Dr Reddy’s Q4 net profits grow multifold driven by good India and US performance
1 year, 7 months ago

Dr Reddy’s Q4 net profits grow multifold driven by good India and US performance

Live Mint  

Dr Reddy’s Laboratories Ltd reported net profits for the March quarter at ₹959.2 Crore grew more nine folds from ₹99.6 Crore in the year-old quarter on a favorable base. The company’s performance in other markets as India, Europe also supported overall show, even though Emerging markets sales did see some decline. Europe sales at Rs 496 Crore though also grew 12% year-on-year helped by new product launches, traction in base business volumes, Emerging market sales however declined 7% year-on-year to ₹1114.2 Crore led by declining Russia revenues while Romania and CIS business revenues remained flat. The Revlimid generics that helped drive year-on-year growth for US sales during the quarter, however, were expected to see some decline sequentially as per analysts, due to competition entering, post the end of 180-day exclusivity.

Europe Company Crore Quarter Grow Launches New Launches Net Profits Sequential New Product Launches India Sales  products  revenues  crore  net  yearonyear  sequential  company  performance  profits  reddys  q4  launches  grew  good  quarter  driven  multifold  grow  india  sales

History of this topic

India Inc's Q2 has been tepid. Is a recovery in sight?
1 month ago

India Inc's Q2 has been tepid. Is a recovery in sight?

Live Mint  

India Inc. faced another challenging quarter in July-September as corporate earnings continued the recent trend of lukewarm performance. This was particularly evident in revenue growth, which hit a four-quarter low, dragging down net profit expansion for the fifth consecutive quarter, a Mint analysis showed. Costs surge An analysis of expense patterns shows that while aggregate spending held steady at 82% …

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 …

Glenmark Pharmaceuticals Q2 results 2024 on 16 Nov, 2024: profit at ₹354.21Cr, Revenue increased by 7.06% YoY
1 month, 1 week ago

Glenmark Pharmaceuticals Q2 results 2024 on 16 Nov, 2024: profit at ₹354.21Cr, Revenue increased by 7.06% YoY

Live Mint  

Glenmark Pharmaceuticals Q2 Results 2024:Glenmark Pharmaceuticals declared its Q2 results on 14 Nov, 2024, reporting a significant turnaround with a profit of ₹354.21 crore. As of 16 Nov, 2024, Glenmark Pharmaceuticals has a market cap of ₹43,279.2 crore, with a 52-week high of ₹1,830.95 and a low of ₹746.55. The consensus recommendation among analysts as of 16 Nov, 2024, is …

Glenmark Pharma Q2 Results: Pharma major posts net profit of ₹354.48 crore, revenue up 7.5% YoY
1 month, 1 week ago

Glenmark Pharma Q2 Results: Pharma major posts net profit of ₹354.48 crore, revenue up 7.5% YoY

Live Mint  

Glenmark Pharma Q2 Results: Glenmark Pharmaceuticals Limited announced its July to September quarter results on Thursday, November 14. The company posted a ₹354.48 crore net profit in the second quarter of the financial year 2024-25. Glenmark Pharma posted a net loss of ₹180.29 crore in the same quarter the previous year, according to the company's BSE filing on Thursday. Glenmark …

AstraZeneca Q2 net profit declines 27%, revenue up 31%
1 month, 1 week ago

AstraZeneca Q2 net profit declines 27%, revenue up 31%

Live Mint  

Mumbai: AstraZeneca Pharma India Ltd posted a profit after tax of ₹38 crore, down 27% year-on-year, in the September quarter of FY25. The company’s revenue growth was driven by its portfolio of products in the oncology, biopharmaceuticals and rare disease segments, Bhavana Agrawal, chief financial officer of the company, said in a release on Wednesday. Palivizumab, also known by the …

Home remedy: Indian pharma bets on domestic brands to combat US generics slowdown
1 month, 2 weeks ago

Home remedy: Indian pharma bets on domestic brands to combat US generics slowdown

Live Mint  

Indian pharma companies have long been key providers of generic medicines to the US market, accounting for 47% of all generic prescriptions in 2022, according to a recent report by the IQVIA Institute. Branded for growth Mankind Pharma Ltd, which earns 91% of its revenue from its domestic business and has a prescriber penetration rate of almost 84% as of …

Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%
1 month, 2 weeks ago

Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%

Live Mint  

Trent Q2 Results: Trent Ltd, a Tata Group company, posted a 46.9 per cent year-on-year growth in consolidated net profit for the September quarter to ₹355.06 crore on Thursday, November 7. On a standalone basis, Trent's revenue jumped 39 per cent YoY to ₹4,035.56 crore while the net profit rose 46.18 per cent YoY to ₹423.44 crore. In an otherwise …

Dr Reddys Laboratories Q2 Results Live: Profit Falls by 15.28% YoY
1 month, 2 weeks ago

Dr Reddys Laboratories Q2 Results Live: Profit Falls by 15.28% YoY

Live Mint  

Dr Reddys Laboratories Q2 Results Live : Dr Reddys Laboratories announced its Q2 results on November 5, 2024, revealing a mixed performance. In terms of market performance, Dr Reddys Laboratories has delivered a -0.2% return over the last week, a 1.65% return over the past six months, and a 9.71% return year-to-date. As of November 6, 2024, analysts remain cautious …

Dr Reddy’s Laboratories Q2 Results: Net profit drops 9.5% to ₹1,342 crore on acquisition cost, revenue up 16.5% YoY
1 month, 2 weeks ago

Dr Reddy’s Laboratories Q2 Results: Net profit drops 9.5% to ₹1,342 crore on acquisition cost, revenue up 16.5% YoY

Live Mint  

Dr Reddy's Laboratories Q2 Results: Dr Reddy's Laboratories announced its July-September quarter results for fiscal 2024-25 on Tuesday, November 5, reporting a drop of 9.5 per cent in consolidated net profit to ₹1,342 crore, compared to ₹1,482 crore in the corresponding period last year. Dr Reddy's Laboratories Q2 Results: Key Metrics The drugmaker's total revenue from operations in the second …

Stocks to watch: Airtel, ONGC, Adani Energy, Tata Chem, Marico, Aster DM Health
4 months, 2 weeks ago

Stocks to watch: Airtel, ONGC, Adani Energy, Tata Chem, Marico, Aster DM Health

Live Mint  

Bharti Airtel: The company posted a net profit of ₹4,160 crore for the quarter ended June, doubling sequentially and jumping 158% from a year ago due to exceptional gains from a favourable tax judgement and divestment of its Sri Lankan operations. BLS International Services: The company reported a 70.1% YoY jump in net profit to ₹120.8 crore for Q1FY25, with …

Tata Motors Q1 Results 2024: Net Profit Jumps 73.7% to Rs 5,566 Crore, Revenue Up 5.7%
4 months, 3 weeks ago

Tata Motors Q1 Results 2024: Net Profit Jumps 73.7% to Rs 5,566 Crore, Revenue Up 5.7%

News 18  

Tata Motors Q1 Results 2024: Tata Motors on Thursday declared its Q1 financial results. The auto major posted a 73.77 per cent jump in its net profit to Rs 5,566 crore for the June 2024 quarter. Jaguar Land Rover’s revenues grew by 5.4 per cent to £7.3 billion, with EBIT margins of 8.9 per cent driven by favourable volume, mix …

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys
4 months, 3 weeks ago

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys

Live Mint  

Ambuja Cements: The company reported a consolidated profit of ₹646.31 crore for Q1FY25, a 28.6% YoY decline due to rising expenses and lower revenues. Tata Steel: The company reported a 51% jump in consolidated net profit to ₹960 crore for Q1FY25, up from ₹634 crore YoY, but missed analysts’ expectations of ₹1,025 crore. Redington: The company reported a 15% YoY …

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%
4 months, 3 weeks ago

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%

Hindustan Times  

Dr. Reddy's Laboratories Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, July 27. Dr. Reddy's Laboratories' net profit was down 0.74% despite revenue growing 13.86% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} {{^usCountry}} {{/usCountry}} How much was Dr. Reddy's Laboratories' revenue and net profit? The pharmaceuticals giant's consolidated revenue grew to ₹7,672.7 crore, which is a rise …

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 …

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 …

ACC Q4 results: Net profit rises to ₹748.54 crore, revenue jumps 12.6% YoY
7 months, 4 weeks ago

ACC Q4 results: Net profit rises to ₹748.54 crore, revenue jumps 12.6% YoY

Hindustan Times  

Adani group-owned cement manufacturing company ACC Ltd has declared its fourth quarterly results. ACC Q4 results were declared today and it revealed a massive 216% increase net profit to ₹748.54 crore from ₹236.57 crore in the same period last year. At the same time, ACC’s consolidated sales volume increased to 10.4 million tonnes from 8.5 million tonnes in the year-ago …

Top News on April 22: Arvind Kejriwal insulin row, Reliance Q4 results, Lok Sabha campaign and more
8 months ago

Top News on April 22: Arvind Kejriwal insulin row, Reliance Q4 results, Lok Sabha campaign and more

Live Mint  

Political parties dominated news headlines on Monday amid the Lok Sabha elections — from the AAP insulin row in Tihar jail to outrage over remarks made by Prime Minister Narendra Modi. Here are some of the top news headlines: Reliance Q4 results Reliance Industries reported an almost flat March quarter net profit amid a recovery in its core oil and …

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 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 …

Stocks to Watch: L&T, Dr Reddy’s, SRF, Voltas, TCS
10 months, 3 weeks ago

Stocks to Watch: L&T, Dr Reddy’s, SRF, Voltas, TCS

Live Mint  

L&T: Recorded 15% yoy growth in consolidated net profit at ₹2,947 crore for the December quarter. Dr Reddy’s Laboratories: Registered 10.6% yoy growth in consolidated net profit at ₹1,378.9 crore for the December quarter, despite higher tax cost. Voltas: Posted a net loss of ₹27.6 crore for the December quarter, narrowing from a loss of ₹110.5 crore a year ago …

TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared
1 year, 2 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 …

TCS Q2 results: Net profit rises 8.7% to Rs 11,342
1 year, 2 months ago

TCS Q2 results: Net profit rises 8.7% to Rs 11,342

India TV News  

The country's largest software company Tata Consultancy Services on Wednesday said its net profit increased 8.7 percent year-on-year to Rs 11,342 crore in the September 2023 quarter. Its revenue from operations rose 7.9 percent year-on-year to Rs 59,692 crore in the reporting quarter from Rs 55,309 crore a year ago, the company said. The company's operating profit during the reporting …

Sun Pharma Q1 net profit falls 2% to ₹2,022 crore; revenue rises 11% YoY
1 year, 4 months ago

Sun Pharma Q1 net profit falls 2% to ₹2,022 crore; revenue rises 11% YoY

Live Mint  

Sun Pharmaceutical Industries Ltd on Thursday reported a net profit of ₹2,022.54 crore for the quarter ended June 2023, down 1.86% from ₹2,060.88 crore in the same period last year. Taro posted Q1FY24 sales of $159 million, up by 1.4% YoY and reported net profit of about $10 million, lower by 28.9% over net profit of Q1 last year. “Excluding …

Indigo Q1 Results: Net profit at ₹3,090 crore, revenue up 30% YoY
1 year, 4 months ago

Indigo Q1 Results: Net profit at ₹3,090 crore, revenue up 30% YoY

Live Mint  

InterGlobe Aviation Limited on Wednesday announced the results for the June quarter and said that it reported a net profit of ₹3,090 crore for Q1 of financial year 2023-24, and is its highest-ever quarterly net profit. The low cost airline had reported net loss of ₹1,064.2 crore in the corresponding period of the previous year, it said in a regulatory …

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s
1 year, 4 months ago

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Reliance Industries: Jio Financial Services Ltd, the demerged financial lending arm of Reliance Industries Ltd, and BlackRock, the world’s largest asset manager, have joined hands to set up an asset management company with a combined investment of $300 million. Net interest income or core income jumped …

Cipla Q1 net profit rises 45% to ₹996 crore; revenue growth at 18% YoY
1 year, 4 months ago

Cipla Q1 net profit rises 45% to ₹996 crore; revenue growth at 18% YoY

Live Mint  

Cipla reported a 45.1% rise in its consolidated net profit for the quarter ended June 2023 at ₹995.7 crore as compared to ₹696.4 crore in the corresponding quarter of the last year. The company’s US business reported the highest ever revenue of $ 222 million, registering a growth of 43% YoY growth driven by robust momentum in differentiated portfolios. South …

Aarti Drugs Q1 Results: Net profit surges 39% YoY to ₹48 crore
1 year, 5 months ago

Aarti Drugs Q1 Results: Net profit surges 39% YoY to ₹48 crore

Live Mint  

Aarti Drugs Limited released its Q1 results on Friday and reported a 38.8% surge in the net consolidated profits from ₹34.8 crore to ₹48 crore, it said in a stock regulatory filing. Among other things, the firm said that the board of directors of the company has approved buyback not exceeding 6,65,000 fully paid-up equity shares for ₹900 per equity …

TCS Q1 Results: Net profit jumps 16% on year to ₹11,074 cr; declares dividend
1 year, 5 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 …

Hindustan Aeronautics to consider stock split, final dividend next week
1 year, 6 months ago

Hindustan Aeronautics to consider stock split, final dividend next week

Live Mint  

On Friday, shares of Hindustan Aeronautics Ltd rose 2.61 percent from their previous closing price of ₹3,763.70 to an intraday high of ₹3,861.80 a share. In Q4FY23, the company recorded a net profit of ₹2,844.64 crore, a decrease of 8.36% from Q4FY22's net profit of ₹3,103.99. In comparison to FY22, net sales increased by 9.37 percent to ₹26,927 crore, and …

Gland Pharma Q4 net profit declines 72% year-on-year
1 year, 7 months ago

Gland Pharma Q4 net profit declines 72% year-on-year

Live Mint  

The generic injectable focused pharmaceutical company, Gland Pharma Ltd’s reported net profits at ₹78.68 Crore during Q4, saw a sharp decline of 72% over ₹285.90 Crore reported in the year-ago quarter. The India market that accounted for 8% of total revenues during Q4FY23 and witnessed a 68% year-on-year decline is sales which the company attributed to higher base of COVID …

Dr Reddy's Dips 7% Even as Q4 Net Profit Jumps 10-Fold; Should you Buy, Sell or Hold?
1 year, 7 months ago

Dr Reddy's Dips 7% Even as Q4 Net Profit Jumps 10-Fold; Should you Buy, Sell or Hold?

News 18  

Shares of Dr Reddy’s Laboratories slipped 7 per cent in early trade on May 11, a day after the company posted its Q4 results. The drugmaker’s net profit for the quarter jumped 10-fold to Rs 959.2 crore from Rs 87.5 crore in the same period last year but still lagged the Street’s estimate of Rs 1,093.6 crore. “Dr Reddys’ reported …

Dr Reddy’s share price down 1% ahead of Q4FY23 results; check details
1 year, 7 months ago

Dr Reddy’s share price down 1% ahead of Q4FY23 results; check details

Live Mint  

Dr Reddy's share price falls over 1% on Wednesday ahead of its Q4FY23 results. Dr Reddy's Laboratories is anticipated to release a good set of financial results for the quarter ended March 31, 2023. Dr Reddy's shares closed slightly higher on Tuesday at ₹4,930.55 a share on the BSE, reflecting optimistic market sentiments towards the company's quarterly results. Dr. Reddy's …

Reliance Industries Q4 earnings: 5 key highlights to know after beating street estimates
1 year, 8 months ago

Reliance Industries Q4 earnings: 5 key highlights to know after beating street estimates

Live Mint  

The largest private sector firm in India and a Fortune 500 company, Reliance Industries, has released its Q4FY23 results statement. Depreciation grew by 35.3% Y-o-Y to ₹40,319 crore in FY23 from ₹29,797 Cr in FY22 due to an expanded asset base across all the businesses and higher network utilization in digital services business. Reliance Industries said that the Oil & …

TCS smashes Q4 profit view on strong deal momentum: Report
1 year, 8 months ago

TCS smashes Q4 profit view on strong deal momentum: Report

Hindustan Times  

Tata Consultancy Services Ltd reported a bigger-than-expected rise in fourth-quarter profit on Wednesday as India's top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop. The company's net profit rose 14.8% to 113.92 billion rupees in the three months ended March 31, from 99.26 billion rupees a year earlier. Analysts on average had expected a profit …

TCS Q4 results today: Key things to watch out for
1 year, 8 months ago

TCS Q4 results today: Key things to watch out for

Live Mint  

Tata Group-backed TCS will kick start the fourth quarterly earning season for India Inc today with its financial results. Here are key things to watch out for in TCS Q4 results in today 1) Revenue growth: Analysts' believe that overall growth for Q4 is expected to be less than Q3. Brokerage firm Axis Securities expects TCS to report revenue growth …

Dr. Reddy’s becomes India’s second biggest drugmaker; details here
2 years, 1 month ago

Dr. Reddy’s becomes India’s second biggest drugmaker; details here

Firstpost  

Dr. Reddy’s Laboratories Ltd and Cipla Ltd have beaten Aurobindo Pharma to become India’s second and third biggest drugmakers, respectively, in terms of sales, in the quarter ended 30 September. Dr. Reddy’s and Cipla displaced Lupin later on, and it is the fifth largest company by sales now. Dr. Reddy’s earned Rs 6,331.8 crore as revenue in the September quarter, …

TCS Q2: Net profit rises by 8.3% to ₹10,431 cr
2 years, 2 months ago

TCS Q2: Net profit rises by 8.3% to ₹10,431 cr

Live Mint  

The country's largest software services firm, Tata Consultancy Services, on Monday reported a 8.3 per cent rise in consolidated net profit to ₹10,431 crore for the September 2022 quarter. This is against a net profit of ₹9,624 crore in the year-ago period, TCS said in a regulatory filing. The consolidated revenue of the IT major grew by 18 per cent …

Suboxone settlement boosts Dr. Reddy’s Q1 net
2 years, 4 months ago

Suboxone settlement boosts Dr. Reddy’s Q1 net

The Hindu  

Proceeds from a settlement pact with British drugmaker lndivior and its strategy of divesting brands to sharpen focus on core products aided pharma major Dr. Reddy’s Laboratories in reporting manifold increase in consolidated net profit to ₹1,189 crore for the first quarter. Besides contributing to the sharp rise from ₹380.4 crore of the year-earlier period, the $72 million Suboxone settlement …

Maruti Suzuki reports more than two-fold rise in net profit to ₹1,036 crore in Q1
2 years, 4 months ago

Maruti Suzuki reports more than two-fold rise in net profit to ₹1,036 crore in Q1

The Hindu  

Maruti Suzuki India on Wednesday reported a more than two-fold jump in consolidated net profit to ₹1,036 crore for the first quarter ended June 30, mainly due to a low base in the year-earlier period. The auto major had posted a net profit of ₹475 crore in the COVID-hit April-June quarter of the last fiscal. Net sales rose to ₹26,512 …

Reliance Jio Q1 results: Net profit jumps nearly 24% to ₹4,335 crore
2 years, 5 months ago

Reliance Jio Q1 results: Net profit jumps nearly 24% to ₹4,335 crore

Live Mint  

Telecom giant, Reliance Jio registered a net profit of ₹4,335 crore in the quarter ending June 30, 2022 compared to a PAT of ₹3,501 crore in the same quarter last year - recording a growth of 23.82%. As of June 30, 2022, the company's net worth is around ₹2,02,132 crore compared to ₹1,86,475 crore as of June 2021. During the …

Reliance Q4 net up 22.5%, becomes first Indian company to cross $100 bn annual revenue
2 years, 7 months ago

Reliance Q4 net up 22.5%, becomes first Indian company to cross $100 bn annual revenue

India Today  

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. Consolidated revenue of the nation's biggest company by market value rose 35 per cent year-on-year to …

Stocks to Watch Today: Dabur, Marico, Kotak Bank, Adani Stocks, and Others
2 years, 7 months ago

Stocks to Watch Today: Dabur, Marico, Kotak Bank, Adani Stocks, and Others

News 18  

Nifty futures on the Singapore Exchange traded 144.5 points, or 0.87 per cent higher at 16,833.50, signaling that Dalal Street was headed for a positive start on Thursday. SIS The company recorded consolidated profit at Rs 97.4 crore for the quarter ended March 2022, down 4.7 percent compared to year-ago period on moderate growth in EBITDA and sharp downtick in …

Stocks to Watch Today: Paytm, HCL Tech, ITC, ICICI Lombard, and Others
2 years, 8 months ago

Stocks to Watch Today: Paytm, HCL Tech, ITC, ICICI Lombard, and Others

News 18  

Nifty futures on the Singapore Exchange-traded 185.5 points, or 1.07 per cent lower at 17,221.50, signaling that Dalal Street was headed for a negative start on Friday. HCL Technologies The IT services company recorded a 4.4 per cent sequential growth in profit at Rs 3,593 crore and 1.2 per cent QoQ growth in revenue at Rs 22,597 crore, but earnings …

TCS Q4 Results: Net Profit Up 7.35% YoY to Rs 9,926 Crore; Revenue Jumps 15.7%; Dividend Declared
2 years, 8 months ago

TCS Q4 Results: Net Profit Up 7.35% YoY to Rs 9,926 Crore; Revenue Jumps 15.7%; Dividend Declared

News 18  

India’s largest IT services company Tata Consultancy Services on Monday reported a consolidated net profit of Rs 9,926 crore for the March 2022 quarter, a jump of 7.35 per cent on a year-on-year basis. The company’s revenue during January-March 2022 rose 15.75 per cent to Rs 50,591 crore, compared with Rs 43,705 crore in the year-ago period. The company’s employee …

TCS Q4 profit misses estimates at ₹9,926 cr, declares dividend
2 years, 8 months ago

TCS Q4 profit misses estimates at ₹9,926 cr, declares dividend

Live Mint  

Tata Consultancy Services, India's largest IT services company, on Monday posted consolidated net profit of ₹9,926 crore for the quarter ending 31 March, 2022, up 7% from ₹9,246 crore a year ago. Increasing participation in our customers’ growth and transformation journeys, and an all-time high order book provide a strong and sustainable foundation for continued growth ahead,” said TCS MD …

TCS Q4 results: Tata Consultancy Services' profit rises 14.9% to Rs 9,246 crore in fourth quarter
3 years, 8 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 …

Digital boom helps TCS beat estimates
3 years, 11 months ago

Digital boom helps TCS beat estimates

Live Mint  

Tata Consultancy Services Ltd is targeting a double-digit growth in revenue this financial year on hopes that it will continue to benefit from the pandemic-induced boom in digital and cloud services. Chief executive Rajesh Gopinathan said the company recorded its fastest revenue growth in nine quarters in the three months ended 31 December as clients embraced digital transformation because of …

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