Firms' operating margins soared to record high of 28.6 per cent
As regards the financial sector, analysts at Credit Suisse expect the management commentary on asset quality to turn more positive given a recent pick-up in collections
The Sep quarter earnings season has already kicked in with commodities conglomerate Vedanta posting a 23.5 per cent drop in profit as one of the world's strictest lockdowns hit production and demand
June indicates a change in trend from previous quarters in terms of how much companies are spending on employees
Analysts foresee the bank reporting sluggish business growth in Q1 on the back of Covid-19 induced nationwide lockdown
EBITDA tood at Rs 531.4 cror for the quarter under review, down 34.7 per cent, from Rs 813.4 crore of Q1FY20, and by 27.6 per from Rs 733.9 crore logged in Q4FY20
The provision of Rs 3,008 crore is held by the bank on Covid-19 related accounts as on June 30, 2020
The HFC's revenue from operations stood at Rs 13,017.68 crore for the quarter under review, compared Rs 12,990.29 crore earned in the previous year quarter
Some sectors like telecom, FMCG, select consumer durables, two-wheelers, IT, and select financials etc. are likely to recover faster, Jain said
Amid declining interest income and lower net profit sequentially, analysts see India's largest public sector bank's business growth to be modest in the recently concluded quarter
The company said closure of scheduled operations till May 24, 2020 and lower capacity deployment thereafter on account of Covid-19 significantly impacted the quarterly results
Besides the impact of Covid-19, sluggish loan growth due to merger integration, moratorium and delay in the resolution of NCLT accounts are some of the factors that are likely to dent earnings
Analysts at Centrum Broking estimate the airline to clock a net loss of Rs 2,672.6 crore driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs
Analysts at Phillip Capital have an outlier estimate for the bank's net profit for this quarter. They peg the PAT at Rs 585.2 crore, up a whopping 94 per cent QoQ.
With domestic air travel resuming only from May 25th, analysts expect Q1 performance to be adversely impacted due to truncated size of operations & travel restrictions by state governments
A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ
However, analysts expect the numbers to deteriorate as more companies announce their results
The Tata Chemicals' subisidiary's consolidated revenue grew 6 per cent to Rs Rs 663 crore for the quarter under review as against Rs 623 crore in the same quarter of FY20
These companies reported an increase in revenue and/or profit before tax for the March quarter
The company's total revenue came in at Rs 3,420.67 crore, up 26.67 per cent against Rs 2,700.35 crore in the corresponding quarter of the previous fiscal.