Tata Motors Q3 Result Preview: Consolidated PAT may surge 55% YoY on upbeat all-round show

Auto segment revenues increased 32% year-on-year, led by volumes and ASP. FES revenues to increase 24% YoY on 23% YoY increase in volumes and flat ASPs. Overall EBITDA margin to improve 20 bps QoQ to 13.2% on price hikes, offset by weak mix.

Nestle India's net profit for the December quarter is seen rising 18% YoY to Rs 745 crore, according to the average of estimates given by eight brokerage firms. Revenue is seen rising 10.3% to Rs 4,697 crore and the operating profit by 15.3% to Rs 1,126 crore.

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.

ITC's revenue from operations for the quarter ended September, excluding excise duty, increased 2.6% YoY to Rs 16,550 crore. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose a mere 1% YoY Rs 4,886.54 crore. Operating margin shrank 44 basis points on year to 29.53%. Cigarette business revenue grew 10% on year in the quarter to Rs 7,658 crore.

The two-wheeler makers net profit is seen rising a sharp 33.3% year-on-year (YoY) to Rs 1,987 crore, led by an over 29% growth in revenue and a 32% growth in the operating profit, the average of estimates given by eight brokerage firms showed.

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.

During the March quarter earnings season, Eicher Motors is expected to see a 15% YoY rise in revenue to INR 3,687.9 crore led by an 18% volume growth, however, revenue is expected to be down 1% QoQ. Nomura predicts that EBITDA margin could come in at 23.9% due to price hikes. Asian Paints is expected to report revenue growth of 10% YoY to INR 8,679 crore in Q4FY23E due to a 13% YoY increase in volume. It is expected to have an EBITDA margin expansion of 79 bps YoY to 19.1%.

Both figures were below the Street estimate. During the quarter, the company's margin reduced 239 bps to 9.9%. Buyer growth was 14% and the average ticket sizes moved up by 6% compared to that in Q1FY23

The company reported an EBITDA of Rs 2,181 crore in the September quarter, higher by 13% YoY. EBITDA margins in the same period came in at 31.7%.Segment-wise, revenue from the global generics business jumped 9% year-on-year to Rs 6,110 crore, primarily driven by North America and Europe.

India Business News: MUMBAI: Reliance Industries (RIL) reported a decline in the first quarter’s profit and revenue due to higher expenses and lower price realisations fro.