Q1 result season begins: 30 companies may report over 100% growth in profit

While the earnings growth of private and PSU banks, at 16% and 11% YoY, can be the lowest over ten and eight quarters, the auto sector's earnings are likely to rise 18% YoY, the lowest in nine quarters.

Here’s a look at companies that may report over 100% year-on-year (YoY) growth in quarterly profits:

Pharma and healthcare companies

Motilal Oswal has raised healthcare to overweight from neutral and replaced Cipla with Mankind in the portfolio.

The brokerage expects Glenmark Pharma's PAT to jump 163% while sales are seen rising 8.5% in Q1. Laurus Labs' net profit may grow 158% to Rs 15.8 crore.

Metals

Kotak estimates margins to sequentially increase by Rs 950/ton sequentially in Q1 for steel companies led by improved realizations and raw material costs, partially offset by operating deleverage.

The brokerage estimates that 's adjusted PAT will grow 118% YoY while Motilal sees reporting 122% growth in profit and 203%. 's Q1 PAT may also jump 202% to Rs 2,600 crore.

Real estate

Brokerages expect real estate players to report strong demand traction once again in the quarter amid cyclical and macro tailwinds. Motilal estimates show that , and may report more than double growth in bottomline.

Consumption

Tata Group's retailer is seen as reporting a 105% jump in quarterly profit to Rs 304 crore while may also come up with a multi-fold jump in profit of Rs 220 crore in the June quarter.

is seen as reporting 142% rise in PAT as cooling product sales jumped across the country due to intense heatwave. Similarly, may also report 124% jump in profit.

is also seen reporting 333% growth in profit.

Financials

Kotak Equities expects moderation in earnings growth to continue in banks as the best of earnings growth drivers are well behind us.

Within financials, Motilal calculations show that MCX can report a 493% rise in profit. "MCX has witnessed strong traction in F&O volumes in Q1. Futures ADTO increased from Rs 17,500 crore in Q4 to Rs 25,900 crore in Q1," it said.

's PAT is seen as rising 103% YoY while that of BSE may jump 201%. Kotak Institutional Equities sees PAT of PSU lender rising 156%. "We expect the bank to report modest operating profit growth and this along with a decline in provisions will result in strong earnings growth. NIM is likely to be marginally lower QoQ driven by marginal increase in cost of funds," Kotak said.

Others

's profit is seen jumping 2,779% in the quarter to Rs 69.4 crore led by sharp improvement in EBITDA margin on operating leverage gain and easing of supply chain related issues.

Kotak believes that Nuvoco's PAT may jump 187% and Thermax's reported PAT may jump 152% amid 362 bps jump in margins.

Kotak believes that Bharti Airtel may report 144% rise in PAT and ARPU to increase marginally from Rs 209 to Rs 210 in Q1.

Among media stocks, Motilal expects Zee Entertainment to report doubling of quarterly profit to Rs 99.2 crore.

Other stocks in the list include RateGain, GMR Airports, Varroc Engineering, Hindware, Greenply, Somany and Symphony.

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