Jindal Stainless, Ques, Jubilant Foodworks, Sides Wellness: Q4 Results Expectations
Investors are eagerly awaiting the Q4 results of Jindal Stainless, Ques Corp, Jubilant Foodworks, and Sides Wellness to gauge the performance of the companies during the January-March quarter of 2023. Here’s a breakdown of what to expect from each company’s financial results.
Jindal Stainless Q4 Results Expectations
Jindal Stainless, the largest stainless steel producer in India, is expected to report strong Q4 results due to higher steel prices. The company has recently raised the prices of its steel products by up to Rs 5,000 per tonne to pass on the increased input costs to consumers. Analysts expect the company’s Q4 revenue to increase by around 25% YoY due to higher steel prices.
Ques Corp Q4 Results Expectations
Ques Corp, the parent company of digital payments platform Ques, is expected to report strong Q4 results due to robust growth in its payment transactions. The company’s payment transactions have been growing at a CAGR of over 100% for the past few years, driven by the adoption of digital payments in India. Analysts expect Ques Corp’s Q4 revenue to increase by around 40% YoY due to the growth in payment transactions.
Jubilant Foodworks Q4 Results Expectations
Jubilant Foodworks, the operator of Domino’s Pizza and Dunkin’ Donuts in India, is expected to report decent Q4 results due to the strong recovery in consumer demand. The company had witnessed a decline in sales during the peak of the pandemic, but has since recovered due to the easing of restrictions. Analysts expect Jubilant Foodworks’ Q4 revenue to increase by around 15% YoY due to the recovery in consumer demand.
Sides Wellness Q4 Results Expectations
Sides Wellness, a wellness and beauty products company, is expected to report moderate Q4 results due to the disruption caused by the pandemic. The company had witnessed a decline in sales due to the closure of retail stores and the decrease in discretionary spending by consumers. However, Sides Wellness has recently launched a new range of products to increase its market share, which could help boost its Q4 performance. Analysts expect the company’s Q4 revenue to increase by around 5% YoY.
Investors will be closely monitoring the Q4 results of these companies to gauge the performance of different sectors of the Indian economy. Strong results from Jindal Stainless and Ques Corp could indicate a recovery in the manufacturing and digital payments sectors, respectively. Jubilant Foodworks’ Q4 results could provide insights into the recovery of the food and beverage industry, while Sides Wellness’ performance could be indicative of the recovery of the wellness and beauty products sector.
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