Q1 Earnings

TCS will kick-off the June quarter (Q1FY22) earnings season when it reports its numbers on July 8. The near-washed out quarter, hit by the second Covid wave, may see IT, metal, and telecom sectors emerging as winners. Watch this video to know more

In IT services, one can expect a sequential revenue decline of 5-10 per cent due to demand compression from direct hit verticals and supply-side factors.

The bank had posted a net profit of Rs 175.42 crore during the corresponding period of the previous financial year, which also was its previous high in quarterly profit, it said in a release.

IT major says pandemic impact may have bottomed out

According to the Anarock report, these nine players together achieved a sales bookings of Rs 22,800 crore in the entire 2018-19

Pre-tax profit in the June quarter increased from Rs 89 crore to Rs 219 crore, rising 147% year-on-year

The company reported a sharp 87 per cent drop in its consolidated net profit at Rs 6 crore in June quarter, due to weak revenue on deferment of spending on government projects.

Markets await more clarity on Gangwal-Bhatia spat and hope for an early resolution.

The financial year 2019-20 is likely to start on poor note for Corporate India

Strong demand, rising commodity prices improve Q1 earnings

Corporate India's earnings up 7.9% in April-June quarter, led by energy, metals and mining companies, and retail lenders

Starting this week, India Inc would again gear up for its busy quarterly earnings period. The question is if corporate India would match investor expectations. With the goods and services tax taking effect on July 1, the expectations are extremely toned down for this June quarter, the first (Q1) of financial year 2017-18. Analysts at Edelweiss expect a moderate 12 per cent revenue growth for 225 companies under its coverage, while net profit growth might dip by up to two per cent, on the back of a 262 basis points decline in operating margins. However, it is essential that at least these lowered targets are met, to keep India's position among global equities, especially emerging markets. This is particularly important when foreign investors such as UBS, CLSA and Credit Suisse question if Indian equities justify their premium valuations, as earnings growth have remained elusive for over four years in a row.In FY14, the Nifty companies were poised to post earnings per share (EPS) of Rs .