The fourth quarter of FY24 financial results for 23 companies are set to be announced on April 24. These companies include Axis Bank, AU Small Finance Bank, Hindustan Unilever (HUL), LTIMindtree, and 5Paisa Capital. The results are expected to provide insights into the overall health of the corporate sector and the impact of recent economic headwinds. Market analysts anticipate varied performances among these companies for the quarter. For instance, FMCG major Hindustan Unilever (HUL) is expected to experience subdued earnings growth, with a projected 2.71% increase in net profit for Q4FY24. Revenue is estimated to expand by 1.16%, indicating a gradual recovery in consumer demand. In contrast, Axis Bank may face a decline in net profit for Q4FY24, reflecting the impact of rising operating costs. The bank’s provision costs are forecasted to remain stable, while loan growth is projected to moderate. Investors and market participants will be closely monitoring the results of these companies to assess their financial performance and make informed investment decisions.
Q4 Results Today: 23 Companies to Announce Financial Performance
