The company said their net profit was Rs 70.57 cr in the same quarter last fiscal
This, despite marginal improvement in overall revenues and export earnings
In a statement to stock exchanges, Infosys says chairman Nilekani conducted a review of external probes and was convinced there were no irregularities
Analysts on average had expected a profit of Rs 517 cr
Disbursals grew by 41.8% to Rs 9,504.2 crore and NII was up by 27.1% to Rs 1,389.5 crore in the first quarter
OLX had reported a loss of Rs 2.1 cr for the 12 months ending March 2016
Revenue from operations rose 52% to Rs 5,309 crore
Infosys will announce Q2 result on Tuesday
This will be first financial result that Infosys will announce under second innings of co-founder Nandan Nilekani at the helm of company's affairs
Infosys will likely cut CC revenue growth guidance for FY18 to 6-7% from 6.5-8.5% announced earlier, said Kotak Institutional Equities
This will be the first financial result that Infosys is set to announce after the controversial exit of its erstwhile CEO, Vishal Sikka
Higher depreciation, interest costs along with rising fuel cost trends impact firm's profitability
Revenue from operations on a standalone basis rose 6.1 percent to 65.71 billion rupees
Ebidta margin for the quarter declined to 20.8% from 22.3% last year
Gross NPAs and net NPAs stood at 5.9% and 3.12% in September quarter against 5.03% and 2.30% in the June quarter respectively
Strong performance came at a time when country was reeling under monsoon rains, with demand for cement going down and prices remaining subdued
Bajaj Auto's turnover inched up by 1% to Rs 6,863 crore from Rs 6,774 crore earned during Q2 of FY17
During the quarter, ACC's cement sales stood at 5.96 million tonnes (MT), up 17.55 per cent, compared to 5.07 MT
Net interest income up 41% to Rs 1,958 cr, total income up 33% to Rs 2,341 cr; gross NPAs improve marginally
Federal Bank's stock was trading 3.16 per cent up at Rs 121 per share on BSE