The company said it had seen stable growth in data business despite it being a seasonally slow quarter with revenue growing 3.8 per cent y-o-y on the back of robust performance in traditional services
Larsen & Toubro Infotech on Tuesday reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion.
The company had posted a consolidated net profit of Rs 148.29 crore in the corresponding period last fiscal, Network 18 Media and Investments Ltd said in a regulatory filing
Consolidated total income rises 9% to Rs 1,316.86 crore
Solvency ratio of the company has remained stable at 2.76, against the regulatory requirement of 1.5
Higher margins boosted the pig iron and ductile pipe maker
The sharp increase in prices of major commodities such as steel, aluminum, copper and rubber may dent auto industry's Q3 results
Indiabulls Real Estate Ltd (IBREL) on Monday reported a 64 per cent rise in its consolidated net profit to Rs 80.69 crore for the quarter ended December.
It attributed this growth to "marginal improvement in realisation of existing customers and increase in number of paying subscription suppliers"
Net loss in the September quarter was Rs 184 crore; December quarter saw re-opening of multiplexes as part of unlock
On average, the gross non-performing asset (GNPA) ratio is seen between 1.3 per cent and 1.7 per cent for Q3FY21
The company's revenue crossed the $10-billion milestone in 2020, delivering a 3.6 per cent YoY growth in constant currenc
The firm said it expects revenue to grow between 2 per cent to 3 per cent in constant currency terms for Q4FY21, including DWS contribution
The company declared dividend of Rs 1 per share
Sharekhan expects the company to maintain its margin guidance of 20 per cent-21 per cent for FY21
Dollar revenue growth highest in 36 quarters; firm has given an bullish outlook on revenue growth of 1.5-3.5 per cent for the March quarter
The IT major delivered its highest Q3 sequential growth of 5.3 per cent in 8 years in constant currency
Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.
Analysts say the company may revise its FY21 revenue guidance upwards
Prabhudas Lilladher sees Wipro's guidance for the fourth quarter of FY21 to be in the range of 2-4 per cent