© Reuters.
A plethora of companies across various sectors in India are set to announce their Q2FY24 earnings, following a mixed bag of results from IT entities and private lenders. The IT sector witnessed subdued revenue forecasts while private lending institutions recorded satisfactory margins with an improvement in asset quality.
In the upcoming days, several Nifty companies and firms from the Adani group, such as Adani Wilmar, are expected to disclose their earnings. Other entities including Tube Investments, Procter and Gamble, Supreme Industries UPL, and Godrej Properties are also on the roster for revealing their Q2 results.
Companies like Bharti Airtel, L&T, IOC, and Vedant Fashions are set to report their earnings for the quarter ended in September. Sun Pharma is also among the firms that will shortly disclose their Q2 earnings.
The automotive sector is also in focus with companies like Tata Motors (NYSE:) and Escorts Kubota slated to announce their Q2 results. In the finance sector, Cholamandalam Investment along with banks like SBI, Bank of Baroda, Bank of India are due to report their results for the September quarter.
The food delivery platform Zomato, tire manufacturer MRF, and banks like Uco Bank, Punjab and Sind Bank are also expected to report their second-quarter results. Other companies such as Poly Medicure, Data Patterns (India), CCL Products are also in line to announce their quarterly results.
Lastly, Gujarat Fluorochemicals, 360 One Wam, Delhivery along with other firms are expected to reveal their earnings shortly. This upcoming wave of announcements will provide a broad look at the health of various sectors in the current economic climate.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Read the full article here