Overview
- More than 700 firms are due to release July–September earnings today, including Tata Motors Passenger Vehicles, Hero MotoCorp, Eicher Motors, NSDL, Apollo Tyres, Alkem Laboratories, Voltas and Titagarh Rail Systems.
- Bloomberg consensus projects Hero MotoCorp’s standalone revenue at Rs 11,891 crore, Ebitda at Rs 1,753 crore implying a 14.7% margin, and net profit at Rs 1,381 crore.
- Eicher Motors is estimated at Rs 6,082 crore in revenue, Ebitda of Rs 1,514 crore with a 24.9% margin, and net profit around Rs 1,422 crore, according to Bloomberg consensus.
- Voltas is forecast to post a roughly 5% revenue decline to Rs 2,461 crore, Ebitda of Rs 104 crore with a 4.2% margin, and net profit of Rs 89 crore, reflecting muted AC demand after heavy rains.
- Other estimates include Apollo Tyres (revenue Rs 6,741 crore, Ebitda Rs 941 crore), Alkem (revenue Rs 3,759 crore, Ebitda Rs 840 crore), Bharat Dynamics (revenue Rs 698 crore, Ebitda Rs 134 crore) and Eureka Forbes (revenue Rs 748 crore, Ebitda Rs 82 crore), with Q1 results serving as the benchmark for momentum.