Q3 results today: IndiGo, JSW Steel among 81 companies to announce earnings on Friday
third quarter earnings season is underway and about 81 companies will announce their results on Friday. Key results to watch out for include IndiGo, JSW Steel, DLF, Godrej Consumer and AU SFB.
Apart from the above, companies like Bank of India, Aditya Birla Money, Centrum Capital, DCB Bank, EMS Ltd, Granules India, Trident, Ugro Capital, Vimta Labs and a few others will also declare their quarter results.
IndiGo Q3 expectations
Aviation major IndiGo is likely to see a significant drop in its profitability in the third quarter due to AoG related costs which resulted in higher aircraft lease rental expenses, depreciation and financing costs.
Net profit for the quarter is seen falling 25% year-on-year (YoY), according to an average estimate of four brokerages, while revenues are likely to grow 10% YoY.
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