earnings season is underway and as many as 70 companies will announce their quarterly numbers for the July-September 2024 period today. Key results to watch out include that of Bajaj Finance, Adani Green, Zomato, Paytm, Adani Energy Solutions, Varun Beverages and ICICI Pru Life.
Apart from the above, Aditya Birla Real Estate, Adani Energy Solutions, Adani Green Energy, Ambassador Infra Holdings, Amber Enterprises, Amerise Biosciences, ASI Industries, Bridge Securities, Can Fin Homes, Chennai Petroleum Corp, Choice International, Coforge and a few others will declare their results.
Food delivery company Zomato is expected to post a whopping 585-662% year-on-year jump in its September quarter net profit in the range of Rs 247-274 crore, according to the estimates of a couple of top domestic brokerages.
Meanwhile, revenue may grow between 61-80% in the range of Rs 4,571-5,111 crore, estimates by Nuvama Institutional Equities and ICICI Securities said.
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