Apart from these, companies such as Gujarat Gas, CreditAccess Grameen, DCM Shriram, Jain Resource Recycling, J&K Bank, Newgen Software, Vikram Solar will also report their quarterly numbers.
What to expect from Persistent Systems Q3 resultsAnalysts forecast a 3.9% quarter-on-quarter growth in constant currency, driven by BFSI and healthcare verticals, while hi-tech is likely to remain weak. EBIT margin is likely to decline 70 bps QoQ due to impact of wage hike (180 bps), partly offset by operating efficiencies and rupee depreciation.”New deal ACV and TCV have moderated in the recent quarters. We expect acceleration in ACV of deal wins in the near future,” Kotak Equities said.
Investors focus will likely remain on the momentum in deal wins and whether current growth trajectory is sustainable despite slowdown in order wins, strength of deal pipeline and conversion timelines in light of macro headwinds, outlook of discretionary spending across verticals, medium-term profitability targets, progress on acquisitions that are critical for path to $5 billion revenues and state of demand in the healthcare vertical, especially in payers sub-segment.AU Small Finance Bank Q3 expectationsAnalysts expect NIMs (net interest margins) to improve by double digits in the third quarter, while business growth is likely to remain robust. The cost ratios are likely to remain sticky with an expected improvement in credit cost ratio.Motilal Oswal estimates net interest income (NII) to grow 13% year-on-year (YoY) to Rs 2,280 crore, while net profit is seen rising 22% YoY.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
-1024x683.jpg "The Key Battles for Senate Control Are Set")
