Big Day for Q1 Results: Hindalco, Nykaa, and 660 Companies to Reveal Earnings Today—Here’s What to Expect

Today is a significant day in the earnings season, with 660 companies set to announce their results for the first quarter. Among the major players to watch are Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals, and IRCTC.

Nykaa Q1 Expectations:

• Nykaa, the beauty and fashion retailer, is expected to post strong revenue growth, driven by its beauty, personal care, and fashion businesses.
• Revenue Growth: Analysts predict a 26% increase in revenue compared to last year.
• Profit Surge: Nykaa’s net profit could jump by as much as 429%, with estimates ranging from ₹10.6 crore to ₹17.5 crore.

Hero MotoCorp Q1 Expectations:

• Hero MotoCorp, the two-wheeler giant, is anticipated to report a net profit between ₹1,119 crore and ₹1,926 crore, marking a 14-35% year-on-year growth.
• Revenue Growth: Expected to rise by 14% to 22%, reaching between ₹10,232 crore and ₹11,778 crore.
• Analyst Estimates: Axis Securities predicts the highest profit, while Nuvama has the most conservative figures.

Other Companies Reporting Today:

• Apollo Hospitals, Muthoot Finance, SJVN, Max Financial Services, and more are also set to reveal their quarterly results.

In Summary: Keep an eye on today’s Q1 results, as big names like Hindalco, Nykaa, and Hero MotoCorp are set to announce their performance, with analysts expecting significant growth in profits and revenue.