The earnings season is here. Indian corporations are reporting quarterly earnings. The third quarter of the fiscal year 2023-24 spans October-December.
Here is the list of 8 companies that are set to publish quarterly results next week.
GAIL (INDIA) LTD.
GAIL, a Government of India initiative, is India’s integrated natural gas corporation. It has about 11,500 kilometers of natural gas pipelines, over 2300 kilometers of LPG pipelines, six LPG gas-processing facilities, and a petrochemical plant.
With a market capitalization of Rs 1.08 lakh crore, the shares closed at Rs 165.40 per share, increased around 0.39 percent as compared to the closing price of Rs 164.75 apiece.
The company will announce results on January 29, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 32,986 crore, and during the same period, net profit was Rs 2,442 crore.
ITC LTD.
ITC is the largest cigarette maker and distributor in the country. ITC now operates in five business segments: FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper & Packaging, and AgriBusiness.
With a market capitalization of Rs 5.68 lakh crore, the shares closed at Rs 455.45 per share, decreased around 1.78 percent as compared to the closing price of Rs 463.70 apiece.
The company will announce results on January 29, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 17,774 crore, and during the same period, net profit was Rs 4,965 crore.
Vodafone Idea Ltd
Vodafone Idea is a significant telecom service provider in India. The company is in the business of providing mobile and long-distance services, as well as trading phones and data cards.
With a market capitalization of Rs 71,121.03 crore, the shares closed at Rs 14.61 per share, decreased around 2.21 percent as compared to the closing price of Rs 14.94 apiece.
The company will announce results on January 29, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 10,716 crore, and during the same period, net loss was Rs 8,738 crore.
NTPC Ltd
NTPC (National Thermal Power Corporation) Ltd businesses include consultation, project management and supervision, energy trading, oil and gas exploration, and coal mining.
With a market capitalization of Rs 3.05 lakh crore, the shares closed at Rs 314.85 per share, increased around 1.78 percent as compared to the closing price of Rs 309.15 apiece.
The company will announce results on January 29, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 44,983 crore, and during the same period, net profit was Rs 4,726 crore.
Tata Investment Corporation Ltd
Tata Investment Corporation Ltd generally invests in public and unlisted stock shares, debt instruments, and mutual funds of firms from a variety of industries. The company is an NBFC registered with the RBI under the category of Investment Company.
With a market capitalization of Rs 22,827.08 crore, the shares closed at Rs 4.511.70 per share, decreased around 0.34 percent as compared to the closing price of Rs 4,527.30 apiece.
The company will announce results on January 29, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 124 crore, and during the same period, net profit was Rs 124 crore.
Adani Total Gas Ltd
AGL operates in the City Gas Distribution (CGD) sector, supplying natural gas to residential, commercial, industrial, and automotive customers.
With a market capitalization of Rs 1.10 lakh crore, the shares closed at Rs 1,003.35 per share, increased around 0.08 percent as compared to the closing price of Rs 1,002.55 apiece.
The company will announce results on January 30, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 1,096 crore, and during the same period, net profit was Rs 173 crore.
Bajaj Finserv Ltd
Bajaj Finserv Ltd. assists millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.
With a market capitalization of Rs 2.59 lakh crore, the shares closed at Rs 1,625.95 per share, increased around 0.33 percent as compared to the closing price of Rs 1,620.65 apiece.
The company will announce results on January 30, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 26,023 crore, and during the same period, net profit was Rs 3,756 crore.
Gillette India Ltd
Gillette India Limited manufactures and sells packaged fast-moving products under several names in the grooming and oral care segments.
With a market capitalization of Rs 21,152.69 crore, the shares closed at Rs 6,491.50 per share, decreased around 0.46 percent as compared to the closing price of Rs 6,521.80 apiece.
The company will announce results on January 30, 2024
Examining the business financials, the company’s revenue in the second quarter was Rs 668 crore, and during the same period, net profit was Rs 93 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.