PAT GUIDANCE

HCL Tech Q1 Results: Profit rose 7% from the previous quarter, while revenue dipped 1.5%. Constant currency revenue increased 6% year-on-year but fell 1.6% quarter-on-quarter. EBIT increased 7% year-on-year to Rs 4,795 crore but decreased 4% quarter...

Revenue for the quarter is projected to be Rs 27,997 crore, marking a 6.5% increase over the same quarter of the previous financial year, according to average estimates. Although the company is expected to report year-on-year growth in profit after ...

The IT industry anticipates a slow start to the year with concerns over weak first-quarter performance. Mid-tier companies may see growth opportunities in 'pre-GenAI' spending. Margins are expected to be stable amid macro uncertainties. TCS and Cyie...

257 companies, including NTPC, Hindalco, and Novelis, to announce Q4 earnings. Hindalco may see muted revenues but higher profitability. NTPC expected to have a decline in PAT compared to Q4FY23.

Indegene's growth plans post IPO include sustaining EBITDA margin growth, retiring loans, and active acquisitions. The company aims to enhance tech capabilities, expand globally, and focus on key markets to support customers worldwide.

Tata Motors Q4 Results: The company reported a net profit of Rs 12,033 crore in the year-ago period. The revenue for the quarter under review stood at Rs 1.20 lakh crore which was a 13.3% YoY jump.

Jupiter Wagons shares surged up to 10% to a new 52-week high of Rs 448.85, buoyed by robust Q4 results with revenue, EBITDA, and PAT soaring by 57%, 60%, and 167% respectively YoY. Systematix raised target price to Rs 535, citing integration, margin...

Adani Ports Share Price: Following Adani Ports' robust performance in the March quarter, brokerages have raised target prices, with Citi setting a target of Rs 1,782, indicating a 32% upside potential. Adani Ports shares, up 100% in the past year, w...

Adani Ports Q4 Results: Adani Ports and Special Economic Zone recorded a 77% YoY rise in consolidated net profit to Rs 2,014.77 crore, with revenue from operations increasing by 19% to Rs 6,896.50 crore. The board proposed a dividend of Rs 6 per sha...

KPIT Technologies shares surged 7% to Rs 1,520 on BSE after reporting a 47.3% YoY profit growth in Q4FY24, reaching Rs 164.4 crore. Revenue rose to Rs 1,317.8 crore, a 29% increase from the previous year. EBITDA margin stood at 20.7%, up 160 bps YoY.

The IT major projected constant currency revenue growth of 5.0-5.5% in FY24, compared to 5-6% guided earlier. This includes revenue recognition from the recently acquired German automotive engineering solutions provider ASAP Holding.

Wipro’s revenue from operations in the reporting period declined 4% YoY to Rs 22,208 crore, compared with Rs 23,190 crore in the corresponding period of last year.

Wipro Q4 Results: Wipro reported an 8% YoY decrease in net profit to Rs 2,835 crore for the quarter ended March 2024. PAT is slightly below estimates. Operating margins at 16.4%. Future outlook optimistic with a focus on AI transformation.

IT services company Wipro on Friday reported an 8% year-on-year (YoY) fall in consolidated net profit to Rs 2,835 crore for the quarter ended March 2024. It was Rs 3,074 crore in the last year quarter. Revenue from operations in the reporting period...

Infosys Q4 Preview: For the quarter ended March, the company’s consolidated revenue is seen dropping 0.4% sequentially, while growing 3.2% year-on-year (YoY) to Rs 38,650 crore, according to the average of estimates given by 10 brokerage firms.

L&T Q3 preview: L&T's profit on a consolidated basis could grow by 39% year-on-year for the quarter to Rs 3,362 crore, according to the average of estimates given by seven brokerages. This growth will be led by a 17% increase in the consolidated rev...

IT major Infosys on Thursday reported a consolidated net profit of Rs 6,106 crore for the quarter ended December, which was down 7% from Rs 6,586 crore reported in the previous year quarter. The profit figure was slightly below the ET NOW poll estim...

The company had reported a net profit of Rs 3,832 crore in the September quarter while a profit after tax (PAT) of Rs 4,097 crore in the corresponding period of the last financial year.

​India’s second-largest IT services firm highlighted concerns around slowing demand for technology services, which was also flagged a day earlier by its larger rival Tata Consultancy Services.