How will Bajaj Fin, Maruti, HDFC Life, SBI Life and L&T Tech fare in Q4?

April 26, 2023

India’s corporate earnings season focuses on Nifty heavyweights Bajaj Finance, Maruti Suzuki, HDFC Life, SBI Life, and L&T Tech. Maruti Suzuki is expected to post a 22% YoY and 12% sequential growth, along with 41% YoY profit growth. Bajaj Finance is predicted to show a 30% YoY growth in consolidated net profit with SBI Life at 14% YoY APE growth for Q4. Meanwhile, HDFC Life is expected to see a 27% YoY APE growth in Q4. L&T Tech’s profit after tax (PAT) is seen to be 5% higher, with revenue for the quarter seen at Rs 2,077 crore.

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