RS SOFTWARE INDIA LTD Q1 RESULTS

TCS announces interim dividend of Rs 10 per share, fixes record date

TCS shares will begin trading without the upcoming dividend included in the stock price on or before the record date. This change impacts which shareholders are eligible to receive the dividend payment, announced alongside the company's Q1 results showing an 8% increase in consolidated net profit to Rs 12,105 crore.

TCS shares surge 7% on strong Q1 show, lifting D-Street to fresh record highs

TCS Share Price: Shares of TCS surged 6% to Rs 4,169 in early NSE trading after reporting higher-than-expected earnings for the June quarter. Jefferies upgraded TCS and raised its price target, while CLSA and JPMorgan maintained ratings with higher targets. Domestic analyst Nuvama also increased its target price.

We are happy with Q1 results but not in a position to say TCS is on a growth path again: CEO

TCS foresees FY25 outperforming FY24, leveraging AI and cost optimization despite market volatility, BFSI challenges, and election impacts. With Q1 achievements, reduced attrition, strategic headcount growth, and strong India business, performance remains robust. Investments in talent, discretionary project validation, and technology adaptation sustain a healthy order book, even amid fewer mega deals and extended decision-making cycles.

Mukesh Ambani-led RIL to declare Q1 results on July 19

RIL Q1 Results Date: RIL's board will meet on July 19 to approve its June quarter results. RIL shares ended at Rs 3,163.50 on the NSE on Thursday, down by Rs 3.40 or 0.11% from the previous closing price.

TCS, Infy power D-Street to fresh record highs! Sensex soars 900 points, Nifty tops 24,500 for the first time

Indian markets rose Friday, led by TCS's strong June quarter. Sensex climbed 281 points, Nifty50 up 93 points. Stocks like TCS, Infosys, and Adani Ports surged. Maruti fell. US inflation data raised September Fed rate cut chances, noted by CME FedWatch. RBI's Das predicted 5% retail inflation. Powell's testimony hinted at possible rate cuts.

Q1 results today: HCL Tech, IREDA among 14 companies announce earnings on Friday

TCS has started the first quarter earnings season with positive results, signaling an improved business environment. Today, HCL Tech, along with 13 other companies, will announce their earnings for the quarter ended June. Other notable companies reporting earnings include 5paisa Capital, Atharv Enterprises, Betala Global Securities, Gautam Gems, Golkonda Aluminum, Indo Cotspin, Infomedia Press, IREDA, and Oriental Hotels.

TCS is the largest IT company and the safest; expect better profitability down the year: Mahantesh Sabarad

TCS reported Rs 62,000 crore revenue with a 24.6% margin due to execution delays and profit decline. Mahantesh Sabarad is optimistic, recommends Tata Tech for midcaps. Accenture sees high deal flow but delays. US dollar revenue at $7.5 billion. AI improves IT support, cyber security; SG&A expenses impact margins. Enterprise solutions might decline, back-end services to grow.

HCL Tech Q1 Results Preview: PAT may grow 6% YoY to Rs 3,745 crore, revenue uptick seen at 6.5%

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 tax (PAT), a sequential decline is anticipated due to project completions and reduced discretionary spending.

Anand Rathi Wealth Q1 results: PAT, revenue jump 38% YoY; AUM surges 59% to Rs 69,018 cr

The MF revenue surged by 70% YoY to Rs 89 crore, while net inflows grew by 173% to Rs 3,364 crore. Equity mutual fund net inflows saw a significant increase of 462%, reaching Rs 2,091 crore.

Prestige Estates Q1 Results: Sale bookings fall 23% YoY to Rs 3,029 cr

Realty firm Prestige Estates Projects Ltd has reported a 23 per cent decline in its sale bookings to Rs 3,029.5 crore in the first quarter of this fiscal on lower volumes due to delay in launches of new projects. Its sale bookings stood at Rs 3,914.7 crore in the year-ago period.

TCS Q1 Results: PAT rises 9% YoY to Rs 12,040 cr; management briefs on FY25 Q1 performance

TCS Q1 Results: Cons PAT rises 9% YoY to Rs 12,040 crore, beats estimates

TCS Q1 Results: IT bellwether TCS reported a 9% YoY growth in its June quarter consolidated net profit, reaching Rs 12,040 crore, compared to Rs 11,120 crore in the same quarter last financial year. This profit exceeded the Street estimate of Rs 11,900 crore. Additionally, the company's board recommended a dividend of Rs 10 per share.

TCS Q1: Cons PAT rises 9% YoY to Rs 12,040 crore, beats estimates

TCS Q1 Results: PAT at Rs 12,105 cr; management briefs on FY25 Q1 performance | LIVE

D-Street's cooling earnings momentum set to challenge stock rally

HDFC Bank Ltd. and Bank of Baroda Ltd. posted a sequential drop in credit growth, suggesting that lenders — who have the highest weighting in the index are struggling to keep up the rapid expansion seen in recent years.

Q1 results today: TCS, Anand Rathi Wealth among 17 companies to announce earnings on Thursday

Tata Consultancy Services (TCS) and 16 other companies, including Akme Fintrade, will report Q1 results on Thursday. TCS anticipates an 8% profit rise. Prabhudas Lilladher and ICICI Securities provided top estimates. Kotak Equities predicts 5% sales growth. Revenue growth from strong orders; weakness in financial services. EBITDA up 10%; wage revision affects EBIT margins; sequential growth; weak telecom revenues expected.

Tata Elxsi Q1 Results: Net profit falls 3% YoY to Rs 184 crore

Tata Elxsi Q1 Results: Revenue from operations for the reporting period grew by 9% year-on-year, reaching Rs 926 crore compared to Rs 850 crore in the same period last year. Sequentially, net profit for the quarter dropped by 6% from Rs 196 crore in the preceding December quarter. However, revenues increased by 2% quarter-on-quarter. Total expenses for the first quarter rose by 13% year-on-year to Rs 706 crore, compared to Rs 624 crore in the same quarter last year.

Q1 result season begins: 30 companies may report over 100% growth in profit

Nifty may report 4% Q1 earnings growth driven by BFSI, auto, metals, healthcare, and real estate, with Trent and Zomato showing significant consumption sector growth. Pharmaceuticals Glenmark Pharma and Laurus Labs have high growth, private and PSU banks lower. Motilal Oswal and Kotak predict 30 companies may report over 100% profit growth.

Delta Corp Q1 Results: Profit falls 34% YoY to Rs 40.48 crore

Delta Corp Q1 Results: Revenue from operations in the reporting period dropped 16% year-on-year to Rs 143 crore. Segment-wise, revenue from the gaming operations declined 16% year-on-year to Rs 130 crore for the quarter ended June. Meanwhile, hospitality revenues, too, were down to Rs 12 crore from Rs 14.91 crore in the last year period.

GM Breweries Q1 results: Profit jumps 25% YoY, revenue up 3%

GM Breweries (GMBL) posted a Q1FY25 profit of Rs 24.94 crore and Rs 600.59 crore revenue, up 25% and 3%. Total income Rs 604.22 crore, up 4% YoY. Largest in Maharashtra’s country liquor (CL) market, owns GM Santra, GM Doctor, GM Limbu Punch, GM Dilbahar Sounf.

Tata Motors Q1 Update: Global wholesales rise 2% YoY to 3.29 lakh units

In Q1 FY25, global wholesales of Tata Motors' passenger vehicles totaled 138,682 units, a 1% decrease compared to Q1 FY24. Global wholesales of all commercial vehicles and Tata Daewoo range in Q1 FY25 totaled 93,410 units.

Titan shares fall 4% as weak Q1 update leads to target price cuts

Titan Share Price: Titan Company's shares dropped 4% on Monday due to lower-than-expected business growth, prompting target price cuts from global brokerages. The company reported varied performance in different divisions, with challenges like high gold prices affecting consumer demand.

HDFC Bank gross advances jump 52.6% on-year in Q1 to Rs 24.8 lakh crore

HDFC Bank's gross advances increased by 52.6% year-on-year to ₹24.87 lakh crore in the quarter ending June 30, driven by its merger with HDFC Limited last July. Excluding the merger impact, advances grew by 14.9% from June 30, 2023, reaching ₹25.08 lakh crore by March 31, 2024.