BAJAJ BROKING
Titan Q1 result is scheduled to be released today, on August 2. Besides keeping an eye on Titan’s share price, investors will also watch the Q1 results of other companies such as Britannia, UPL, IDFC, Hindustan Zinc, LIC Housing Finance, Zydus Wellness, Delhivery, and more.
Today, investors will be keeping a close eye on Titan’s share price as the company reveals its Q1 results. Similarly, market participants will also be tracking the performance of UPL, IDFC, Hindustan Zinc, LIC Housing Finance, Zydus Wellness, Delhivery, and Britannia share prices as these companies announce their Q1 earnings today.
Titan Company Limited is projected to have a subdued first quarter due to fewer wedding days, higher gold prices, and growing competition from regional players. Analysts predict a 6% year-on-year increase in Titan's Q1 net sales for April - June 2024, with net profit expected to dip slightly by 1%.
In the previous March quarter, Titan saw a 7% year-on-year rise in standalone net profit, reaching ₹786 crore, and a 17% YoY growth in net sales to ₹10,047 crore for the January-March 2024 period.
Britannia Industries is anticipated to experience higher volume growth compared to its competitors, thanks to recent price reductions. The company is projected to achieve a 4% increase in revenue, amounting to ₹4,178 crore, with net profit expected to rise to ₹517 crore from ₹458 crore in the same quarter last year.
Despite this, experts warn that the intense summer may negatively affect consumption volumes. Analysts will be keeping a close eye on demand patterns in metropolitan areas, rural regions, and tier-3 towns, as well as monitoring raw material prices and their impact on EBITDA margins.
Here is a list of other major companies scheduled to release their Q1 results today.
Whether you're an investor tracking earnings or simply curious about corporate performance, stay in the loop with updates from the Indian companies set to release their quarterly results today.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Gold Price in India | Gold Rises 1% to $2,719 Ahead of U.S. PPI Data
12 Dec, 2024 | 39 Min. read
Coca-Cola Sells 40% Stake in Bottling Arm to Jubilant Bhartia Group
12 Dec, 2024 | 2 Min. read
Indian Overseas Bank Receives ₹808.3 Crore Income Tax Refund
12 Dec, 2024 | 2 Min. read
Vedanta to Consider Fourth Interim Dividend on December 16
12 Dec, 2024 | 2 Min. read
Shakti Pumps Secures ₹754.3 Crore Solar Water Pump Order in Maharashtra
12 Dec, 2024 | 2 Min. read
Share Market Today | Flat to Positive Start Expected for Indian Markets Amid Global Cues
12 Dec, 2024 | 4 Min. read
7th Pay Commission Leave Rules & Holidays in India
11 Dec, 2024 | 5 Min. read
Wipro Ltd
11 Dec, 2024 | 7 Min. read
Aditya Birla Group
11 Dec, 2024 | 10 Min. read
What is the Lock-in Period in IPO
11 Dec, 2024 | 6 Min. read
Textile Sector in India
11 Dec, 2024 | 11 Min. read
Step-by-Step Guide to Accessing Your Income Tax Assessment Order Online
11 Dec, 2024 | 3 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading