TCS Q4 Results: TCS shares plunge after weak Q4 results
1 year, 8 months ago

TCS Q4 Results: TCS shares plunge after weak Q4 results

Live Mint  

Tata Consultancy Services missed street's estimates for the fourth quarter of FY23. TCS blames US banking crises for weak Q4 Tata Consultancy Services said on Wednesday fourth-quarter results were weaker than it had expected as some of the IT company's clients in the North American banking space deferred project spending amid the U.S. financial crisis. Comparison of TCS final dividend While announcing its earnings for the fourth quarter ended 31 March, 2023, Indian software giant Tata Consultancy Services has declared a final dividend of ₹24 per equity share for the financial year 2022-23. TCS attrition rate Q4 The company's IT services attrition on an LTM basis continued to trend down and was at 20.1% in the fourth quarter of FY23. 8 key factors in TCS earnings to focus on As per Kotak Institutional Equities, key factors that investors can focus on TCS' Q4 results are: - CY2023E budget closure and pace of decision-making and ramp up of budgeted spends; - pipeline of cost take-out and vendor consolidation decisions of clients and win-rates; - changes to strategy, key bets and priorities of the organization under new CEO and continuity of current organizational structure that underwent a reorg under Rajesh; - health of impacted verticals/geos especially hi-tech, retail and Europe; - outlook of spending in BFS given recent events and exposure to impacted companies; - how the current slowdown and potentially even recession differ from the past; - whether attrition rate can reduce to pre-Covid levels and maintain pre-Covid level gap with peers and - levers to increase margin back to 26-28% range.

India Healthcare Europe Retail Data Services Life Sciences Manufacturing Revenue Nifty Quarter Yoy North America North American Pat Grew Infosys Weak Cpg Net Profit Revenue Growth Ebit Margin Bfs Equity Share Key Factors Milind Lakkad Tcs Earnings Fy23 Tata Consultancy Services Q4 Results Final Dividend Qoq Growth Q4 Earnings Tcs Q4 Tcs Shares Bfsi Tcs Results Q4Fy23 Gopinathan Rajesh Gopinathan Our Estimate Flat Qoq Three Interim Dividends Qfy Target Exit Other Verticals Technology Services Reliance Securities 47Bps Yoy December 2022 Quarter Its Pat Icici Direct Tcs Final Dividend Subdued Performance  plunge  tcs  results  revenue  services  q4  weak  yoy  grew  fy23  qoq  growth  quarter  shares

History of this topic

TCS Share Price Today on 28-11-2024: TCS share price are down by -1.29%, Nifty down by -0.68%
3 weeks, 5 days ago

TCS Share Price Today on 28-11-2024: TCS share price are down by -1.29%, Nifty down by -0.68%

Live Mint  

TCS Share Price Today on 28-11-2024: At 28 Nov 11:15 today, TCS shares are trading at price ₹4276.4, -1.29% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

TCS Share Price Today on 25-11-2024: TCS share price are up by 1.18%, Nifty up by 1.72%
Trending News
4 weeks, 1 day ago

TCS Share Price Today on 25-11-2024: TCS share price are up by 1.18%, Nifty up by 1.72%

Live Mint  

TCS Share Price Today on 25-11-2024: At 25 Nov 11:00 today, TCS shares are trading at price ₹4295.95, 1.18% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

TCS Share Price Today on 22-11-2024: TCS share price are up by 1.44%, Nifty up by 0.87%
1 month ago

TCS Share Price Today on 22-11-2024: TCS share price are up by 1.44%, Nifty up by 0.87%

Live Mint  

TCS Share Price Today on 22-11-2024: At 22 Nov 11:58 today, TCS shares are trading at price ₹4136, 1.44% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at 50,100 days …

These companies post over 45% YoY rise in Q2 profits even as downgrades increase
1 month ago

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

Live Mint  

In its latest earnings review, Motilal Oswal Financial Services observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year decline. Hindalco: Aditya Birla Group’s Hindalco Industries Ltd reported an impressive 123.3 per cent YoY increase in net profit, reaching ₹1,891 crore for Q2 FY25, driven by robust operational performance in its …

TCS Share Price Today on 11-11-2024: TCS share price are up by 1.21%, Nifty down by -0.03%
1 month, 1 week ago

TCS Share Price Today on 11-11-2024: TCS share price are up by 1.21%, Nifty down by -0.03%

Live Mint  

TCS Share Price Today on 11-11-2024: At 11 Nov 16:00 today, TCS shares are trading at price ₹4195.05, 1.21% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at 50,100 days …

TCS Share Price Today on 05-11-2024: TCS share price are up by 0.29%, Nifty up by 0.91%
1 month, 2 weeks ago

TCS Share Price Today on 05-11-2024: TCS share price are up by 0.29%, Nifty up by 0.91%

Live Mint  

TCS Share Price Today on 05-11-2024: At 05 Nov 16:01 today, TCS shares are trading at price ₹3973.85, 0.29% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

TCS Share Price Today: Technical and Fundamental Analysis Indicates Potential Trend Reversal
Trending News
1 month, 3 weeks ago

TCS Share Price Today: Technical and Fundamental Analysis Indicates Potential Trend Reversal

Live Mint  

TCS shares rise on positive news, with the stock price up by 0.87% and the Nifty up by 0.65%. The stock has hit a high of ₹4133 and a low of ₹4051.05 during the day, and is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The company has a ROE of 50.75% and a P/E …

TCS Share Price Today: Technical and Fundamental Analysis Indicates Upward Trend
Trending News
2 months ago

TCS Share Price Today: Technical and Fundamental Analysis Indicates Upward Trend

Live Mint  

TCS shares rise on positive news, trading at a high of ₹4092.95 and a low of ₹3986.55. The stock has gained 1.92% today, outperforming the Sensex which gained 0.39%. The company's technical analysis shows support at 300 days SMA and resistance at 5,10,20,50,100 days SMA. The company's fundamental analysis shows a ROE of 50.75%, a P/E of 31.18, and a …

Tata Group Stocks Soar as Ratan Tata's Legacy Transforms the Indian Business Landscape
2 months, 2 weeks ago

Tata Group Stocks Soar as Ratan Tata's Legacy Transforms the Indian Business Landscape

ABP News  

Tata Group stocks surge on Thursday, with several companies reaching new highs. Tata Investment shares soar by 15.03%, reaching a high of Rs 7,534.90 on the BSE. Tata Chemicals rises 8.53%, reaching Rs 1,200 per share, while Tata Elxsi climbs 2.52%, reaching Rs 7,802.95. Tata Power increases by 1.9%, reaching Rs 469.65, and Indian Hotels gains 2.03%, reaching Rs 707.65.

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook
5 months ago

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook

The Hindu  

IT major Infosys Ltd on Thursday reported a 7% rise in first quarter net profit and raised its growth outlook for the current financial year. The consolidated net profit of Infosys increased to ₹6,368 crore in the April-June quarter, compared to ₹5,945 crore in the same period a year back, according to a stock exchange filing by the company. Quarter-on-quarter …

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend
5 months ago

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend

Hindustan Times  

Infosys raised its revenue growth forecast for the financial year 2024-25 on July 18, raising the growth percentage to 4% from 3% earlier. The IT giant's consolidated revenue grew 7% to ₹39,315 crore for the first quarter of the financial year 2024-25 from ₹37,933 during the previous year. The company had previously revised its yearly revenue growth guidance five times …

Infosys Q1 Results: Net Profit Rises 7% To Rs 6,368 Cr; Revenue Growth Outlook Raised To 3-4%
5 months ago

Infosys Q1 Results: Net Profit Rises 7% To Rs 6,368 Cr; Revenue Growth Outlook Raised To 3-4%

News 18  

Infosys Q1 Results 2024: In Q1 FY25, Infosys reported a 7.1% year-on-year increase in net profit to Rs 6,368 crore, surpassing expectations. Infosys Results Today Salil Parekh, CEO and MD, Infosys, said, “We had an excellent start to FY25 with strong and broad-based growth, operating margin expansion, robust large deals, and highest ever cash generation. According to analysts, Infosys was …

Q1 results today: Asian Paints, LTIMindtree, Hathway Cable & Datacom among 22 companies to announce earnings on July 17
5 months, 1 week ago

Q1 results today: Asian Paints, LTIMindtree, Hathway Cable & Datacom among 22 companies to announce earnings on July 17

Live Mint  

Many prominent companies including Bajaj Auto, L&T Finance, and SpiceJet have announced their quarterly results for Q1 FY25 this week. Q1 results today Adarsh Plant Protect, Artson Engineering, Asian Paints, Elecon Engineering Co, Franklin Industries, Hathway Cable & Datacom, Integra Engineering India, Lotus Chocolate Co, LTIMindtree, National Standard, Parshva Enterprises, Ratnaveer Precision Engineering, Regency Fincorp, JHS Svendgaard Retail Ventures, RO …

NSE-listed media stock hits 7-year high after net profit rises 49% in Q1FY25, ₹7 dividend declared; Buy or sell?
5 months, 1 week ago

NSE-listed media stock hits 7-year high after net profit rises 49% in Q1FY25, ₹7 dividend declared; Buy or sell?

Live Mint  

DB Corp Share Price Today: Shares of Dainik Bhaskar Corp Ltd hit a fresh record at a historic seven-year high on Tuesday after the print media company announced its April-June quarter results for fiscal 2024-25. DB Corp Q3 Results DB Corp reported a rise of 49 per cent in net profit at ₹118 crore, compared to ₹79 crore in the …

TCS share price jumps after Q1 results, brokerages say 'worst is over' for the stock
5 months, 1 week ago

TCS share price jumps after Q1 results, brokerages say 'worst is over' for the stock

Hindustan Times  

Tata Consultancy Services' shares gained today after India's top IT services firm reported first-quarter results which signalled early signs of revival for the sector. TCS' growth across all verticals, excluding telecom, coupled with net hiring at a seven-quarter high, are signs of a revival, Jefferies said after TCS Chief Executive K Krithivasan said that he expects FY25 to be better …

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore
5 months, 1 week ago

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore

The Hindu  

Tata Consultancy Services Ltd reported consolidated first quarter net profit grew 8.7% year on year to ₹12,040 crore despite degrowth in several business YoY. Commenting on the results K Krithivasan, Chief Executive Officer and Managing Director, TCS said: “I am pleased to report a strong start to the new fiscal year with all-round growth across industries and markets.” “We are …

TCS Q1 Results Beat Estimates: Net Profit Up 9% to Rs 12,040 Crore, Rs 10 Dividend Declared
5 months, 1 week 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 …

Small-cap stock below ₹10: Penny stock Sarveshwar Foods hits 5% upper circuit
5 months, 2 weeks ago

Small-cap stock below ₹10: Penny stock Sarveshwar Foods hits 5% upper circuit

Live Mint  

Small-cap stock below ₹10: After hitting the lower circuit on Monday, Sarveshwar Foods shares witnessed strong buying on Tuesday. Sarveshwar Foods Q4 results 2024 In Q4FY24, the company's revenue from operations stood at ₹247.32 crore in Q4 FY24, as against ₹129.81 crore in Q4 FY23, year-on-year growth of 91%. The company's EBITDA for the quarter ended March 2024 stood at …

Dividend stocks: Tata Chemicals shares to trade ex-dividend on June 12
6 months, 1 week ago

Dividend stocks: Tata Chemicals shares to trade ex-dividend on June 12

Live Mint  

Dividend stocks: Tata Chemicals Ltd shares will be in focus when the stock market opens on June 12. The Board of Directors of Tata Chemicals had declared a final dividend of ₹15.00 per equity share for the financial year 2024 for the eligible shareholders. In a stock exchange filing, Tata Chemicals said: “The Board of Directors had, at its meeting …

Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%
7 months ago

Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%

Business Standard  

Digital payments firm Paytm on Wednesday reported a wider consolidated loss of Rs 549.6 crore in the fourth quarter of 2023-24, compared to Rs 168.4 crore in the same quarter last year. Net income declined by 2.6 per cent year-on-year to Rs 2,398.8 crore in Q4FY24 compared to Rs 2,464.6 crore in Q4FY23. Overall revenue for the entire FY24 rose …

Dividend stock 2024: Tata Consultancy Services stock in focus as TCS shares to trade ex-dividend today
7 months, 1 week ago

Dividend stock 2024: Tata Consultancy Services stock in focus as TCS shares to trade ex-dividend today

Live Mint  

Dividend stocks 2024: Shares of Tata Consultancy Services Ltd will be in focus when the stock market opens on May 16. TCS dividend details In a stock exchange filing, Tata Consultancy Services said: “The Board of Directors at its meeting held on Friday, April 12, 2024 had recommended a final dividend of ₹28 per equity share of ₹1 each of …

Thermax share price rises 14% to hit record high, stock up 144% in 1 year
7 months, 1 week ago

Thermax share price rises 14% to hit record high, stock up 144% in 1 year

Hindustan Times  

Thermax share price: The shares of Thermax rose 14 per cent to hit its fresh record high of ₹5,347 in early trade on BSE following the company's March quarter results. Thermax share price: Over the past one year, the stock has seen an upward trend. Thermax share price has surged 144 per cent in about a year. Thermax Q4 results …

Stocks to watch: Tata Motors, ICICI Bank, Vedanta, Piramal Enterprises, Zomato
7 months, 1 week ago

Stocks to watch: Tata Motors, ICICI Bank, Vedanta, Piramal Enterprises, Zomato

Live Mint  

Tata Motors: The company reported a 222% surge in net profit to ₹17,407.2 crore in Q4FY24, driven by strong performance across all auto businesses. Kalyan Jewellers: The company reported a consolidated net profit at ₹1,374.93 crore for the March quarter, growing almost two times from ₹697.99 crore in the same quarter of the previous financial year. ABB India: The company …

Tata Motors Q4 Results: Net Profit Jumps Over 3-fold at Rs 17,528.59 Crore
7 months, 2 weeks ago

Tata Motors Q4 Results: Net Profit Jumps Over 3-fold at Rs 17,528.59 Crore

News 18  

Tata Motors on Friday reported an over three-fold jump in its consolidated net profit to Rs 17,528.59 crore for the March 2024 quarter. Tata Motors’ net profit had stood at Rs 5,496.04 crore in the corresponding quarter last year, Tata Motors said in a regulatory filing. Revenue for the quarter was 7.9 billion pounds, up 11 per cent versus Q4 …

Tata Tech share price plunge 5% on muted Q4 results: Details
7 months, 2 weeks ago

Tata Tech share price plunge 5% on muted Q4 results: Details

Hindustan Times  

Tata Tech share price: Shares of Tata Technologies fell 5 percent today after the company posted weak results for the January-March quarter. Tata Tech share price: Brokerage JM Financial said Tata Tech's management indicated that some residual draw-down in the Vinfast account will continue in Q1FY25 as well. Tata Tech Q4 results Tata Tech's net profit for the March quarter …

Raymond Q4 Results: Net Profit Jumps 18% To Rs 229 Crore, 100% Dividend Announced
7 months, 3 weeks ago

Raymond Q4 Results: Net Profit Jumps 18% To Rs 229 Crore, 100% Dividend Announced

News 18  

Raymond on Friday reported an 18 per cent jump in its consolidated net profit to Rs 229 crore for the fourth quarter ended March 2024. Raymond’s board has also announced a dividend of 100 per cent, or Rs 10 per equity share, for the financial year 2023-24. Rs 10 per equity share of the face value of Rs 10 each …

Trent share price today jumps over 6% to hit fresh record high after Q4 results
7 months, 3 weeks ago

Trent share price today jumps over 6% to hit fresh record high after Q4 results

Hindustan Times  

Trent share price today: Shares of Trent rose over 6 per cent to hit its fresh all-time high of ₹4,628.85 on BSE today. Trent share price today: Trent shares rose a day after the company reported its March quarter results. The shares rose as much as 6.4 per cent to hit its fresh record high of ₹4,628.85 on BSE while …

Q4 results today: UCO Bank, Tata Chemicals, UltraTech among 35 companies to report earnings. Full list here
7 months, 3 weeks ago

Q4 results today: UCO Bank, Tata Chemicals, UltraTech among 35 companies to report earnings. Full list here

Hindustan Times  

The results season is still very much on and a huge number of companies are all set to post their Q4 results today. Among them are Birlasoft, KFinTechnologies, Can Fin Homes, UCO Bank, Tata Chemicals, KPIT Technologies, UltraTech Cement, Trent, Poonawalla Fincorp, Gillette India, PNB Housing Finance, Vesuvius India, Shoppers Stop and others. Financial results for the fourth quarter of …

Stocks To Watch Today: UltraTech Cement, Gillette, IndusInd, Pidilite, Godrej, Tata Chem, Others
7 months, 3 weeks ago

Stocks To Watch Today: UltraTech Cement, Gillette, IndusInd, Pidilite, Godrej, Tata Chem, Others

News 18  

Stocks To Watch On April 29: As the global stock markets are expected to remain positive amid easing global tensions, the Indian markets are also expected to follow suit on April 29. Q4 Financial Results Today: UltraTech Cement, Gillette India, PNB Housing, Poonawalla Fincorp, Tata Chemicals, UCO Bank and Fedbank Financial Services Ltd are some major companies that will announce …

RIL Q4 results today: Here are key things to track and look out for
8 months ago

RIL Q4 results today: Here are key things to track and look out for

Hindustan Times  

Reliance Q4 results today: Mukesh Ambani-led Reliance Industries Ltd. is set to release its March quarter results today. Date and time of RIL Q4 results: Reliance Industries- India’s largest company in terms of market capitalisation- will declare the results of the fourth quarter of financial year 2023-24 today. RIL Q4 results expectations: Prabhudas Lilladher expects the conglomerate to report 10.7 …

Reliance Industries to unveil Q4 results and dividend declaration today. Check time, preview
8 months ago

Reliance Industries to unveil Q4 results and dividend declaration today. Check time, preview

India TV News  

Mukesh Ambani-led Reliance Industries Ltd. is all set to announce its financial results for the fourth quarter ending March today. Reliance Industries, India’s largest company by market capitalisation, will unveil its Q4 FY24 results on April 22. Expectations from Q4 results Analysts project a 10.7% year-on-year drop in profit to Rs 17,230 crore for Reliance Industries, with sales expected to …

Rajnish Wellness Q4 FY24 results : profit at ₹0.28Cr, Revenue increased by 314.67% YoY
8 months ago

Rajnish Wellness Q4 FY24 results : profit at ₹0.28Cr, Revenue increased by 314.67% YoY

Live Mint  

Rajnish Wellness declared their Q4 FY24 results on 19 Apr, 2024, showing a remarkable performance. Despite recent negative returns in the market, Rajnish Wellness seems to have strengthened its financial position with a market cap of ₹551 Cr. With a 52-week high/low of ₹17.8 and ₹5.76 respectively, Rajnish Wellness will be looking to leverage its Q4 performance to drive future …

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment
8 months ago

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment

Hindustan Times  

Bengaluru, IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about ₹2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain". Wipro Q4 net profit falls 7.8% to ₹ 2,835 cr; new CEO flags uncertainty in macro environment The Bengaluru-headquartered company, which recently saw a change of …

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights
8 months ago

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights

Live Mint  

Wipro Q4 Results: Wipro announced its January-March quarter results for fiscal 2023-24 on Friday, April 19, reporting a decline of eight per cent in consolidated net profit at ₹2,835 crore. India's fourth-largest software services company's revenue from operations for the March quarter also dropped four per cent year-on-year to ₹22,208.3 crore. Follow Wipro Q4 Results Live Updates: IT major posts …

Wipro dividend: IT major announces interim dividend, know details
8 months ago

Wipro dividend: IT major announces interim dividend, know details

Live Mint  

Wipro dividend announcement: The interim dividend of ₹1 declared by the Wipro board on 12 January, 2024 has shall be considered as the final dividend for FY24, said the IT major while announcing its FY24 results on Friday. “The Board of Directors confirmed the interim dividend of ₹1 declared by the Board earlier at its meeting held on January 12th, …

Wipro Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%
8 months ago

Wipro Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%

News 18  

IT major Wipro on April 19 reported an 8 per cent year-on-year decline in its net profit to Rs 2,835 crore for the March 2024 quarter. In dollar terms, Wipro’s IT services revenue during Q4 FY24 stood at $2,657.4 million, an increase of 0.1 per cent QoQ and a decrease of 6.4 per cent YoY, according to a regulatory filing. …

Wipro Q4 Results Today: Net Profit, Revenue May Decline Amid Weak Discretionary Spending
8 months ago

Wipro Q4 Results Today: Net Profit, Revenue May Decline Amid Weak Discretionary Spending

News 18  

After TCS and Infosys, another IT major Wipro is set to announce its Q4 financial earnings on April 19. According to analysts, Wipro’s net profit in the January-March 2024 quarter is likely to have declined by 8-10 per cent to Rs 2,778 crore-Rs 2,829 crore. Analysts at brokerage houses expect Wipro’s revenue to decline 4-5 per cent YoY to remain …

Tata Communications share price up under 1% after Q4 result, but logs 56% gains in one year
8 months ago

Tata Communications share price up under 1% after Q4 result, but logs 56% gains in one year

Hindustan Times  

Just a day after the announcement of its Q4 results, Tata Communications share price has stayed in the green at just under 1%. At the same time Tata Com also reported consolidated Q4 revenue rising 24.6% year-on-year to ₹5,692 crore; Ebitda increased by 2% to ₹1,056 crore. Tata Communications board has also recommended a dividend of ₹16.7 per share and …

Infosys to share Q4 earnings today: Check results timing, details and preview here
8 months ago

Infosys to share Q4 earnings today: Check results timing, details and preview here

Hindustan Times  

Infosys Q4 results: Infosys Ltd will declare its results for the March quarter on April 18 and is expected to declare a muted growth 3-4 per cent year-on-year growth in sales while Ebit margin is seen contracting marginally on a sequential basis amid wage hikes during the quarter. Infosys Q4 results: Infosys results come after IT major Tata Consultancy Services …

Q4 results today: Infosys, Bajaj Auto, HDFC Life, ICICI Securities among companies to post earnings
8 months ago

Q4 results today: Infosys, Bajaj Auto, HDFC Life, ICICI Securities among companies to post earnings

Hindustan Times  

Q4 results today: The financial results for the fourth quarter of FY24 are scheduled to be released on April 18 by a total of 19 companies. These companies include: Infosys Ltd, Bajaj Auto Ltd, HDFC Life Insurance Company Ltd, ICICI Securities Ltd, TV18 Broadcast Ltd, Mastek Ltd, Network18 Media & Investments Ltd, Accelya Solutions India Ltd, Advik Capital Ltd, Eimco …

Infosys Q4 results announcement soon; revenues to margins, here is what to expect
8 months, 1 week ago

Infosys Q4 results announcement soon; revenues to margins, here is what to expect

Hindustan Times  

After the largest IT services company in India, Tata Consultancy Services last week, now it is the turn of the next tech biggie, Infosys, to reveal its 4th quarterly numbers and that will happen this week on April 18. Expectations are that revenue may drop sequentially, EBIT margins are likely to stay flat. Infosys net profit is likely to be …

Q4 results: TCS reports profit, but what of Infosys and Wipro?
8 months, 1 week ago

Q4 results: TCS reports profit, but what of Infosys and Wipro?

Hindustan Times  

Indian IT firms are all getting ready to reveal their Q4 results and things are looking a little brighter after the biggest tech firm in India, the Tata Consultancy Services reported a profit that actually beat street estimates last week. Bloomberg says, “The annual revenue at Infosys likely grew at the slowest pace since the 2018 fiscal year, consensus shows. …

TCS headcount dropped by over 13,000 in the previous fiscal: Report
8 months, 1 week ago

TCS headcount dropped by over 13,000 in the previous fiscal: Report

Hindustan Times  

Information technology giant Tata Consultancy Services has reported a slump in its headcount for the third consecutive quarter, a first in 19 years. In fiscal 2022, TCS had added 103,546 employees, while the number stood at 40,185 employees in FY21 As per the report, TCS headcount dropped by over 13,249 for the financial year, and on a sequential basis, the …

TCS Q4 net profit beats estimates, rises 9%
8 months, 1 week ago

TCS Q4 net profit beats estimates, rises 9%

New Indian Express  

BENGALURU: The country’s largest IT services company Tata Consultancy Services on Friday reported a 9% increase in its consolidated net profit for the fourth quarter ended March 31, 2024, at Rs 12,434 crore on the back of record deal wins. TCS’ FY24 deal wins stood at an all-time high at $42.7 billion and in Q4, its total contract value stood …

Win themes: Artificial intelligence and cloud contracts power TCS profits
8 months, 1 week ago

Win themes: Artificial intelligence and cloud contracts power TCS profits

Hindustan Times  

TCS 4th quarterly results have been announced and it has beaten analysts’ expectations. The TCS statement today revealed the entire laundry list, saying “Win themes across key deals involved Cloud Migration and Modernization, GenAI, Enterprise application services, Identity & Access Management, Connected Devices, Digital Workplace Services, Network Services and Vendor Consolidation.” The statement also added, “AI.Cloud, Enterprise Solutions, IOT&DE and …

Q4 results today: TCS, Anand Rathi and 2 other companies to post earnings
8 months, 1 week ago

Q4 results today: TCS, Anand Rathi and 2 other companies to post earnings

Hindustan Times  

Q4 results today: Four companies are scheduled to release their financial results for the fourth quarter of FY24 today. Shares of the four companies will also react to the Q4 results although TCS Q4 results are scheduled to be released after market hours. Q4 results today: Shares of the four companies will also react to the Q4 results although TCS …

TCS Q4 results preview: Date, growth, dividend, deal wins and more, check it all out here
8 months, 1 week ago

TCS Q4 results preview: Date, growth, dividend, deal wins and more, check it all out here

Hindustan Times  

The Indian software industry has had a dream run over the decades interspersed with a hiccup here and there, and leading the pack has mostly always been Tata Consultancy Services. With nimble rivals like Infosys, Wipro, Tech Mahindra and HCL Technologies posing fierce rivalry, TCS has had its job cut out to stay ahead, quarter by quarter and year by …

Tata Steel share price hits 52-week high after Q4 update: Will it rise more?
8 months, 2 weeks ago

Tata Steel share price hits 52-week high after Q4 update: Will it rise more?

Hindustan Times  

Tata Steel share price: Shares of Tata Steel rose over 2 per cent to hit a fresh 52-week high ₹166.85, surpassing the earlier peak of ₹166.3 touched on April 3. Tata Steel share price: Automotive and special products segment deliveries increased by 8 per cent in FY24, the company said. The company produced 18.85 million tonnes of steel during the …

Stock market today| South Indian Bank share price falls 7% after Q4 business update: Details here
8 months, 3 weeks ago

Stock market today| South Indian Bank share price falls 7% after Q4 business update: Details here

Hindustan Times  

South Indian Bank share price: Shares of South Indian Bank Ltd fell today after the Thrissur-based lender announced its business update for the March quarter. South Indian Bank share price: The stock fell 7.09 per cent to hit a day low of ₹ 27.25. In March, the Reserve Bank of India asked South Indian Bank and Federal Bank to stop …

FY24 share market review: Sensex jumps 25% past year. Can it go beyond 84,000 in fiscal 2024-25?
8 months, 3 weeks ago

FY24 share market review: Sensex jumps 25% past year. Can it go beyond 84,000 in fiscal 2024-25?

Live Mint  

FY24 share market review: The 30-share BSE Sensex ended the last day of financial year 2024 on a higher note with gains of about 655.04 points, or 1%, at the 73,651.35 level. During the fiscal year 2024, the S&P BSE Sensex index has touched multiple record highs, and the market capitalisation of BSE-listed companies surpassed ₹333 lakh crore, or $4 …

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