- Today, May 9, at least 40 companies will announce their Q4 results for the fiscal year 2024.
- The earnings season, which began in the second week of April, will see over 260 companies declaring their Q4 results this week.
- These announcements will cover various industries, providing insights into recent trends, revenue growth, and future prospects.
Today, 40 companies will announce their Q4 results, providing a comprehensive view of the economic landscape across various industries. This article delves into the details of these announcements and their potential impact on the stock market.
Companies to post Q4 results today — May 9
Among the companies set to declare their Q4 results today are State Bank of India, Asian Paints, Bharat Petroleum Corporation, Indian Overseas Bank, Hindustan Petroleum Corporation, Abbott India, Escorts Kubota, Timken India, Relaxo Footwears, Nexus Select Trust, Alembic Pharmaceuticals, TVS Holdings, Computer Age Management Services, Intellect Design Arena, Mahanagar Gas, Vardhman Textiles, Alkyl Amines Chemicals, Quess Corp, Share India Securities, Rain Industries, Kennametal India, Orient Electric Limited, Shanthi Gears, Venus Pipes and Tubes, Gopal Snacks, CARE Ratings, Navneet Education, VST Tillers Tractors, Ajmera Realty and Infra India, Vakrangee, ADF Foods Industries, Suryoday Small Finance Bank, Nitin Spinners, Capital Small Finance Bank, Rane Madras, Sat Industries, SAR Auto Products, Sutlej Textiles and Industries Rushil Decor, TVS Electronics and others.
SBI Q4 Preview
State Bank of India (SBI), the country’s largest state-run lender, is set to announce its Q4 results today. The bank’s Q4 results are estimated to remain muted with a drop in net profit and a marginal rise in net interest income (NII). SBI’s net profit in the fourth quarter of FY24 is expected to fall 18% year-on-year (YoY) due to one-time wage revisions, while the bank’s NII may increase 1.3% YoY amid moderate loan growth. Sequential loan growth is likely to be slower than average in the 3.5% ballpark, while net interest margin may be slightly lower. Asset quality in terms of Gross NPA is expected to improve further. SBI share price will be in focus ahead of the Q4 earnings.
TATA MOTORS
[Provide details and insights regarding TATA MOTORS Q4 results.]
Conclusion
The Q4 results announcements today will provide a comprehensive view of the performance of various industries in the last fiscal quarter. Investors and market watchers will be keenly observing these results to gauge the overall health of the economy and make informed investment decisions. Stay tuned for more detailed analysis and insights into these earnings reports.
