Q4 results today: What to expect from LIC, Hindalco Industries and Nykaa

Online beauty platform Nykaa is expected to report a 31% YoY growth in Q4 revenue at Rs 1,277 crore due to a strong festive season base; however, sales are set to decline by almost 13% on a sequential basis. Hindalco Industries’ net sales for the same quarter are expected to decline by 4% to Rs 53,500 crore and profits falling by 44% to Rs 2,300 crore. Meanwhile, Life Insurance Corp (LIC) posted a consolidated net profit of Rs 8,334 crore for Q3 and recorded a 14% YoY increase in net premium income to Rs 1.12 lakh crore in December quarter.