ITC clocks 4% increase in third quarter profit at Rs 3,209 cr; gross sales revenue up 15.09% to Rs 11,340 cr
5 years, 11 months ago

ITC clocks 4% increase in third quarter profit at Rs 3,209 cr; gross sales revenue up 15.09% to Rs 11,340 cr

Firstpost  

ITC had posted a net profit of Rs 3,090.20 crore in October-December quarter a year ago, ITC said in a BSE filing. New Delhi: Diversified group ITC on Wednesday reported 3.84 percent increase in standalone net profit at Rs 3,209.07 crore for the third quarter ended 31 December, 2018. The company had posted a net profit of Rs 3,090.20 crore in October-December quarter a year ago, ITC said in a BSE filing. To keep watching the Leader in Global Market & Business News – CNBC-TV18 Prime HD, call your Cable or DTH Operator and ask for the Colors Family HD Pack, available for Rs.

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History of this topic

TCS shares jump nearly 5 pc post-December quarter earnings
6 days ago

TCS shares jump nearly 5 pc post-December quarter earnings

Live Mint  

New Delhi, Jan 10 Shares of Tata Consultancy Services jumped nearly 5 per cent on Friday morning after the IT services company reported an 11.95 per cent jump in December quarter net profit to ₹12,380 crore. The Tata Group company had reported a net profit of ₹11,058 crore in the year-ago period and ₹11,909 crore in the preceding September quarter. …

TCS Q3 results: Net profit rises 12% YoY to ₹12,380 crore; revenue up 5%
6 days, 18 hours ago

TCS Q3 results: Net profit rises 12% YoY to ₹12,380 crore; revenue up 5%

Live Mint  

TCS Q3 results: India's largest IT firm, Tata Consultancy Services Ltd, announced their October to December quarter results on Thursday, Janaury 9. The company announced a 12 per cent rise in net profit to ₹12,380 crore in the third quarter of the financial year 2024-25, compared to ₹11,058 crore in the previous year. TCS Q3 results showed that the revenue …

ITC June quarter profit flat at ₹4,917 cr, revenue rises 7.2% to ₹18,220 cr
5 months, 2 weeks ago

ITC June quarter profit flat at ₹4,917 cr, revenue rises 7.2% to ₹18,220 cr

Live Mint  

New Delhi: ITC Ltd on Thursday missed Street estimates, with a mere 0.30% rise in standalone net profit in the June quarter, on account of higher expenses. Cigarette business and FMCG business faired well with 6-7% revenue growth and better margins, while agri and paperboard, paper & packaging saw dip in the profitability, impacting overall margins of the company. Meanwhile, …

TCS Q1 Results Beat Estimates: Net Profit Up 9% to Rs 12,040 Crore, Rs 10 Dividend Declared
6 months ago

TCS Q1 Results Beat Estimates: Net Profit Up 9% to Rs 12,040 Crore, Rs 10 Dividend Declared

News 18  

Tata Consultancy Services, India’s largest IT services company, on Thursday reported a 9 per cent rise year-on-year in its consolidated net profit to Rs 12,040 crore for first quarter of the financial year 2024-25 ended June 30. “We would like to inform you that at the Board Meeting held today, the Directors have declared an interim dividend of ₹ 10 …

ITC has 68 more employees earning over a crore in 2023-24: How much does the top brass earn?
6 months, 2 weeks ago

ITC has 68 more employees earning over a crore in 2023-24: How much does the top brass earn?

Hindustan Times  

ITC saw 68 more executives getting a one crore and above salary in the financial year 2023-24, Business Standard reported, citing the tobacco and consumer goods conglomerate’s annual report. Sanjiv Puri, the chairman and managing director of ITC, received a 49.6% jump in gross remuneration, which stood at ₹28.62 crore in 2023-23 compared to ₹19.12 crore in the previous year, …

ITC shares drop over 4% as BAT says working towards monetising some of its stake
11 months, 1 week ago

ITC shares drop over 4% as BAT says working towards monetising some of its stake

Live Mint  

ITC share price traded over 4% lower on Thursday as its largest shareholder BAT is working towards offloading some of its stake in the cigarette-to-hotels conglomerate. Our shareholding in ITC has existed in one way or another since the early 1900s and is subject to numerous share capital changes and regulatory restrictions,” BAT said. BAT also highlighted that the Group’s …

TSC stock soars over 4 per cent as Q3 income rises 8 per cent to Rs 11,735 crore
1 year ago

TSC stock soars over 4 per cent as Q3 income rises 8 per cent to Rs 11,735 crore

India TV News  

Tata Consultancy Services shares rose over 4 per cent during early trade on Friday, contributing Rs 51,921.94 crore to its market valuation. The surge followed TCS reporting an 8.02 per cent growth in net income for the December quarter, amounting to Rs 11,735 crore. TCS, the largest software exporter, reported an 8.2 per cent growth in net income for the …

TCS Q3 Results: Net Profit Rises 8.2% To Rs 11,735 Crore, Revenue Up 4%; Rs 18 Special Dividend Declared
1 year ago

TCS Q3 Results: Net Profit Rises 8.2% To Rs 11,735 Crore, Revenue Up 4%; Rs 18 Special Dividend Declared

News 18  

Tata Consultancy Services, India’s largest IT services company, on Thursday posted a growth of 8.2 per cent year-on-year in its net profit to Rs 11,735 crore for the third quarter ended December 2023. Its revenue during October-December 2023 rose 4 per cent year-on-year to Rs 60,583 crore driven by strong double-digit growth in emerging markets, led by India. “We would …

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore
1 year, 2 months ago

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore

India TV News  

New Delhi: Leading stock exchange BSE has reported a four-fold jump in net profit at Rs 118.4 crore for the quarter ended in September 2023. The bourse's revenue rose 53 per cent to a record Rs 367 crore in the July-September quarter of the current financial year, from Rs 240 crore in the year-ago period. The exchange's average daily turnover …

TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared
1 year, 3 months ago

TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared

News 18  

Tata Consultancy Services, India’s largest IT services company, on Wednesday kick-started India’s Q2FY24 earnings season. The company posted an 8.73 per cent growth in its net profit to Rs 11,342 crore for the September 2023 quarter. The board of directors also approved a proposal to buyback up to Rs 4,09,63,855 equity shares of the company for an aggregate amount not …

ITC Q1 net profit rises 16% to ₹5,180 crore
1 year, 5 months ago

ITC Q1 net profit rises 16% to ₹5,180 crore

The Hindu  

Diversified entity ITC Ltd. on Monday reported a 16.08% rise in consolidated net profit to ₹5,180.12 crore for the first quarter ended June. During the June quarter, revenue from the "total FMCG" segment, which also includes cigarettes, surged 13.46% to ₹13,528.37 crore. "The Businesses continued to drive improvement in profitability through multi-pronged interventions viz premiumisation, supply chain optimisation, judicious pricing …

TCS Q1 Results: Net profit jumps 16% on year to ₹11,074 cr; declares dividend
1 year, 6 months ago

TCS Q1 Results: Net profit jumps 16% on year to ₹11,074 cr; declares dividend

Live Mint  

Information Technology services major, Tata Consultancy Services Ltd on Wednesday reported an 16.84% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹11,074 crore. The IT company's consolidated revenue from operations stood at ₹59,381 crores during the quarter ended June from ₹52,758 crore in Q1FY23. The company's consolidated total income for the quarter ended …

ITC Q4 results: Firm announces dividend of ₹9.5, fixes record date
1 year, 7 months ago

ITC Q4 results: Firm announces dividend of ₹9.5, fixes record date

Live Mint  

FMCG major ITC Ltd on Thursday announced a final dividend ₹6.75 and a special dividend of ₹2.75 per ordinary share of ₹1 each for the financial year ended 31 March, 2023. ITC had declared an interim dividend of ₹6 in February 2023, thus taking the total dividend for the financial year ended 31 March, 2023 to Rs15.50 per ordinary share …

ITC Q4FY23 Results: Net profit up 22.7% to ₹5,225.02 crore, declares dividend
1 year, 7 months ago

ITC Q4FY23 Results: Net profit up 22.7% to ₹5,225.02 crore, declares dividend

Live Mint  

ITC Ltd on Thursday reported an 22.7% year-on-year rise in its consolidated net profit for the fiscal's fourth quarter ended March to ₹5,225.02 crore. The consolidated net profit for the period attributable to the owners of the parent stood at ₹5,175.48 crore from ₹4,195.69 crore in Q4FY22. The company's consolidated total income for Q4FY23 stood at ₹19,667.94 crore from ₹18,252.64 …

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer
1 year, 11 months ago

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer

Hindustan Times  

Nine of the 10 most valued firms together added ₹1.88 lakh crore in market valuation last week, with ITC emerging as the biggest gainer. Barring Reliance Industries Limited, rest nine firms including Tata Consultancy Services, HDFC Bank, Infosys and ICICI Bank were the gainers from the top-10 list. ICICI Bank's market valuation jumped ₹32,239.66 crore to ₹6,02,749 crore and that …

ITC Q3 earnings preview: Net profit, revenue could grow in double-digits
1 year, 11 months ago

ITC Q3 earnings preview: Net profit, revenue could grow in double-digits

Live Mint  

ITC Q3 results 2023 preview: On account of stellar performance by all segments, stock market observers are expecting strong Q3 results in FY23 from ITC. Avinash Gorakshkar said that net profit and revenue of the cigarette-to-hotel conglomerate may grow in double-digits and ITC shareholders may expect interim dividend as well. Suggesting ITC shareholders to hold the scrip for strong upside, …

Stocks to Watch: Adani Ports, TechM, Infosys, Airtel, ONGC, UPL
2 years, 2 months ago

Stocks to Watch: Adani Ports, TechM, Infosys, Airtel, ONGC, UPL

Live Mint  

Here is the list of the top 10 stocks that will be in focus today: Adani Ports: Adani Ports and Special Economic Zone posted a 33% year-on-year rise in revenue to ₹5211 crore in Q2FY23 while EBITDA rose to 31% to ₹3260 crore. Tech Mahindra: Country's fifth largest IT services exporter Tech Mahindra on Tuesday reported a 4% year-on-year decline …

TCS attrition rate spikes to 21.5%, adds 9,840 new employees in Q2FY23
2 years, 3 months ago

TCS attrition rate spikes to 21.5%, adds 9,840 new employees in Q2FY23

Live Mint  

IT services firm Tata Consultancy Services saw attrition for the September quarter come in at 21.5%. While announcing its results for the second quarter of FY23, TCS' workforce stood at 616,171, a net addition of 9,840 employees during the quarter. In the June quarter, TCS had said that the rate of attrition was at 19.7% while in the March quarter, …

ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend
2 years, 7 months ago

ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend

India TV News  

Highlights ITC has reported 11.60% rise in its consolidated net profit to Rs 4,259.68 crore for Q4 ITC will pay a final dividend of Rs 6.25 per ordinary share of face value Re 1 each for FY22 ITC Results, ITC Share Dividend News: ITC share prices jumped over 4 per cent to hit a 52-week high of Rs 279.25 on …

ITC Q1 Result: Profit up 30.24%, revenue rises 35.9% as segments rebound
3 years, 5 months ago

ITC Q1 Result: Profit up 30.24%, revenue rises 35.9% as segments rebound

India TV News  

ITC Ltd has reported a 30.24 per cent jump in its consolidated net profit to Rs 3,343.44 crore for the first quarter ended June 2021 lead by a "strong rebound" in operating segments. During the April-June quarter, revenue from total FMCG business was Rs 9,534.07 crore, up 23.68 per cent, as against Rs 7,708.89 crore in the year-ago period. FMCG …

TCS Q4 results: Tata Consultancy Services' profit rises 14.9% to Rs 9,246 crore in fourth quarter
3 years, 9 months ago

TCS Q4 results: Tata Consultancy Services' profit rises 14.9% to Rs 9,246 crore in fourth quarter

India TV News  

The country's largest software services firm Tata Consultancy Services on Monday reported a 14.9 per cent rise in consolidated net profit to Rs 9,246 crore for the March 2021 quarter. The revenue of the IT major grew 9.4 per cent in the quarter under review to Rs 43,705 crore from Rs 39,946 crore a year ago, it added. The revenue …

ICICI Securities' shares zoom nearly 14% after company clocks 28% rise in Q4 net profit
4 years, 8 months ago

ICICI Securities' shares zoom nearly 14% after company clocks 28% rise in Q4 net profit

Firstpost  

Shares of ICICI Securities on Friday jumped nearly 14 percent, a day after the company reported a 28 percent rise in profit after tax for the March quarter New Delhi: Shares of ICICI Securities on Friday jumped nearly 14 percent, a day after the company reported a 28 percent rise in profit after tax for the March quarter. ICICI Securities …

ITC’s net profit rises 12.6% to ₹3,174 cr in June quarter
5 years, 5 months ago

ITC’s net profit rises 12.6% to ₹3,174 cr in June quarter

Live Mint  

New Delhi: ITC Ltd, India’s largest cigarette maker, on Friday reported 12.6% increase in its June quarter stand-alone profit, in line with Street estimates. Segmental revenue at the company’s FMCG-others business, which includes packaged food and personal care products, grew 6.6% to ₹3,060 crore; the segment’s EBIT grew 55% to ₹78.02 crore. “Cigarette revenue and volumes growth was moderate, while …

ITC’s FMCG business to include newer categories, acquisitions, says Puri
5 years, 6 months ago

ITC’s FMCG business to include newer categories, acquisitions, says Puri

Live Mint  

New Delhi: Cigarettes to packaged consumer goods conglomerate ITC Ltd on Friday reiterated its plans to expand its fast-moving consumer goods business by adding newer segments under its portfolio and even looking at strategic acquisitions, the company said during its 108th annual general meeting in Kolkata. To be sure ITC already sells packaged foods, personal care, and stationery under its …

Sensex falls sharply as ITC drags
5 years, 11 months ago

Sensex falls sharply as ITC drags

Live Mint  

Indian shares closed lower on Wednesday, dragged by a sharp fall in ITC Ltd after the cigarette-maker reported quarterly results, while IT and financial stocks also contributed to the losses. ITC Q3 profit rises 3.9%, beats estimates ITC Ltd, India's biggest cigarette maker, posted on Wednesday a 3.85% rise in December-quarter profit, boosted by higher cigarette sales. Radico Khaitan Q3 …

Tata Consultancy Services posts record quarterly profit of Rs 8105 crore
6 years ago

Tata Consultancy Services posts record quarterly profit of Rs 8105 crore

Hindustan Times  

Tata Consultancy Services Ltd, India’s biggest listed company by market capitalisation, reported a record quarterly net profit, helped by gains in Banking, Financial services and Insurance segment. Tata Consultancy Services, India’s biggest software services exporter, posted a 24.1 percent rise in third quarter net profit on Thursday, helped by strong gains from its Banking, Financial Services And Insurance segment. In …

Agri business, hotels boost ITC profit
6 years, 2 months ago

Agri business, hotels boost ITC profit

The Hindu  

ITC Ltd. closed the second quarter with a 11.9% rise in its net profit to ₹2,954.7 crore on a revenue of ₹11,272.5 crore. FMCG boost ITC said that its FMCG-others segment revenues rose 12.7% with most categories improving their market-standing. Paperboards, paper and packaging segment also saw an increase in profit driven by product mix enrichment, higher realisation, strategic investments …

TCS' Q1FY19 results beat estimates; India's largest IT firm logs 23% growth in net profit at Rs 7,340 crore
6 years, 6 months ago

TCS' Q1FY19 results beat estimates; India's largest IT firm logs 23% growth in net profit at Rs 7,340 crore

Firstpost  

TCS, India’s largest software services exporter, also reported a 6.3 percent sequential rise in net profit for the first-quarter Mumbai: The country’s largest software exporter TCS on Tuesday posted a 23.4 percent rise in consolidated net profit to Rs 7,340 crore for the first quarter ended 30 June, 2018. The company had reported a net profit of Rs 5,945 crore …

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