HDFC Asset Management Company (AMC) on Friday reported over 14 per cent surge in profit after tax to Rs 345.45 crore for the three months ended June 30.
The company's revenue guidance or Q2FY22 ranges between $2,535 million to $2,583 million, representing a growth of 5-7 per cent
Its consolidated revenue from operations rose to Rs 18,252.4 crore from Rs 14,913.1 crore in the year-ago quarter
Consolidated revenue rose 22% to Rs 18,252 cr
Its overall revenue increased by 19.42 per cent to Rs 1,562.6 crore for the reporting quarter
The company's Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 per cent YoY, as against Rs 23,665 crore posted in the June quarter of FY21
Wipro Q1 preview: Nomura expects Q1 PAT to come in at Rs 2,732.1 crore, up 14.3 per cent YoY
In dollar terms, Mindtree's revenue grew 7.7% sequentially and profit was up by 7.5%
Infosys' outlook will be key to watch, with many brokerages penciling in a rise in the company's FY22 revenue guidance
Nifty50 firms' net profit expected to decline 10.1% QoQ
Basic Earnings per share for Q1FY22 stood at Rs 1.78, as compared to Rs 0.77 for Q1FY21
The company continued to see robust growth operationally, reporting total contract value of $8.1 billion, deal signing driven by growth across geographies and verticals
Consolidated revenue rose 18% to Rs 45,411 crore from Rs 38,322 crore in June 2020
The company had clocked sales bookings of Rs 487.7 crore in the year-ago period.
BGR Energy Systems on Wednesday reported widening of its consolidated net loss by multifold to Rs 122.32 crore for the March 2021 quarter
Suzlon Energy's consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues.
The management's commentary on fundraising, tariff hikes, and adjusted gross revenue (AGR) case will be keenly watched, apart from the headline numbers
Revenue from operations plummeted 41.2 per cent in the reporting period to Rs 338 crore as against Rs 575 crore in the same period a year earlier
The company attributed the slip in profit to the Covid-19 pandemic and the decline of merchant power sales
Board recommends 180% dividend, or Rs 3.6 per share