Q4 results today: LTIMindtree, Bajaj Housing among 28 companies to announce earnings on Wednesday

The fourth quarter earnings season is picking up momentum and on Wednesday as many as 28 companies will announce their quarterly numbers. Key earnings to watch out include from LTIMindtree, Bajaj Housing and Tata Tele Services.

Apart from the above, Can Fin Homes, 360 One Wam, Gravity India, Gujarat Hotels, IIRM Holdings India, Ind Bank Housing among others will declare their results.

Bajaj Housing Q4 expectations

Leading NBFC Bajaj Housing Finance is likely to report strong earnings going by analyst estimates. Kotak Equities estimates profit growth to be as high as 61% to Rs 613 crore, while net interest income (NII) is seen at 34% to Rs 844 crore.

The pre-provision profit for the quarter is estimated at Rs 761 crore, which is a 45% increase from the previous year period.

"Bajaj Housing will likely report 5.6% QoQ AUM growth in 4QFY25 in line with 5.6-6.3% reported in the previous four quarters. NIM will likely remain stable QoQ to 3.4% as cost of borrowing peaks out," the brokerage said.

Operating expense growth will likely remain moderate at 8% YoY, leading to 12 bps YoY decline in cost-to-AUM ratio to 0.75% in 4QFY25. "We pen down credit cost of 12 bps (13 bps in 3QFY25 and 16 bps in (4QFY24)," Kotak said.

In the preceding December quarter, the company reported 25% YoY growth in its profit after tax (PAT) at Rs 548 crore, while net interest income rose 25% YoY to Rs 806 crore.

LTIMindtree Q4 expectations

LTIMindtree is likely to report disappointing flat revenues due to weak travel and the hi-tech vertical. The quarter will be
hit by the full-quarter impact from productivity sharing with its top client. Weak revenues will filter through to weak margins.

"Cost take-out measures undertaken by the company will show up in the June 2025 quarter. We expected a TCV in the $1.4-1.6 bn range, in line with the past few quarters. Deal wins are of a shorter tenure," Kotak Equities.

The company's profit is likely to grow 11% year-on-year (YoY), while profit is seen rising 5% YoY in the fourth quarter.

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