Q4 results today: Sun Pharma, Nykaa, Paytm among 162 companies to declare earnings on Wednesday
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Synopsis
162 companies to report Q4 earnings on Wednesday. Nykaa expects 24% BPC and Fashion GMV growth, while Paytm faces a revenue decline from RBI actions. Analysts also predict pressure from discounting and lower advertising income.
Other companies which will also declare their results include Ashoka Buildcon, Avanti Feeds, DB Corp, Jubilant Foodworks, Kesar Enterprises, Max Healthcare, Metro Brands, Minda Corp, and Petronet LNG, among others.
Nykaa Q4 expectations
The beauty and e-commerce retailer is likely to post a healthy 20% year-on-year (YoY) growth in revenue and 24% growth in its operating profitability.
Nuvama expects Nykaa to report 24% and 34% YoY growth in BPC and Fashion GMV.
Stocks Recommendations
"We model GMV and revenue growth of 30% and 25% YoY, primarily driven by BPC and fashion business revenue growth. We expect EBITDA margin expansion of 73 bps quarter-on-quarter (QoQ) and 82 bps YoY on account of loss reduction in eB2B business as well as fixed-cost operating leverage," said Kotak Equities.
Paytm was caught in RBI's crossfire after fintech was asked to freeze its banking business over irregularities. Analysts expect the move to impact operating profitability and revenue.
Revenue for the fourth quarter is likely to decline 21% YoY, estimates Motilal Oswal, while losses are likely to widen to Rs 470 crore.
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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