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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
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…
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
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 …
PTI
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
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
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
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…
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…
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…
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 …
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…
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…
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 …
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 …
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
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…
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
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…
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…