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Q3 Results
US-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a better-than-expected growth with its revenue rising 7.3 per cent year-over-year to USD 5,415 million for the quarter ended September 2025. In the last quarter, the company had guided its third-quarter revenue to be between USD 5.27-5.35 billion. Cognizant which follows a January-December financial year had earned a revenue of USD 5,044 million in Q3 2024. The Nasdaq-listed IT services firm raised the lower end of its full-year revenue growth forecast, pegging it at USD 21.05-21.10 billion, as against USD 20.7-21.1 billion earlier. Cognizant CEO Ravi Kumar S said this marks the company's fifth consecutive quarter of year-over-year organic revenue growth, and its strongest sequential organic growth since 2022. We maintained our large deal momentum, signing six large deals in the quarter, bringing our year-to-date total to 16, with 40 per cent growth in large deal TCV (Total ..
British FMCG major Reckitt on Wednesday said implementation of new GST slabs in India impacted its net revenue growth in the September quarter. However, the company reported volume-led growth in its germ protection brand Dettol in markets, including India, which helped it grow by double digits in the quarter. Besides, in the Intimate Wellness category, its brand Durex continued to gain market share in India, Reckitt said in its earnings statement. "We continued to drive encouraging sell-out performance in India, whilst LFL net revenue growth (low single digit) was impacted by the GST regime change in September. This resulted in a shift of trade orders to Q4," said Reckitt. However, this short-term disruption, Reckitt said, its "like-for-like (LFL) net revenue growth in India remains high single digit through 2025 YTD. Reckitt operates in the Indian market with power brands, which include Lysol, Vanish, Strepsils, Veet, Dettol, Harpic, and Durex. Leading FMCG makers in India repor
Insolation Energy on Monday reported a 60.89 per cent rise in its net profit to Rs 65 crore in the October-March period of FY25, against the same period a year ago. The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing. Revenue from operations increased by 57.3 per cent to Rs 721.7 crore from Rs 458.8 crore during the period under review. Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan. The company currently operates two manufacturing units, with a third facility set to become operational within the next two months.
Telecom service providers reported a 14.07 per cent increase in their gross revenue to Rs 96,390 crore in the December quarter on a year-on-year basis, according to data published by telecom regulator Trai on Thursday. The telecom service providers (TSPs) had registered a gross revenue of Rs 84,500 crore in the year-ago period. According to Indian Telecom Services Performance Indicators for October-December, telecom service providers adjusted gross revenue (AGR), revenue from telecom services on which government calculates its levies, grew 14.89 per cent to Rs 77,934 crore during the period on a year-on-year basis from Rs 67,835 crore. While Reliance Jio led the chart with highest AGR of Rs 28,542.76 crore. Bharti Airtel's AGR growth rate at 27.31 per cent on a year-on-year basis was almost double of its rival Jio that recorded 14.8 per cent a year-on-year growth rate. Bharti Airtel posted AGR of Rs 26,073.7 crore during the quarter under review. Vodafone Idea AGR grew 6.69 per ce