earnings season is underway and about 129 companies will announce their results on Tuesday. Key results to watch out include from Titan, Asian Paints and Tata Power.
Apart from the above, companies like Dhanlaxmi Bank, Eris Lifesciences, JK Tyre, JSW Holdings, Metropolis Healthcare, Max Financial, One Mobikwik, Torrent Power, V Mart and a few others will also declare their quarter results.
Strong festive demand along with a good wedding season meant that Titan's likely clocked solid sales growth in the third quarter ended December 2024. Profitability, on the other hand, is seen muted due to a likely estimated one-time inventory loss.
Revenue from operations during the third quarter is seen growing 24% year-on-year (YoY), according to an average estimate of five brokerages. Profit for the quarter is seen flat or even a marginal decline due to the exceptional item.
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