L&T Tech Q3 Results: Net profit drops 4% to ₹322 crore, revenue up 9% YoY; stock rallies 4% on large deal wins
2 months, 1 week ago

L&T Tech Q3 Results: Net profit drops 4% to ₹322 crore, revenue up 9% YoY; stock rallies 4% on large deal wins

Live Mint  

L&T Tech Q3 Results: L&T Technology Services announced its October-December quarter results for fiscal 2024-25 on Wednesday, January 15, reporting a drop of four per cent to ₹322.4 crore in consolidated net profit, compared to ₹336.2 crore in the year ago period. The Larsen & Toubro 's tech subsidiary's revenue from operations in the third quarter of the current fiscal rose nine per cent to ₹2,653 crore, compared to 2,421.8 crore in the year-ago period. Shares of L&T Tech rallied five per cent ahead of the announcement of Q3 results to settle 3.10 per cent higher at ₹4,852.75 apiece on the BSE. The tech company's dollar revenue stood at $312 million, growing 3.1 per cent quarter-on-quarter and 8.7 per cent year-on-year in constant currency.

Tech Crore Cent Quarter Q3 Results Large Deal  net  revenue  rallies  million  yoy  tech  profit  worth  crore  cent  q3  quarter  wins  stock  deal  results  lt

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Trent Q3 Results: Consolidated net profit rises 34% to ₹496.5 crore, total income up 33%
1 month, 2 weeks ago

Trent Q3 Results: Consolidated net profit rises 34% to ₹496.5 crore, total income up 33%

Live Mint  

Tata Group’s retail arm, Trent Ltd, on Thursday, February 6 announced robust financial results for the quarter ended December 2024, reflecting strong revenue growth and a steady expansion strategy. Profit and Revenue Growth The company’s consolidated net profit surged 34 per cent year-on-year to ₹496.5 crore from ₹370.6 crore in Q3FY24. Total income for the quarter stood at ₹4,715.6 crore, …

L&T share price jumps 5% after Q3 results. Should you buy, sell or hold?
1 month, 3 weeks ago

L&T share price jumps 5% after Q3 results. Should you buy, sell or hold?

Live Mint  

Larsen & Toubro share price rallied nearly 5% on Friday after the company reported decent earnings for the third quarter of FY25. The company’s consolidated revenue in Q3FY25 increased 17% to ₹64,668 crore led by strong order book and ramp up in execution momentum across its Projects & Manufacturing businesses. Nuvama Institutional Equities said that L&T delivered stellar Q3FY25 order …

L&T hits record order inflows in Q3, fueled by Middle East, domestic growth
1 month, 3 weeks ago

L&T hits record order inflows in Q3, fueled by Middle East, domestic growth

Live Mint  

India’s largest engineering and infrastructure conglomerate Larsen & Toubro Ltd reported a record high inflow of new orders during the third fiscal quarter ended 31 December. “We expect the Middle East to continue to strengthen its physical and digital infrastructure besides continuing to monetise its oil & gas assets,” L&T chairman and managing director S.N. Interestingly, during the third quarter, …

L&T Q3 PAT rises 14% to ₹3,359 cr
1 month, 3 weeks ago

L&T Q3 PAT rises 14% to ₹3,359 cr

Live Mint  

New Delhi, Jan 30 Larsen & Toubro on Thursday reported 14 per cent rise in consolidated profit after tax at ₹3,359 crore for December quarter 2024-25 on the back of higher revenue from operations. The company said that the revenue growth was on the back of strong order book and ramp-up in execution momentum across its projects and manufacturing businesses. …

L&T Q3 Results: Net profit rises 14% YoY to ₹3,358.84 crore
1 month, 3 weeks ago

L&T Q3 Results: Net profit rises 14% YoY to ₹3,358.84 crore

Live Mint  

L&T Q3 Results: Larsen & Toubro on Thursday reported an 14% year-on-year rise in its consolidated net profit for the fiscal's third quarter ended December to ₹3,358.84 crore. L&T's consolidated revenue from operations stood at ₹64,667.78 crores during the quarter ended December from ₹55,127.82 crore in Q3FY24, a year-on-year rise of 17.3%. The company reported in an exchange filing that …

L&T Q3 Results 2025 Preview: Should you buy L&T shares ahead of Q3 earnings? Here’s what to expect
1 month, 3 weeks ago

L&T Q3 Results 2025 Preview: Should you buy L&T shares ahead of Q3 earnings? Here’s what to expect

Live Mint  

Larsen and Toubro, the engineering, procurement, and construction major, is set to announce its earnings for the third quarter of FY25 today, January 30. The company’s net profit in the quarter ended December is expected to rise 24% year-on-year, while revenue is estimated to see a growth of 18% YoY. Here’s what to expect from L&T Q3 results today: Motilal …

Q3 Earnings Impact: KPIT Tech shares surge 8% after company raises FY25 guidance
1 month, 3 weeks ago

Q3 Earnings Impact: KPIT Tech shares surge 8% after company raises FY25 guidance

Live Mint  

Shares of KPIT Technologies rallied 8 percent in intra-day deals on Thursday, January 30 after the company posted strong results for the quarter ended December 2024 and raised its EBIT margin guidance for financial year 2025. Financial Performance For the December 2024 quarter, KPIT Technologies reported a 19.27 percent year-on-year increase in net profit, reaching ₹186.97 crore compared to ₹156.75 …

Infobean Technologies Q3 Results 2025 on 29 Jan, 2025: profit rise by 26.98% YOY, profit at ₹7.06 crore and revenue at ₹96.33 crore
1 month, 3 weeks ago

Infobean Technologies Q3 Results 2025 on 29 Jan, 2025: profit rise by 26.98% YOY, profit at ₹7.06 crore and revenue at ₹96.33 crore

Live Mint  

Infobean Technologies Q3 Results 2025:Infobean Technologies declared their Q3 results on 28 Jan, 2025. Infobean Technologies Q3 Results The operating income was down by 37.74% q-o-q but showed a significant increase of 136.81% Y-o-Y. Infobean Technologies has delivered -23.22% return in the last 1 week, -28.45% return in the last 6 months, and -23.39% YTD return. Infobean Technologies Financials Period …

Petronet LNG Q3 Results 2025 on 28 Jan, 2025: profit falls by 25.66% YOY, profit at ₹901.7 crore and revenue at ₹12226.86 crore
1 month, 3 weeks ago

Petronet LNG Q3 Results 2025 on 28 Jan, 2025: profit falls by 25.66% YOY, profit at ₹901.7 crore and revenue at ₹12226.86 crore

Live Mint  

Petronet LNG Q3 Results 2025:Petronet LNG declared their Q3 results on 27 Jan, 2025. Petronet LNG Q3 Results The operating income showed a slight increase of 3.12% quarter-on-quarter but faced a substantial decline of 31.29% year-on-year. As of 28 Jan, 2025, out of 32 analysts covering the company, 7 analysts have given a Strong Sell rating, 6 analysts have given …

For large-cap IT investors, the wait for redemption can be a long one
1 month, 3 weeks ago

For large-cap IT investors, the wait for redemption can be a long one

Live Mint  

—Lemony Snicket 9 March 2006. “The entire beat was led by higher revenue from sale of third-party items bought for service delivery to clients that contributed incremental USD 78 mn to revenue versus reported incremental revenue for the quarter of USD 45 mn," analysts at Kotak Institutional Equities said in a note. “While large-cap IT firms’ topline growth continued to …

Tata Technologies Q3 result: Net profit drops 1% YoY to ₹169 crore;
2 months ago

Tata Technologies Q3 result: Net profit drops 1% YoY to ₹169 crore;

Live Mint  

Tata Technologies Q3 result: Tata Technologies, on Tuesday, January 21, reported a nominal 1 per cent year-on-year drop in its consolidated net profit for the December quarter of the current financial year. Consolidated revenue from operations, however, for Q3FY25 rose 2.2 per cent YoY to ₹1,317.38 crore from ₹1,289.45 crore in the same quarter last year. The company's total expenses …

TCS vs Wipro vs Infosys vs HCL Tech: Which stock to buy after Q3 results 2025?
2 months ago

TCS vs Wipro vs Infosys vs HCL Tech: Which stock to buy after Q3 results 2025?

Live Mint  

Even though the December quarter earnings of domestic IT majors TCS, Infosys, HCL Tech, and Wipro were mixed, they did not bring many disappointments. TCS Q3 results Consolidated revenue from operations of the IT bellwether grew 5.6 per cent year-on-year to ₹63,973 crore from ₹60,583 crore in the same quarter last year. HCL Tech Q3 results HCL Tech's consolidated net …

Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit
2 months, 1 week ago

Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit

Hindustan Times  

Wipro on Friday topped street expectations with a 24.4 per cent year-on-year rise in consolidated net profit for the December quarter at ₹3,354 crore, as the top brass of India's fourth-largest IT services company guided for a "more hopeful and resilient" 2025. On Thursday, the second-largest tech firm Infosys reported 11.46 per cent rise in the third quarter net profit …

Wipro ADR rises 4% on NYSE after IT major’s net profit shoots 24% YoY to surpass Street estimates in Q3FY25
2 months, 1 week ago

Wipro ADR rises 4% on NYSE after IT major’s net profit shoots 24% YoY to surpass Street estimates in Q3FY25

Live Mint  

Wipro ADR: American Depository Receipt shares of India's fourth-largest IT services company witnessed a sharp rise on the New York Stock Exchange after declaring its October-December quarter results for fiscal 2024-25. Wipro ADR rose 4.09 per cent to $3.435 on the American stock exchange after the IT major surpassed D-Street expectations with its net profit surging 24.5 per cent in …

Wipro reports 24% rise in Q3 net profit
2 months, 1 week ago

Wipro reports 24% rise in Q3 net profit

The Hindu  

Wipro Ltd. on Friday reported a 24.5% year-on-year increase in its net profit of ₹3,353.8 crore in the third quarter of fiscal 2025. Aparna Iyer, Chief Financial Officer, said “We expanded margins for a fourth consecutive quarter, enabling us to achieve our previously stated target margin of 17.5%. Our EPS grew 24.4% YoY and operating cash flow was at 146.5% …

Tech Mahindra Q3 net profit rises 93% year-on-year to ₹983 crore
2 months, 1 week ago

Tech Mahindra Q3 net profit rises 93% year-on-year to ₹983 crore

Live Mint  

Tech Mahindra Q3 Results: Tech Mahindra reported a net profit of ₹983.2 crore at the consolidated level for the quarter ended December 2024, which marked an increase of 92.6% compared to ₹510.4 crore posted in the year-ago quarter. Tech Mahindra's revenues from operations during the December quarter came at ₹13,285.6 crore. The earnings before interest tax depreciation and amortisation for …

Q3 results today: Wipro, Jio Financial, Tech Mahindra among 40 companies to declare earnings on January 17
2 months, 1 week ago

Q3 results today: Wipro, Jio Financial, Tech Mahindra among 40 companies to declare earnings on January 17

Live Mint  

Q3 results today: Several companies, including Wipro, Aether and Tech Mahindra are scheduled to declare their December quarter earnings today, January 17. Q3 results today Companies including 5Paisa, Aether, amal, Atlas Cycle, Concord Enviro Systems, Conticon, Delta Industrial Resources, Excel Realty N Infra, Ganesh Housing Corporation, Golden Legand Leasing & Finance, Gujarat Hotels, ICICI Lombard General Insurance Company, Indian Hotels …

LTIMindtree reports 7% decline in Q3 net profit; revenue up 7%
2 months, 1 week ago

LTIMindtree reports 7% decline in Q3 net profit; revenue up 7%

The Hindu  

LTIMindtree, a Larsen & Toubro-owned tech firm based in Bengaluru, reported a 7.1% year-on-year dip in its net profit for the third quarter ended December. ‘’Our ongoing investments in AI, including new partnerships and specialisations, and accolades, support our efforts to continue growing as we enter CY25,’‘ said Debashis Chatterjee, CEO and MD, LTIMindtree. Commenting on revenue growth in dollar …

L&T Tech's Q3 excites, but don’t ignore the near-term headwinds
2 months, 1 week ago

L&T Tech's Q3 excites, but don’t ignore the near-term headwinds

Live Mint  

Midcap IT firm L&T Technology Services Ltd surprised the Street with solid deal wins and margin expansion in the December quarter. Deal wins were at an all-time high in Q3 with eight large deals won above $10 million, spread across all three key verticals having an average deal tenure of about three years. However, LTTS expects Intelliswift acquisition, which has …

L&T Technology Services Q3 Results 2025: Profit Falls by 4.1% YOY
2 months, 1 week ago

L&T Technology Services Q3 Results 2025: Profit Falls by 4.1% YOY

Live Mint  

L&T Technology Services Q3 Results 2025:L&T Technology Services declared their Q3 results on 15 Jan, 2025. L&T Technology Services Q3 Results Operating income for the company was up by 8.82% quarter-on-quarter and showed a slight increase of 1.37% year-over-year. As of 16 Jan, 2025, L&T Technology Services has a market capitalization of ₹51,367 crore, with a 52-week high of ₹6000 …

Earnings Impact: L&T Technology Services shares surge 9% on strong Q3 performance
2 months, 1 week ago

Earnings Impact: L&T Technology Services shares surge 9% on strong Q3 performance

Live Mint  

Shares of L&T Technology Services surged over 9 percent on Thursday, January 16, following the company's announcement of its third-quarter financial results. While LTTS reported a 4.1 percent year-on-year drop in net profit to ₹322.4 crore, impacted by currency headwinds, the market reacted positively to its record-breaking large deal bookings and robust revenue growth. Net profit for the quarter stood …

HCL Tech vs TCS: Which IT stock to buy today after Q3 results 2025? EXPLAINED
2 months, 1 week ago

HCL Tech vs TCS: Which IT stock to buy today after Q3 results 2025? EXPLAINED

Live Mint  

HCL Tech vs TCS: After the announcement of October-December quarter results for fiscal 2024-25, India's leading information technology giants will be in focus during today's market session. Analysts noted that despite delivering a solid financial performance led by a sharp uptick in deal wins, both TCS and HCL Tech faced pressure due to higher expectations on the Street. “While TCS …

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights
Trending News
2 months, 1 week ago

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights

Live Mint  

HCL Tech Q3 Results: HCL Technologies announced its October-December quarter results for fiscal 2024-25 on Monday, January 13, reporting a rise of 5.5 per cent in its consolidated net profit to ₹4,591 crore, compared to ₹4,350 crore in the corresponding period last year. "HCL Tech delivers another quarter of solid growth at 3.8 per cent QoQ in constant currency and …

TCS Q3 result: Strong TCV, sequential growth in operating margin; 6 key highlights of TCS earnings
2 months, 2 weeks ago

TCS Q3 result: Strong TCV, sequential growth in operating margin; 6 key highlights of TCS earnings

Live Mint  

TCS Q3 result: India's IT bellwether Tata Consultancy Services reported its December quarter numbers on Thursday, January 9, which were largely in line with market expectations. TCS Q3 key numbers The company's consolidated revenue from operations grew 5.6 per cent year-on-year to ₹63,973 crore from ₹60,583 crore in the same quarter last year. Performance of key domains Among the key …

TCS Q3 results: Net profit rises 12% YoY to ₹12,380 crore; revenue up 5%
2 months, 2 weeks 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 …

L&T Technology Services share price rises 5%: To acquire California based Intelliswift
4 months, 1 week ago

L&T Technology Services share price rises 5%: To acquire California based Intelliswift

Live Mint  

Stock Market Today: L&T Technology Services Limited share price gained more than 5% in intraday trades on Tuesday. L&T Technology announced having signed a definitive agreement to acquire Silicon Valley-based Intelliswift, to deepen its offerings across software product development, platform engineering, Digital Integration, Data and AI. L&T Technology Services share price thereafter gained more than 5% to intraday highs of …

Trent Q2 Results Live: Profit Rises by 44.31% YOY
4 months, 2 weeks ago

Trent Q2 Results Live: Profit Rises by 44.31% YOY

Live Mint  

Trent Q2 Results Live : Trent Limited announced its Q2 results on November 7, 2024, showcasing a remarkable performance with a 39.37% increase in revenue year-over-year and a significant profit rise of 44.31%. Despite a quarterly comparison that reveals a slight revenue growth of 1.27% and a profit decrease of 13.71%, the annual figures highlight Trent's strong market position. In …

L&T Finance Q2 Net Profit Soars 17% to Rs 696 Crore
5 months ago

L&T Finance Q2 Net Profit Soars 17% to Rs 696 Crore

The Hindu  

L&T Finance reports a strong second-quarter net profit of ₹696 crore, up 17% from the previous year. The company's NIMs remained stable at 10.86%, while its RoA and RoE improved to 2.60% and 11.65% respectively, indicating improved financial health. The company's retail disbursements and loan book grew significantly, reflecting strong performance in the retail segment. However, the company acknowledged the …

L&T Q1 results: Net profit rises 12% to ₹2,786 crore; here are 5 key highlights
8 months ago

L&T Q1 results: Net profit rises 12% to ₹2,786 crore; here are 5 key highlights

Live Mint  

L&T posted a 12 per cent surge in its profit after tax at ₹ 2,786 crore for the June quarter compared to ₹ 2,493 crore in the same quarter last year. Engineering and construction giant Larsen and Toubro announced a 12 per cent year-on-year increase in its consolidated net profit, reaching ₹2,786 crore for the quarter ending June 30, 2024, …

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%
8 months ago

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%

News 18  

IT major Wipro on Friday declared its Q1 FY25 financial results. The IT major has posted a consolidated net profit of Rs 3,003.2 crore for the June 2024 quarter, a rise of 4.63 per cent year-on-year. Wipro Outlook for Q3 On the outlook, Wipro expects revenue from its IT services business segment to be in the range of $2,600 million …

Tata Tech share price plunge 5% on muted Q4 results: Details
10 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 …

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared
10 months, 3 weeks ago

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared

Hindustan Times  

HCL Tech Q4 results: IT major's consolidated net profit has been declared and it has come in at a marginally higher ₹3,986 crore for the quarter versus ₹3,983 crore earlier in the corresponding period last year - a gain of 0.1%. The services revenue of HCL Tech crossed ₹ 1 lakh crore on run rate basis during the quarter under …

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment
11 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
11 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 Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%
11 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 surges over 13 per cent despite 12 per cent decline in Q3 profit YoY
1 year, 2 months ago

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY

India TV News  

Wipro shares rose over 13 per cent in early trading on Monday, reaching a 52-week high of Rs 529, despite the company reporting weaker-than-expected results for the third quarter. The primary reason for the rise in Wipro's shares can be attributed to a 17 per cent surge in its American Depository Receipts. The company's trajectory is perceived as recovering after …

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore
1 year, 2 months ago

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore

Hindustan Times  

HCL Technologies on Friday reported a 6.2 per cent increase in consolidated net profit at ₹4,350 crore, highest ever on a quarterly basis, in the three months ended December 2023 on the back of growth in both services and software businesses. The consolidated revenue of HCL Tech grew 6.5 per cent to ₹28,446 crore during the reported quarter from ₹26,700 …

Wipro reports Q3 revenue from ops at ₹22,205 crore
1 year, 2 months ago

Wipro reports Q3 revenue from ops at ₹22,205 crore

Hindustan Times  

Wipro Q3 Results: Wipro, India's fourth-largest IT services provider, reported a better-than-expected third-quarter revenue and said fourth-quarter dollar revenue at its largest business could fall by 1.5% at worst or grow by 0.5% at best. Revenue from operations for the quarter ended Dec. 31 fell 4.4% from the previous year to 222.05 billion rupees, but beat analysts' average estimate of …

Wipro Q3 profit declines 12 per cent YoY to Rs 2,694 crore, revenue falls over 4 per cent
1 year, 2 months ago

Wipro Q3 profit declines 12 per cent YoY to Rs 2,694 crore, revenue falls over 4 per cent

India TV News  

Wipro reported a 12 percent year-on-year decline in net profit at Rs 2,694 crore for the third quarter of the current financial year. Revenue from IT business The company's revenue from its IT business declined by 1.1 per cent to Rs 22,151 crore. On Thursday, Tata Consultancy Services posted an 8.2 per cent growth in net income for the third …

HCL Tech Share Rise 3% Ahead Of Q3 Resulta Next Week; Know What To Expect
1 year, 2 months ago

HCL Tech Share Rise 3% Ahead Of Q3 Resulta Next Week; Know What To Expect

News 18  

Shares of HCL Technologies rose over 3% to Rs 1,507.2 in Wednesday trade on BSE ahead of its third-quarter results due on Friday, January 12. In Q2 FY24, HCL Technologies reported 10% growth in its consolidated net profit at Rs 3,832 crore. Technicals HCL Technologies | Resistance: Rs 1,500 | Support: Rs 1,400 HCL Tech has been moving sideways, maintaining …

L&T orders shine, but margins dull
1 year, 4 months ago

L&T orders shine, but margins dull

Live Mint  

Larsen and Toubro Ltd’s September quarter was characterized by healthy revenue growth and a stellar order pipeline. Infrastructure projects segment margin contracted by 120 basis points year-on-year to 5.4% last quarter, primarily due to changes in job mix and execution of older contracts. On the brighter side, L&T expects to surpass its order inflow target of 10-12% and revenue growth …

L&T shares gain after strong Q2 results; brokerages raise target
1 year, 4 months ago

L&T shares gain after strong Q2 results; brokerages raise target

Live Mint  

Larsen & Toubro share price gained over a percent on Wednesday after the company reported healthy financial performance for the quarter ended September 2023. Centrum Broking said L&T reported yet another strong set of numbers with stellar 19%/45% YoY growth in revenue and PAT driven by better execution in P&M segment and profit from sale of commercial property in the …

L&T’s net profit soars 45% in Q2 to ₹3,223 crore
1 year, 4 months ago

L&T’s net profit soars 45% in Q2 to ₹3,223 crore

Live Mint  

New Delhi: Construction and engineering behemoth Larsen & Toubro reported 45% growth in its consolidated net profit to ₹3,223 crore in the September quarter, driven by improved order book execution. The company received orders worth ₹ 89,153 crore at the group level in the quarter, registering a robust growth of 72% from a year earlier. The IT and technology services …

L&T Q1 net profit may rise 25% YoY at ₹2,130 crore; to consider share buyback
1 year, 7 months ago

L&T Q1 net profit may rise 25% YoY at ₹2,130 crore; to consider share buyback

Live Mint  

Larsen & Toubro, the infrastructure major, is set to announce Q1 results on Tuesday. L&T’s consolidated net profit in Q1FY24 is expected to grow around 25% year-on-year to ₹2,130 crore, according to average analysts’ estimates. On the operational front, L&T’s Q1 earnings before interest, taxes, depreciation and amortization may rise 15% YoY to ₹4,565 crore, while its EBITDA margin is …

Stocks to Watch: IndusInd Bank, Adani Transmission, Vedanta, L&T Tech Services
1 year, 8 months ago

Stocks to Watch: IndusInd Bank, Adani Transmission, Vedanta, L&T Tech Services

Live Mint  

Here are the top ten stocks that could be in news on Wednesday: IndusInd Bank: The private lender's net profit rose by 32.5% year-on-year to 21.24 billion rupees. L&T Technology Services: The company saw anincrease of nearly 13% to ₹3.11 billion in its first-quarter profit primarily driven by order acquisitions. CIE Automotive India: The automotive components supplier saw a surge …

How TCS, HCL Tech shares may react on Thursday after Q1 numbers?
1 year, 8 months ago

How TCS, HCL Tech shares may react on Thursday after Q1 numbers?

Live Mint  

IT giant Tata Consultancy Services may escape the wrath of bears on Thursday's trading session as it surprised streets by reporting solid Q1 earnings for FY24 despite some pressure in margins, although volatility will be seen in the stock price. Siddharth Bhaisora, Investment Advisor at Wright Research said, "Both TCS and HCL Tech have shown resilience in navigating the challenging …

TCS vs Infosys vs Wipro vs HCL Tech: Which IT stock to buy ahead of Q1 results?
1 year, 8 months ago

TCS vs Infosys vs Wipro vs HCL Tech: Which IT stock to buy ahead of Q1 results?

Live Mint  

Q1 results 2023: First quarter results season for the financial year 2023-24 kickstart this week, however Dalal Street is eagerly waiting for 12th July 2023 when IT giants Tata Consultancy Services and HCL Technologies will declare their Q1FY24 results. They said that among four Indian IT majors, Infosys had given weak guidance after the fourth quarter results in the previous …

HCL Tech’s Q4 earnings in line with estimates. Here’s how stock may react
1 year, 11 months ago

HCL Tech’s Q4 earnings in line with estimates. Here’s how stock may react

Live Mint  

HCL Tech's fourth-quarter earnings are broadly in line with estimates. Overall, HCL Tech's Q4 results are not seen as a shocker and hence the market is expected to be appreciative of the stock price. In Q4FY23, HCL Tech's consolidated PAT stood at ₹3,983 crore up by 10.85% YoY but down by 2.8% QoQ. Veer Trivedi, Research Analyst, SAMCO Securities said, …

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week
1 year, 11 months ago

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week

Live Mint  

Its a busy week ahead with major companies especially in banking, IT and financial sectors lined up to present their fourth quarter earnings for FY23. Among the major Q4 results to watch out for are ICICI Bank, HCL Tech, Yes Bank, Hindustan Zinc, ICICI Prudential Life Insurance, and Tata Communications among others. On April 20, apart from announcing Q4 earnings …

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