Page 53 - Corporate Earnings

BFSI's share in India Inc's Q2 profits hits record high of 41.5%

The biggest gains came to banks, which reported a 35.8 per cent YoY growth rate in their combined net profit in Q2 FY23

Q2 earnings: Corporate profits decline, a first in nine quarters

The combined net profit of 2,725 listed companies across all sectors was down 6.3 per cent year-on-year (YoY) in Q2 -the first contraction after eight consecutive quarters of YoY growth

Tyremaker MRF misses Sep-qtr profit estimates as input costs weigh

Tyre manufacturer MRF Ltd missed second-quarter profit estimates on Tuesday, as soaring input costs and supply chain issues weighed, offsetting a rise in revenue

Q2 results: Early birds show sharp decline in corporate earnings

Combined net of 441 firms up 5.8% YoY, slowest growth rate in 9 qtrs

We prefer a bottom-up approach in this environment: Satish Ramanathan

SATISH RAMANATHAN, chief investment officer for Equity at JM Financial Asset Management shares his outlook for the markets and his sector preferences

Global stocks pin hopes of year-end rally on earnings' resilience

The 7% drop came as investors grappled with persistently high inflation, a surging dollar and jumbo interest-rate hikes across the world that threaten to choke economic growth

US markets could head lower as earnings downgrades pick up pace: Chris Wood

Corporate earnings in the US, meanwhile, are likely to be under pressure amid recession fears. Analysts have already started cautioning investors as regards a drop in earnings

Direct tax collections may exceed budget targets, CBDT chief says

Gupta added that if the trend continues, direct tax collections for FY23 could exceed the budget target of Rs 14.20 trillion

FPIs invest Rs 49,250 cr in August so far on strong corporate earnings

FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year

Financials lead earnings in Q1; metal & mining, IT firms among laggards

BFSI companies together accounted for 48 per cent of the incremental growth in corporate profits on a year-on-year (YoY) basis in the quarter

Top Headlines: India Inc's profits fall; the Big Bull bows out, and more

Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned

India Inc's profits fall off record high in April-June quarter

Earnings lowest in four quarters; sales surge

Raking in the moolah: CEO earnings up in tandem with profits of companies

JSW Steel chief Sajjan Jindal top-earning CEO in FY22 with Rs 134.8 crore, up 83.7%

India's Q1 corporate earnings growth led by BFSI sector: Motilal Oswal

Studying the results of corporates tracked by it, Motilal Oswal said that BFSI sector has driven 124% of the incremental year-on-year (YoY) earnings growth during the 1QFY23 which was largely subdued

Sensex soars over 1,000 points: Top 5 reasons driving investor sentiment

Analysts believe that the US Fed's confidence about strong labor markets and dismissal of recession brought respite to the investors

Cost spike weighs on JSW Steel as profits slump 86% in first quarter

Firm scales down capex plans

Sensex at 85,000; Nifty at 25,000 by 2024? It's very much possible

However, for the markets to achieve this ambitious target, a number of variables at the fundamental level first need to fall into place to complete the jigsaw puzzle

Citi expects revenue from Indian corporate business to grow 10% a year

MUMBAI (Reuters) - Citigroup expects annual growth in its corporate banking business in India to accelerate to 10% in the next few years as it focuses on its institutional business after recently selling its consumer banking business, a top executive said.

TCS Q1 revenue may rise up to 16% YoY, say analysts. What brokerages expect

Analysts expect EBIT margin to decline sequentially due to higher retention costs, wage revision, and increased travel costs. They peg margins in the range of 100 to 150 basis points (bps).

Top Headlines: GST e-invoicing for firms, corporate earnings in FY23 & more

The central government is planning to make GST e-invoicing mandatory for companies with a turnover of Rs 5 crore and above, a government official said. Read more on this in our top headlines