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Tata Steel, Coal India, ACC, Indian Oil, Indraprastha Gas —Earnings Estimates

GenevaTimes by GenevaTimes
January 26, 2025
in Business
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Tata Steel, Coal India, ACC, Indian Oil, Indraprastha Gas —Earnings Estimates
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Tata Steel Ltd., ACC, Indian Oil Corp., Coal India Ltd. and Indraprastha Ltd. are among the top names that will announce their earnings for the third quarter on Monday.

Tata Steel is likely to clock a loss of Rs 300 crore and revenue of Rs 52,438 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. Analysts also estimate the Ebitda of the company to be Rs 4,742 crore, at a margin of 9%.

Coal India is expected to post a net profit worth Rs 8,368 for the quarter ended December. The revenue for the state-run company is expected to be at Rs 34,979 crore.

ACC is expected to report a net profit of Rs 357 crore for the quarter ended December and a revenue of Rs 4,934 crore. THe ebitda for the cement company is expected at Rs 645 crore at a margin of 13%.

Indian Oil is expected to report a revenue of Rs 1.92 lakh crore with a net profit of Rs 5,485 crore. Analysts also estimate the earnings before interest, tax, depreciation, and amortisation of the firm to be Rs 11,660 crore and margins of 6%.

Indraprastha Gas Exports Ltd. is likely to clock a profit of Rs 365 crore and revenue of Rs 3,684 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. Analysts also estimate the Ebitda of the company to be Rs 561 crore, at a margin of 15%.

Canara Bank Ltd. is anticipated to report a net profit of Rs 3,954 crore.

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