Page 55 - Corporate Earnings

Markets to consolidate over the next three-six months: Sampath Reddy

Despite the multiple COVID waves, the earnings for FY22 have not seen any significant downgrades and are on-course to deliver about 25 per cent growth

Global trends, inflation data, earnings to drive markets: Analysts

Last week, the 30-share BSE benchmark declined by 491.90 points or 0.83 per cent.

Indowind Energy reports net loss of Rs 21.64 lakh in December quarter

Indowind Energy reported a consolidated net loss of Rs 21.64 lakh in the December quarter, mainly due to low revenue. The company had posted a consolidated net profit of Rs 61.02 lakh in the quarter ended December 31, 2020, a BSE filing stated. The total revenue of the company stood at Rs 4.22 crore in the quarter, compared to Rs 5.32 crore a year ago.

Sensex can hit 100,000 mark in five years, believes Chris Wood

A similar view was shared by Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services, who suggested that Indian equity markets were on the cusp of a major bull-run

Early birds hint at subdued earnings growth in December quarter

Net profit up 10.4% YoY, growing at slowest pace in five quarters

Boom time for companies: What record profits may mean for govt's revenue

If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be wrong with corporation tax, writes T N Ninan

TCS Q3 preview: Profit may rise 17% YoY; buyback quantum eyed, say analysts

The focus will be on comments on CY22 client budgets, demand trends, supply side pressures and margin outlook.

LG forecast to see record sales in Q4 on strong home appliance biz

LG Electronics has estimated that its fourth-quarter sales reached a record quarterly high, apparently backed by its strong home appliance business, but the operating profit is likely to sink

Samsung Electronics Q4 profit jumps on server chip demand, foundry margins

SEOUL (Reuters) -Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely jumped 52% on-year to its highest for the quarter in four years, helped by solid demand for server memory chips and higher margins in chip contract manufacturing.

D-Mart reports 21.96% increase in revenue at Rs 9,065.02 cr in Q3

The company had revenue from operations of Rs 7,432.69 crore in the October-December quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing

Acquisitions, strong growth outlook likely to limit downside for Wipro

Prior to the recent rally, the stock had been an underperformer

US Fed's taper talk likely to keep the bulls in check on Dalal Street

This is expected to suppress valuations in India; decline in P/E may nullify gains from rise in corporate earnings

Morgan Stanley sees Sensex at 70,000 level by December 2022

The research and brokerage house had recently downgraded India to equal-weight in their global emerging markets (GEMs) country portfolio.

Arcelor Mittal reports strongest quarter in more than a decade

The company said it expects global steel demand to grow by between 12% and 13% this year, excluding China, where real demand has weakened

SoftBank Group shares jump 10% on $9 billion buyback announcement

The buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last year

Sensex slips 109pts; Broader markets outperform, Allcargo zooms 20%

Stock market LIVE: The BSE Midcap and Smallcap indices gained 0.6 per cent and 1.1 per cent, respectively. Realty and auto shares rallied, while metal stocks declined in trade on Tuesday

Tata Motors loss widens to Rs 4,415 crore in September quarter

Tata Motors said the waiting time period for vehicles is around six to eight weeks, while for electric vehicles it is running up to six months

Fag-end buying in IT, banks lifts Sensex 831 pts at 60,138, Nifty at 17,930

The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent

Amazon Q3 earnings suffer as growth slows, costs rise

Supply chain woes are also costing Apple Inc - $6 billion in sales during the company's fiscal fourth quarter

GSK Pharma Q3 net profit jumps over two-folds to Rs 204 crore

The company had reported a net profit of Rs 76.47 crore in the same period of the previous fiscal