ERP SOFT SYSTEMS LTD Q3 RESULTS
Q1 results, FII action among 10 factors to impact D-Street mood this week
Nifty gained 1.2%, driven by IT, energy, and pharma stocks. U.S. labor data, TCS earnings, Rupee vs. Dollar, Bank Nifty, oil prices, FIIs, IPO action, and dividends will influence markets next week. Bulls maintain strength with positive sentiment and broader market participation, expecting some consolidation.
IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signals
Indian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong demand environment to drive healthy earnings growth.
Q4 results: Stable costs boost India Inc. profits
Steady costs and firm domestic demand supported corporate performance in the March quarter.
Cryptoverse: Miners trudge through post-halving world
Bitcoin miners face challenges with halved mining rewards, increased difficulty, and competition from ETFs. Marathon Digital and Riot Platforms have seen stock drops amid bitcoin's price surge.
Glenmark Pharma Q4 Results: Net loss widens to Rs 121 crore YoY
Glenmark Pharma Q4 Results: The rise in loss was on account of declining sales in the US and exceptional items. It had reported a net loss of Rs 34.5 crore in the corresponding quarter of the previous year. In FY24, Glenmark's consolidated revenue reached Rs. 11,813 crore, a 2% increase year-over-year. The company's EBITDA margin for the fiscal year was 10.1%, primarily due to a one-time impact on sales in the India business during the third quarter.
NIIT Learning Systems Q4 Results: Profit almost flat at Rs 54 crore; co gives growth guidance of 12-14% for FY25
NIIT Learning Systems on Wednesday posted a marginal growth of 0.92 per cent to Rs 54.43 crore in consolidated net profit for the quarter ended March 31, 2024. It had reported a net profit of Rs 53.93 crore in the year-ago period.
- Go To Page 1
Strides Pharma Q4 Results: Pharma co reports Rs 10.4 crore net profit
Strides Pharma Science posted a net profit of Rs 10.4 crore in Q4FY24, rebounding from a loss of Rs 1 crore in the same period last year. Pre-tax profit was Rs 29.6 crore.
ZEE Entertainment shares rally 5% after Q4 results. Should you buy, sell or hold?
ZEE Share Price: ZEEL swung back to profit in March quarter against loss a year ago. Its total income in the reporting quarter, too, increased 3% YoY to Rs 2,185 core. Goldman Sachs sees partial recovery in revenues as a positive sign.
Pre-market action: Here's the trade setup for today's session
"Overall, we expect markets to witness a gradual recovery. However, concerns regarding consistent FII selling, India VIX still above 20 levels, ongoing general election polling and the outcome could keep volatility higher," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial
Delhivery back in red for Q4; CEO Sahil Barua flags softness in online consumption
In a post-earnings analyst call, Delhivery CEO Sahil Barua said Sandeep Barasia, executive director and chief business officer of the company, will step down after almost a decade with the firm.
ZEEL Q4 Results: Company reports profit of Rs 13 crore versus loss YoY; revenue rises 3%
ZEEL Q4 Results: The company reported a loss of Rs 196 crore in the same quarter last year. The revenue from operations for the quarter stood at Rs 2,185 core against Rs 2,126 crore in the corresponding quarter of the previous year.
Motherson Sumi Wiring India Q4 Results: Firm posts rise in profit on steady demand
Motherson Sumi Wiring India on Thursday reported a 38% rise in fourth-quarter profit, aided by strong demand for automobiles.
Q4 results today: Vodafone Idea, M&M among 94 companies to announce earnings on Thursday
Q4 results today: 94 companies, including M&M and Vodafone Idea, to announce Q4 results for Jan-Mar 2024. M&M expected to report net profit between Rs 1,777-2,079 crore with revenue at Rs 24,051 crore. Vodafone Idea's Q4 net loss to widen between Rs 7,307-7,680 crore with revenue around Rs 10,690.
M&M Q4 Preview: Volume to drive 7% YoY revenue growth but tractor sales may disappoint
Three brokerage firms anticipate the auto giant's net profit to fall within the range of Rs 1,777 crore to Rs 2,079 crore. Revenue from operations is projected to reach Rs 24,051 crore. In the corresponding period last year, M&M disclosed a standalone PAT of Rs 1,549 crore and revenue of Rs 22,571 crore.
GIFT Nifty rises 120 points; here's the trading setup for today's session
"We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial
Dixon Technologies Q4 Results: Net profit rises 20% YoY to Rs 97 crore
The electronics manufacturer has over two dozen production facilities across the country. Dixon makes smartphones and feature phones for brands such as Xiaomi, Motorola, Samsung and Jio, and is in talks with other global brands for more manufacturing orders.
Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%
Varun Beverages Q1 Results: Co reported a consolidated net profit of Rs 548 crore, rising 5% year-on-year (YoY) for the quarter ended March 31, 2024; revenue from ops stood at Rs 4,398 crore
L&T Q4 Results: Profit jumps 10% YoY to Rs 4,396 crore; dividend declared at Rs 28/share
L&T Q4 Results: The Board has also recommended a final dividend of Rs 28 per share of the face value Rs 2 each for the financial year ended March 2024. L&T received orders worth Rs 3.02 lakh crore at the group level during the year ended March 2024, registering a 31% YoY growth.
Bharat Forge shares jump over 9%, hit 52-week high on stellar Q4 show
For the full financial year, the profit after tax (PAT) jumped to Rs 910 crore, a 79% uptick over Rs 508 crore reported in the year-ago period. The consolidated revenue from operations stood at Rs 4,164 crore, a 15% YoY gain over Rs 3,629 crore reported in the year-ago period.
Dr Reddy's Q4 Preview: PAT may rise over 50% YoY on strong US sales
Based on an average estimate from four brokerages, revenue from operations during the January-March 2023 period is anticipated to increase by up to 18% year-on-year. Concurrently, the net profit after tax is expected to experience a robust surge of up to 54% year-on-year.
Nuvama downgrades Titan, cuts target price to Rs 3,867 post Q4 results
The downgrade came after the company reported a 9% miss in consensus earnings driven by weaker jewellery margins for two consecutive quarters.
Persistent Systems shares fall over 5% post Q4 results
Persistent Systems shares dropped 5% despite a 25.4% net profit rise to Rs 315.3 crore YoY. Q4 revenue was Rs 2,590 crore, up 14.9% YoY. TCV decreased to $447.7 million.
Banks Q4 earnings preview: In line with Q3, a moderate quarter likely. Top stocks to buy
Q4 earnings preview indicates private banks may outperform public sector lenders due to tight liquidity. JM Financial expects 5% earnings growth, while analysts focus on NII growth, asset quality improvement, and stock outlook based on deposit performance.
JP Morgan upgrades Persistent Systems, KPIT Tech and LTIMindtree ahead of Q4 results
In a significant move, JP Morgan, one of the leading global financial institutions, has announced a series of upgrades and adjustments for several key players in the Indian IT sector ahead of the fourth-quarter results.
RBI says Paytm’s non-compliance forced action; Zomato’s Q3 report card
Without naming a specific entity, RBI Governor Shaktikanta Das said the regulatory action was driven by a “lack of compliance”.
Max Healthcare Institute Q3 Results: Net profit rises 26% YoY to Rs 338 crore
Max Healthcare Institute Chairman and Managing Director Abhay Soi said the company continued to witness positive trends on all parameters even during this quarter. This translated into revenue and profitability growth, despite expected softness in occupancies due to the festive season.
Q3 results this week: ITC, Adani Ports, Bajaj Finance, IndiGo, SBI, Tata Motors and others
ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29
Persistent Systems shares soar 10%, hit 52-week high on strong Q3 show
Persistent Systems share price jumped 10% to hit a new 52-week high at Rs 8,716 in Tuesday's trade on BSE after the firm reported a 20.2% growth in net profit to Rs 286.1 crore year-on-year (YoY) for the December quarter, driven by a strong order book in Q3 FY24.
Persistent Systems board approves 2-for-1 stock split, declares Rs 32/share interim dividend
The existing one equity share having a face value of Rs 10 each, will be split into two equity shares having a face value of Rs 5 each, the company said in an exchange filing. This is the first time the company will be splitting the shares since it got listed. Further, the board has also recommended an interim dividend payout of Rs 32 a share for the current financial year.
Load More
