Page 152 - Q3 Results

HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand

The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.

Q3 earnings impact: Infy, TCS can rally up to 10%, Wipro may weaken further

TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100

Wipro slips 5% as Q3 earnings fail to meet market expecatations

IT services EBIT margin declined 60 bps QoQ to 17.1 per cent vs. 17.7 per cent last quarter.

IT Q3 results: TCS and Infosys beat Street estimates, Wipro misses

Tata Consultancy Services okays Rs 18,000-crore buyback

Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys

Realty index surges over 3%; Wipro reports Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1; Infosys Q3 PAT rises 12% to Rs 5,809 cr, raises FY22 revenue guidance

Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel

The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices

Top headlines: Corporate ITR filing deadline extended, Tata new IPL sponsor

Telecom companies push for 90-95% cut in base price of 5G spectrum. More in today's top headlines

Banks likely to post 36.3% rise in Q3 net profit at Rs 38,153 crore

The bad loans saw a dip in Q2, both in absolute and percentage terms. The trend is likely to prevail in Q3

Q3 preview: India Inc may see 100-120 bps margin compression, says report

The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may help companies report a healthy 16-17 per cent revenue growth to Rs 9.1 lakh crore during the quarter ending December, the Crisil report said on Tuesday. Software major TCS will open the earnings season Wednesday. For the first time in as many as 12 quarters, corporate profitability as defined by the earnings before interest, taxes, depreciation and amortisation (Ebitda) margin, is likely to drop by 100-120 bps year-on-year and 70-100 bps sequentially in the December quarter, as 27/40 sectors with 300 companies tracked, excluding financial services, and oil & gas sectors, are likely to see their operating margin shrinking, the report said. According to the analysis, the margin fall will be led by software (230-250 bps fall due ..

Infosys Q3 preview: Revenue may rise 18% YoY; FY22 growth guidance eyed

According to Jefferies, Infosys's growth will be impacted by seasonal softness, although deal ramp-ups should help drive 3.7 per cent quarter-on-quarter (QoQ) CC revenue growth

TCS Q3 preview: Profit may rise 17% YoY; buyback quantum eyed, say analysts

The focus will be on comments on CY22 client budgets, demand trends, supply side pressures and margin outlook.

Wipro Q3 preview: Analysts see 4% QoQ revenue growth, margins may dip

Brokerage firm Jefferies sees EBIT margins of the company declining by 70 basis points to 16.6 per cent from the previous quarter, on the back of salary hikes.

Nifty50 firms' combined net profit seen rising 25% in third quarter

Metal and mining firms expected to lead earnings growth

Investor optimism on Q3 earnings propels indices; Sensex rises 651 points

Nifty rises 1% to close above 18,000 for first time since November 15

TCS gains 3%, nears record high as board to consider buyback on Wednesday

The stock was up 3% at Rs 3,979.90, trading close to its record high level of Rs 3,990 touched on October 8, 2021.

Jewellery firms may lose some of the Q3 shine after Omicron rub-off

Structural growth story, demand recovery, and market-share gains for Titan, Kalyan Jewellers may persist

DMart Q3 results: Standalone net profit rises 24.6% to Rs 586 cr

Standalone revenue rose 22% to Rs 9,065 crore

Oberoi Realty Q3 sales bookings jump 2-fold to Rs 1,965 cr

The market share of trusted real estate developers in the overall housing sales is gradually increasing as homebuyers have become risk-averse

Resurgent Covid to counter Q3 results' positive effect on markets next week

However, global cues such as high crude oil prices, combined with the direction of foreign fund flows and the rising surge in domestic Covid cases will impact investors' risk-taking appetite

Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%

Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent