Net Profit Rises 28% YoY to Rs 4,518 crore, ARPU Grows 23.5% To Rs 177.2 - News18
2 years, 2 months ago

Net Profit Rises 28% YoY to Rs 4,518 crore, ARPU Grows 23.5% To Rs 177.2 - News18

News 18  

Reliance Jio Infocomm, a subsidiary of Reliance Industries‘ digital unit Jio Platforms, reported year-on-year growth of 28 percent in its standalone net profit at Rs 4,518 crore for the September quarter. Average revenue per user during the quarter of Rs 177.2 per subscriber per month saw a healthy 23.5 percent growth compared to year-ago period due to better seasonality and improving subscriber mix, Reliance Industries said in its BSE filing. Meanwhile, Jio Platforms clocked a healthy 26.9 percent year-on-year growth in consolidated profit at Rs 4,729 crore for the quarter ended September FY23, backed topline as well as operating performance. At the operating level, Jio Platforms recorded a 29.2 percent year-on-year increase in EBITDA at Rs 12,011 crore led by strong revenue growth and margin improvement.

Revenue Jio Reliance Industries Crore Quarter Increase Net Jio Platforms  rs  rises  grows  net  4518  arpu  quarter  jio  subscriber  yoy  revenue  increase  profit  reliance  crore  news18  yearonyear

History of this topic

Reliance Jio breaks records in 5G, India leaps ahead of many nations
2 weeks, 3 days ago

Reliance Jio breaks records in 5G, India leaps ahead of many nations

India TV News  

Reliance Jio is now the largest telecom company in India, boasting the highest number of customers in the telecom industry. The report also indicates that around 78 percent of India's population now has access to mobile services, making it easier for people to connect. Currently, there are about 93 crore mobile internet users in India, and Reliance Jio leads the …

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 …

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: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments
6 months, 3 weeks ago

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments

Live Mint  

Here are the top ten stocks that are likely to be in news on Friday: Sun Pharmaceutical Industries: The pharmaceutical company has agreed to a preferential offer to acquire a 14.28% stake in the Indian Foundation for Quality Management for ₹12.5 crore. Apollo Hospitals Enterprises: The company reported a consolidated net profit of ₹253.8 crore for the quarter ended March, …

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening
10 months ago

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening

Hindustan Times  

Jio Financial Services share: In a first, Jio Financial Services Ltd's market capitalisation exceeded ₹2 lakh crore driven by a 35 per cent surge in its share price this year while Reliance Industries hit a record high today. Reliance Industries is leading the list with a market cap of ₹20.05 lakh crore, followed by Tata Consultancy Services ₹14.78 lakh crore …

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore
11 months ago

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore

ABP News  

Reliance Industries Ltd on Friday clocked a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The company's net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December, the third quarter of the current 2023-24 fiscal, was 9.3 …

Reliance Jio Q3 net profit surges 12.2 per cent to Rs 5,208 crore, revenue rises 10.3 per cent to Rs 25,368
11 months ago

Reliance Jio Q3 net profit surges 12.2 per cent to Rs 5,208 crore, revenue rises 10.3 per cent to Rs 25,368

India TV News  

India's largest telecom operator, Reliance Jio, reported a 12.2 per cent increase in its net profit for the December quarter, reaching Rs 5,208 crore. Jio's revenue from operations also showed positive growth, rising by 10.3 per cent to Rs 25,368 crore in the third quarter, compared to Rs 22,998 crore in the year-ago period. The company's earnings before interest, taxes, …

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

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

News 18  

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

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz
1 year, 1 month ago

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz

Live Mint  

Reliance Industries Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries announced its July-September quarter results for fiscal 2023-24, reporting a rise of 27 per cent in consolidated net profit at ₹17,394 crore, compared to ₹13,656 crore in the corresponding period last year. Reliance Industries Q2 Earnings Live: RIL's media biz Revenue from operations for the segment grew 20.4 per cent …

Q2 Results impact: Jio Financial share price gains 3% as profit doubles in September quarter
1 year, 2 months ago

Q2 Results impact: Jio Financial share price gains 3% as profit doubles in September quarter

Live Mint  

Shares of Jio Financial Services rose over 3 percent to ₹232 on BSE on Tuesday after the company's profit doubled in the quarter ended September 2023 in its first results report after being carved out from Mukesh Ambani-led Reliance Industries. Its consolidated net profit surged 101.3 percent to ₹668.18 crore in the quarter under review versus ₹331.92 crore in the …

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities
1 year, 2 months ago

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities

Live Mint  

Here are the top stocks that could be in focus in today's trade: HDFC Bank: HDFC Bank Ltd on Monday reported a 51% jump in profit in the September quarter, beating analysts’ estimates, on higher other income and lower provisions. The bank saw net profit rise to ₹15,976 crore in the quarter that ended 30 September from ₹10,605 crore in …

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 …

Reliance AGM 2023: From financial performance to AI revolution, read full speech
1 year, 3 months ago

Reliance AGM 2023: From financial performance to AI revolution, read full speech

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting of the company. The inaugural Jio True5G Lab will be located at the Reliance Corporate Park, acting as the nerve centre for shaping India’s 5G future. That’s why I am so proud of our forthcoming joint venture in India with Jio Financial Services, …

Info Edge Q1 net profit rises 35% to ₹200 crore; revenue up 15% YoY
1 year, 4 months ago

Info Edge Q1 net profit rises 35% to ₹200 crore; revenue up 15% YoY

Live Mint  

Info Edge on Friday reported a standalone net profit of ₹200 crore for the first quarter of FY24, registering a growth of 34.7% from ₹148 crore in the same quarter of previous fiscal. Info Edge’s standalone revenue from operations in Q1FY24 increased 15.1% to ₹584.2 crore from ₹507.6 crore in the year-ago period. On a consolidated basis, Info Edge’s net …

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 …

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023
1 year, 5 months ago

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023

India TV News  

Jio Platforms has recorded a significant 12.5% year-over-year increase in net profit and reached up to Rs. During the reported quarter, Jio Platforms witnessed a net addition of over 90 lakh subscribers, with total data traffic soaring over 28% YoY to 33.2 billion gigabytes. Jio Platforms, which includes telecom arm Reliance Jio Infocomm and various startups, has seen significant progress …

CMS Info Systems Q1 Results: Net profit grows by 22% to ₹87 crore
1 year, 5 months ago

CMS Info Systems Q1 Results: Net profit grows by 22% to ₹87 crore

Live Mint  

CMS Info Systems released its Q1 results on 21 July and reported a 22 per cent growth in net income to ₹87 crore for the June 2023 quarter on higher revenue, the firm said in a stock regulatory filing. Apart from this, the firm said the cash logistics business' revenue rose 12 percent to ₹351 crore and gave an operating …

Infosys Q1 Results: Net profit rises 11% on year to ₹5,945 crore
1 year, 5 months ago

Infosys Q1 Results: Net profit rises 11% on year to ₹5,945 crore

Live Mint  

Infosys Q1 Results: Information Technology services major, Infosys Ltd on Thursday reported an 11% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹5,945 crore. The IT company's consolidated revenue from operations stood at ₹37,933 crores during the quarter ended June from ₹34,470 crore in Q1FY23. The company's consolidated total income for the quarter …

RIL Q1 results tomorrow; telecom, retail to lend support to earnings
1 year, 5 months ago

RIL Q1 results tomorrow; telecom, retail to lend support to earnings

Live Mint  

The June quarter results of Reliance Industries may come on the softer side due to the subdued performance of the O2C segment. For the O2C segment, Motilal also expects EBITDA at ₹18,400 crore, down 17 per cent YoY and up 2 per cent QoQ. Brokerage firm Nuvama Wealth Management expects RIL’s consolidated EBITDA to decline one per cent YoY and …

Jio pips Airtel in revenue market share in Q4 2023: TRAI
1 year, 6 months ago

Jio pips Airtel in revenue market share in Q4 2023: TRAI

Live Mint  

Mukesh Ambani's telecom company has pipped rival Bharti Airtel in revenue market share in the fourth quarter of fiscal year 2023. Ambani's Reliance Jio Infocmm's gross revenue market share shot up by 13 basis points to 41.7% between January-March 2023 while Airtel's RMS remained unchanged at 36.5%. According to a report by Economic Times, Motilal Oswal said Jio's market share …

Jio, Airtel add 19.8 lakh subscribers, Vodafone Idea loses 20 lakh users in Feb: TRAI
1 year, 7 months ago

Jio, Airtel add 19.8 lakh subscribers, Vodafone Idea loses 20 lakh users in Feb: TRAI

Live Mint  

Reliance Jio, the country’s largest telecom operator, added a little more than 10 lakh mobile subscribers in the month of February, taking its wireless subscriber tally to over 42.71 crore users as against 42.61 crore in January. As per the latest data released by Telecom Regulatory Authority of India, the Sunil Mittal-led Bharti Airtel gained 9.82 lakh mobile users during …

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore
1 year, 8 months ago

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore

Hindustan Times  

Reliance Industries has posted an 18.3 per cent jump in its profit after tax to ₹21,327 crore for the quarter ended March 31, 2023, against ₹18,021 crore in the year-ago period. The company said it achieved a record annual consolidated profit after tax at ₹74,088 crore in FY23 against ₹65,009 crore in FY22, which is up 14 per cent year-on-year. …

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore
1 year, 8 months ago

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore

Hindustan Times  

Technology giant Infosys on Thursday said its fourthn quarter net profit rose to 7.8 per cent year-on-year to ₹6,128 crore. Infosys March quarter consolidated net profit rises 7.8 pc year-on-year to ₹ 6,128 crore: Regulatory filing. The company said its March quarter consolidated revenue up by 16 per cent year-on-year at ₹37,441 crore. The company said its revenue rose 16.9 …

Telecom Subscriber Base In India Grows Marginally In January: TRAI
1 year, 8 months ago

Telecom Subscriber Base In India Grows Marginally In January: TRAI

News 18  

New Delhi, Mar 31: The telecom subscriber base in the country grew marginally to 1,170.75 million in January, driven by net customer gain in the fixed line segment, according to a sector regulator Trai report released on Friday. Even though Reliance Jio and Bharti Airtel jointly added 0.29 million new customers, the gain was offset by BSNL and Vodafone Idea …

Flat tariffs, fewer new users hit Arpu growth
1 year, 11 months ago

Flat tariffs, fewer new users hit Arpu growth

Live Mint  

Telecom operators are expected to report a slowdown in average revenue per user or Arpu growth in the December quarter, primarily because of the absence of tariff increases and lower subscriber additions during the year. Consolidated revenues at Airtel, Vodafone Idea and Jio are likely to grow 1.8%, 0.1% and 1.5% on a sequential basis to ₹ 35,098 crore Consolidated …

Reliance Jio formally launches 5G services, launch JioTrue5G powered WiFi services in Nathdwara
2 years, 2 months ago

Reliance Jio formally launches 5G services, launch JioTrue5G powered WiFi services in Nathdwara

Firstpost  

Under the Jio True5G Welcome Offer, customers with invitation only will get access to 5G service during the beta trial and be able to access unlimited data up to 1 gigabit per second. On October 1, after Prime Minister Narendra Modi launched the 5G telephony services that promise to provide ultra-high-speed internet on mobile phones, Mukesh Ambani said Reliance Jio, …

RIL Q2 net remains flat at ₹15,512 crore on volatility in oil-to-chemicals business
2 years, 2 months ago

RIL Q2 net remains flat at ₹15,512 crore on volatility in oil-to-chemicals business

The Hindu  

Reliance Industries Ltd. reported a flat consolidated net profit at ₹15,512 crore for the second quarter on account of volatility in the Oil to Chemicals business. “We saw consistent net subscriber additions and higher engagement in the Digital Services segment, ”Mukesh D. AmbaniReliance Industries Limited chairman and managing director Subscriber base rises for Jio Jio Platforms reported operating revenue of …

Reliance Jio topples BSNL; becomes largest fixed-line service provider with over 7 million subscribers
2 years, 2 months ago

Reliance Jio topples BSNL; becomes largest fixed-line service provider with over 7 million subscribers

India TV News  

Highlights This is the first time a private operator has gained the numero uno position in the wireline segment BSNL has been providing wireline services since the last 22 years Jio, on the contrary, launched its wireline offering 3 years ago Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the …

India's Reliance Jio selects Nokia as equipment provider in 5G push
2 years, 2 months ago

India's Reliance Jio selects Nokia as equipment provider in 5G push

The Hindu  

Indian telecom service provider Reliance Jio has chosen Nokia as a major supplier, the Finnish telecom equipment maker said on Monday, as India's biggest mobile carrier gears up to expand next-generation wireless services across the country. Nokia will supply Reliance Jio, which has more than 420 million customers, with 5G radio access network equipment in a multi-year deal, the company …

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 …

Telecom sector set for speedy growth in run up to 5G launch
2 years, 3 months ago

Telecom sector set for speedy growth in run up to 5G launch

Live Mint  

The telecom sector continued to make progress in augmenting its network capacity with additional fiber and wireless deployments to meet the constant demand for higher-speed networks in 2021. The key differential was a pan-India bid for a 700 MHz spectrum band by Jio to fortify its indoor coverage strength and possibly expand fixed wireless access for home broadband services later, …

Infosys Q1 Results: Net Profit Rises 3.2% YoY To Rs 5,360 Crore; Revenue Up 23.6%
2 years, 5 months ago

Infosys Q1 Results: Net Profit Rises 3.2% YoY To Rs 5,360 Crore; Revenue Up 23.6%

News 18  

Infosys Q1FY23 Results: IT major Infosys on Sunday reported a consolidated net profit of Rs 5,360 crore for the June 2022 quarter, a growth of 3.2 per cent as compared with Rs 5,195 crore in the year-ago quarter. Sequentially, Infosys’ net profit declined 5.7 per cent as compared with Rs 5,686 crore in the March 2022 quarter. The Bengaluru-based IT …

Net Profit Rises 24%, Topline 21.6% On Higher Per-User Revenue - News18
2 years, 5 months ago

Net Profit Rises 24%, Topline 21.6% On Higher Per-User Revenue - News18

News 18  

Reliance Jio Infocomm, a subsidiary of Jio Platforms, reported a year-on-year growth of 23.8 percent in its standalone net profit of Rs 4,335 crore for the quarter ended June 2022 compared to Rs 3,501 crore achieved a year ago. The company recorded revenues of Rs 21,873 crore for the reported quarter, which is a growth of 21.6 percent from Rs …

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 …

5G Auction: Jio Submits Earnest Money of Rs 14,000 Crore to DoT; Adani Group Deposits Rs 100 Crore
2 years, 5 months ago

5G Auction: Jio Submits Earnest Money of Rs 14,000 Crore to DoT; Adani Group Deposits Rs 100 Crore

News 18  

New Delhi, Jul 18: As the race for 5G spectrum auction heats up, billionaire Mukesh Ambani's Reliance Jio has made a Rs 14,000-crore earnest money deposit while rival Adani group made a modest Rs 100 crore deposit. According to information released by the Telecom Department on Monday as part of the list of pre-qualified bidders, Reliance Jio has submitted an …

Reliance Jio adds 31 lakh new mobile users in May, says TRAI data
2 years, 5 months ago

Reliance Jio adds 31 lakh new mobile users in May, says TRAI data

Live Mint  

Private telecom operator firm Reliance Jio has cemented its lead in the Indian telecom market as it gained over 31 lakh mobile subscribers in May, says the sector regulator on 19 July. According to monthly subscriber data by Telecom Regulatory Authority of India, Reliance Jio gained 31.11 lakh wireless subscribers, taking its mobile customer count to 40.87 crore. Earlier on …

Reliance share price: India's most valuable company gains big
2 years, 5 months ago

Reliance share price: India's most valuable company gains big

India Today  

Reliance Industries share price on Thursday jumped 1.4 per cent as India's most valuable company provided the biggest boost to the blue-chip indexes. The jump in Reliance's share price came after billionaire Mukesh Ambani decided to step down from the telecoms arm of Reliance Industries, handing the reins to his son Akash and setting the stage for a leadership transition …

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 …

Reliance Jio Posts Net Profit Of Rs 4,173 crore, Largely In Line With Estimates
2 years, 7 months ago

Reliance Jio Posts Net Profit Of Rs 4,173 crore, Largely In Line With Estimates

News 18  

Reliance Jio, the telecom arm of Reliance Industries Ltd, on Friday reported a net profit of Rs 4,173 crore for the fourth quarter of the 2021-22 financial year that ended on March 31, 2022. A CNBC-TV18 poll had predicted a net profit of Rs 4,400 crore for the quarter under review. India’s largest telecom operator has reported earnings before tax, …

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 vs Infosys Q4 results: Who performed better during Covid-19 pandemic?
2 years, 8 months ago

TCS vs Infosys Q4 results: Who performed better during Covid-19 pandemic?

India Today  

Tata Consultancy Services and Infosys have announced their results for the fourth quarter of financial year 2021-22 that ended on March 31. PROFIT India's largest IT firm, TCS, has reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore. India's second-largest software services company, Infosys, saw its net profit in the March quarter surge …

Infosys Q4 Net Profit Jumps 12% YoY to Rs 5,686 Crore; Revenue Up 22.7%; Dividend Declared
2 years, 8 months ago

Infosys Q4 Net Profit Jumps 12% YoY to Rs 5,686 Crore; Revenue Up 22.7%; Dividend Declared

News 18  

IT major Infosys on Wednesday reported a consolidated net profit of Rs 5,686 crore for the March 2022 quarter, a growth of 12 per cent as compared with Rs 5,076 crore in the year-ago quarter. The company’s total operating expenses during January-March 2022 increased 12.6 per cent to Rs 3,048 crore, compared with Rs 2,707 crore a year ago, according …

Infosys Q4 results: Net profit up 12%, FY23 revenue growth seen at 13-15%
2 years, 8 months ago

Infosys Q4 results: Net profit up 12%, FY23 revenue growth seen at 13-15%

Live Mint  

India's second largest IT services exporter Infosys Ltd's consolidated net profit rose 12% to ₹5,686 crore for the March quarter. A Bloomberg consensus estimate expected Infosys to post a net profit of ₹5,961 crore, while revenues were seen at ₹32,709 crore for the March quarter. “Infosys delivered highest annual growth in a decade with broad-based performance driven by deeply differentiated …

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 …

Vodafone Idea Losses Continue in Its Third Quarter of 2021
2 years, 11 months ago

Vodafone Idea Losses Continue in Its Third Quarter of 2021

News 18  

New Delhi, Jan 21: Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. Its subscriber base declined to 24.72 crore from 26.98 crore in the same quarter a year ago because of tariff hikes by the company. Despite tariff hikes, average revenue per user during …

Reliance posts best quarterly performance, net profit at Rs 18,549 crore in Q3
2 years, 11 months ago

Reliance posts best quarterly performance, net profit at Rs 18,549 crore in Q3

India Today  

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported its best-ever quarterly performance in October-December 2021, helped by an uptick in two 'Rs' -- refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from the sale of US shale gas business. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose 35.6 per cent sequentially and 41.5 …

Infosys Q2 Net up 11.9%, raises revenue outlook on strong deal pipeline
3 years, 2 months ago

Infosys Q2 Net up 11.9%, raises revenue outlook on strong deal pipeline

India TV News  

Infosys Ltd, India's second-largest IT services company, on Wednesday reported better-than-expected 12 per cent rise in its second-quarter net profit on more contracts from global businesses, a reason that also led to it raising its annual revenue outlook. Net profit in July-September at Rs 5,421 crore, or Rs 12.88 a share, was 11.9 per cent higher than Rs 4,845 crore …

Jio, Airtel add mobile subscribers in July, VIL loses 14.3 lakh users: Trai data
3 years, 3 months ago

Jio, Airtel add mobile subscribers in July, VIL loses 14.3 lakh users: Trai data

Firstpost  

Reliance Jio gained 65.1 lakh subscribers in July cementing its market lead, while Bharti Airtel added 19.42 lakh customers during the month. New Delhi: India’s largest telecom operator Reliance Jio added mobile subscribers at a scorching pace in July, outpacing rivals, and Airtel also spruced up its user tally, even as Vodafone Idea lost 14.3 lakh customers, according to data …

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