Asian Paints Q2 Preview: Profit likely to surge 60% YoY; revenue growth to moderate on delayed festival de

Asian Paints is expected to report strong quarterly earnings, with a sharp rise in consolidated net profit and revenue. The company is likely to see growth in decorative paints volume and an improvement in operational performance. The margin trajectory for future quarters will be a key focus for investors. Additionally, the outlook for the domestic decorative paints business, promotional spending trend, and raw material price trend will be closely monitored.

The company, which recently joined the Nifty club, is seen reporting a nearly 1% sequential rise in consolidated net revenue for the quarter to Rs 8,757 crore, according to the average of estimates given by 13 brokerages.However, the net profit growth will be much better than its peers given a better operational performance. The bottomline is seen rising 6.5% to Rs 1,186.40 crore

RIL Q2 Preview: Net profit for the September quarter is likely to show a solid growth of around 25% year-on-year, according to an average estimate of three brokerages. Revenue from operations, however, is likely to grow marginally (2-3%) or even decline by 2% to 2.25 lakh crore.

The conglomerate is likely to post a net profit of approximately ₹5,183 crore for the current quarter, reflecting a 3 percent increase compared to the corresponding quarter in the previous fiscal year.

HUL has clocked an EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 3,521 crore, up 8% YoY in the June quarter. ​Meanwhile, EBITDA margins improved by 40 basis points to 23.6% in the reporting period.

The consolidated net profit for the quarter is estimated to grow 17% on year to Rs 915 crore, according to the average of estimates given by nine brokerages. Consolidated revenue is estimated to be Rs 10,386 crore, registering a 16% growth from the year-ago period.

Avenue Supermart is expected to report healthy growth in its consolidated revenues, with revenue for the quarter ended December estimated to grow 17-18%. Net profit is likely to rise around 23% YoY. Analysts expect DMart to report a gross margin of 14.1% and an EBITDA margin of 8.4%. Revenue growth for Dmart in Q3 is estimated at 17.2%.

Britannia Q3 Results Preview: The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the December quarter due to flat growth in volumes, according to the average of estimates given by 10 brokerage firms.

Tata Motors Q2 Preview: Tata Motors reported a higher-than-expected net profit of Rs 3,203 crore for the quarter ended June, and revenue from operations increased 42% to Rs 1.02 lakh crore.

Nestle India is expected to have double-digit revenue growth between January to March 2022, however, it is anticipated that price hikes will be the main contributor, whilst the underlying volume growth remains slow at 3%. Despite the positive figures, gross and EBITDA margins are expected to fall due to a rise of inflation on essential input prices compared to the previous year. Analysts have predicted the company's revenue growth at 14.5% with an EBITDA margin of 22.8%. Nestle India will report its Q1 results on April 25.