REVENUE ESTIMATES
Tech Mahindra Q3 Results: Profit plunges 61% YoY to Rs 510 cr, misses estimates
Tech Mahindra reported a disappointing set of quarterly numbers on Wednesday, as the consolidated net profit plunged 61% year-on-year (YoY) to Rs 510 crore and was below an ETNow poll of Rs 590 crore. Consolidated revenue from operations declined nearly 5% YoY to Rs 13,1...
Dr Reddy's Q3 Results: Profit meets estimates, jumps 11% YoY to Rs 1,379 cr; revenue up 7%
Leading pharma player Dr Reddy's on Tuesday reported a 11% growth in its consolidated net profit at Rs 1,379 crore for the quarter ended December 2023. The same stood at Rs 1,247 crore in the same quarter last year. Revenue from operations increased 7% year-on...
Britannia Q2 Results: Profit beats estimates, rises 19% YoY to Rs 588 cr
Britannia Industries Ltd on Wednesday reported a 19% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 588 crore. The profit was slightly above an ETNow poll of Rs 533 crore. Consolidated net revenue from operations grew by merely 1% on ...
Reliance Industries Q3 Results: Profit beats estimates, rises 9% YoY to Rs 17,265 cr; revenue up 3.6%
MUMBAI - Reliance Industries (RIL) on Friday reported a 9.3% year-on-year (YoY) growth in consolidated net profit for the quarter ended December to Rs 17,265 crore.The figure was higher than an ETNow poll of Rs 16,944 crore.Reliance Industries Q3 Re...
Bharti Airtel Q2 Results: PAT falls 37% YoY to Rs 1,341 cr; misses estimates
Telecom major Bharti Airtel on Tuesday reported a 37% fall in its net profit to Rs 1,341 crore for the quarter ended September 2023. The same stood at Rs 2,145 crore a year ago. Revenue from operations in the reporting quarter increased 7% to Rs 37,044 crore, compared with ...
Hero MotoCorp Q2 Results: Profit beats Street estimates, zooms 47% YoY to Rs 1,054 cr
Hero MotoCorp on Wednesday reported strong earnings for the quarter ended September 2023, with the net profit surging over 47% year-on-year (YoY) to Rs 1,054 crore. The bottomline was higher than the ETNow poll of Rs 983 crore. Revenue from operations increased 4% ...
Sun Pharma Q2 Results: PAT beats estimates, rises 6% YoY to Rs 2,385 cr; revenue up 11%
Sun Pharmaceutical Industries on Wednesday reported a 6% year-on-year (YoY) growth in consolidated net profit for the September quarter to Rs 2,385 crore. Revenue from operations increased 11.3% YoY to Rs 12,192 crore. Operating profit, calculated as earnings bef
HCL Tech Q2 Results: PAT rises 10% YoY to Rs 3,832 cr; beats estimates
IT services company HCL Technologies on Thursday reported 10% growth in its consolidated net profit at Rs 3,832 crore for the quarter ended September. The same stood at Rs 3,489 crore in the last year period. Revenue from operations during the period rose 8% to Rs 26,672 crore as
Cipla Q1 Results: Profit zooms 45% YoY to Rs 996 crore, beats estimates; revenue up 18%
harmaceutical major Cipla reported a 45% year-on-year (YoY) growth in consolidated net profit for the June 2023 quarter to Rs 996 crore. The total revenue from operations grew by nearly 18% to Rs 6,329 crore. EBITDA grew by 31% YoY to Rs 1,494.02 crore. Operating
Axis Bank Q1 Results: Profit soars 40% YoY to Rs 5,797 crore, beats estimates; NII rises 27%
Axis Bank reported a standalone net profit of Rs 5,797.10 crore for the quarter ended June 2023, up 40% year-on-year (YoY) over Rs 4,125.26 crore profit reported by the company in the corresponding period of the last financial year. The bank’s net interest i
Govt reduces windfall tax revenue estimate for FY23 to Rs 30,000 to Rs 35,000 cr
Govt reduces windfall tax revenue estimate for FY23 to Rs 30,000 to Rs 35,000 cr. Moody's had earlier estimated Rs 94,800 cr revenue in FY23ET Now's Meghna Mittalhas more detailsGovt reduces windfall tax revenue estimate for FY23 to Rs 30,000 to Rs 35,000 cr
TCS Q1 Results: Profit rises 17% YoY to Rs 11,074 crore, beats estimates; dividend declared at Rs 9/share
Technology major Tata Consultancy Services (TCS) reported a nearly 17% year-on-year (YoY) rise in consolidated net profit for the June quarter to Rs 11,074 crore. Consolidated revenue increased nearly 13% YoY to Rs 59,381 crore. The board has ap
Direct tax collections rise 24.58% to Rs 14.71 lakh cr in FY23: Finance Ministry
According to government data, the country's gross direct tax collection of the current fiscal year (FY23) till January 10 went up 24.58 per cent to Rs 14.71 lakh crore, against the gross collections made in the corresponding period the previous fiscal. According to the
TCS Q3 profit rises 4% QoQ to Rs 10,846 cr, misses market estimates
Tata Consultancy Services Ltd pleasantly surprised the Street with a 5.3% sequential rise in consolidated revenue for the quarter ended December to Rs 58,229 crore. The revenue was above the ET Now poll of Rs 56,893 crore.TCS Q3 profit rises 4% QoQ to Rs 10,846 cr, misses market est
LTIMindtree Q1 Results: Profit rises 4% YoY to Rs 1,151 cr, misses estimates; revenue up 14%
IT services company LTIMindtree has reported a consolidated net profit of Rs 1,151 crore for the quarter ended June, which is higher by 4%, compared with Rs 1,106 crore in the same quarter last year. Revenue from operations during the first quarter rose 14%
Infosys Q4 Results: Profit rises 8% YoY to Rs 6,128 cr; misses Street estimates
Infosys, on Thursday, reported an 8% year-on-year (YoY) growth in consolidated net profit for the quarter ended March 2023 at Rs 6,128 crore. Meanwhile, consolidated revenue for the period increased by 16% on year to Rs 37,441 crore. The company missed analysts' estimate
Hero MotoCorp Q4 Results: PAT beats estimates, jumps 37% YoY to Rs 859 cr; revenue up 12%
Two-wheeler manufacturer Hero MotoCorp on Thursday beat Street estimates by reporting a 37% year-on-year (YoY) jump in its March quarter net profit at Rs 859 crore. This was significantly higher than the estimate of Rs 762 crore, as shown in an ET NOW poll of a
Accenture forecasts Q1 revenue to grow at 15% YoY, below Street estimates
Accenture's forecast for free cash flow for 2022 misses street expectations. However, the tech giant expects revenue to grow 15% YoY in the first quarter of the next fiscal to $15.42 bn. ET Now's Anisha Jain joins in to share key takeaways!Accenture forecasts Q1 revenue to gro
Accenture reports Q2 revenue at $15.8 bn, beats estimates; trims Q3 forecasts
IT services firm Accenture Plc forecast third-quarter revenue below Wall Street estimates on Thursday on worries that budget cuts from recession-wary enterprises will weigh down on its business.Accenture reports Q2 revenue at $15.8 bn, beats estimates; trims Q3 forecasts
HUL Q3 Results: Profit meets estimates, rises 12% YoY to Rs 2,505 crore
Hindustan Unilever (HUL) on Thursday reported a net profit of Rs 2,505 crore for the December quarter, up 12% over the corresponding period of last year. The company had posted a profit of Rs 2,243 crore in the last year period. HUL Q3 Results: Profit meets estimates, rises 12%
Infosys Q3 Results: Profit beats estimates, rises 13% YoY to Rs 6,586 cr
Infosys on Thursday reported a 20.2% year-on-year (YoY) rise in consolidated revenue for the quarter ended December 2022 to Rs 38,318 crore. Consolidated net profit for the quarter rose 13.4% on year to Rs 6,586 crore. Margin has dipped by 200 basis points on year, but largely
Cipla Q3 Results: Profit rises 10% YoY to Rs 801 cr, misses estimates; revenue up 6%
Cipla on Wednesday reported a 10% year-on-year (YoY) rise in consolidated net profit for the quarter ended December 2022 to Rs 801 crore, but this was lower than the ET Now poll estimate of Rs 880 crore. Consolidated revenue from operations grew a meagre 6% on year
Bajaj Auto Q3 Results: Profit beats estimates, rises 23% YoY to Rs 1,491 cr; revenue up 3.3%
Bajaj Auto Limited on Wednesday reported a nearly 23% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 1,491.42 crore and beat ET Now poll of Rs 1,351 crore. Revenue from operations rose 3.3% YoY to Rs 9,315.14 crore and was also ab
HCL Tech Q3 Results: Profit beats estimates, rises 19% YoY to Rs 4,096 cr; Rs 10 dividend announced
HCL Technologies on Thursday reported 19% year-on-year (YoY) growth in consolidated net profit to Rs 4,096 crore. The revenue for the quarter grew nearly 20% on year to Rs 26,700 crore. The bottomline was way above the ET Now poll of Rs 3,680 crore. S
Asian Paints Q3 Results: PAT misses Street estimates, rises 6% YoY to Rs 1,073 cr; revenue up 1.3%
Asian Paints consolidated net profit for the December quarter rose 5.6% on year to Rs 1,073 crore, while revenue increased by a moderate 1.3% to Rs 8,636.74 crore. Consolidated operating profit increased by 4.5% on year to Rs 1,611.43 crore, while the
Titan Q2 Results: Profit jumps 34% YoY to Rs 857 crore, beats estimates
Titan on Friday reported a 34% year-on-year (YoY) rise in net profit for the September quarter to Rs 857 crore, beating ET Now poll of Rs 729 crore.Total revenue from operations increased 22% on year to Rs 8,730 crore, and was also above ET Now poll of Rs 8,441 crore. The jewell
M&M Q2 Results: Profit beats Street estimates, zooms 46% YoY to Rs 2,090 cr; revenue up 57%
Mahindra & Mahindra (M&M) on Friday reported a 46% YoY jump in its standalone profit after tax (PAT) at Rs 2,090 crore in the September quarter of the ongoing financial year. The company's quarterly revenue rose 57% YoY to Rs 20,839 crore, slightly higher tha
TCS Q2 Results: Profit rises 8% YoY, beats estimates; firm declares dividend of Rs 8 per share
India's largest software services exporter Tata Consultancy Services or TCS on Monday reported an 18% YoY growth in its revenue at Rs 55,309 crore. Its net profit increased 8.4% YoY to Rs 10,431 crore. The company also announced a second interim dividend o
India will be able to collect more taxes, better in terms of budgeted estimates: Revenue Secretary Tarun Bajaj
Revenue Secretary Tarun Bajaj is confident that India will be able to collect more taxes, better in terms of budgeted estimates. Listen in India will be able to collect more taxes, better in terms of budgeted estimates: Revenue Secretary Ta
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