Q4 results today: Among the 14 companies, Wipro, Jio Finance, HDFC AMC and Hindustan Zinc are scheduled to announce their Q4 results on April 19th.

Q4 results today: Wipro, Hindustan Zinc, Jio Financial Services, HDFC AMC are among 14 companies scheduled to announce Q4FY24 results today, Friday, April 19 .

Companies reporting Q4 results today:

Wipro, Jio Financial Services, HDFC Asset Management Company, Hindustan Zinc, KP Green Engineering, Sejal Glass, Sybly Industries, Elecon Engineering, Rajnish Wellness, Roselabs Finance, Rajnish Retail, Amal, Benares Hotels, and VL E-Governance & IT Solutions. will announce its fourth quarter results today.

The stock prices of these 14 companies will be closely watched by investors as they are expected to react to their fourth quarter results today.

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Wipro Q4 Results

Wipro is expected to perform poorly in the fourth quarter of 2024 amid a weak demand environment.Wipro is estimated to report consolidated net profit INR274.6 billion in Q4 FY24, registering a slow growth of 1.92% QoQ. The company's IT services revenue is expected to increase by 0.18% quarter-on-quarter to $2,661 million, but may decline by 0.28% to $2,661 million in rupee terms. INRBased on the average estimate of five brokerage firms, the quarter-on-quarter increase was 2,214.1 billion yen due to macro effects and continued weakness in the industry.

Read here: Wipro Q4 results today: IT giant expected to report lackluster earnings. Guidance for 2025, focus on new CEO's plans

HDFC AMC Q4 Results

HDFC Asset Management Company's fourth-quarter net profit is expected to increase 35.2% year-on-year. INR508.6 million, revenue increased by 37.7% from the previous year INR745 million.

HDFC AMC's overall AUM increased by 10.2% as of February 2024 compared to December 2023. Equity AUM grew by 15.1% over the same period, with the share of pure equity AUM increasing by 2.0% sequentially. HDFC AMC's overall AUM growth rate is estimated at 11% QoQ. EBITDA margin is estimated to be similar quarter-over-quarter, with other revenues expected to decline quarter-over-quarter during the current quarter.

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Hindustan Zinc Q4 Results

Hindustan Zinc's fourth-quarter net profit is expected to decline 19.8% year over year. INR208 billion, revenue could decline by 11.9% INR749 billion. Meanwhile, EBITDA is estimated to increase 2% QoQ due to improved zinc volumes (up 8.4% QoQ) and lower production costs (down 7% QoQ), but lower zinc prices. (down 2% sequentially). According to Nuvama Institutional Equities, lead and silver trading volumes will decline.

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