Q2 results today: Tech Mahindra, Axis Bk, Jubilant Food, others to post earnings
1 year, 1 month ago

Q2 results today: Tech Mahindra, Axis Bk, Jubilant Food, others to post earnings

Live Mint  

Q2 results today: This week, numerous companies are scheduled to release their Q2FY24 scorecards. Investors are focused on major players like Tech Mahindra Ltd, Axis Bank Ltd, Jubilant Foodworks Ltd, Welspun India Ltd, Network18 Media & Investments Ltd, and Indus Towers Ltd. "Exciting news! Axis Bank The private sector lender is expected to report decent profit growth with a rise in net interest income, but margins are likely to remain under pressure, in line with a broader trend in the overall banking sector. Axis Bank is expected to see a 12% year-on-year rise in its net profit in the quarter ended September 2023 to ₹5,970 crore from ₹5,329.8 crore in the corresponding quarter of last year. Tech Mahindra announced its April-June quarter results for fiscal 2023-24 on July 26, reporting a decline of 38 per cent in consolidated net profit at ₹692.5 crore, compared to ₹1,131 crore in the year-ago period.

Tech Crore Quarter Net Results Today Tech Mahindra Q2 Results Q2 Results Today  tech  q2  results  today  food  bk  expected  mahindra  post  crore  earnings  companies  sector  jubilant  net  quarter

History of this topic

Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide?
1 month ago

Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide?

Live Mint  

A few stocks on Dalal Street continue to face extended sell-off pressure due to a variety of factors, including weak financial performance, rising competition, softening demand, and macroeconomic headwinds. Second consecutive quarter of profit The company reported revenue from services at ₹2,190 crore in Q2FY25, marking a 13% YoY growth compared to ₹1,942 crore in Q2FY24. This growth was primarily …

Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY
Trending News
1 month, 1 week ago

Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY

Live Mint  

Delhivery Q2 Results 2024:Delhivery declared their Q2 results on 14 Nov, 2024, showcasing a topline increase of 12.77% year-on-year. Despite the positive quarterly results, Delhivery has faced challenges in the stock market, delivering a return of -6.6% in the past week, -26.59% over the last six months, and -15.08% year-to-date. The consensus recommendation as of 15 Nov, 2024, is to …

Q2 Results Today: Hero MotoCorp, Lemon Tree Hotels, HAL, Glenmark Pharma among 1181 companies to post earnings on Nov 14
1 month, 1 week ago

Q2 Results Today: Hero MotoCorp, Lemon Tree Hotels, HAL, Glenmark Pharma among 1181 companies to post earnings on Nov 14

Live Mint  

In a highly anticipated day for earnings announcements, major players, including Hero MotoCorp, Lemon Tree Hotels, Hindustan Aeronautics Ltd, and Glenmark Pharmaceuticals, are set to reveal their second-quarter financial results for the quarter ending September 30, 2024. 1,181 firms that will post Q2FY2025 earnings First Custodian Fund, Fourth Generation Information Systems, A2Z Infra Engineering, Akar Auto Industries, Aarcon Facilities, Aarey …

Q2 results today: Eicher Motors, Vodafone Idea, Apollo Tyres, Godrej Industries, Sun TV, Torrent Power & more on Nov 13
1 month, 1 week ago

Q2 results today: Eicher Motors, Vodafone Idea, Apollo Tyres, Godrej Industries, Sun TV, Torrent Power & more on Nov 13

Live Mint  

Q2 results today on November 13: At least 579 companies are set to release their July-September quarter financial results today, on Wednesday, November 13, according to BSE data. Companies including Eicher Motors, Vodafone Idea, Apollo Tyres, Godrej Industries, Sun TV, Torrent Power, Thermax, and Kalyan Jewellers among others will declare their Q2FY25 earnings today, on November 13. Q2 results today …

Q2 results today: ONGC, Hindalco, Britannia, Shree Cements, Bank of India, NMDC, Ramco Cements, UPL, Blue Dart and more
1 month, 1 week ago

Q2 results today: ONGC, Hindalco, Britannia, Shree Cements, Bank of India, NMDC, Ramco Cements, UPL, Blue Dart and more

Live Mint  

Q2 results today on November 11: At least 305 companies are set to release their July-September quarter financial results today, on Monday, November 11, according to BSE data. Companies including ONGC, Hindalco, Britannia, Shree Cements, Jubilant Foodworks, Bank of India, NMDC, and Ramco Cements among others will declare their Q2FY25 earnings today, on November 11. Q2 results today — Monday, …

Q2 results: ONGC, Hyundai Motor, Glenmark Pharma, Grasim Industries among companies to declare earnings next week
1 month, 1 week ago

Q2 results: ONGC, Hyundai Motor, Glenmark Pharma, Grasim Industries among companies to declare earnings next week

Live Mint  

Traders and investors investing in the Indian markets are expected to focus on macroeconomic data and the final phase of the July to September quarter results. The week ahead has several important companies poised to announce their second-quarter results as we move towards the last phase of the earnings season. Here's the list of Q2 results next week Monday, November …

Q2 results today: Asian Paints, Divis Labs, TVS Electronics, Aurobindo Pharma & Uttkarsh Small Finance Bank among others
1 month, 2 weeks ago

Q2 results today: Asian Paints, Divis Labs, TVS Electronics, Aurobindo Pharma & Uttkarsh Small Finance Bank among others

Live Mint  

Q2 results today on November 9: At least 88 companies are set to release their July-September quarter financial results today, on Friday, November 9, according to BSE data. Companies including Asian Paints, Divis Labs, TVS Electronics, and Uttkarsh Small Finance Bank among others will declare their Q2FY25 earnings on November 9. Q2 results today — Friday, November 9 Utkarsh Small …

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 …

Q2 Results Today: LIC, SBI, Tata Motors, Ashok Leyland, MRF, Vedanta among 174 companies to post earnings on November 8
1 month, 2 weeks ago

Q2 Results Today: LIC, SBI, Tata Motors, Ashok Leyland, MRF, Vedanta among 174 companies to post earnings on November 8

Live Mint  

Q2 Results Today: State Bank of India, Life Insurance Corporation of India, Tata Motors, Ashok Leyland, Vedanta and MRF will be closely watched on Friday as they report their earnings for the quarter ended September 30, 2024. List of 174 companies to post earnings Over 170 companies are slated to post earnings today. 3C IT Solutions and Telecoms, Aarti Industries, …

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore
1 month, 2 weeks ago

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore

The Hindu  

Mahindra & Mahindra Ltd reported 35% growth in consolidated net profit at ₹3,171 crore for the second quarter ended September 30, 2024, as compared with ₹2,348 crore in the year-ago period due to strong performance of all its businesses. Services business delivered 1.8 times net profit as compared to the year ago period, the company said. The auto business reported …

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY
1 month, 2 weeks ago

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY

Live Mint  

Mahindra & Mahindra Ltd on Thursday, November 7 reported a 35% year-on-year jump in its consolidated net profit to ₹3,171 crore for the second quarter of FY25. Meanwhile, the auto major's consolidated revenue from operations grew 10% YoY to ₹37,689 crore in Q2 FY24 from ₹34,281 crore in Q2 FY24. Automobile Segment Mahindra’s Auto segment revenue in Q2 FY25 grew …

Indian Stock Market Makes a Strong Comeback, with Nifty 50 and Sensex Up 0.65%
1 month, 3 weeks ago

Indian Stock Market Makes a Strong Comeback, with Nifty 50 and Sensex Up 0.65%

Live Mint  

Indian stock market shows positive signs on Monday, with the Nifty 50 and Sensex indices making a strong comeback. NTPC Green Energy IPO receives final observation from SEBI, while Tata Technologies and Suzlon Energy report positive results. Sun Pharma and LIC Housing Finance also report significant increases in their net profits.

Indian Companies to Announce Second-Quarter Earnings Next Week: Analysts
1 month, 3 weeks ago

Indian Companies to Announce Second-Quarter Earnings Next Week: Analysts

Live Mint  

Second quarter earnings season underway in India, with up to 392 companies expected to announce their results this week. Notable names include Bharti Airtel, Maruti Suzuki, Suzlon Energy, L&T, Dabur India, Adani Ports, Cipla, and Sun Pharma, among others. Analysts anticipate a subdued second quarter for India Inc., potentially marking the slowest growth in over four years, with Nifty earnings …

Q2 Results Today: A Wave of Corporate Announcements
1 month, 4 weeks ago

Q2 Results Today: A Wave of Corporate Announcements

Live Mint  

Q2 results for several major companies are expected to be released today, impacting the Indian stock market. The domestic equity benchmark indices are expected to open on a cautious note, with the Nifty 50 closing down by 0.15% and the Sensex finishing trading with a decrease of 0.17%. The Indian stock market witnessed a marginally lower closing on Wednesday, October …

Zomato, Bajaj Finance, Paytm, Adani Green Energy among 70 companies to post Q2 earnings
2 months ago

Zomato, Bajaj Finance, Paytm, Adani Green Energy among 70 companies to post Q2 earnings

Live Mint  

Some 70 companies will release their earnings for the second quarter of the current fiscal (Q2FY25) on Tuesday, October 22. Top companies reporting their results today include Zomato, Bajaj Finance, Paytm, Adani Green Energy, Persistent Systems, Amber Enterprises India, Aditya Birla Real Estate, Paytm and Indus Towers.

Tech Mahindra's Transformation: A Gradual Rise, But Challenges Remain
2 months ago

Tech Mahindra's Transformation: A Gradual Rise, But Challenges Remain

Live Mint  

Tech Mahindra's Q2FY25 performance shows a gradual revival, with key verticals like communication, hi-tech, and BFSI seeing positive growth. However, concerns remain about near-term headwinds, including the US telecom market's sluggish growth and the overall macro environment's softness. The company's valuation is expensive, trading at 26 times estimated FY26 earnings, which is in line with its larger competitors. The stock's …

Q2 Results on the Horizon: A Wave of Corporate Announcements
2 months ago

Q2 Results on the Horizon: A Wave of Corporate Announcements

Live Mint  

Q2 results of several major companies are expected to be released today, impacting the Indian stock market. The Nifty 50 gained 0.42%, while the Sensex gained 0.27%. Vinod Nair, Head of Research, Geojit Financial Services, expressed concerns about muted Q2 earnings expectations and elevated valuations, acting as a headwind for the market.

Q1 results today: State Bank of India, JK Tyre, Ramco Industries, Divis Laboratories, Eveready & more to report earnings
4 months, 2 weeks ago

Q1 results today: State Bank of India, JK Tyre, Ramco Industries, Divis Laboratories, Eveready & more to report earnings

Live Mint  

Q1 results today on August 3: At least 28 companies are scheduled to release their first quarter financial results today, on Saturday, August 3. Companies to post Q1 results today — August 3 State Bank of India, JK Tyre and Industries, Sarda Energy and Minerals, Savita Oil Technologies, Nucleus Software Exports, Siyaram Silk Mills, Ramco Industries, Kuantum Papers, Jay Bharat …

Q1 2024-25 results today: ICICI Bank, PNB, IDFC First Bank, Dr. Reddy's Laboratories, REC, MCX, check full list
4 months, 3 weeks ago

Q1 2024-25 results today: ICICI Bank, PNB, IDFC First Bank, Dr. Reddy's Laboratories, REC, MCX, check full list

Hindustan Times  

Around 30 companies are slated to announce their first quarter results for the financial year 2024-25 on Saturday, July 27. These include companies like ICICI Bank, IDFC Bank, REC Ltd, and Dr. Reddy's Laboratories. 3P Land Holdings, Alankit, Alkali Metals, Anant Raj, Asahi Songwon Colors, BWL, Dr. Reddy's Laboratories, Finolex Industries, Genus Power Infrastructures, Gujarat Cotex, ICICI Bank, IDFC First …

Tech Mahindra net profit up 23% to Rs 851 cr; revenue from ops down 1.2% at Rs 13,159 cr
4 months, 4 weeks ago

Tech Mahindra net profit up 23% to Rs 851 cr; revenue from ops down 1.2% at Rs 13,159 cr

New Indian Express  

BENGALURU: Tech Mahindra on Thursday reported a 23% increase in its consolidated net profit at Rs 851.5 crore for the June quarter as against Rs 692.5 crore in the year-ago period. The company’s revenue from operations in the quarter stood at Rs 13,005 crore, down 1.2% YoY, compared to Rs 13,159 crore in the same quarter last year. Mohit Joshi, …

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 …

Here’s Why Analysts Are Bullish On This Mahindra Group Stock After Q4 Results
7 months, 2 weeks ago

Here’s Why Analysts Are Bullish On This Mahindra Group Stock After Q4 Results

News 18  

Brokerage firms are bullish on Tech Mahindra’s stock and have upgraded their ratings for the shares after the company released its results for the fourth quarter of FY24. Post the January-March quarter results, the number of ‘buy’ recommendations for Tech Mahindra stock has risen from 14 to 21. The IT firm’s consolidated revenue from operations dropped 6.2 per cent year-on-year …

Tech Mahindra profit down 41%; sees turnaround
7 months, 4 weeks ago

Tech Mahindra profit down 41%; sees turnaround

New Indian Express  

BENGALURU: Tech Mahindra CEO and MD Mohit Joshi on Thursday at a post-earnings analyst call laid down a three-year road map and said FY25 will be a 'turaround phase', FY26 will be ‘stabilisation phase’ and FY27 will be ‘Reaping returns’. Tech Mahindra on Thursday posted a 41% YoY fall in its net profit for the March quarter at Rs 661 …

Q4 results today: Tech Mahindra, Bajaj Finance, Mphasis, ACC, Nestle, and others to report Q4 results today; check list
7 months, 4 weeks ago

Q4 results today: Tech Mahindra, Bajaj Finance, Mphasis, ACC, Nestle, and others to report Q4 results today; check list

Hindustan Times  

Q4 results today: The results season is in full swing and a huge number of companies are all set to declare their fourth quarterly results today. Tech Mahindra, Bajaj Finance, Indusind Bank, Nestle, ACC, Mphasis, Coromandel International, Laurus Labs, Cyient, and many others will announce their Q4 results today, April 25. Tech Mahindra, Bajaj Finance, Mphasis, ACC to Nestle and …

Tech Mahindra's 3-year roadmap: CEO says FY25 will be turnaround phase
7 months, 4 weeks ago

Tech Mahindra's 3-year roadmap: CEO says FY25 will be turnaround phase

New Indian Express  

BENGALURU: Financial Year 2025 will be a 'turnaround phase' for Tech Mahindra as CEO and MD Mohit Joshi on Thursday at a post-earnings analyst call laid down a three-year roadmap and said FY26 will be 'stabilisation phase' and FY27 will be ‘Reaping returns’. Joshi, who was earlier with Infosys, joined Tech Mahindra last year, and addressing a media conference here …

Q4 results this week: Reliance, Maruti Suzuki among firms to declare earnings. Check full list here
8 months ago

Q4 results this week: Reliance, Maruti Suzuki among firms to declare earnings. Check full list here

Hindustan Times  

Q4 results this week: Reliance Industries, Bajaj Finance, Tech Mahindra, Nestle India, HCL Technologies, Maruti Suzuki, are among key companies that are set to release their quarterly results this week. Q4 results on April 24: On Wednesday this week, companies including Hindustan Unilever, Axis Bank, LTIMindtree, Macrotech Developers, Indian Hotels Company, Oracle Financial Services Software, AU Small Finance Bank, Dalmia …

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

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

Hindustan Times  

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

Tech Mahindra profit falls 61% to Rs 510 crore
10 months, 4 weeks ago

Tech Mahindra profit falls 61% to Rs 510 crore

New Indian Express  

BENGALURU: IT major Tech Mahindra on Wednesday reported a 60.6% year-on-year fall in net profit at Rs 510 crore in the December quarter compared to Rs 1,296.6 crore in the year-ago period. Mohit Joshi, MD and CEO, Tech Mahindra, said, “The quarter was a mixed outcome, with growth in the Manufacturing and Healthcare segments but muted spending in areas like …

Stocks to Watch: Axis Bank, TechM, TCS, IRM Energy, Jubilant Foodworks
1 year, 1 month ago

Stocks to Watch: Axis Bank, TechM, TCS, IRM Energy, Jubilant Foodworks

Live Mint  

Here are the top stocks that could be in focus in today's trade: Axis Bank: Axis Bank Ltd on Wednesday reported a net profit of ₹5,863 crore in the second quarter of FY24 registering a 10% growth from ₹5,329.8 crore in the corresponding quarter of last year. Jubilant Foodworks: Jubilant Foodworks Ltd on Wednesday reported a 26.1% decline in its …

Tech Mahindra Q2 Preview: Expect muted set of numbers; Key factors to look out
1 year, 1 month ago

Tech Mahindra Q2 Preview: Expect muted set of numbers; Key factors to look out

Live Mint  

Tech Mahindra Q2 Preview: Pune-based IT major, Tech Mahindra Ltd, will report its Q2 results on Wednesday, October 25. "While the industry has witnessed an uptick in order inflow over the past two months with a focus on cost efficiency, the slowdown in project-based business is expected to hamper overall industry growth," said brokerage Motilal Oswal Financial Services in its …

Mahindra Logistics Q2 Results: Net loss at ₹15 crore, revenue up 2.9%
1 year, 2 months ago

Mahindra Logistics Q2 Results: Net loss at ₹15 crore, revenue up 2.9%

Live Mint  

Mahindra Logistics on 23 October announced their quarterly results for September of FY 2023-24 and said that the firm attained a loss of ₹15.5 crore against the profit of ₹11.9 crore achieved in the same period in FY 2022-23. Though the revenue was up 2.9 percent at ₹1,364.8 crore in Q2FY24 in comparison to ₹1,326.3 crore in the same period …

Q2 Results today: Bajaj Auto, Wipro, IndusInd Bank, 29 others to post earnings
1 year, 2 months ago

Q2 Results today: Bajaj Auto, Wipro, IndusInd Bank, 29 others to post earnings

Live Mint  

Q2 Results today: The quarterly earnings season is in full swing and today 32 companies will be reporting its earnings. Here's the list of some of the companies that will report their Q2FY24 numbers today - 5paisa, Astral, Alpha Ind, Bajaj Auto, Bandhan Bank, DPL, Gujarat Cotex, Heritage Food, Himachal Fibres, ICICI General Insurance, IIFL, IndusInd Bank, LTI Mindtree, OFSS, …

IndusInd Bank Q2 results preview: Stable margin, healthy growth in revenue
1 year, 2 months ago

IndusInd Bank Q2 results preview: Stable margin, healthy growth in revenue

Live Mint  

IndusInd Bank is likely to announce healthy Q2FY24 earnings with stable margin and asset quality and a healthy year-on-year growth in revenue and profit after tax numbers. In the first quarter of the current financial year, IndusInd Bank reported a standalone net profit of ₹2,123.6 crore, registering a growth of 32.5 per cent from ₹1,603.29 crore in the same quarter …

TCS results on expected lines; Can Infy, HCL Tech do this to reverse IT trend?
1 year, 2 months ago

TCS results on expected lines; Can Infy, HCL Tech do this to reverse IT trend?

Live Mint  

Q2 results 2023: After announcement of TCS results for Q2FY24, market observers and investors are eagerly awaiting for the announcement of Infosys results and HCL Technologies results today. As TCS results for Q2 2023 were in line with the market expectations, Dalal Street is abuzz about other two IT majors meeting the market expectations. Decoding the TCS Q2 results 2023, …

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 Today: Profit, Revenue Growth Likely To Be Muted; Know Key Things To Watch Out For
1 year, 2 months ago

TCS Q2 Results Today: Profit, Revenue Growth Likely To Be Muted; Know Key Things To Watch Out For

News 18  

TCS Q2 Results To Be Out Today: Tata Consultancy Services, India’s largest IT services provider, will on Wednesday kick-start the Q2 earnings season. Update: TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared Forecasting a single-digit growth, brokerage firm Kotak Instiutional Equities in its report said, “We forecast marginal revenue growth due …

HCL Tech Q2 Results Preview: IT major may cut revenue guidance to 4-6%
1 year, 2 months ago

HCL Tech Q2 Results Preview: IT major may cut revenue guidance to 4-6%

Live Mint  

HCL Tech Q2 result preview: HCL Technologies will announce its July-September quarter results for fiscal 2023-24 on Thursday, October 12 along with its IT peer Infosys. D-Street analysts and domestic brokerages widely expect India's third largest IT services major to report softer growth in the September quarter and reduce its revenue guidance to 4-6 per cent from 6-8 per cent. …

Tech Mahindra’s turnaround in the offing; ICICI Securities upgrades stock to Buy
1 year, 3 months ago

Tech Mahindra’s turnaround in the offing; ICICI Securities upgrades stock to Buy

Live Mint  

Tech Mahindra share price gained over a percent to hite a fresh 52-high of ₹1,310.80 apiece on the BSE Friday. Brokerage firm ICICI Securities has upgraded its rating on Tech Mahindra to ‘Buy’ from ‘Sell’ and has increased its target price on the stock to ₹1,552 per share from ₹910 earlier. “We believe, EBIT margin improvement is a low hanging …

Tech Mahindra Q1 Results: Headcount plunges 9% by 4,103 in June quarter
1 year, 4 months ago

Tech Mahindra Q1 Results: Headcount plunges 9% by 4,103 in June quarter

Live Mint  

Tech Mahindra announced the June quarter results on Wednesday and reported a 13 percent IT attrition rate for Q1FY24, a 9 percent increase from 22 percent in the corresponding quarter of last year. On a QoQ basis, the attrition rate dropped to 13 percent from 15 percent and since the first quarter of fiscal year 2023, the IT major has …

Tech Mahindra Q1 Results: Five key takeaways from IT major’s earnings
1 year, 4 months ago

Tech Mahindra Q1 Results: Five key takeaways from IT major’s earnings

Live Mint  

Tech Mahindra's Q1FY24 numbers came weak on expected lines. Here are five key highlights from Tech Mahindra's Q1 results: Subdued key numbers The company said its revenue for Q1FY24 fell 4.1 per cent quarter-on-quarter but rose 3.5 per cent year-on-year to ₹13,159 crore. Tech Mahindra's EBITDA for Q1FY24 came at ₹1,338 crore, down 33.8 per cent QoQ and 28.8 per …

Tech Mahindra Q1 Results: Net profit drops 38% to ₹692.3 cr, revenue up 3.5%
1 year, 4 months ago

Tech Mahindra Q1 Results: Net profit drops 38% to ₹692.3 cr, revenue up 3.5%

Live Mint  

Tech Mahindra Q1 Results: Tech Mahindra announced its April-June quarter results for fiscal 2023-24 on July 26, reporting a decline of 38 per cent in consolidated net profit at ₹692.5 crore, compared to ₹1,131 crore in the year-ago period. The IT major's consolidated revenue from operations during the first quarter of current fiscal stood at ₹13,159 crore, reporting a rise …

Q1 results 2023: Wipro, Federal Bank, Unitech, others to declare earnings today
1 year, 5 months ago

Q1 results 2023: Wipro, Federal Bank, Unitech, others to declare earnings today

Live Mint  

Q1 results today: Quarterly results are one of the prominent events that stock market observers and investors remain highly vigilant because it gives them concrete fundamental cue about the financial condition of the listed entity. Wipro Ltd is set to declare Q1 results 2023 today but there are some more company results expected today and one should remain vigilant about …

Tech Mahindra records 26% drop in Q4 PAT to ₹1,118 cr, declares dividend
1 year, 7 months ago

Tech Mahindra records 26% drop in Q4 PAT to ₹1,118 cr, declares dividend

Live Mint  

Tech Mahindra missed street's estimates as the company's bottom-line recorded double-digit decline in the fourth quarter of FY23. Tech Mahindra has declared a final dividend of ₹32 per share for fiscal year ended March 31, 2023. Further, consolidated EBITDA stood at ₹2,021 crore -- recording a drop of 5.7% QoQ, and 3.2% YoY In the top-line front, consolidated revenue from …

India's Q2 GDP Data Today: Key Things To Watch Out For In Latest Economic Growth Numbers
2 years ago

India's Q2 GDP Data Today: Key Things To Watch Out For In Latest Economic Growth Numbers

News 18  

India’s Q2FY23 GDP Growth: India’s GDP data for the July-September 2022 quarter will be released today at 5.30 pm. Analysts expect India’s gross domestic product to have grown in the range of 5.8 per cent and 7.2 per cent during the second quarter of 2022-23, which is lower than the previous quarter. Now, in the Q2FY23, manufacturing growth based on …

Contrasting Q2 stories of two tech giants of India
2 years, 2 months ago

Contrasting Q2 stories of two tech giants of India

Live Mint  

Information technology services provider Wipro Ltd’s stock closed 7% lower on Thursday. View Full Image Fall behind Small Indian cinemas take on big Hollywood studios Premium trumps regular in demand for consumer durables How to transfer shares from a demat account to another “Wipro’s turnaround story is faltering," said analysts at Ambit Capital Pvt. Third, “Overall Ebit margin has fallen …

Tech Mahindra’s attrition rate to ease further, says CP Gurnani
2 years, 4 months ago

Tech Mahindra’s attrition rate to ease further, says CP Gurnani

Live Mint  

IT investors have been concerned about the elevated attrition levels that listed Indian technology firms are witnessing amid robust demand. Large cap IT companies Infosys Ltd, Tata Consultancy Services Ltd and HCL Technologies Ltd saw a futher increase in attrition rate in Q1FY23. The company saw attrition rate, measured on the last 12 months basis come down by 200 basis …

TCS, Infosys, HCL Tech: Indian IT Companies' Growth Expected To Pick Up In June Quarter Results
2 years, 5 months ago

TCS, Infosys, HCL Tech: Indian IT Companies' Growth Expected To Pick Up In June Quarter Results

News 18  

Even as the earnings season for the June 2022 quarter starting this week with IT company TCS first declaring its financial results on Friday, analysts said the growth of Indian IT companies is expected to pick up in the first quarter, barring weakness in a few companies due to company-specific events. We expect Wipro to guide for 1-3 per cent …

Tech Mahindra shares rally nearly 6% on Q1 profit
4 years, 4 months ago

Tech Mahindra shares rally nearly 6% on Q1 profit

Live Mint  

Tech Mahindra shares on Tuesday rallied nearly 6% after the IT company reported 1.35% gain in net profit for the first quarter of fiscal year 2021. Tech Mahindra has recorded 1.35% rise in June quarter net profit at Rs972.3 crore amid the Covid-19 pandemic. “We are witnessing a wave of new-age technologies being adopted by the customers as businesses across …

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