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Wipro shares tank nearly 9% after earnings announcement
At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece. Wipro on Friday posted a 4.6 p…
PTI
Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO
The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …
Earning forecasts for Q4 FY24: Healthcare and cement companies to shine
In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…
Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore
The profit was, however, higher quarter-on-quarter when compared to Rs 17,265 crore in October-…
PTI
Jio Platforms’ Q1 PAT rises 2.3% QoQ with a flat growth in ARPU
Reliance Jio reported a 3.1% sequential growth in the net profit for the first quarter of FY24 to ₹…
Small & regional players are increasing competition says HUL CEO
Hindustan Unilever, the country’s largest fast moving consumer goods major, disappointed the Street…
HDFC’s net profit grows by 19% but its non performing assets swell sequentially
HDFC Bank today reported a 19% growth in the first quarter of FY23 net profit to ₹9,169 crore, from…
Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23
India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…
Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates
Infosys has cut its revenue guidance for the financial year by more than half. The company said on …
RIL’s Q4 to be driven by sustained momentum in retail business, O2C to see modest growth
Mukesh Ambani-led Reliance Industries’ March-quarter results are expected to be driven by sustained…
Axis Bank beats street estimates on net profit, business growth disappoints
Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…
Churn and fewer 4G subscribers to slow down telecom revenue growth in Q3
Telecommunications companies in India are expected to report moderate revenue growth in the third q…
L&T Infotech profit remains flat as salaries eat up nearly two-thirds of its revenue
L&T Infotech reported flat profit growth in the June quarter despite a moderate increase in revenue…
HCL Tech lowers revenue guidance for FY23 to 13.5-14%, Q3 revenue and profit growth beat expectations
Indian IT services company HCL Tech lowered its revenue growth guidance for FY23 to 13.5-14% in con…
RIL’s Q3 net profit stays flat at ₹15,792 crore – retail and Jio deliver, while O2C drags due to weak demand
Oil-to-data giant Reliance Industries reported a net profit of ₹15,792 crore in Q3, slightly above …
Infosys Likely To Register Flat Revenue Growth In Q1: Analysts
Steady growth in the US and the UK — which together account for more than three-quarters of the rev…
Amidst slowdown, noodle and biscuit sales see an uptick in rural areas
Even as FMCG sales growth has been moderating on a sequential basis, sales of noodles and biscuits …
Reliance Jio’s standalone Q3 net profit rises 12.2% to ₹5,208 crore
India's largest telecom operator Reliance Jio on Friday posted a 12.2% rise in its net profit for…
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
Effect of cyclicals: Q3 corporate earnings driven by autos & financials
Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …