Peek into future to carve your funding technique! Tata Motors, Nykaa, IndiGo poised for spectacular FY24 development – THESE firms will see EPS declining

Photograph : ET Now Digital

The Janaury-March 2023 earnings season is drawing to an in depth throughout which all of the listed firms got here out with their monetary outcomes. Whereas some reported a superb set of numbers, the quarter didn’t go too effectively for others. It was impartial for some.

FY24 Earnings Outlook

Zee Leisure – The corporate’s earnings per share (EPS) of Rs 0.5 in FY23 is predicted to leap to Rs 10.4 in FY24.

Nuvoco Vistas – FY23 EPS of Rs 0.4 anticipated to return in at Rs 7.9 in FY24.

Birla Corp – The corporate is predicted to report an EPS of a whopping Rs 52.8 in FY24, almost 10 occasions up from Rs 5.3 in FY23.

Nykaa – Rs 0.1 EPS might leap marginally to Rs 0.5 in FY24.

Tata Motors – The auto maker might see an over 5x leap in EPS at Rs 34.8 in FY24 from Rs 6.3 in FY23.

The next firms will see the best decline within the earnings per share (EPS) in FY24:

Sapphire Meals – The corporate’s EPS in FY24 might halve to Rs 19.5 from Rs 36.7 in FY23.

High quality Organics – Rs 24.6 EPS in FY24 anticipated versus Rs 36.6 EPS in FY23.

Oil India – EPS anticipated to return in at Rs 17.5 in FY24 in opposition to Rs 23.5 in FY24.

Coal India – The state-owned firm’s FY24 EPS is predicted to scale back to Rs 37.6 from Rs 45.7 in FY23.

Laurus Labs – The EPS might be seen at Rs 12.9 in FY24 versus Rs 14.7 in FY23.

The next firms will see EPS going from loss to revenue in FY24:

InterGlobe Aviation – Low-cost airline IndiGo is predicted to see a pointy leap in its earnings per share in FY24 at Rs 105 versus Rs –7.9 in FY23.

The EPS of Aditya Birla Style, Vmart Retail and HPCL will see a multifold leap this fiscal.

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