Breaking: Q4 Earnings Galore! Here's a Lowdown on Key Companies' Performance 🚀
Live Updates on Q4 Earnings: BPCL records an 8.30% decrease in profits; Trent experiences a 56.24% decline in earnings.
The Q4 earnings season is in full swing, and some major companies have already shared their earnings. But the fun doesn't stop! Today, several companies such as Bharat Petroleum Corporation, Trent, Ambuja Cements, Bajaj Finance, Bajaj Finserv, Vishal Mega Mart, Shoppers Stop, Indiamart Intermesh, Ceat, and many more are gearing up to release their Q4 results. 📈
Let's dive into some preliminary insights on how these companies fared during the fiscal Q4:
Bharat Petroleum Corporation (BPCL) ⛽️
BPCL's net profit saw a slight dip of 8.30% during Q4. 📉
Trent Ltd. 🛍️
Trent Ltd.'s Q4 net profit dipped by a significant 56.24% year-over-year. The company posted a net profit of Rs 318 crore, in contrast to the Rs 704 crore it made in the same period last year. Its revenue at Rs 4,016 crore slightly missed estimates of Rs 4,131 crore. 🔜
Ambuja Cements 🏗️
Ambuja Cements is yet to disclose its Q4 net profit.
Bajaj Finance 💼
Bajaj Finance's net interest income (NII) surged by 22.4% to Rs 9,807.1 crore, up from Rs 8,013 crore year-over-year. The net profit also saw an increase of 18.9% to Rs 4,545.6 crore, compared to Rs 3,824 crore in the same period last year. 📈
Bajaj Finserv 💳
Bajaj Finserv hasn't yet disclosed its Q4 net profit details.
IndiaMART InterMESH 💼
IndiaMART InterMESH reported a revenue of Rs 355 crore for Q4, marking a 12.84% year-over-year growth. EBITDA climbed by 47.5%, reaching Rs 130.4 crore. The net profit jumped by 81.33% to Rs 180.60 crore, up from Rs 99.60 crore in the corresponding quarter of FY24. 📈
Ceat
- Investors will be keeping a close eye on BPCL's investment strategy, considering the 8.30% dip in its net profit during Q4.
- The decrease in Trent Ltd.'s net profit by 56.24% might raise questions about its current financial status and future dividends.
- Despite Ambuja Cements' delayed disclosure of its Q4 net profit, the market will be eager to assess the company's performance in the finance sector.
- Bajaj Finance's surge in net interest income and net profit indicates a promising outlook for investors interested in the finance market.
- In the DeFi space, participants may find Bajaj Finserv's Q4 net profit details insightful for potential investment decisions.
- IndiaMart InterMesh's impressive growth in revenue, EBITDA, and net profit could attract more businesses looking to expand their portfolios.
- Vishal Mega Mart and Shoppers Stop's Q4 earnings, along with those of Ceat and other companies, will offer valuable insights into the overall market performance.
