Page 117 - Q1 Results

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).

'Long-term capital gains tax relief will be a game-changer for the markets'

Retail investors in India are by default optimistic. They are strong believers in the long-term story of India, and rightly so, says Sandeep Bhardwaj of IIFL Securities.

Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results

The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity.

Avenue Supermarts gains 11% in three days post June quarter 2022 biz update

The company is scheduled to announce June quarter results on Saturday, July 9, 2022.

Q1FY23 Preview: Banks to outshine, metals may disappoint, say analysts

Amid weakening consumer confidence and flaring inflation, analysts say that the corporate earnings this quarter will be a mixed bag, with select pockets like banks being the frontrunners.

Ahead of Q1 results: Sell-off in IT stocks not over yet; TCS can fall 14%

Shares of major IT stocks are trading near key support levels, if that breaks a severe downside seems imminent, indicate charts.

Q1FY23 results: Margin pressure on IT services to remain, focus on outlook

Supply-side issues continue to impact companies

Federal Bank's loan book grows 16.3% YoY to Rs 1.54 trillion in Q1

The Federal Bank's gross advances stood at nearly Rs 1.33 trillion at end of June 2021 (Q1FY22) and Rs 1.48 trillion at end of March 2022 (Q4FY22)

Public Cloud revenue jumps 26% to reach $126 bn in Q1 2022: Report

Public Cloud services and infrastructure market Revenues reached $126 billion in Q1 2022, a 26 per cent jump from Q1 2021, according to a new report

June qtr could see some more earnings downgrades: Anoop Bhaskar, IDFC MF

We have raised cash levels across several of our funds, both for funding redemption pressure as well as pouncing on emerging opportunities, Bhaskar said

Fortis Hospital owner IHH reports 31% jump in Q1 earnings, revenue up 6%

Malaysian healthcare group IHH Healthcare reported a 31 per cent hike in Q1 earnings to MYR 493.3 million ($112 million)

Aramco's profits surge 80% in Q1 as company cashes in on global volatility

Saudi Aramco's profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and soaring oil prices

Emami posts consolidated net profit of Rs 354 crore on hefty MAT credit

Revenue for the quarter under review was Rs 770 crore, a 5 per cent rise over the topline of Rs 730 crore in January-March 2021

REC net profit rises 14% to Rs 2,301 cr in March quarter on higher revenues

The consolidated net profit of the company was Rs 2,017.84 crore in the quarter ended March 2021, a BSE filing said

ABB extends rally in a weak market on strong Q1; stock up 17% in 3 days

Analysts believe that increased traction in exports and services coupled with strong execution drove ABB's strong performance across segments.

Cognizant Q1 meets Street estimates; net income rises 11.5% to $563 mn

Net income was up 11.5 per cent year-on-year, but down from $576 million in the quarter ended Oct-Dec 2021.

ABB India net profit jumps over two-fold to Rs 370 crore in March quarter

The net profit of the company was Rs 151 crore in the quarter ended on March 31, 2021, a company statement said

Castrol India reports 6% dip in PAT in Q1 to Rs 229 cr, revenue up 8.5%

Lubricant maker Castrol India on Wednesday said its profit after tax (PAT) declined by 6 per cent to Rs 229 crore for the first quarter ended March.

Pfizer's profit grows by 61% in first qtr; company revises 2022 forecast

Sales of Pfizer's COVID-19 vaccine and treatment pushed the drugmaker well past expectations in the first quarter, as profit grew 61per cent.

Ambuja Cements: Holcim's stake sale is a crucial near-term trigger

With margins seen under pressure and analysts' target price of Rs 350-410, the gains otherwise are limited