter earnings for FY25 on Wednesday, April 30. Analysts are anticipating a subdued performance, largely due to weaker marketing margins, under recoveries in LPG, and pressure on refining spreads. Domestic brokerage Nuvama Institutional Equities expects IOCL’s EBITDA to…
Vedanta Q4 Preview: Vedanta Ltd, the Anil Agarwal-led metal major, is set to announce its Q4 results tomorrow. The board of directors of the company, in its meeting on 30 April, will consider and approve the financial results for the fourth quarter of FY25. Along with Vedanta Q4 results, the board will also approve the…
ICICI Bank Q4 Results Preview: Net profit to rise over 10% YoY on loan growth, NII growth seen 9% YoY. ICICI Bank’s core net interest income rose by 9.5 per cent YoY to ₹20,048 crore in the July-September quarter of 2024-25 (Q2FY25), driven by a 15.7 per cent expansion in its domestic loan portfolio. The…
Wipro Q4 Results 2024 Preview: IT major Wipro Ltd is set to conduct its board meeting on April 16 and 17 to consider its upcoming January to March quarter results for the fiscal year 2024-25. India’s fourth-largest information technology (IT) giant announced that the financial results will be approved by the company’s Board of Directors…
The Indian banking sector is expected to post subdued earnings growth in Q4FY25, driven by modest loan and deposit growth, pressure on net interest margins (NIMs), and rising slippages in unsecured and microfinance segments. However, improved recoveries and regulatory changes may aid credit costs. According to Motilal Oswal Financial Services (MOFSL), net interest income (NII)…
Q4 Metals Preview: Axis Securities, in its report, indicated that in Q4FY25, the EBITDA for steel firms under its coverage, including Tata Steel and SAIL, is anticipated to show a quarter-on-quarter improvement primarily due to increased sales volumes and reduced coking consumption costs, although this will be slightly countered by a minor decline in steel…