Wednesday, April 22, 2009

STREET EXPECTATION ON QTRLY. RESULTS

Wipro is to announce its fourth quarter numbers for the year ended FY09. According to market estimates, its Q4 net profit is expected to go up by 4.7% to Rs 939.8 crore versus Rs 897.9 crore (US GAAP) QoQ. Revenues are likely to go up by 0.7% to Rs 6,583.9 crore versus Rs 6,538.7 crore.

ACC is to announce its Q1CY09 standalone numbers. According to market estimates, its profit after tax, PAT is expected to go up by 12% at Rs 359.5 crore versus Rs 321 crore, YoY. The company's revenues are seen going up by 15% at Rs 2,062.4 crore versus Rs 1,795.8 crore. Operating profit margin is seen at 27% versus 26%.

HCL Technologies is to come out with Q3FY09 numbers. According to market estimates, its net profit is expected to go down by 27.4% to Rs 257.5 crore as against Rs 354.7 crore QoQ. Revenues are seen going up by 12.9% to Rs 2,812.8 crore from Rs 2,490.8 crore.

Zee Entertainment is to announce its Q4FY09 numbers. According to market estimates, its profit after tax, PAT is expected to go down by 11% at Rs 81.6 crore versus Rs 92.4 crore. (PAT adjusted for minority interest). Revenues are seen going up by 0.4% to Rs 527.9 crore versus Rs 526 crore and operating profit margin is seen at 23% versus 24.8%.

Hindustan Zinc is to announce its Q4FY09 standalone numbers. According to market estimates, its net profit is expected to go down by 67% at Rs 424 crore versus Rs 1,278 crore. The company's net sales are seen going down by 49.4% at Rs 1,145 crore from Rs 2,266 crore. Its operating profit is seen at Rs 386.7 crore versus Rs 1,481 crore and operating profit margin is expected at 34% versus 65%.

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