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Insurance giant LIC is set to release its Q1 results today, on August 8. In addition to tracking LIC’s share price, investors will also be watching the Q1 results of other companies including Eicher Motors, RVNL, Oil India, MRF, Cochin Shipyard, SAIL, Bharat Forge, Concor, and more.
Today, investors will closely monitor LIC’s share price as the company releases its Q1 results. Additionally, market participants will be watching Rail Vikas Nigam Limited, Oil India, MRF, Cochin Shipyard, Steel Authority of India, Bharat Forge, Container Corporation of India, and Eicher Motors’ share prices among others as they also announce their Q1 earnings today.
Analysts expect Eicher Motors’ Q1 net profit to be somewhere between ₹943 crore and ₹1,034 crore for the quarter ending June 30, 2024. The growth in PAT for the quarter is anticipated between 2.7% to 13% YoY. Revenue for the quarter is projected to be between ₹4,178 crore and ₹4,273 crore, reflecting an increase of up to 7.2%.
The revenue growth is attributed to higher volumes and an increase in the average selling price (ASP) of Royal Enfield motorcycles, driven by a richer product mix. Ahead of the result, Eicher Motors’ share price will remain in focus today.
Here is a list of other major companies set 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.
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