Page 134 - Q1 Results

Sensex, Nifty end at fresh closing high; IT, realty stocks charge ahead

HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers

L&T Technology zooms 15%, hits record high on strong June quarter results

The stock of the internet software and services company surpassed its previous high of Rs 3,062.45 hit on April 9, 2021

Infosys Q1 net profit rises 23%, ups FY22 revenue guidance to 14-16%

'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh

L&T Tech Q1 net jumps 84%, upgrades revenue growth guidance for FY22

L&T Technology Services (LTTS) on Wednesday reported an 84 per cent jump in its June quarter net at Rs 216.2 crore, largely on widening margins. The city-based company, the engineering and research and development services arm of the infra major L&T, had posted a net profit of Rs 117.2 crore in the year-ago period. Its overall revenue increased by 19.42 per cent to Rs 1,562.6 crore for the reporting quarter, while the operating profit widened 5.20 per cent to 17.3 per cent, its highest ever. "Certain degree of normalcy has come back in the US and also Europe (which contribute over 80 per cent of revenues). Decision making has come back. Japan and India will also eventually come back," its newly-inducted chief executive and managing director Amit Chadha told PTI. Chadha said the company is now upping its revenue growth guidance to 15-17 per cent in FY22 as against the earlier 13-15 per cent because of the prospects that it sees, and is also more confident about the profit ...

Infosys Q1 PAT jumps 23% YoY to Rs 5,195 cr; ups FY22 guidance

The company's Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 per cent YoY, as against Rs 23,665 crore posted in the June quarter of FY21

Wipro Q1 preview: PAT may jump 14-19% YoY; eyes on EBIT margin, guidance

Wipro Q1 preview: Nomura expects Q1 PAT to come in at Rs 2,732.1 crore, up 14.3 per cent YoY

Mindtree surges 9%, hits new high on healthy June quarter results

Strong Q1, healthy deal pipeline and employee addition indicate robust growth for Mindtree in FY22E, ICICI Direct said in a note

Stocks to watch: Infosys, Mindtree, Barbeque-Nation, Torrent Power, Vedanta

ICRA has upgraded credit rating for the bank facilities of Barbeque-Nation Hospitality

Mindtree Q1 net profit rises 61% to Rs 343 cr; revenue up 20%

In dollar terms, Mindtree's revenue grew 7.7% sequentially and profit was up by 7.5%

Tata Metaliks reports Rs 94.72 crore net profit for June quarter

The firm was helped higher sales and price realisation

Infosys Q1 preview: PAT likely to grow 27-30% YoY; may up FY22 guidance

Infosys' outlook will be key to watch, with many brokerages penciling in a rise in the company's FY22 revenue guidance

Stocks to watch: Mindtree, Vodafone Idea, RIL, IDBI Bank, Shilpa Medicare

Mindtree, Tata Metaliks, Deccan Health Care, Shree Ganesh Remedies and WS Industries are among eight companies that will release quarterly earnings today

June quarter 'darkest hour of the fiscal', recovery in mid-term: Raymond

Raymond said a recovery in the segment would take a "mid-term time frame" when life is back to normalcy, primarily driven by occasion- and celebration-led dressing

Sensex fluctuates 491 pts, ends 13 pts down; realty stocks rally; IT slide

The broader markets, on the flipside, outperformed the benchmarks with the BSE MidCap and SmallCap indices rallying 0.40 per cent and 0.75 per cent, respectively

Second Covid-19 wave, higher input cost set to weigh on Q1 earnings

Nifty50 firms' net profit expected to decline 10.1% QoQ

TCS Q1 numbers a blip or sign of times to come? Here's what analysts say

TCS missed analyst expectations as India business pulled down revenue growth

TCS may surge 15% from here, tech charts suggest. Investors should stay put

At a fundamental level, analysts hold a bullish view on the stock, though they are concerned about the valuation

Macrotech Developers Q1 sales bookings surge 88% to Rs 957 cr despite Covid

Realty firm Macrotech Developers on Thursday reported an 88 per cent rise in its sales bookings at Rs 957 crore for the quarter ended June on strong demand despite the second wave of Covid pandemic

Sobha Q1 sales bookings up 40% at Rs 683 cr despite 2nd Covid wave

The company had clocked sales bookings of Rs 487.7 crore in the year-ago period.

TCS Q1 preview: Analysts see up to 36% YoY PAT rise; operating margin eyed

India's second-most valuable company, in terms of market capitalisation, is expected to post a stellar show in the first quarter of the financial year 2021-22 (Q1FY22)