Q1 Results Coming in this week: Airtel, Vedanta, ONGC, Tata Power, LIC and Other companies to declare, Click here to know:
As the earnings season approaches its conclusion, numerous firms such as Airtel, ONGC, LIC, Vedanta, and Tata Power are poised to announce their June quarter results this week.
The first quarter earnings of India Inc. have displayed a diverse performance spectrum. Information Technology firms have surpassed expectations, whereas banking entities have registered performances that fell short of projections. With the earnings season drawing to a close, key players such as Airtel, ONGC, LIC, Vedanta, and Tata Power are poised to disclose their June quarter financial outcomes in the upcoming week.
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In the preceding week, an array of notable corporations unveiled their Q1 financial reports. This list includes Zomato, State Bank of India, Adani Power, Axis Bank, ICICI Bank, Tata Motors, Titan, and Britannia, marking a significant phase in the corporate fiscal calendar.
‘’Sector-wise, metals have been affected by weak results and higher imports harming domestic industries. Capital goods and real estate have been impacted by profit-booking, while the auto sector has suffered due to below-expected monthly sales figures,'' said Geojit's Vinod Nair.
The Q1 results are anticipated next week, from August 5 to August 10. On August 5, expect reports from Bharti Airtel, ONGC, Marico, Bharti Hexacom, Honeywell Automation, Deepak Nitrite, Motherson Sumi, Tata Chemicals, Brigade Enterprises, Devyani International, Triveni Turbine, among others.
On August 6, look out for results from Power Finance Corp, Vedanta, Tata Power, Britannia Industries, TVS Motor, Bosch, Shree Cement, Solar Industries, Lupin, Linde India, PB Fintech, PI Industries, Berger Paints, Gujarat Gas, and more.
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