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Indian firms like Asian Paints and L&T report Q4 earnings, showing mixed performance across key sectors.
On May 8th, 74 Indian companies, including L&T, Titan, Asian Paints, and Britannia, released their Q4 earnings.
Asian Paints is expected to see a 2% decline in revenue and an 11% drop in net profit due to weaker urban demand and competition.
L&T, however, is predicted to report a net profit growth of 7% to 17% with revenue up 11% to 17%.
These results provide insights into the financial performance of key sectors, with IT, banks, and energy among those projected to have weaker growth.
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Las firmas indias como Asian Paints y L&T reportan ganancias del cuarto trimestre, mostrando un desempeño mixto en sectores clave.