TCV
Coforge Q4 Results: Net profit zooms 95% YoY to Rs 223.7 crore Coforge's revenue from operations was up 8.68 per cent to Rs 2,358.5 crore against Rs 2,170 crore in the corresponding quarter in FY23, according to a regulatory filing by the company.
02 May, 2024, 10.26 PM ISTBirlasoft Q4 Results: Net profit jumps 60% YoY to Rs 180 crore The growth in profit in Q4 comes on the back of a surge in non-core income, a slight increase in operating margin and a decline in employee expenses. Operating margin jacked up by 33 bps (3.8% QoQ) to end at 14.7% in the final quarter of FY24.
29 Apr, 2024, 10.24 PM ISTDeals, hiring show HCL Tech can tap expected IT bounce Revenue in the major markets of the US and Europe grew sequentially by 4.2% and 2.3%, respectively, while major business verticals also showed higher revenue. But what sets HCLTech apart from peers is the fact that it continued to add headcount duri...
27 Apr, 2024, 07.33 AM IST- ADVERTISEMENT
HCL Tech Q4 Results: PAT rises marginally to Rs 3,995 crore, misses estimates HCL Tech' net profit was recorded at Rs 3,981 crore in the year-ago period.
26 Apr, 2024, 06.09 PM ISTMphasis Q4 Results: Profit dips 3% YoY; revenue falls by 5% Mphasis Q4 Results: Revenue from operations during the quarter declined 1.5% to Rs 3,412 crore as compared to Rs 3,361 crore in the year ago quarter. Sequentially, the revenues fell 2.2% from Rs 3,337.9 crore in December quarter.
26 Apr, 2024, 12.14 PM ISTHCL Tech Q4 Preview: Revenue may rise, but PAT seen declining; all eyes on FY25 guidance 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.
26 Apr, 2024, 06.20 AM ISTTech Mahindra Q4 Results: PAT plunges 41% YoY to Rs 661 cr; Rs 28/share dividend declared Tech Mahindra Q4 Results: Tech Mahindra reported a 41% YoY drop in March quarter net profit to Rs 661 crore. Revenue fell 6.2% YoY to Rs 12,871.30 crore. FY24 PAT was Rs 2,396.80 crore.
25 Apr, 2024, 04.21 PM ISTTech Mahindra Q4 Results Preview: Weakness to persist as profit, revenue seen falling TechM to report -1.4% quarter-on-quarter decline in CC and -1.0% decline in USD - driven by weakness in the Telecom segment and absence of pass-through revenues. Margins to expand by 200 bps quarter-on-quarter to 7.3%, on the back of the absence of ...
25 Apr, 2024, 06.25 AM ISTQ4 results today: HUL, Axis Bank, LTIMindtree among 22 companies to announce earnings Today marks a significant day for investors and market participants as several key companies from various sectors are set to announce their fourth-quarter results. Among the notable earnings releases, Hindustan Unilever (HUL), LTIMindtree, Indian Ho...
24 Apr, 2024, 09.47 AM ISTSustained deal momentum and margin improvement augur well for Wipro Wipro’s net profit rose by 5.2% sequentially to Rs 2,834.6 crore in the March quarter, much faster than the analysts’ average estimate of 2.5% growth. It was driven by a 40 basis point improvement in the operating margin at 16.4%, again higher than ...
19 Apr, 2024, 10.25 PM ISTInfosys sustains deal wins, near-term outlook hazy Infosys disappointed in FY24 with slow revenue growth, weak guidance, and shrinking headcount. Despite TCV of new deals, the company faces pressure. Stock weakness expected due to lackluster guidance and margin contraction.
19 Apr, 2024, 12.22 PM ISTWipro Q4 Results Preview: Muted show likely once again, all eyes on new CEO’s growth roadmap Wipro Q4 Results Preview: The company is projected to see its consolidated revenue remain stagnant compared to the previous quarter and decrease by 4.3% year-on-year (YoY) to Rs 22,185 crore, based on the average estimates provided by 10 brokerage f...
19 Apr, 2024, 10.17 AM ISTWhy hasn’t Infosys upgraded margin guidance if TCVs are at record high? Sandip Agarwal asks Sandip Agarwal asks: "Despite a strong TCV, why is the growth guidance so low? We are not able to connect the dots of what is pulling down growth so much and why they are projecting this kind of growth. In my view, this guidance and these numbers ar...
19 Apr, 2024, 08.52 AM ISTInfosys Q4 Results Preview: Weak discretionary spending to weigh on sales, FY25 guidance seen conservative 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.
18 Apr, 2024, 10.08 AM 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 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...
12 Apr, 2024, 06.17 PM ISTBig IT’s strong deal flows in Q2 hint at possible rebound later in the year After a subdued second quarter show by TCS on Wednesday, Infosys and HCLTech reported numbers on Thursday. Infosys beat the average analyst estimates in terms of revenue and net profit. While HCLTech disappointed on the revenue front, its net profit...
13 Oct, 2023, 05.36 AM ISTIT stocks in focus as seasonally-strong Q1 likely to be weak; what can Dalal Street expect? The June quarter earnings for the information technology (IT) sector are expected to be weak due to a slowdown in discretionary spending. Factors such as scaled-down budgets, lack of operating leverage, higher costs, transition costs, and pricing pr...
03 Jul, 2023, 03.35 PM ISTAt 4-7%, Infosys sees slowest sales rise in six years in FY24 Infosys forecast its slowest revenue growth in six years of 4-7% for fiscal year 2024 as India’s second largest software exporter flagged “ramp downs” of client mandates amid an uncertain macro environment in its major markets of US and Europe.
15 Apr, 2023, 10.18 AM ISTWe believe TCV wins are fairly sustainable: Nitin Rakesh Very hard to predict when this cycle will turn precisely but it is fair to say that the current seizing of the market is not likely to sustain for very long and given that the mortgage business is now less than 9% of overall revenue, I think we hav...
20 Jan, 2023, 02.33 PM IST