Page 24 - India Inc Earnings

IndiGo to report June quarter result today; here's what analysts expect

Analysts at Centrum Broking estimate the airline to clock a net loss of Rs 2,672.6 crore driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs

IndusInd Bank surges 3% ahead of Q1 results; here's what analysts expect

Analysts at Phillip Capital have an outlier estimate for the bank's net profit for this quarter. They peg the PAT at Rs 585.2 crore, up a whopping 94 per cent QoQ.

Aviation sector faces Covid-19 turbulence: What analysts expect from Q1 nos

With domestic air travel resuming only from May 25th, analysts expect Q1 performance to be adversely impacted due to truncated size of operations & travel restrictions by state governments

ICICI Bank Q1 PAT may jump 60% YoY on stake sale in insurance arms: Experts

A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ

Q1 early-bird results better than expected; IT, financial services do well

However, analysts expect the numbers to deteriorate as more companies announce their results

Rallis India leaps 6%, hits record high as Q1 net profit grows 53% YoY

The Tata Chemicals' subisidiary's consolidated revenue grew 6 per cent to Rs Rs 663 crore for the quarter under review as against Rs 623 crore in the same quarter of FY20

Aarti Drugs to Tata Comm: Earnings rise for 15 firms in Covid-19 economy

These companies reported an increase in revenue and/or profit before tax for the March quarter

Britannia Industries posts 118% jump in Q1FY21 net profit at Rs 543 crore

The company's total revenue came in at Rs 3,420.67 crore, up 26.67 per cent against Rs 2,700.35 crore in the corresponding quarter of the previous fiscal.

HCL Tech to announce Q1 result today; here's what brokerages expect

HCL Tech, according to ICICI Securities, is expected to report 8 per cent quarter-on-quarter (QoQ) dip in dollar revenues to US$2339 million

Britannia Q1 preview: Revenue may rise up to 22% on strong volume growth

The net profit of the company is estimated to jump up to 62 per cent year-on-year (YoY) owing to lower tax rate benefit.

HDFC Bank Q1 preview: Moratorium to contain slippages; recovery trends eyed

For the Q1FY21, the bank is expected to report around 20 per cent year-on-year (YoY) growth in net profit. Besides, asset quality is seen stable owing to the moratorium being provided by the RBI

BSE IT index hits record high on strong Q1 show by Infosys, L&T Infotech

Infosys, TCS, HCL Technologies and Larsen & Toubro Infotech from the BSE IT index hit their respective record highs today

Private banks stare at washed-out Q1; moratorium, Covid-19 provisions eyed

Extension of moratorium, ICICI Securities points out, till August would push recognition of pain points, thereby leading to benign slippages and stable headline non-performing asset (NPA) numbers

Infosys posts 11.4% YoY rise in Q1 net at Rs 4,233 crore; beats estimates

Infosys' revenue for the quarter under review stood at Rs 23,665 crore, up 8.5 per cent YoY.

Wipro Q1FY21 consolidated net up 0.1% YoY at Rs 2,390.4 cr, revenue up 1.3%

On a sequential basis, revenue declined 5 per cent.

Mindtree Q1 net profit grows 129.8% YoY at Rs 213 crore; revenue rises 4%

In US dollar terms, revenue stood at $253.2 million, down 4.1 per cent YoY and 9 per cent QoQ.

Infosys Q1 preview: Revenue may dip 4%; magnitude of pricing pressure eyed

The fall in EBIT margin could be limited due to the benefit from rupee depreciation, cut in travel costs, and optimisation on variable costs, according to analysts.

Mindtree gains 1% ahead of Q1 nos; here's what to expect from the IT firm

Travel and Hospitality vertical contributes nearly 16 per cent to Mindtree's total revenues.

Nifty topline may dip up to 25% YoY; banks, telecom, agrochem silver lining

In IT services, one can expect a sequential revenue decline of 5-10 per cent due to demand compression from direct hit verticals and supply-side factors.

India Inc debt inches up 3.7% in FY20, deleveraging limited to a few firms

There was also an uptick in companies' gross debt-equity ratio on higher borrowings while profits declined for several companies last fiscal