Q4 Results Today: In the midst of the earnings season, stock market investors are eagerly waiting for the quarterly results of their portfolio companies to be announced. Sometimes, they also wait for the results of the companies which are not in their portfolio but the stock is on their radar and they are planning to add a new stock to their portfolio. In fact, such quarterly data also helps intraday traders who believe in a stock specific approach. So, for those following the quarterly earnings news, a slew of companies are going to announce their Q4 results today.
Radhakishan Damani-owned companies among companies to announce their Q4 results on Saturday Avenue Supermarts, Ami OrganicsAffle India, Data Patterns, Indo Borax, Naveen Fluorine, Sonata Software, Taneja Aerospace, etc.
On how a company’s results are important for the stock markets, Avinash Gorakshkar, Head of Research, Profitmart Securities, said, “A company’s earnings reflect the financial health of the company and its business prospects. From an investors’ perspective, it is an indicator of fundamentals.” The company and its business. Hence, when an investor looks at a stock, he first scans its fundamentals and for that he first looks at the recent results announced by the company.
However, Avinash Gorakskar advises stock market investors to look at peers’ results as well as it helps them understand and gauge the potential performance of the stock against its competitors and the sector, which can be taken into account while evaluating the quarterly performance. There’s also an important angle to look at. of a listed company.
Here we list down the Q3FY23 results of some listed companies whose Q4 results are expected today:
Avenue Supermarts or Dmart Q3 Results
Avenue Supermarts or DMart reported Consolidated Profit After Tax (PAT) 589.68 crore in the October to December 2022 quarter, which is 6.7 percent higher than its PAT 552.56 crore was reported in the corresponding quarter of the previous financial year. Radhakishan Damani-owned Avenue Supermarts reports 25 percent growth in revenue from operations 11,569.05 crore as against 9,217.76 crore in the corresponding quarter of the previous fiscal. The company’s EBITDA margin stood at 8.3 per cent in Q3FY23 as compared to 9.4 per cent in Q3FY22.
Afl India reported total income of 392.551 crore in the October to December 2022 quarter, which was 6.84 percent higher than its total income 367.419 crore was reported in the corresponding quarter of the previous financial year. Internet company reports 17.55 percent net growth in net profit 68.977 crores which stood 58.676 crore in the October to December 2021 quarter.
Naveen Fluorine Q3FY23 Results
The quarterly earnings reported by the specialty chemicals company in the last quarter was pretty decent and was largely in line with expectations. New Fluorine’s total year-on-year (YoY) revenue grew by 12 per cent on softening raw material prices and meeting expectations. Sequentially, however, revenue fell 6 percent. Gross Ebitda also grew by 12 per cent as operating margin remained stable at 21.6 per cent.
Sonata Software Q3 Results
IT major reports 4.39 per cent rise in consolidated net profit on the back of over 51 per cent rise in revenue from operations 117.66 crore in the October to December 2022 quarter. The IT company reported revenue from operations during the period 2,260.78 crores. Sonata Software’s consolidated EBITDA grew by 4 percent on a quarter-on-quarter (QoQ) basis and 18 percent on a year-on-year (YoY) basis 172.8 crore in Q3 FY23.
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