Q1 results today: ITC, Tata Motors among 88 companies will announce earnings on Thursday
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The first quarter earnings season is underway and as many as 88 companies will announce their quarterly numbers on Thursday. Key results to watch out for include ITC, Sun Pharma, Tata Motors, Adani Enterprises, Adani Ports, Zomato and Dabur. Apart from the above, companies like AB Capital, Clean Science Tech, Emami, Escorts Kubota, Indegene, Le Travenues Technology, Max Healthcare, RailTel Corp, Tube Investments among others will also declare June quarter results. ITC Q1 expectations Diversified conglomerate ITC Ltd is expected to see a healthy revenue growth during the first quarter ended June 2024, led by cigarettes and hotels businesses.Revenue for the April-June 2024 period is seen growing 6% year-on-year, according to an average estimate of four brokerages. Meanwhile, net profit is likely to rise 3% year-on-year for the reporting period. While the cigarettes, hotels and FMCG businesses are estimated to report decent growth during the...