The earnings season is gaining speed. Swiggy anticipates steady revenue growth, driven by quick commerce and food delivery. However, profitability may face pressure. Losses could widen. Dr Reddy’s is projected to report a net profit increase. Revenue from operations is also expected to grow. Several other companies, including ABB India and Bank of India, will also announce their results.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.