Q4 results today: Tata Steel among 78 companies to announce earnings on Monday

Synopsis

The fourth quarter earnings season is gaining traction, with numerous companies, including Tata Steel, UPL, and SRF, set to announce their results on Monday. Tata Steel is anticipated to report a significant drop in net profit, potentially between 18% and 46% year-on-year, alongside a revenue decline. Investors will be closely monitoring management's insights on European operations and future margin expectations.

The fourth quarter earnings season is picking up momentum and on Monday as many as 78 companies will announce their quarterly numbers. Key earnings to watch out include from Tata Steel, UPL and SRF.

Apart from the above, Zaggle, Ventive Hospitality, Usha Martin, Vijaya Diagnostic, Walchand Peoplefirst, CARE Ratings, Happiest Minds, Raymond, Sagar Cements among others will also declare their results.

Tata Steel Q4 expectations

Tata Steel is expected to report a net profit fall of 18%-46% on the year-on-year basis, according to estimates given by four brokerages. The bottomline range is seen between Rs 459 crore and Rs 1,399 crore.

The revenue is also expected to take a hit in the January-March quarter of FY25, the brokerages unanimously believe. It could fall between 3.2% and 9% dangling in the range of Rs 53,212 crore and Rs 56,806 crore.

The divergence in their estimates stems from differences in methodology—for instance, Nuvama has considered adjusted PAT, while others have based their projections on either standalone or consolidated financials.

Overall, while domestic operations may provide some cushion, international headwinds and cost pressures are likely to weigh on Tata Steel’s consolidated Q4 performance. Investors will be closely watching management commentary on European operations and future margin outlook.

Nuvama expects Tata Steel’s adjusted PAT at Rs 990 crore, reflecting a decline of 18% YoY while going up by 119% QoQ. The revenue could come-in at Rs 53,440 crore, which marks a 9% decline YoY and 0.4% fall in QoQ.

The Earnings before interest, tax, depreciation, and amortisation (EBITDA) may stand at Rs 6,520 crore, registering a 6.5% YoY fall and a sharper 13.5% decline QoQ.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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