Q4 results today: What to expect from LIC, Hindalco Industries and Nykaa

LIC, Hindalco Industries and Nykaa will announce their fourth-quarter results today. Here's a brief preview of what to expect from these companies in the fourth quarter.

Nykaa
Online beauty platform Nykaa is expected to clock 31% year-on-year (YoY) growth in revenues at Rs 1,277 crore for the quarter ended March, primarily on account of coming off the festive season base.


However, sales are likely to decline by nearly 13% on a sequential basis.

Kotak Institutional Equities estimates the BPC (beauty and personal care) segment to grow 27% YoY and the fashion business to see 35% growth YoY.

"We model sequentially higher GMs on account of higher fashion in the mix, but negative operating leverage will lead to sequentially flat EBITDA margin of 5.4%," the brokerage said.

Net profit for the quarter will likely be a complete washout when compared with the previous-year period at Rs 20 lakh. The company reported a profit of Rs 8.6 crore in the last year's quarter and Rs 8.2 crore in the December quarter.

Hindalco Industries
Hindalco Industries net sales for the March quarter are expected to decline 4% to Rs 53,500 crore, according to Motilal Oswal. Meanwhile, PAT is seen falling by 44% to Rs 2,300 crore for the reporting period.

"Novelis sales volumes are expected to be 975kt. The contribution from the auto sector is expected to improve to over 20%," the brokerage said.

Kotak estimates India EBITDA at Rs 2360 crore, down 42% YoY with aluminium EBITDA of Rs 1810 crore, also down 51% YoY.

LIC
Insurance behemoth Life Insurance Corp (LIC) has posted multi-fold growth in its consolidated net profit at Rs 8,334 crore for the third quarter. Net premium income rose 14% YoY (YoY) to Rs 1.12 lakh crore in the December quarter.

The estimates for the fourth quarter results are not available.

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