Q2 results today: HDFC Life, PVR Inox among 25 companies to announce earnings on Tuesday
earnings season is underway and as many as 25 companies will announce their earnings on Tuesday. Some of key earnings to watch out include that of HDFC Life, HDFC AMC, PVR Inox among others.
Apart from the above, some of the other companies like KEI Industries, Lactose (India), Premium Capital, Bank of Maharashtra, Rallis India, Stylam Industries, Sita Enterprises, Sybly Industries, Teamo Productions, Transchem will declare results for the September quarter.
HDFC Life Q2 expectations
HDFC Life Insurance is expected to report a 17-26% year-on-year jump in its annual premium equivalent (APE) for the quarter ended September 30, 2024 according to estimates by four brokerages. For the reported quarter, APE is pegged in the range between Rs 3,550 crore and Rs 3,834 crore.
Meanwhile, value of its new businesses (VNB) is estimated at Rs 900-978 crore for Q2FY25 which may grow between 12% and 22% on a YoY, the estimates revealed.
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