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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Infosys net profit declines 7.3% to ₹6,106 crore in Q3
IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…
PTI
Gaining market share in automation and cost optimisation deals: Infy CEO
After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
Bajaj Auto Q2 net profit rises 17% to Rs 2,020 crore
Bajaj Auto said its consolidated net profit increased 17.51% to Rs 2,020 crore for the September qu…
PTI
Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution
Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…
Infosys is keen on more acquisitions, says CEO Salil Parekh
Infosys is considering further acquisitions in data analytics and SAAS areas, with potential target…
PTI
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
TCS to kick off Q3 earnings with street glued to strategy and deal commentary
IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…
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 …
Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…
Banks to drive earnings growth in Q4 while IT services to report muted numbers
Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…
Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr
Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…
PTI
Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares
India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
Bajaj Auto shares jump 5 pc; reach 52-week high after September quarter earnings
Shares of Bajaj Auto jumped 5 per cent to reach the 52-week high mark on Thursday after the company…
PTI
Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers
Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…
TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season
India’s bellwether IT companies TCS and Infosys are all set to kick off the Q4 earnings season next…
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…