Q3 results today: Hindalco Industries, BHEL, IRCTC among 500 companies to announce earnings

economictimes.indiatimes.com:

earnings on Tuesday with Street tracking the results of Hindalco Industries, Bharat Heavy Electricals (BHEL), Nuvama Wealth Management and Indian Railway Catering and Tourism Corporation (IRCTC).

Among other important results will be those by Arvind Fashions, Antony Waste Handling Cell, Bombay Burmah Trading Corp,, Bosch, Coffee Day Enterprises, Gujarat Gas, Hindalco Industries, Hindustan Copper, Inox India, MTAR Technologies, Mahanagar Telephone Nigam, National Aluminium, Info Edge, NBCC (India), Ltd, OIL, Panacea Biotec, Praveg, Prestige Estates Projects and Sula Vineyards.

On Monday, over 299 companies announced their December quarter earnings which included the likes of NHPC, Coal India, 63 Moons Technologies, Allcargo Logistics, Balmer Lawrie Investments and Galaxy Surfactants.

Here's what to expect from Hindalco Industries’ results:

Hindalco Q3 results Hindalco Industries Ltd is seen reporting a strong double-digit growth in profit for the quarter ended December, led by robust operational performance on easing costs and better realisations.
The aluminium producer is likely to report an 82% year-on-year (YoY) growth in consolidated net profit for the quarter to Rs 2,545 crore, according to the average of estimates given by six brokerage firms.
Earnings before interest, taxes, depreciation and amortization or EBITDA is expected to grow by 67% YoY to Rs 5,841 crore, but the topline is seen declining 0.5% to Rs 52,928 crore, the estimates showed.
Here is a summary of the brokerage expectations from Hindalco