Page 108 - Latest Updates on Q4 Results

HCLTech Q4 results: Profit jumps 11% to Rs 3,983 crore; revenue up 18%

The company added 4,480 new employees in the quarter, while the net addition was at 3,674

Cyient reports 48.3% surge in Q4 revenue on strong deal pipeline

Revenue from the services segment was at Rs 1,448 crore, up from Rs 984 crore a year earlier

Sensex, Nifty snap 3-day losing streak, end marginally up; Infy, HUL slip

CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.

Mastek surges 11% on strong March quarter results

Healthy growth during the quarter was fueled by strong in-quarter execution and demand for Digital Engineering, Experience, and Cloud Transformation services.

HCL Tech Q4 preview: Weak software segment to drag profit by 4-9% QoQ

HCL Tech Q4FY23 preview: The firm's Ebit margin is likely to decline on a QoQ basis to 18.1-18.6 per cent. This stood at 19.6 per cent in Q3FY23

Tata Communications Q4 consolidated net profit dips about 11% to Rs 326 cr

Tata Communications on Wednesday posted about 11 per cent decline in the consolidated net profit to Rs 326.03 crore in the fourth quarter ending March 31, 2023. The company posted a profit of Rs 365.06 crore in the same period a year ago. The consolidated income from operations increased marginally to Rs 4,586.66 crore during the reported quarter from Rs 4,263.03 crore in the March 2022 quarter. For the year ended March 31, 2023, the company posted about 21 per cent increase in consolidated profit at Rs 1,795.96 crore compared to Rs 1,481.76 crore it posted at the end of 2021-22. The consolidated income from operations increased by 6.6 per cent to Rs 17,838.26 crore at end of 2022-23 from Rs 16,724.73 crore it posted at the end of 2021-22.

HCL Tech Q4 results to be announced tomorrow: Key things to look out for

In Q3FY23, HCT Tech reported a consolidated net profit of Rs 4,096 crore, 19 per cent higher than the same quarter in FY22

IT drags benchmarks lower for 3rd day; Sensex dips 159pts, Nifty near 17600

CLOSING BELL: Infosys, TCS and HCL Technologies, down 1.3 - 2.4 per cent, collectively accounted for a loss of 156 points on the BSE Sensex.

ICICI Lombard dips 4% post March quarter results

The country's largest private sector general insurer reported a 39.6 per cent surge in net profit to Rs 436.96 crore in Q4FY23, aided by a lower loss ratio and a dip in underwriting losses.

Stocks to Watch: SBI, ICICI Lombard, ONGC, Reliance, Oil India, Zydus Life

Stocks to Watch: ICICI Lombard General Insurance reported a 39.6 per cent surge in net profit in the January-March quarter (Q4) of FY23

Crisil reports 20% rise in net profit to Rs 145.8 cr in Jan-Mar quarter

Rating agency Crisil on Tuesday reported a nearly 20 per cent on-year rise in net profit to Rs 145.8 crore in the first quarter ending March 2023. The company said consolidated income for the quarter rose by 19.1 per cent to Rs 732.2 crore compared to the year-ago period. Amish Mehta, the managing director & chief executive said the company saw growth across businesses stemming from demand for insights and analytics, amid macro and global market uncertainties. However, he warned of cloudy days saying flanks of caution are building up because of the imminent slowdown in developed economies, and the lagged effect of the past repo rate hikes is expected to manifest through domestic demand in the months ahead. Corporate bond issuances grew 48 per cent by quantum in the first quarter on-year, and 8 per cent by the number of issuers. Bank credit continues to grow well, leading to healthy uptick in bank loan ratings, all this will have the economy clipping at 6 percent this fiscal.

ICICI Lombard Q4 net up 39.6% to Rs 437 cr as underwriting losses dip

For the whole of FY23, the firm earned a net profit of Rs 1,729 cr, up 36% from Rs 1,271 cr in FY22

ICICI Lombard General Insurance profit rises 40% as premiums climb

The Mumbai-based insurer's March-quarter profit after tax rose to Rs 437 crore ($53.29 million), from Rs 313 crore posted a year ago

Goldman Sachs profit falls in first quarter as dealmaking sputters

Goldman booked a $470 million loss on the sale as the bank rejigs its strategy after a foray into consumer banking, which Chief Executive David Solomon had championed for years, flopped

Sensex dips 184 pts as RIL, HDFC twins weigh; Avalon Tech tanks 9% on debut

CLOSING BELL: The broader markets outperformed; Midcap and SmaIlcap indices were up 0.5 per cent and 0.2 per cent, respectively.

Tata Motors hits 8-month high on strong Q4 hopes; stock up 20% in 3 weeks

The stock of Tata group passenger cars & utility vehicles maker quoted at its highest level since August 19, 2022

Disappointing numbers

IT sector has hit a rough patch

HDFC Bank stock's re-rating still some time away, say analysts

HDFC Bank shares: Analysts believe a re-rating in the stock would happen as and when more clarity emerges on the smooth merger with HDFC Ltd

TV18 Broadcast Q4 profit falls 91% to Rs 19.7 crore; revenue dips 6%

Media firm TV18 Broadcast Ltd on Monday reported a 91.09 per cent decline in its consolidated net profit at Rs 19.66 crore in the fourth quarter ended on March 31, 2023, on account of a fall in advertising revenue. The company had posted a net profit of Rs 220.85 crore in the January-March period of the preceding fiscal, TV18 Broadcast said in a regulatory filing. Its consolidated revenue from operations was down 6.03 per cent to Rs 1,405.90 crore compared to Rs 1,496.22 crore in the corresponding quarter a year ago. TV18 Broadcast's total expenses were at Rs 1,413.49 crore, up 10.48 per cent in the March quarter of 2022-23 compared to the year-ago period. TV18 Broadcast, a subsidiary of Network 18 Group, owns and operates several news and current affairs channels, which include CNN News18 and a host of general entertainment channels like MTV, VH1, Nickelodeon and Colors. During the quarter, its associate Viacom18 completed the transaction for strategic partnership with Reliance,

Results preview: India business to put a spring in pharma's step

Hospitals to recover from sluggish Q3; diagnostics' growth rate at pre-Covid levels