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Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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1 min read

Mahindra Lifespace posts nearly Rs 19 crore loss in September quarter

Total income declined to Rs 25.7 crore during the July-September period of the 2023-24 financia…

PTI   


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Mahindra Q2 2023-24 PAT up 6% at Rs 2,348 cr

Revenue grew 15 per cent year-on-year to Rs 34,436 crore in the second quarter this fiscal, it …

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Mahindra Holidays & Resorts' consolidated PAT almost halves in Q2 2023-24

Its revenue from operations during the July-September quarter stood at Rs 655.27 crore, as agai…

PTI   


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Tech Mahindra Q2 profit declines 61% to Rs 505 crore

IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…

PTI   


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Stock markets fall for 3rd day on profit-taking, HDFC Bank major drag

The Nifty declined 109.70 points or 0.51 per cent to 21,462.25. During the day, it plunged 286.…

PTI   


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Mahindra’s margin improves led by record growth in tractors in the second quarter — profit declines 3%

Meanwhile, revenue rose 6% to ₹11,590 crore in the quarter under review. The silver lining is th…

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4 mins read

PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue

The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…

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Indian Overseas Bank's marketcap nearly doubled in September quarter

Indian Overseas Bank saw its market capitalization nearly double during the July-to-September quart…

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5 mins read

Infosys to lead the pack this earnings season while margin pressure will continue for two quarters

Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …

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5 mins read

TCS earnings may excite the street thanks to the 14 new deals in last three months

Tata Consultancy Services (TCS) is expected to kick off the earnings seasons with strong growth num…

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TCS, Infosys, Wipro and HCL Tech expected to announce more deals in the second quarter

Expectations from the India IT services sector are high in the upcoming earnings season. It is expe…

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Sensex, Nifty fall for second straight session; Nestle jumps 4%

Equity benchmark indices, the Nifty and the Sensex, declined for the second consecutive session on …

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3 mins read

Tech Mahindra may show signs of recovery in the second quarter — much depends on 5G and BPO business outlook

“Deal wins are likely to revert to pre-COVID levels, in our view, and the pipeline continues to …

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1 min read

Kotak Mahindra Bank's net profit rises almost 32% in the first quarter to ₹1,641 crore

The bank had posted a net profit of Rs 1,244.45 crore in the same quarter of the previous fiscal…

PTI   


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Tech Mahindra expands margin in a quarter of acquisitions

Tech Mahindra posted a profit of 9.5% over the last three months as compared to the previous quarte…

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Sensex jumped 234 points, Nifty rallied 111 points with buying in IT counters, RIL

Benchmark equity indices Sensex and Nifty rallied for a second straight session on Monday following…

PTI   


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HCL Tech's mid-quarter guidance optimism sparks rally in TCS, Infosys, Wipro, and Tech Mahindra too

Indian IT services giant HCL Technologies’ mid-quarter review and guidance haveIT stocks rallying t…

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4 mins read

Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore

India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…