Vodafone Idea Ltd., Indian Oil Corp., and Ashok Leyland Ltd. are among the top names that will announce their earnings for the first quarter on Thursday.
Vodafone is likely to post a net loss of Rs 6,853.30 crore and revenue of Rs 11,152.50 crore for the quarter ended June, according to a survey of analysts’ estimates done by Bloomberg. Its earnings before interest, taxes, depreciation and amortisation is seen at Rs 4,655.30 crore, and margin is expected at 41.74%.
Ashok Leyland is likely to report a standalone net profit of Rs 598.00 crore and revenue of Rs 8,792.10 crore for the first quarter, according to estimates. Its earnings before interest, taxes, depreciation and amortisation is seen at Rs 974.50 crore, and margin is expected at 11.08%.
Here are the earnings estimates of major companies that are scheduled to announce their results on Thursday:
