Q2 Results: What to Expect and Key Dates for the coming week.

We approach the Q2 earnings season, investors are keenly anticipating the performance of major companies across various sectors

Bharat Electronics, Coal India and JSW Steel - 25th Oct, 2024

BEL Q2 Earnings Results Preview FY25: 

Bharat Electronics Limited (BEL), a prominent Navratna PSU under the Ministry of Defence, is set to announce its Q2 earnings soon. As a leading manufacturer of electronic systems for defence and other sectors, BEL has shown significant growth in recent quarters. Investors and stakeholders are eagerly anticipating this announcement, especially following the impressive result from the previous quarter.

Coal India Q2 Earnings Results Preview FY 25:

Coal India Ltd. (CIL) is expected to announce its second quarter financial results for FY2024-25, along with a potential interim dividend declaration, on October 25, 2024.

Here are some expectations for Coal India's Q4 2024 results:

• Net profit: A 37% year-on-year increase, but a 17% quarter-on-quarter decrease • Net sales: Flat or a 5% year-on-year decrease

• EBITDA: A more than 50% year-on-year increase • E-auction premium: Around 53% in Q4FY24, and around 90% for FY24

• Blended realizations: Rs1,64 per ton in Q4FY24

Earnings for Q4 2024 are not comparable to the same quarter last year due to a ₹5,800 crore provision for wage revision in Q4FY23.

JSW Steel Q2 Earnings Results Preview FY 25:

JSW Steel's net sales and profit after tax (PAT) for Q2FY25 are expected to decline significantly. Various brokerages predict revenue to decrease by up to 8.5% and PAT to drop by 71-80% year-on-year. The company will report its earnings on October 25, 2024.

We have provided an initial preview  and expected performance of companies that are set to announce their results on 25 Oct, 2024.

Will continue to offer insights and previews of other companies' results as the earnings season progresses. Stay tuned for more updates in the coming days as additional companies prepare to release their financial results.

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