Page 29 - Q1 Results
Wipro shares slip 2.5% after Q1 miss; brokerages flag weak growth outlook
Wipro's net profit in the first quarter rose less than a per cent to ₹3,325 crore, compared to a year earlier even as revenue rose 10.6 per cent to ₹24,480 crore.
 "Wipro shares slip 2.5% after Q1 miss; brokerages flag weak growth outlook")
Q1 results: RIL, JSW Steel, Tata Technologies, among 30 more on July 17
Q1FY27 company results: Firms including Havells India, Federal Bank, Central Bank of India, Oberoi Realty, and RBL Bank are also to release their April-June earnings today
 "Q1 results: RIL, JSW Steel, Tata Technologies, among 30 more on July 17")
Stocks to Watch today: RIL, Jio Financial, Wipro, Maruti Suzuki, Ceat
Reliance Industries, JSW Steel, Federal Bank, Oberoi Realty, Tata Tech among top stocks slated to post their Q1 results today.
 "Stocks to Watch today: RIL, Jio Financial, Wipro, Maruti Suzuki, Ceat")
Wipro Q1 net profit nearly flat at ₹3,325 crore; revenue rises 10.6%
The IT services major reported marginal profit growth in Q1 FY27, while issuing cautious revenue guidance amid an uncertain demand environment and weak deal ramp-up
Tech Mahindra posts 28.4% rise in Q1 FY27 profit, misses estimates
Revenue from operations increased 17.7 per cent to ₹15,711.9 crore, while EBIT rose 53.3 per cent and new deal wins reached $1.08 billion
 "Tech Mahindra posts 28.4% rise in Q1 FY27 profit, misses estimates")
HDFC Life maintains strong margins despite slower growth than peers in Q1
The insurer's June-quarter margins remained resilient despite slower premium growth, with management expecting recovery in the HDFC Bank channel and stable VNB margins
 "HDFC Life maintains strong margins despite slower growth than peers in Q1")
RIL Q1 results preview: Brokerages expect healthy growth across segments
Brokerages expect Reliance Industries to deliver healthy performance in the June quarter of FY2027, with strength across O2C, Retail and Jio.
 "RIL Q1 results preview: Brokerages expect healthy growth across segments")
Ceat Q1 profit plunges 96% on forex losses, higher raw material costs
RPG Group-owned tyre maker reports a sharp fall in Q1 profit due to forex losses and rising input costs, though revenue rose 22.4 per cent on healthy demand across segments
 "Ceat Q1 profit plunges 96% on forex losses, higher raw material costs")
Jio Financial Services Q1 PAT jumps 156% on strong lending, payments growth
Total income, excluding dividend income, rose 141 per cent YoY to Rs 1,496 crore. Including dividend income, profit before tax more than doubled to Rs 970 crore, up 131 per cent from a year earlier
 "Jio Financial Services Q1 PAT jumps 156% on strong lending, payments growth")
South Indian Bank posts 17.3% rise in Q1 FY27 profit at ₹378 crore
Private sector lender's June quarter earnings were supported by higher net interest income, lower provisions and an improvement in asset quality despite a decline in other income
 "South Indian Bank posts 17.3% rise in Q1 FY27 profit at ₹378 crore")
Piramal Finance Q1 PAT jumps 67%; board clears ₹4,000 crore fund raise
NBFC reports strong June-quarter earnings on robust retail loan growth and higher net interest income, while its board approves a fund raise of up to Rs 4,000 crore
 "Piramal Finance Q1 PAT jumps 67%; board clears ₹4,000 crore fund raise")
360 ONE WAM Q1 result : Profit rises 16%; income climbs 30% to ₹1,273 cr
Revenue from operations rose 26.8% to ₹1,226.09 crore, while assets under management stood at ₹7.77 trillion and asset management profit before tax grew 54.5%
 "360 ONE WAM Q1 result : Profit rises 16%; income climbs 30% to ₹1,273 cr")
Stock Market Close: Sensex pares gains to end flat, Nifty at 24,073; Nifty Consumer Durables up 1.5%
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.41 per cent and 0.1 per cent down, respectively
 "Stock Market Close: Sensex pares gains to end flat, Nifty at 24,073; Nifty Consumer Durables up 1.5%")
ICICI Bank Q1 Preview: Profit likely to be flat; NIMs may remain stable
ICICI Bank is slated to post its June quarter earnings this Saturday, along with several other leading private banking names like HDFC Bank and Axis Bank.
 "ICICI Bank Q1 Preview: Profit likely to be flat; NIMs may remain stable")
Nifty Capital Market index slips over 2%; HDFC AMC, Groww down up to 5%
UTI AMC, Nuvama Wealth Management, 360 ONE WAM, KFin Technologies, Angel One and MCX dropped 3 per cent each in intra-day trade on Thursday.
 "Nifty Capital Market index slips over 2%; HDFC AMC, Groww down up to 5%")
BHEL turns profitable in Q1FY27 with ₹377 crore PAT; revenue rises 40%
Revenue from operations rose 40.3 per cent to ₹7,697.72 crore, while the power segment returned to profit and total expenses increased 18.1 per cent year-on-year
 "BHEL turns profitable in Q1FY27 with ₹377 crore PAT; revenue rises 40%")
Polycab India Q1 result: Profit rises 33%, revenue grows 39% to ₹8,210 cr
Revenue from operations rose 39% to ₹8,209.73 crore, while wires and cables revenue grew 37.7% and FMEG revenue increased 67.6%
 "Polycab India Q1 result: Profit rises 33%, revenue grows 39% to ₹8,210 cr")
ITC Hotels Q1 result: Revenue rises 15% to ₹936 crore, profit climbs 36%
Revenue from operations rose 14.8% to ₹936.02 crore, while hotels segment revenue grew 10.1% and profit before tax increased 31.5%
 "ITC Hotels Q1 result: Revenue rises 15% to ₹936 crore, profit climbs 36%")
South Indian Bank Q1 result: Profit rises 17% to ₹378 cr as provisions fall
Net interest income increased 23.1% to ₹1,024.72 crore, while provisions fell 64.7% and the gross NPA ratio improved to 1.38% year-on-year
 "South Indian Bank Q1 result: Profit rises 17% to ₹378 cr as provisions fall")
ICICI Pru Life falls 4% despite positive Q1 show; what's weighing on stock?
ICICI Pru Life had announced its Q1 results on Wednesday, reporting a 27.8 per cent Y-o-Y rise in net profit to ₹386.2 crore for the first quarter of FY27
 "ICICI Pru Life falls 4% despite positive Q1 show; what's weighing on stock?")