TCS Q4 UPDATE
SpiceJet returns to profit, aims to raise fresh funds Spicejet’s net profit had stood at Rs 17 crore in the corresponding period last year, according to the company’s statement. Ajay Singh, chairman and managing director of SpiceJet, said, “The results reflect our relentless efforts to enhance operatio...
15 Jul, 2024, 11.58 PM ISTSpiceJet Results: Budget carrier posts Rs 127 crore profit in Q4 versus loss a year ago Despite earlier financial difficulties and a ransomware attack delaying results, SpiceJet reported a 19% year-on-year decrease in consolidated revenue to Rs 1,738 crore for the fourth quarter. However, on a standalone basis, the airline saw a sixfol...
15 Jul, 2024, 08.27 PM ISTHCL Tech shares surge 4% on Q1 profit beat. Time to hold or buy? HCL Technologies reports a 20% YoY growth in net profit, reaching Rs 4,257 crore for the quarter ended June 2024. Brokerages maintain positive views on the stock with target prices ranging from Rs 1,720 to Rs 1,850.
15 Jul, 2024, 09.51 AM IST
HCL Tech net profit up 6.8% QoQ at Rs 4,257 crore; surpasses estimates Following the Tata Consultancy Services (TCS) earnings Thursday, several technology stocks surged to lifetime highs Friday, and were at the forefront of the stellar showing of the broader stock indices. TCS led the pack of five technology companies,...
13 Jul, 2024, 08.06 AM ISTHCLTech Q1 net profit up 6.8% at Rs 4,257 crore; beats estimates HCLTech's profit rose 6.8% to Rs 4,257 crore, driven by $70 million non-core income. EBIT, revenue declined. TCS earnings boosted stocks. CEO Vijayakumar noted Q2 State Street impact, steady FY25 guidance. Dividend declared. Headcount fell by 8,080,...
13 Jul, 2024, 06.01 AM ISTHCL Tech Q1 Results: Cons PAT jumps 20% YoY to Rs 4,257 crore, beats estimates 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...
12 Jul, 2024, 11.31 PM ISTTCS 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 s...
12 Jul, 2024, 02.25 PM ISTTCS 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 ...
12 Jul, 2024, 02.20 PM ISTTCS shows early signs of project ramp ups but demand recovery may take more time In addition, while the country’s largest IT exporter continued to bag fresh orders, the quantum of total contract value (TCV) was underwhelming when compared with the previous quarter.
12 Jul, 2024, 07.01 AM ISTAnand 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.
11 Jul, 2024, 08.17 PM ISTTCS 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,...
11 Jul, 2024, 06.19 PM ISTQ1 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...
11 Jul, 2024, 08.12 AM ISTTCS faces a muted Q1, trend in project ramping holds the key for Q2 show The country's largest software exporter is likely to report 1.4% sequential increase in the revenue at $7,466.1 million, according to the average of estimates by ETIG and nine brokerages.
10 Jul, 2024, 10.03 PM ISTAU Small Finance Bank shares tumble over 4% as total deposits decline QoQ AU Small Finance Bank's shares declined by 4.25% to Rs 644 on the BSE following a slight 0.4% QoQ decrease in total deposits, totaling Rs 97,290 crore for Q1 ended June 2024. Conversely, CASA deposits rose by 1.8% QoQ, reaching Rs 32,034 crore in Q1...
08 Jul, 2024, 12.45 PM ISTTitan 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 ...
08 Jul, 2024, 11.45 AM ISTHDFC Bank shares fall 4% as Q1 update disappoints investors HDFC Bank shares, previously rising due to potential MSCI weightage increase, fell over 4% on Friday to Rs 1,665.55 on BSE. This decline followed a sharp drop in CASA ratio in its June quarter update. Deposit growth was soft at 15.3% YoY (pro-forma)...
05 Jul, 2024, 11.27 AM ISTYES Bank Q1 Update: Advances rise 15% YoY to Rs 2.29 lakh cr, deposits grow 21% The bank's credit-to-deposit ratio for the first quarter was 86.4%, down from 91.3% in the same quarter last year. During the April-June 2024 period, the liquidity coverage ratio improved to 137.8%.
02 Jul, 2024, 09.12 PM ISTGo Digit Q4 Results: PAT jumps 104% YoY to Rs 53 crore; gross written premium up 19% The net profit stood at Rs 182 crore for the full financial year as against Rs 36 crore in FY23, recording a 405% jump. The gross written premium for the full financial year stood at 9,016 crore versus Rs 7,243 crore in FY23.
11 Jun, 2024, 08.36 PM ISTTCS 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 larg...
13 Apr, 2024, 10.51 AM ISTTCS 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 reven...
12 Apr, 2024, 06.16 PM IST