Apart from the above, Hetson Agro, KBC Global, Kelton Tech, Modern Engineering, Monarch Networth Capital, Oasis Securities, Raju Engineers, Sheetal Cool Products, Tahmar Enterprises, Styrinics Performance and other results to watch out for.
HDFC Life Q1 Expectations
HDFC Life Insurance Company for the quarter ended June 30, 2024, reported its annual premium equivalent of Rs. 2,910 crore in annual premiums expected to register a 22% YoY jump. However, a 40% reduction can be observed as per APE on a sequential basis. Average estimate of three brokerages.
Its new businesses (VNB) value for Q1FY25 was Rs. 714 crore is estimated which may be 17% higher than the same period last fiscal.
Key monitorables going forward will be product-level growth, particularly on the defense front with margin guidance on the APE and VNB fronts.
Nuwama expects HDFC Life to post annual premium equivalent (APE) for the quarter ended June 30, 2024 at Rs. 2,910 crore, which is likely to grow by 25% year-on-year while growth of 38% on a quarter-to-quarter basis. .
HDFC AMC Q1 Expectations
Analysts are projecting a 10% quarter-on-quarter rise in quarterly AUM in 1QFY25 reflecting growth in equity indices and higher equity market share.
Kotak Institutional Equities’ profit will grow 20% year-on-year in the quarter, while sales will grow 35% year-on-year.
“We expect core PBT growth of 40% YoY driven by 35% YoY revenue growth and 18% YoY expense growth. Other revenues are stable YoY. Focus on stability. Retail flow and flow market share Outlook on,” the brokerage said.
(Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
