Page 64 - Q1 Results

Jio Financial Services share price falls over 2% after tepid Q1FY25 results

Jio Financial share price update: At 11:40 AM, Jio Financial shares were down 2.18 per cent at Rs 347.5 as against 0.26 per cent rise in the benchmark BSE Sensex

DB Corp net profits surge 50% YoY in June quarter; stock hits 52-week high

The share price gained after the print media firm reported a strong performance in the first quarter ending June 30, 2024, with a 49.68 per cent year-on-year (Y-o-Y) increase in net profit

Q1 Preview: Infosys to lead IT-pack, may see profits rise up to 10% YoY

Infosys is expected to lead the tier 1 Indian IT universe with the strongest growth, led by ramp-ups of multiple mega-deals, and a low base effectively providing one per cent kicker to June 2024

Sensex, Nifty outlook July 16: Q1 nos, trading holiday may sway market mood

All you need to know before market opens on Tuesday: The Sensex, Nifty likely to open higher tracking cues from GIFT Nifty; FIIs increased bets on index longs. 7 SME IPOs open for subscription today.

Angel One Q1 results: Profit rises 32.6% to Rs 293 cr as orders jump

Consolidated profit increased by 32.6% year-on-year to Rs 293 crore ($35.1 million) in the three months to June 30

BoM Q1 results: Net up 46.64% to Rs 1,293 cr on healthy NII growth

Mulls to raise upto Rs 10,000 crore through Infrastructure bonds

Bajaj Auto Q1 Preview: Two-wheeler maker may see revenue growth of 14-15%

Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.

Brokerages raise target price for HCLTech after solid Q1 performance

Shares of HCL Tech zoomed 4.83 per cent at Rs 1635.85 per share on the BSE in Monday's early morning trade. This came after the IT services major reported a 20.4 per cent year on year increase profits

Q1 results to influence trading in mkts in holiday-shortened week: Analysts

Quarterly earnings from several blue-chip firms, including Infosys and Reliance Industries, global trends, along with trading activity of foreign investors, would act as the major driving factors for equity markets' movement in a holiday-shortened week ahead, analysts said. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram. Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj Auto, BPCL, JSW Steel, Asian Paints, Infosys, and Reliance Industries. "Q1 earnings will be a key focus this week as numerous companies, including heavyweights Infosys, and Reliance, are set to release their results. Additionally, pre-Budget discussions are expected to contribute to market volatility," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. On the global front, a significant focus will be on China. The

HCLTech Q1FY25 results: Net profit rises 20.4% to Rs 4,257 crore

HCLTech maintained revenue guidance for FY25 at 3-5%

Rerating potential in Axis Bank stock, may be among top outperformers

Axis Bank may be capable of growing faster than peers and it may see a decline in operating expenses ratio from current levels

How to trade TCS post Q1 results? Key levels to track on Infy, HCLT, Wipro

IT stocks outlook: TCS can potentially rally another 6 per cent from present levels; while Infosys, Wipro and LTIMindtree can rally up to 15%, suggest charts.

Sensex, Nifty Outlook July 12: Gap-up open likely post TCS Q1; Asia down

All you need to know before the market opens on Friday: GIFT Nifty hints at likely 100-point opening gain; TCS Q1 beat analyst expectation, Infy ADR jumped 3% in the US; Japan's Nikkei down over 2%.

TCS Q1 results: Net profit up 8.7%, margins rise despite salary hike

TCS meets estimates, but macro challenges persist; AI, genAI pipeline doubles

Anand Rathi Wealth Q1 net profit surges 38%; Canara Robeco MF launches BAF

Total revenue also jumped 38 per cent to Rs 245 crore, the wealth management firm said

JTL Industries Q1 results: Net profit increases 21% to Rs 31 crore

Steel pipes maker JTL Industries Ltd on Wednesday reported a 21 per cent rise in its net profit at Rs 30.70 crore for the quarter ended June 30, aided by higher revenues. It had posted a profit of Rs 25.36 crore in the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing. Its revenue from operations rose to Rs 515.37 crore from Rs 504.80 crore in the year-ago quarter. The company's expenses were Rs 478.83 crore against Rs 471.66 crore a year ago. JTL Industries is a leading producer of electric resistance welded steel pipes with a production capacity of more than 6 lakh metric tonnes per year.

Battery energy storage capacity grows over 4-fold to 219 MW in Q1: Report

India's battery energy storage capacity grew more than four-fold to 219 MWh as of March 2024, Mercom Capital said. As of March 2023, the overall battery energy storage capacity in India was at 47.6 megawatt hour (MWh), the US-based research firm said in its report on Wednesday. Policy measures such as deviation settlement mechanism, grid connectivity regulations, and ancillary services regulations are being issued to ensure efficient renewable integration and grid stability, it said. These measures are driving the demand for utility-scale energy storage, the report titled 'India's Energy Storage Landscape' said. The Viability Gap Funding (VGF) programme aims to install 4 GWh of battery energy storage system (BESS), supported by a budget of Rs 37.6 billion (USD 452 million). The VGF, energy storage obligations (ESO), and bidding guidelines for energy storage projects -- with or without renewable energy -- are boosting the country's pipeline of energy storage projects. As per the .

HCL Tech Q1 Preview: Weak deals, client spending to dent profits by 5-7%

According to analysts, HCL Tech is likely to report a revenue increase of 6-7 per cent year-on-year (Y-o-Y) between Rs 27,900 crore to Rs 28,034 crore

TCS Q1 Preview: Margin pressure to weigh; net profit may rise 6-9%

Tata Consultancy Services (TCS) is expected to register a single-digit growth in revenue and profit for the April-June quarter of fiscal year 2024-25 (Q1FY25)

Results preview: FMCG firms likely to hitch a ride on rural uptick in Q1

Volume growth expected to witness a sequential recovery