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Q4 results to watch out for today

Adani Wilmar to Havells India

Q4 Results: Godrej Properties, Reliance Power, Bajaj Consumer, Chola Investment, JK Agri Genetic, Petronet LNG, Sula Vineyards, Sonata and Tata Chemicals also report results today

Several companies are scheduled to announce their fourth quarter 2022-23 (Q4FY23) quarterly results today. These include some big names like Adani Wilmar, Tata Chemicals, Titan, Reliance Power and MRF.
Adani Wilmar

In the quarter ended December 31, 2022 (Q3FY23), the company reported a 16.5% increase in net profit to Rs 246 crore compared to the same quarter of 2021. Operating income rose 7% year-on-year (y-o-y) to Rs 14,370.9 crore. The company’s food and FMCG segment saw a sharp 27 percent increase in sales volume in the quarter.
On Tuesday, the company’s share price rose 0.87 percent to Rs 415.5 on the BSE.

MRF
In Q3FY23, the tire maker reported a 17 percent rise in net profit to Rs 175 crore compared to Rs 149 crore in the same quarter of 2021. Its revenue rose 15 percent to Rs 5,645 crore in the quarter. MARF also declared an interim dividend of Rs 3 per share.

Shares of the company closed marginally lower at Rs 88,250 on Tuesday.
Titanium

In Q3FY3, Tata Group’s flagship company posted a 3.7 percent drop in net profit to Rs 951 crore. However, its sales grew by double digits thanks to healthy demand during the festive season. However, in Q4FY23, the company is expected to see strong growth on the back of the wedding season, according to ShareKhan.
On Tuesday, shares of the company closed up 0.79 percent in the green at Rs 2,661.1 a share on the BSE.

Havells in India
In Q3FY23, the company reported a 7.3 percent decline in its consolidated net profit to Rs 283.5 crore. It was Rs 305 crore in the same quarter of 2021. The decrease was mainly caused by higher prices of raw materials.

However, its revenue jumped 13 percent to Rs 4,127.5 crore during the quarter.
On Tuesday, the company’s shares closed 0.34 percent in the red at Rs 1,225.8 apiece on the BSE.

Q4 Results: Other Companies to Watch Today
Other notable performers for investors to watch out for are Godrej Properties, Reliance Power, Bajaj Consumer, Chola Investment, JK Agri Genetic, Petronet LNG, Sula Vineyards, Sonata, Tata Chemicals and White Organic.

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