The earnings season for the first quarter of fiscal year 2024-25 has begun, with several companies slated to announce their results on July 9th, 2024. Delta Corp and GM Breweries are among the most widely tracked companies in the list.
Delta Corp, a gaming and casino company, has seen its stock rise by around 20% in the last month, making it a key focus for investors. GM Breweries, a Mumbai-based beverage company, has also seen a significant 43% stock market gain in the past month.
Other companies scheduled to report their Q1 results today include Eraaya Lifespaces, Rajnish Wellness, RS Software (India), VL E-Governance & IT Solutions, and Ventura Textiles. The market will closely follow these earnings announcements.
In the coming week, notable companies like IT majors HCL and TCS, IREDA, and Avenue Supermarts are also set to declare their results for the April-June 2024 period, further adding to the earnings season activity.
With a total of 29 companies scheduled to report their results between July 8th and July 13th, the market will be closely watching these developments as the new fiscal year’s earnings cycle kicks off.