earnings season is underway and as many as 173 companies will announce their quarterly numbers for the July-September 2024 period today. Key results to watch out include that of Airtel, Sun Pharma, Adani Power, IOC, Ambuja, PNB, Suzlon, Tata Tech, BHEL and RailTel.
Apart from the above, Aditya Birla Sun Life, Ajanta Pharma, Arvind Ltd, Bhageria Industries, Car Trade Tech, Federal Bank, Ideaforge, Indian Bank, Motilal Oswal, Northern Arc Capital, Pfizer and a few others will also declare their results.
Bharti Airtel is expected to report a strong set of numbers in the September ended quarter with triple-digit net profit growth over the corresponding quarter of the previous financial year. Industry leading ARPU and support from other business segments could augur well for the company on the revenue front.
The profit after tax (PAT) is estimated in the range of Rs 4,570 crore and Rs 5,217 crore in Q2FY25, which translates into an year-on-year growth of 103-254%.
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