Around 50 companies, including HDFC Bank, HUL, Tata Communications, and Hudco, are set to announce their Q3 earnings. HDFC Bank is expected to report a 7-8.4% YoY growth in net interest income, while HUL’s growth may be muted due to weaker demand and input cost inflation. Key metrics to watch include HDFC’s deposits and HUL’s underlying volume growth.
DMart’s future lies in network expansion and FMCG focus, says Jignanshu Gor
Bernstein India’s Jignanshu Gor believes DMart’s growth is returning, driven by improved consumption demand and network expansion. Despite facing competition from quick commerce, DMart maintains