Q4 results today: DMart, Kotak Mahindra, IDBI Bank to Zen Tech — 18 companies to declare Q4 results 2024 on May 4

During the Friday trading league (May 3), the Indian benchmark indices closed lower, with the Nifty finishing beneath 22,500 owed to wide selling crossed each sectors but metals. The Sensex dropped by 732.96 points, oregon 0.98 per cent, closing astatine 73,878.15, portion the Nifty declined by 172.40 points, oregon 0.76 per cent, to extremity astatine 22,475.80. Investors' wealthiness eroded by ₹2.25 lakh crore connected Friday, the time erstwhile the BSE Sensex tanked 733 points, amid profit-taking and worries implicit premium valuations of section stocks.

Meanwhile, India's forex reserves dropped USD 2.412 cardinal to USD 637.922 cardinal arsenic of April 26, successful the 3rd consecutive play diminution successful the reserves, the Reserve Bank of India (RBI) said connected Friday.

Also Read | ORCHASP Q4 results : nett astatine ₹0.01Cr, Revenue decreased by 63.97% YoY

Companies to station Q4 results today

The Anup Engineering Ltd, Birla Corporation Ltd, Avenue Supermarts Ltd, Golkonda Aluminium Extrusions Ltd, High Energy Batteries (India) Ltd, IDBI Bank Ltd, Jammu & Kashmir Bank Ltd, Kansai Nerolac Paints Ltd, Kotak Mahindra Bank Ltd, Mahindra & Mahindra Financial Services Ltd, Nila Infrastructures Ltd, Raw Edge Industrial Solutions Ltd, Sambhaav Media Ltd, Vijay Textiles Ltd, Zen Technologies Ltd and Central Depository Services (India) Limited (CDSL) are scheduled to station their 4th 4 results.

Also Read | Demat Account: CDSL oregon NSDL? How to determine betwixt the two? Here's a 10-point guide

DMart Q4 results 2024 preview

Avenue Supermarts is expected to study steadfast numbers successful Q4FY24. Revenue is expected to emergence successful precocious teens annually, driven by industry-leading same-store income maturation (SSSG) and higher than expected caller store additions astatine 24 stores successful the quarter. Net nett is besides expected to turn successful treble digits connected an yearly basis. The EBITDA margins is expected to witnesser an expansion, owing to moderating inflationary accent connected discretionary products and improving publication from precocious borderline segments. We volition besides intimately show absorption comments connected expected store additions trajectory, strategy to grip increasing contention successful the apparel manufacture and outlook for maintaining margins successful the highly competitory FMCG category, arsenic per Parth Shah, Research Analyst, StoxBox.

Kotak Mahindra Q4 results 2024 preview

Kotak Mahindra Bank is expected to station debased double-digit yearly maturation successful NIIs connected the backmost of beardown recognition maturation which should timepiece mid-teen yearly emergence successful the fourth-quarter. Though immoderate moderation successful expected connected the nett net front, we expect the plus prime to stay stable. We volition intimately ticker absorption comments connected the caller RBI regularisation connected recognition cards and online lawsuit boarding, latest senior-level exit, immoderate colour connected margins and indebtedness publication maturation and strategy for deposit mobilization, arsenic per Shareyansh V. Shah, Research Analyst, StoxBox.

Disclaimer: The views and recommendations supra are those of idiosyncratic analysts oregon broking companies, not Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

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Published: 04 May 2024, 09:18 AM IST