Q4 results today: Axis Bank, Hindustan Unilever, LTIMindtree, among 23 companies to report Q4 earnings on April 24

livemint.com:

Also Read: Day trading stocks to buy: Anand Rathi expert recommends these three shares to buy today — April 24 Shares of these 23 companies will likely react to their Q4 results today. Here’s a look at how some of these top companies are expected to perform in Q4: FMCG major Hindustan Unilever (HUL) is expected to report muted earnings growth in the March quarter. HUL Q4 net profit in Q4FY24 is estimated to rise 2.71% to ₹2,538 crore from ₹2,471 crore, YoY.

The company’s revenue is expected to grow 1.16% to ₹15,067 crore from ₹14,893 crore in the year-ago period, as per average estimates of five brokerages. HUL’s volume growth is likely to be 3% for the quarter. At the operating level, EBITDA is expected to increase 0.60% to ₹3,492 crore from ₹3,471 crore, YoY, while EBITDA margin is estimated to remain flat at 23.2%, YoY.

Read here: Hindustan Unilever Q4 results today: FMCG major's revenue may rise 1.1% YoY with 3% volume growth; margin seen flat Axis Bank is expected to see its net profit falling 6.5% to ₹6,322.7 crore in Q4FY24 from ₹6,761.4 crore, YoY. The bank’s Net Interest Income (NII) may rise 10.3% YoY to ₹12,955 crore, while its Net Interest Margin (NIM) is expected to decline by 11 bps QoQ to 3.95% due to cost of funds catching up. PPoP is likely to remain stable QoQ due to controlled opex.