Earnings Today: Fuel Prices May Dent IndiGo’s Bottomline In Q4
All the big corporate earnings of the day.
InterGlobe Aviation Ltd, owner of IndiGo Airlines, will report its fourth quarter earnings on Tuesday. While revenue is expected to grow at a healthy pace, rising aviation fuel prices in the January to March quarter is expected to dent the net profit figure.
The country’s largest carrier by market share is expected to benefit from the near 20 percent jump in aviation passenger traffic in the first three months of 2017, but rising aviation fuel prices may weigh on the bottomline.
What To Watch
- Update on Pratt & Whitney engines
- Induction of new aircraft
- Impact of rising fuel price
- Impact of the government’s latest regional connectivity scheme, UDAN.
Bharti Airtel Ltd. is expected to see its highest profit drop in more than four years, as a result of the intense traffic war triggered by the entry of Reliance Jio Infocomm Ltd. The country’s largest telecom operator is expected to see its revenue rise 10 percent year-on-year. It is also expected to report its lowest-ever average revenue per user.
What To Watch
- Performance in Africa
- Growth in data usage
- Capital expenditure guidance for financial year 2018
- Management commentary on Reliance Jio and debt reduction plans
Thyrocare Technologies Ltd. is expected to see a 40 percent rise in its bottomline, driven by its diagnostic segment. The January-March quarter has been traditionally the best period for diagnostic service providers.
What To Watch
- Breakup of segmental revenue
Godrej Consumer Products Ltd. is also expected to post a rise in its fourth quarter earnings, as demand made a comeback after the government’s demonetisation drive. While topline is expected to grow by 10 percent, the bottomline may see a higher uptick of 15 percent.
What To Watch
- Scale up in home insecticides segment moving beyond mosquito/cockroach repellents
- Cream format in Hair Care which continues to show strong growth
- Performance in Africa and Latin America
- Reduction in promotions and impact on margins and sales
Other Earnings
- Petronet LNG
- Future Retail
- Dena Bank
- Blue Star
- Syndicate Bank
- Vijaya Bank