As the earnings season approaches, investors eagerly await the unveiling of fourth-quarter results are set to be announced next week. Analysts anticipate insights into companies’ financial performance, expecting significant market reactions based on revenue, profit, and strategic outlooks. The outcomes will likely influence market sentiments and investment decisions in the upcoming period.
Here is the list of 5 companies that are set to publish quarterly results next week.
Bharat Electronics Ltd.
Bharat Electronics Limited is an Indian firm that develops and provides electronic equipment and systems to both the defense and non-defense industries. Its defense goods include navigation systems, defense communication devices, land-based radars, naval systems, electronic warfare systems, avionics, electro-optics, tanks, and more.
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With a market capitalization of Rs 1.80 lakh crore, on Friday, the shares closed at Rs 247.15 per share, increased around 4 percent as compared to the previous closing price.
The company will announce results on May 20, 2024.
Examining the business financials, the company’s revenue in the third quarter was Rs 4,162 crore, and during the same period, net profit was Rs 848 crore.
Deepak Nitrite Ltd
Deepak Nitrite Limited is an Indian firm that manufactures and trades chemicals. The company is divided into two business segments: advanced intermediates and phenolics. Its Advanced Intermediates section provides sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, etc.
With a market capitalization of Rs 33,594.97 crore, on Friday, the shares closed at Rs 2,463.10 per share, increased around 1 percent as compared to the previous closing price.
The company will announce results on May 20, 2024.
Examining the business financials, the company’s revenue in the third quarter was Rs 2,009 crore, and during the same period, net profit was Rs 202 crore.
Indian Railway Finance Corporation Ltd
Indian Railway Finance Corporation Limited operates through the Leasing and Finance segment. The Company’s principal business is to borrow funds from the financial markets to
finance the acquisition/creation of assets, which are then leased out to the Indian Railways as finance leases.
With a market capitalization of Rs 2.20 lakh crore, on Friday, the shares closed at Rs 168.40 per share, increased around 7 percent as compared to the previous closing price.
The company will announce results on May 20, 2024.
Examining the business financials, the company’s revenue in the third quarter was Rs 6,741 crore, and during the same period, net profit was Rs 1,604 crore.
Oil and Natural Gas Corporation Ltd
Oil and Natural Gas Corporation Limited is an Indian crude oil and gas corporation. The company’s main sectors include exploration and production, as well as refining and marketing. The company is involved in the exploration, development, and production of crude oil, natural gas, and so on.
With a market capitalization of Rs 3.48 lakh crore, on Friday, the shares closed at Rs 277.30 per share, decreased around 0.13 percent as compared to the previous closing price.
The company will announce results on May 20, 2024.
Examining the business financials, the company’s revenue in the third quarter was Rs 165,569 crore, and during the same period, net profit was Rs 10,677 crore.
Power Mech Projects Ltd
Power Mech Projects Limited is an engineering and construction firm. The company provides an integrated service for the installation, testing, and commissioning (ETC) of boilers, turbines, and generators, as well as balance of plant (BOP), civil works, and operation and maintenance.
With a market capitalization of Rs 7,967.78 crore, on Friday, the shares closed at Rs 5,040.30 per share, increased around 1.56 percent as compared to the previous closing price.
The company will announce results on May 20, 2024.
Examining the business financials, the company’s revenue in the third quarter was Rs 1,107 crore, and during the same period, net profit was Rs 63 crore.
Written by:- Abhishek Singh
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
