As per the filings made by companies, including ITC Ltd, DCM Shriram, realty firm Omaxe, entertainment firm Pyramid Saimira, Thermax and Hotel LeelaVentures, they would announce their audited financial year results by June 30.
Yesterday, as many as 85 companies had filed that they would announce their results by June 30.
As per the stock exchange listing guidelines, companies have to disclose their results for the quarter and year ended March 31, within April 30.
With most of the big corporates already disclosing their results, analysts believe the market sentiments are already in a positive mood and the expectations for the results of the rest of the companies also look positive.
The IT sector bluechips TCS, Infosys, Wipro and Satyam had reported quarterly results in-line with market expectations which buoyed the market sentiments.
Infosys' net profit for the fourth quarter was reported at Rs 1,249 crore, up from Rs 1,144 crore in the year-ago period while Wipro Technologies posted Q4 net profit at Rs 880 crore, up from Rs 856.1 crore in the year-ago period.
Following price rise and with several product launch in the offing, the FMCG companies have also announced a significant rise in net profit.
Although, corporate bluechip ITC would announce its FY08 result by June 30. Hindustan Unilever has reported a decline in its Q1 net profit at about Rs 381 crore. However, Dabur India reported about four per cent growth in net profit at Rs 79.64 crore.
