Market Pulse Races: Bajaj Finance, Ambuja, and More Unveil Q4 Surprises!

The earnings season picks up pace today as 41 large Indian firms, such as Bajaj Finance, Ambuja Cements, BPCL, Trent, and Bajaj Finserv, report their January-March quarter financial results. Investors and analysts are in high alert mode, with some companies also announcing important corporate actions along with their earnings.

 

Key Highlights:

 

Bajaj Finance in the Spotlight: Likely to report healthy double-digit growth, with net interest income (NII) expected to increase 20-24% year on year and net profit by 15-18%. Healthy loan growth in consumer, SME, and rural segments is powering performance, with the loan book likely to have grown more than 30%. The board will also consider a possible interim dividend, stock split, and bonus share issue, making it a crucial day for investors.

 

Ambuja Cements Outlook: Expected to report notable low base effect driven profitability improvement, while volumes are expected to increase 19% YoY. Cement realisations are likely to witness a small sequential increase, albeit EBITDA per tonne could ease compared to the same period last year.

 

BPCL Earnings Watch: Bharat Petroleum will report results and a potential second dividend for FY25. The analysts see a decline in profit because of softer marketing margins, though revenue is seen growing marginally.

 

Trent and Others: Tata Group's Trent will come under the lens for its margin performance after it posted its weakest revenue growth in four years. Some other significant announcements are those of Vishal Mega Mart, IndiaMART, Ceat, and Bajaj Finserv.

 

Market Sentiment: Bajaj Finance stocks fell pre-result, while BPCL stock rose almost 5% on hope of dividend payout. Investors are following closely the management commentary regarding asset quality, cost of funds, and long-term growth strategies.

 

Sources: CNBC-TV18, Moneycontrol, Economic Times, Financial Express, Goodreturns