Among other important results will be those by Brigade Enterprises, Computer Age Management Services, Chambal Fertilizers and Chemicals, Eid Parry, Eveready Industries, Godrej Properties, JK Tyre & Industries, Lemon Tree Hotels, Nazara Technologies, Radico Khaitan, Tata Teleservices Maharashtra and Zaggle Prepaid Ocean Services.
On Monday, nearly 120 companies announced their December quarter earnings including Bharti Airtel and Ashok Leyland.
Here’s what to expect from Britannia results
Britannia Industries Q3 results
It’s likely to be another soft quarter for Britannia Industries as the company is expected to see muted growth in earnings amid weak volumes and rural demand, higher raw material costs, and likely price cuts in some categories.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.Read more: Britannia Q3 Results Preview: PAT may fall YoY on muted revenue, profitability; demand outlook eyed
Nykaa Q3 results
FSN E-commerce Ltd is slated to release its earnings for the December quarter later today, and the omnichannel retailer is expected to report strong numbers amid robust demand for beauty products in the festival and wedding season. Analysts expect the Nykaa brand owner to report a healthy double-digit growth in revenue and a multifold growth in profits for the third quarter of the current financial year.
Also Read | Nykaa Q3 results today: Revenue may see double-digit growth on strong seasonality factors
The mainstay Beauty and Personal Care (BPC) vertical’s gross merchandise value growth for the quarter is expected to be in the mid-twenties, and net sales value growth around 20% on a YoY basis, the company had said in its provisional update. The underlying order volume growth was healthy and consistent, reflecting strong customer demand, it said.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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