A host of listed companies are set to declare their financial results for the quarter that ended Dec. 31, 2024, on Thursday, Jan. 16. As per the BSE calendar, a total of 36 companies are expected to announce their Q3 results on Jan. 16.
Major companies including Reliance Industries, Infosys, and Axis Bank are set to announce Q3 earnings for the quarter ending December 31, 2024. Reliance is expected to show mixed results, while Axis Bank anticipates a net profit growth of 6.06% year-on-year.
Companies have begun to announce the quarterly results for the first quarter of the fiscal year, disclosing their performance for Q1 FY25. A total of 57 companies are expected to disclose their results this week. Among them are several key companies such as Tata Consultancy Services (TCS), IREDA, Avenue Supermarkets (DMart), and Delta Corp, all scheduled to announce their results this week.
Q4 FY2024 earnings: Among 303 key players are LIC, Natco Pharma, NMDC, Goodyear India, IFB Industries, Kewal Kiran Clothing, Mafatlal Industries, and Sumitomo Chemical scheduled to post their fourth quarter results on May 27
Rajesh Palviya of Axis Securities advised that traders should trail stop-loss towards 18,100 levels for all long positions with an upside towards 18,300-18,400 levels.