Now Reading: Vodafone Idea, Bharat Forge among 230 firms reporting Q1 results today
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Vodafone Idea, Bharat Forge among 230 firms reporting Q1 results today
Vodafone Idea, Bharat Forge among 230 firms reporting Q1 results today
Over 230 companies, including Vodafone Idea, Bharat Forge, Info Edge India, and Hindustan Copper, are due to report their June quarter results (Q1 FY27) on Monday, 10 August. Market expectations vary widely…
The Story in Brief
Over 230 companies, including Vodafone Idea, Bharat Forge, Info Edge India, and Hindustan Copper, are due to report their June quarter results (Q1 FY27) on Monday, 10 August. Market expectations vary widely across sectors.
Brokerage Motilal Oswal expects Vodafone Idea to show modest 1% sequential revenue growth, with ARPU rising slightly to Rs175, but subscriber base continuing to shrink. Kotak Institutional Equities forecasts a 13% year-on-year rise in Bharat Forge's standalone revenues, driven by domestic auto and defence demand. On Friday, the Sensex fell 456 points to 78,499 and the Nifty slipped 65 points to 24,571, ending a volatile week.
The Indian Opinion
A deluge of Q1 results often drowns out the real picture. The buzz around Vodafone Idea's ARPU improvement glosses over its persistent subscriber losses. Similarly, Bharat Forge's defence business gets praised, but export growth remains modest. Instead of cheering quarterlies, watch whether consumer spending and private investment are actually picking up. The next GST collection figure will be a better test of underlying demand than any single company's profit jump.
Source: livemint.com
This story was synthesised by AI from the source linked above.
