
Hindustan Zinc: Motilal Oswal sees profit dropping 24.8 per cent YoY to Rs 1,942.80 crore on 6.4 per cent YoY fall in sales at Rs 7,963 crore. The brokerage said any guidance on future dividend payout is important.A couple of companies including Hindustan Zinc Ltd, Dr Reddy's Laboratories Ltd (DRL) and PB Fintech Ltd (Policybazaar) are scheduled to report their quarterly earnings today. While Policybazaar is seen reporting a higher profit sequentially, Hindustan Zinc may report nearly 25 per cent fall in YoY profit, brokerage estimates suggested. DRL is seen reporting a 24 per cent rise in the bottom line, a brokerage said.
PB Fintech Q4 results
Dolat Capital expects PB Fintech to report a profit after tax of Rs 55.80 crore against a profit of Rs 37.20 crore in the December and a loss of Rs 9.40 crore in the same quarter last year. It sees sales at Rs 1,003.80 crore against Rs 869.10 crore in the year-ago quarter, up 15.3 per cent YoY, led by protection business. Any commentary on use of cash, overall insurance & lending growth outlook and overview on Reinsurance & payments business would be keenly watched.