Q4 results today: What to expect from M&M, Grasim, Info Edge and Samvardhana Motherson

 

Q4 results today: What to expect from M&M, Grasim, Info Edge and Samvardhana Motherson

Samvardhana Motherson

Samvardhana Motherson's consolidated revenue is expected to increase by 3% quarter-on-quarter (QoQ) in 4QFY23, owing to low single-digit revenue growth in SMRPBV business and high single-digit QoQ growth in the wiring harness division.

"We estimate consolidated EBITDA margin to improve by 50 bps QoQ to 8.3%, led by a sharp decline in energy prices, resulting in lower other expenses in 4QFY23," Kotak said.

Synopsis

Mahindra and Mahindra (M&M) is expected to see healthy revenue growth in Q4 2023, driven by volumes and average selling price. However, lower tractor volumes in the mix will likely lead to margin contraction. Grasim Industries is expected to witness a decline in net profit by 50% due to year-on-year volume decline in VSF operations. Info Edge's net profit is estimated to rise up to 56%, while sales are likely to increase by 24%, and Naukri  ..

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