43 companies are set to announce Q4 results, with Dr Reddy s and PB Fintech in focus. Dr Reddy s eyes revenue and net profit growth, while PB Fintech anticipates 18% YoY growth in core business premium.
According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year. Meanwhile, net profit after tax is likely to surge up to 54% YoY.
While earnings for Dr Reddy s is expected to remain strong in Q4, an uptick in R&D investments and new intitative may cap the drugmaker s margin expansion.
Nestle India is also looking to increase its total touchpoints to 60 lakh across the country in the next 4-5 years, up from 51 lakh at present, Narayanan said while speaking to reporters here. "The future of consumer goods companies will rest on their capability to penetrate more households, with more products for more occasions and usage," he said, while stressing on the need to shore up volume.