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    MOSCHIP TECHNOLOGIES LTD Q1 RESULTS

    Q-comm audits; modest Q1 for IT firms

    Happy Wednesday! Due to recent hygiene lapses by quick commerce, the government has intensified surprise inspections of their warehouses. This and more in today’s ETtech Morning Dispatch.

    Indian software sector earnings will remain modest in Q1: here’s why

    Infosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter of FY25. However, previous top performers, Tata Consultancy Services (TCS) and HCLTech, may see pressure on profits and margins as they work to reignite growth.

    Infosys, Tech Mahindra among 6 IT stocks that could surprise positively in Q1 results: JM Financial

    Stating that Tech Mahindra remains a ‘buy' on turnaround hopes while KPIT Technologies and Tata Technologies are structural bets on auto ER&D theme, domestic brokerage firm JM Financial believes that Q1 results for the IT sector could positively surprise the street.

    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.

    Go Digit shares rally 10% after reporting Q4 PAT soars 104% YoY

    Go Digit General Insurance shares surged 10% to a record high of Rs 372.35 after reporting robust Q4 results. PAT soared 104% YoY to Rs 53 crore. Q4 gross written premium rose nearly 19% YoY to Rs 2,336 crore. FY net profit jumped 405% to Rs 182 crore, with gross written premium up 24.5% YoY to Rs 9,016 crore.

    The Economic Times
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