TCS Q4 NEWS

Q4 results: Stable costs boost India Inc. profits

Steady costs and firm domestic demand supported corporate performance in the March quarter.

Apollo Hospitals shares rally 3% after reporting Rs 258 crore profit. Should you buy, sell or hold?

Apollo Hospitals Share Price: Apollo Hospitals shares surged by 3.4% during Friday's early trading session, reaching a peak of Rs 5,955. This uptick followed the company's announcement of a significant 77% year-on-year (YoY) increase in its net profit.

Tata Steel shares fall 3% post Q4 results. Should you buy, sell or hold?

Tata Steel shares fell 3% after reporting a 64% decline in net profit to Rs 611 crore in Q4FY24, missing D-Street's estimates. Jefferies sees weak results but better than expected, with Motilal Oswal stating revenue at Rs 36,600 crore and ASP affecting EBITDA/t. Jefferies has a 'buy' call with a target price of Rs 200.

IRCTC shares drop 5% after Q4 results miss Street expectations

IRCTC's stock witnessed a 5% decline, reaching the day's low of Rs 1,028, following the company's announcement of a consolidated profit after tax (PAT) of Rs 284 crore, which was below expectations, marking a modest increase of 1.8% on a year-on-year (YoY) basis.

United Spirits shares rally 3% after Q4 results. Should you buy, sell or hold?

United Spirits (USL) shares experienced a 3% surge on the BSE. This increase came after the company announced a significant rise in consolidated net profit, which doubled to Rs 241 crore for the March quarter.

LIC Q4 Results: Cons PAT jumps 4.5% YoY to Rs 13,782 cr; dividend declared at Rs 6 per share

LIC Q4 Results: The company had reported a net profit of Rs 13,191 crore in the corresponding period of the last financial year. The Total Premium Income for the year ended March 31, 2024, was reported at Rs 4,75,070 crore. It was Rs 4,74,005 crore for the year ended March 31 2023. The Total Individual Business Premium for the financial year increased to Rs 3,03,768 crore from Rs 2,92,763 crore reported for the comparable period of the previous year.

Divi's Laboratories Q4 Results: Cons PAT soars 68% YoY to Rs 538 crore; dividend declared at Rs 30 per share

Divi's Laboratories Q4 Results: Net profit stood at Rs 321 crore in the corresponding quarter of the last financial year. The consolidated revenue in Q4 FY24 jumped 18% YoY to Rs 2,303 crore from Rs 1,951 crore reported in Q4 FY23. For the full financial year FY24, the consolidated profit after tax was reported at Rs 1,600 crore, a considerable drop from Rs 1,824 crore reported in FY23.

Karnataka Bank Q4 Results: Net profits dips 23% YoY to Rs 274 crore, dividend declared at Rs 5.5 per share

Its net interest margin, a key profitability metric, fell 57 basis points to 3.3% for the quarter as compared with 3.87% seen in the year-ago period. Net interest income was 3% lower at Rs 834 crore.

Ashok Leyland Q4 Results: Net profit jumps 20% to Rs 900.41 crore

Revenues from operations in the quarter under review stood at Rs 11,266.69 crore as compared to Rs 11,625.67 crore in the year-ago period.

Senco Gold Q4 Results: PAT rises 24% YoY to Rs 32 crore; revenue jumps 40%

Senco Gold, a listed jewellery company, experienced a significant boost in its net profit during the fourth quarter of FY24, thanks to the surge in gold prices. The net profit increased by 23.6%, reaching Rs 32.17 crore compared to Rs 26.03 crore in the fourth quarter of FY23.

ICRA Q4 Results: Net profit jumps 22% YoY to Rs 47 crore

Its firm growth in the core rating business drove the firm’s performance amid healthy demand for credit in the economy. Sequentially, the firm’s net profit registered a sharper increase, rising 45% from Rs 32.41 crore in the October-December quarter.

Puravankara Q4 Results: Loss narrows to Rs 7 crore YoY; revenue shoots up 112% YoY

The firm has launched 12 projects with a saleable area of 9.47 million square feet, reinforcing its expansion into high- potential micro-markets for the fourth quarter (Q4FY24) ending March 31, 2024.

Nykaa shares rally 3% after Q4 results. What brokerages recommend you should do

The company also posted a 28% year-on-year (YoY) increase in operating revenue for the March quarter to Rs 1,667 crore led by a 24% increase in the core business, beauty and personal care (BPC), to Rs 1,388 crore during the quarter.

Honasa Consumer Q4 Results: Co posts profit of Rs 30 crore; revenue rises 21% YoY

Honasa Consumer Q4 Results: Revenue from operations in the fourth quarter increased 21% year-on-year (YoY) to Rs 471 crore against Rs 388 crore in the corresponding quarter of the previous fiscal. The company clocked its highest-ever profit during the March quarter, which led to a 780-bps improvement in EBITDA margins YoY.

ITC Q4 Results: Profit falls marginally to Rs 5,120 crore, misses estimates

ITC Q4 Results: Revenue from operations rose 2% year-on-year (YoY) to Rs 19,446 crore in the January-March 2024 period, compared with Rs 19,058 crore in the corresponding period of last year. The Board has also recommended a final dividend of Rs 7.50/share for the financial year ended March.

Eris Lifesciences Q4 Results: Net profit jumps over 29% to Rs 80 crore

The Ahmedabad-based drug maker reported a net profit of Rs 61.5 crore during the corresponding quarter of the previous year. Revenue of Q4FY 24 grew by 37% YoY to Rs 551 crore. The net debt on March 31 stood at Rs 2700 crore.

Metropolis Healthcare Q4 Results: Net profit rises 8% to Rs 36 crore

The diagnostic chain reported Rs 33.5 crore net profit in the corresponding quarter of the previous year. Revenue from operations grew by 11% YoY to Rs 313 crore.

TCS shares defy market sell-off as target prices rise after Q4 beat. Should you buy?

TCS shares rose up to 1% to the day's high at Rs 4,063 on BSE even as Sensex and Nifty fell around 1%. During the March quarter, TCS reported a 2.2% YoY increase in its revenue at Rs 61,237 crore in constant currency terms, despite ongoing demand weakness

TCS raises recovery hopes driven by strong deal momentum

Buoyed by a mega 15-year deal with the UK-based insurer Aviva, which is pegged at around $ 2.5 billion according to media reports, the country’s largest software exporter reported a total contract value (TCV) of $13.2 billion for new deals, the largest in a single quarter.

TCS Q4 show trumps D-Street expectations: 5 takeaways from the earnings

TCS Q4 Results: The company's order book for FY24 was at an all-time high of $42.7 billion and record $13.2 billion in the March quarter, led by the mega deal with Aviva and others in the emerging markets vertical.

TCS Q4 Results: Profit rises 9% YoY to Rs 12,434 crore, beats estimates

TCS Q4 Results: Revenue from operations increased by a marginal 3.5% year-on-year (YoY) to Rs 61,237 crore. On a sequential basis, profit after tax jumped 12%, compared with Rs 11,058 crore clocked in the preceding December quarter. Revenues were up 1% quarter-on-quarter (QoQ).

TCS announces final dividend of Rs 28 per share

This will be paid on the fourth day from the conclusion of the 29th Annual General Meeting. TCS' revenue for the January-March quarter stood at Rs 61,237 crore, up 3.5% on a year-on-year basis and 2.2% YoY in constant currency terms. Full-year revenue was reported at Rs 240,893 crore, up 6.8% YoY and over 3.4% in the CC terms while the net income stood at Rs 46,585 crore jumping by 10.5% YoY.

TCS Q4 Results: Profit zooms 9% YoY to Rs 12,434 cr; firm declares Rs 28/share dividend