The company had posted a consolidated net loss of Rs 4.66 crore in the same period a year ago, Oriental Hotels Ltd said in a regulatory filing
In terms of top line growth, Infosys was ahead of TCS, the country's largest software services firm
CLOSING BELL: HDFC, HDFC Bank, Maruti Suzuki, Dr Reddy's Labs, Tata Motors, PowerGrid, Asian Paints, Bajaj Finserv, Kotak Bank, Titan, Cipla, and Eicher Motors were the top laggards on the Nifty index
HDFC Bank's non-interest income is expected to take a hit due to lower treasury income
Growth in the quarter has largely come from store additions
Most analysts have broadly maintained their 'buy' rating on the stock as they believe the company's demand outlook for FY23 remains robust despite macro-headwinds.
Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.
The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.
The stock needs to create a strong base and momentum in the range of Rs 4,000 to Rs 3,800 levels, which the stock has been unable to conquer with ease.
Why is India's basmati rice export declining? Will movie box office earnings cross the pre-pandemic level this year? Could banks shine in Q4 earnings season? What is fracking? Find all answers here
Why is India's basmati rice export declining? Will movie box office earnings cross the pre-pandemic level this year? Could banks shine in Q4 earnings season? What is fracking? Find all answers here
While brokerages expect Q4 earnings of Nifty50 companies to hit record peak levels, the march is expected to be driven by banks and financials. Let's dive into the Street expecting from Q4 results
The company's operating margins came in at 25.3 per cent for FY22 and 25 per cent for Q4
The combined profit after tax (net profit) of the 17 banks under review is expected to grow to Rs 42,013 crore for Q4FY22
Analysts say the company's margins are likely to be flat to slightly negative on QoQ basis due to supply side pressures and high employee costs.
India Inc is all set to start the Q4 earnings season. IT major TCS will kick-start the season with its results later today. Will the sector's performance be marred by the geo-political risks in Q4?
Q4 preview: Analysts believe earnings momentum is likely to gather pace, with healthy loan growth, stable margins, and improving asset quality trends
Business Standard brings you the top headlines this morning
Rise in combined net profit likely to be led by banks, oil & gas companies, and Tata Motors
Against a tumultuous start to the year, India Inc's March quarter results will start coming from next week. While earnings' prospects have been shrouded by several headwinds, can we expect a surprise?