TRIDHYA TECH LTD Q1 RESULTS
HCLTech headcount dips by 8,080 in Q1FY25 HCLTech experiences a notable increase in employee count by 8,080 for the quarter ending June, reaching a total of 219,401 employees. Meanwhile, TCS adds 5,452 employees, reversing headcount reduction trend. HCLTech reports a 20.4% YoY increase in n...
13 Jul, 2024, 12.36 PM ISTQ1 results today: DMart among 14 companies to announce quarterly earnings Other results to watch out for include Bhansali Engineering, Excel Realty N Infra, Geojit Financial Services, Hathway Bhawani Cabletel, J Taparia Projects, Kernex Microsystems, K&R Rail Engineering, Mishtann Foods among others.
13 Jul, 2024, 11.12 AM ISTHCL Tech’s weak Q1 revenue hints at demand concerns HCL Tech's Q1 FY25 results were mixed, with better-than-expected net profit due to higher other income offsetting disappointing revenue growth. Operating margins were under pressure as anticipated, and the company secured fewer new deals compared to...
13 Jul, 2024, 07.32 AM IST- ADVERTISEMENT
HCL 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 ISTHCL TECH Q1 Results: Profit jumps 20% YoY, beats estimates HCL Tech on Friday reported 20% growth in its consolidated net profit at Rs 4,257 crore for the quarter ended June 2024. The same stood at Rs 3,534 crore a year ago. The profit beat the ET Now poll estimate of Rs 3820 crore.HCL TECH Q1 Results: Prof...
12 Jul, 2024, 07.37 PM ISTHCL Tech Q1 Results: Management briefs on FY25 Q1 performance | LIVE HCL Technologies, one of India's largest IT companies, is anticipated to announce a 6% year-on-year increase in net profit for the quarter ending June 30, 2024, amounting to Rs 3,745 crore, based on average estimates from four brokerages.HCL Tech Q1...
12 Jul, 2024, 06.38 PM ISTTCS Q1 beat fuels market rally, lifts Sensex, Nifty and m-cap to new records The market capitalization of all BSE-listed companies reached a record high, increasing by Rs 1.18 lakh crore to Rs 452.36 lakh crore. TCS, India's leading IT services company, saw a 6.7% rise after surpassing revenue expectations. This surge contri...
12 Jul, 2024, 04.25 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 ISTWe 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 r...
12 Jul, 2024, 01.28 PM ISTIT stocks surge up to 6% led by midcap counter Mphasis as TCS Q1 cheers D-Street Indian IT stocks surged due to TCS's robust June quarter earnings. The Nifty IT index rose 3.7%. Infosys and TCS led gains with Rs 62,613 crore revenue and Rs 12,040 crore net profit. MphasiS had notable intraday gains, while HCL Technologies showed...
12 Jul, 2024, 12.09 PM ISTTCS, 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 FedWa...
12 Jul, 2024, 11.12 AM ISTQ1 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 rep...
12 Jul, 2024, 08.36 AM ISTTCS 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 i...
12 Jul, 2024, 08.15 AM ISTWhat to expect from HCL Tech Q1 earnings? Omkar Tanksale answers This largely impacted the operating margin negatively. However, the worst is over, and there are green shoots in terms of demand as they have started executing well. The BFSI sector in North America is still under stress, but we expect demand to imp...
12 Jul, 2024, 08.00 AM ISTHCL 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 ...
11 Jul, 2024, 10.59 PM ISTTCS Q1 results; Pine Labs, Swiggy valuations slashed Indian IT bellwether TCS kicked off the tech earnings season with a 9% YoY growth in net profit for the June quarter. This and more on today's ETtech Top 5.
11 Jul, 2024, 08.01 PM ISTQ1 results, FII action among 10 factors to impact D-Street mood this week Nifty gained 1.2%, driven by IT, energy, and pharma stocks. U.S. labor data, TCS earnings, Rupee vs. Dollar, Bank Nifty, oil prices, FIIs, IPO action, and dividends will influence markets next week. Bulls maintain strength with positive sentiment an...
07 Jul, 2024, 09.32 AM ISTIT stocks rally up to 32% in 1 month. Will Q1 results mark end of sluggish revenue growth? IT sector experiences bullish rally ahead of Q1 results with Tech Mahindra, Coforge, and Infosys emerging as top stock recommendations.
03 Jul, 2024, 10.28 AM ISTInfosys, Tech Mahindra among 6 IT stocks that could surprise positively in Q1 results: JM Financial Stating that Tech Mahindra remains a ‘buy' on turnaround hopes while KPIT Technologies and Tata Technologies are structural bets on auto ER&D theme, domestic brokerage firm JM Financial believes that Q1 results for the IT sector could positively sur...
01 Jul, 2024, 05.50 PM ISTIT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signals Indian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong demand environment to drive healthy earnings growth.
21 Jun, 2024, 11.04 AM IST