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 of 110.13 billion rupees, according to Refinitiv IBES data. The company is TCS said its order book for the Jan-March period stood at $10 billion, up 28% sequentially, with an “all-time high number of large deals.” "The strength of our order book demonstrates the resilience of demand for our services and gives us visibility for growth in the medium term," Gopinathan said in a statement.

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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 …

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY
Trending News
1 month, 1 week ago

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY

Live Mint  

Bharat Dynamics on Thursday posted a net profit of ₹122.53 crore for the quarter ended September 2024, recording a fall of 16.7% from ₹147.09 crore in the year-ago period. Operating performance of Bharat Dynamics weakened during the September quarter as earnings before interest, tax, depreciation and amortization decreased 26.2% to ₹99 crore from ₹134 crore, while EBITDA margin narrowed to …

Tata Motors Q2 net profit falls 11% to Rs 3,343 crore
1 month, 2 weeks ago

Tata Motors Q2 net profit falls 11% to Rs 3,343 crore

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker’s consolidated net profit for the July-September quarter fell 11 per cent on-year to Rs 3,343 crore, driven by weak performance at its Jaguar Land Rover unit and in its commercial vehicles segment. Its consolidated revenue also dropped 3.5 per cent to Rs 1.01 lakh crore, largely impacted by lower sales volumes. Meanwhile, Tata Motors' …

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious
1 month, 2 weeks ago

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious

Live Mint  

Tata Motors reported a drop in consolidated net profit in the second quarter of FY25, dragged down by weaker sales across its luxury car arm Jaguar Land Rover and domestic commercial and passenger vehicle businesses. On PLI, Balaji told Mint, “We are expecting that by Q3 we should have the first funds being released, which are rightfully due to us …

Tata Motors Q2 Results: Drop in PAT, H2 outlook among 5 key highlights from automaker’s earnings show
1 month, 2 weeks ago

Tata Motors Q2 Results: Drop in PAT, H2 outlook among 5 key highlights from automaker’s earnings show

Live Mint  

Tata Motors Q2 Results: Automaker Tata Motors on Friday, November 8, reported its second quarter results for the financial year 2025, wherein it witnessed a decline in both revenue and profits. Here are key takeaways from Tata Motor's Q2 earnings: PAT, revenue, margins dip The Tata group company reported an 11 per cent year-on-year fall in consolidated net profit to …

Tata Motors share price in focus ahead of Q2 results today: Here is what analysts expect
1 month, 2 weeks ago

Tata Motors share price in focus ahead of Q2 results today: Here is what analysts expect

Live Mint  

Stock Market Today: Tata Motors share price has declined sharply by over 11% in the last one month amid a correction in the benchmark indices. Tata Motors share price was down around 1% in morning trades on Friday ahead of the earnings announcement by the auto major for the quarter ended September 2024 today. Here is what analysts expect from …

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 …

Tata Steel Q2 Results: Steelmaker posts net profit of ₹833 crore vs loss YoY, revenue falls 3%; Key highlights
1 month, 2 weeks ago

Tata Steel Q2 Results: Steelmaker posts net profit of ₹833 crore vs loss YoY, revenue falls 3%; Key highlights

Live Mint  

Tata Steel Q2 Results: Tata Steel Ltd announced its July to September quarter results on Wednesday, November 6. Tata Steel shares closed 0.85 per cent higher at ₹153.60 after Wednesday's trading session, compared to ₹152.30 at the previous market close. Key Highlights to look out for: Revenue from operations: The company's revenue from operations fell 3 per cent to ₹53,489.73 …

Titan Company Q2 net profit falls 23% to ₹704 crore
1 month, 2 weeks ago

Titan Company Q2 net profit falls 23% to ₹704 crore

The Hindu  

Titan Company Ltd. for the second quarter ended September 30 reported 23% drop in consolidated net profit at ₹704 crore as compared with ₹916 crore in the year ago period due to impact of normalisation of custom duty cut. The company’s consolidated revenues from sale of products and services increased 26% to ₹13,473 crore in over ₹10,708 crore in the …

Paytm's Entertainment Ticketing Business Booms, Propelling Profit
2 months ago

Paytm's Entertainment Ticketing Business Booms, Propelling Profit

Deccan Chronicle  

Paytm reports a net profit of Rs 928.3 crore in Q2, compared to a loss of Rs 290.5 crore a year ago. The company's entertainment ticketing business was a major contributor to this profit, with an exceptional gain of Rs 1,345 crore on account of the sale of entertainment ticketing business. The company's revenue from operations slumped 34.1 per cent …

Tata Group Stocks Soar as Ratan Tata's Legacy Transforms the Indian Business Landscape
2 months, 1 week 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.

Stocks to watch: Hindustan Zinc, SpiceJet, Ola Electric, Borosil, MTNL, Glenmark Pharma
4 months, 1 week ago

Stocks to watch: Hindustan Zinc, SpiceJet, Ola Electric, Borosil, MTNL, Glenmark Pharma

Live Mint  

Hindustan Zinc, Vedanta: The company plans to distribute a second interim dividend for FY25, with the board meeting scheduled for August 20, 2024. Ola Electric Mobility: The company reported a widened net loss of ₹347 crore for Q1FY25, up from ₹267 crore last year, due to increased finance costs and total expenses. EID Parry : The company reported a 15.5% …

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 …

NTPC Q1 profit grows 12% to over ₹5,500 crore
4 months, 3 weeks ago

NTPC Q1 profit grows 12% to over ₹5,500 crore

Live Mint  

State-owned NTPC on Saturday posted 12 per cent rise in consolidated net profit at ₹5,506.07 crore for the June quarter, mainly on the back of higher income. In the year-ago period, its net profit stood at ₹4,907.13 crore, the company said in an exchange filing. NTPC's consolidated power generation rose to 114 billion units in Q1 FY25 from 104 billion …

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 …

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%
5 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 …

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 …

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 …

Paytm's Q4 revenue falls 3 per cent to Rs 2,267 crore
7 months ago

Paytm's Q4 revenue falls 3 per cent to Rs 2,267 crore

India TV News  

Paytm, a payment and financial services company has reported a 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore. Paytm’s Gross Merchandise Value increased 39 per cent YoY at Rs 18.3 lakh crore in FY24. In Q4FY24, payment services revenue grew by 7 per cent YoY to Rs 1,568 crore. The user …

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 …

Tata Motors Rebounds After Monday's 9% Plunge, But Analyst Advises Caution
7 months, 1 week ago

Tata Motors Rebounds After Monday's 9% Plunge, But Analyst Advises Caution

News 18  

Tata Motors, which declined as much as nearly 9 per cent on Monday, on May 14 opened in green territory in the morning trade. On the BSE, Tata Motors’ shares rose Rs 5.65 or 0.59 per cent to close at Rs 965.2 apiece. Tata Motors’ shares on Monday declined below Rs 1,000, as its Q4 results missed Street estimates and …

Tata Motors share price: Why did automaker giant's stock plunge by 9%?
7 months, 1 week ago

Tata Motors share price: Why did automaker giant's stock plunge by 9%?

Hindustan Times  

Tata Motors share price: Tata Motors witnessed a major decline in its shares, plummeting around 9 per cent, following disappointing March quarter earnings that failed to impress investors. Tata Motors Tata Motors share prices The 30-share BSE Sensex was down by 161 points at 72,504, while the NSE Nifty was quoted 35 points lower at 22,022. Tata Motors experienced a …

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, 1 week 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 …

Tata Chemicals Q4 results: Company posts ₹841-crore net loss, announces ₹15 dividend
7 months, 3 weeks ago

Tata Chemicals Q4 results: Company posts ₹841-crore net loss, announces ₹15 dividend

Hindustan Times  

Tata Chemicals Q4 results: The 3rd-largest producer of soda ash in the world has reported a ₹841-crore net loss in the quarter, as per a filing. Tata Chemicals Q4 has posted a net loss in the quarter. Tata Chemicals EBITDA was reported at ₹443 crore, which had dropped from ₹965 crore in the year-ago period and EBITDA margin was also …

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 …

Vedanta Q4 net profit falls 27% to ₹1,369 crore
7 months, 4 weeks ago

Vedanta Q4 net profit falls 27% to ₹1,369 crore

Hindustan Times  

Anil Agarwal-led Vedanta Ltd on Thursday reported a 27.2 per cent decline in consolidated net profit to ₹1,369 crore for the March quarter on account of a one-time impairment of Tuticorin asset. The company had posted a consolidated net profit of ₹1,881 crore in the year-ago period, Vedanta said in a filing to the BSE. "Through continued cost optimisation, we …

Tata Consumer Q4 Results Live : profit falls by 19.35% YOY
7 months, 4 weeks ago

Tata Consumer Q4 Results Live : profit falls by 19.35% YOY

Live Mint  

Tata Consumer Q4 Results Live : Tata Consumer declared their Q4 results on 23 Apr, 2024. Tata Consumer has delivered 3.78% return in the last 1 week, 32.87% return in the last 6 months, and 7.96% YTD return. As of 25 Apr, 2024, out of 27 analysts covering the company, 2 analysts have given Sell rating, 6 analysts have given …

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 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 …

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 …

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 …

Tata Group stock rallies 5% after falling for 11 sessions: What changed and what to expect
8 months, 3 weeks ago

Tata Group stock rallies 5% after falling for 11 sessions: What changed and what to expect

Hindustan Times  

Tata Group stock price: Shares of Tata Investment Corporation jumped about 5% to the day's high at ₹5,940 on BSE after falling for 11 consecutive sessions. Tata Group stock price: Earlier, Tata Investment and Tata Chemicals shares were in focus as Tata Sons was expected to get listed. Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, …

TCS salary hike: Offsite employees may get 7-8%, onsite much less appraisal while top performers can expect this
9 months ago

TCS salary hike: Offsite employees may get 7-8%, onsite much less appraisal while top performers can expect this

Hindustan Times  

Tata Consultancy Services may increase the salaries for its offsite employees by an average of 7-8 percent and for its onsite employees 2-4 percent in 2024-25, it was reported. TCS salary hike: A man walks past a logo of Tata Consultancy Services before a press conference. A source quoted by the report said, “The salary increment process is nearing completion, …

TCS share price down 3% after 2.2 crore shares change hands: Will it fall or recover? Should you buy or hold?
9 months ago

TCS share price down 3% after 2.2 crore shares change hands: Will it fall or recover? Should you buy or hold?

Hindustan Times  

TCS share price: TCS share price fell 3 per cent today as markets opened following reports that Tata Sons has offered to sell 2.34 crore shares of the IT major at ₹4,001 per share through block deals to raise $1.1 billion. TCS shares traded nearly 3 per cent lower at ₹4,030.65 on the National Stock Exchange and in the previous …

Tata Motors hits 52-week high after 137% surge in Q3 profits reported
10 months, 2 weeks ago

Tata Motors hits 52-week high after 137% surge in Q3 profits reported

Hindustan Times  

Shares of Tata Motors, India's most valuable carmaker, hit a record high on Monday, rising as much as 7.2%, after it reported a more than two-fold increase in third-quarter profit, driven by strong sales in its British luxury car unit, Jaguar Land Rover. Despite global demand being a concern, with JLR's strong order book, Tata Motors is on track to …

Tata Motors Q3 Consolidated Net Profit Jumps to Rs 7025 Crore
10 months, 3 weeks ago

Tata Motors Q3 Consolidated Net Profit Jumps to Rs 7025 Crore

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker by revenues, on Friday posted more than two-fold jump in its consolidated net profit at Rs 7,025 crore for the October-December quarter from Rs 2,958 crore year ago, helped by robust demand for passenger and commercial vehicles in India, sustained growth in Jaguar Land Rover models, easing raw material costs, price hikes and a …

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 …

Tata Steel Q3 results: Net profit at ₹522 crore — Here are 5 key highlights
10 months, 4 weeks ago

Tata Steel Q3 results: Net profit at ₹522 crore — Here are 5 key highlights

Live Mint  

Tata Steel, on January 24, reported a consolidated net profit of ₹522 crore in third quarter for FY24. Here are 5 key highlights from Tata Steel Q3 FY24 results - Net Profit The company reported a consolidated net profit of ₹522 crore in third quarter for FY24, against a net loss of ₹6,511.16 crore in the second quarter for FY24. …

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