Tata Steel, Power Grip Corp, Jindal Steel, Apollo Hospitals Q2 Results Today — Earnings Estimates
Notable Q2 earnings today are of Tata Steel, Power Grid Corp, Jindal Steel & Power, Apollo Hospitals and Chambal Fertilisers. Check the estimates shared by analysts.
Tata Steel's plant in Jamshedpur. Image for representation. (Photo source: Company website)
Tata Steel Ltd., Power Grid Corp., Jindal Steel & Power Ltd., Apollo Hospitals Ltd., and Chambal Fertilisers Ltd. will be in focus on Wednesday as they announce their earnings for the quarter ended Sept. 30, 2024.
Tata Steel is expected to report a net profit of Rs 452 crore, with revenue projected at Rs 53,104 crore, as per analysts' consensus estimate compiled by Bloomberg. The company’s Ebitda is estimated at Rs 5,345 crore, resulting in an Ebitda margin of 10.1%.
The Tata Group company's domestic crude steel production rose by 5% year-on-year and sales grew 6% in the second quarter, according to provisional business updates.
Power Grid is anticipated to post a net profit of Rs 3,873 crore and revenue of Rs 11,271 crore. The company's Ebitda is expected at Rs 9,807 crore, translating to a margin of 87%.
Jindal Steel and Power is likely to report a net profit of Rs 813 crore and revenue of Rs 11,937 crore.
Chambal Fertilisers is expected to announce a net profit of Rs 441 crore, with revenue estimated at Rs 5,003 crore and an Ebitda of Rs 705 crore, reflecting a margin of 14.1%.
Apollo Hospitals is projected to report a net profit of Rs 367 crore, with revenue of Rs 5,532 crore. Its Ebitda is estimated to stand at Rs 781 crore and its margin at 14.1%.
Other notable companies announcing earnings on Wednesday include Aadhar Housing Finance Ltd, Gujarat Gas Ltd., and Rites Ltd.
Check Q2 Estimates For Wednesday Here:
Full List Of Companies Declaring Q2 Results On Nov. 6
Aadhar Housing Finance Ltd., Apollo Hospitals Enterprise Ltd., Avalon Technologies Ltd., Blue Star Ltd., Chambal Fertilisers & Chemicals Ltd., Delta Corp Ltd., Dhanuka Agritech Ltd., Endurance Technologies Ltd., FDC Ltd., Gandhar Oil Refinery (India) Ltd., Gujarat Pipavav Port Ltd., Granules India Ltd., Gujarat Gas Ltd., Gulf Oil Lubricants India Ltd., Hi-Tech Pipes Ltd., J.B. Chemicals & Pharmaceuticals Ltd., Jindal Steel & Power Ltd., JK Lakshmi Cement Ltd., Kansai Nerolac Paints Ltd., Kirloskar Ferrous Industries Ltd., KP Green Engineering Ltd., KPI Green Energy Ltd., Neuland Laboratories Ltd., Power Grid Corporation of India Ltd., Pricol Ltd., Rain Industries Ltd., RITES Ltd., Shivalik Bimetal Controls Ltd., Shipping Corporation of India Land and Assets Ltd., Sonata Software Ltd., Tarc Ltd., Tata Steel Ltd., TeamLease Services Ltd., Thangamayil Jewellery Ltd., Trident Ltd., and Usha Martin Ltd.
