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Page 65 - Q2 Results

Mindtree tumbles over 11% post September quarter result; brokerages mixed

For the quarter under review, Mindtree posted a net profit of Rs 253.7 crore, up 87.9 per cent year-on-year (YoY) and 19.1 per cent sequentially.

Mindtree tumbles over 11% post September quarter result; brokerages mixed
Updated On : 16 Oct 2020 | 11:23 AM IST

HCL Tech Q2 net profit up 18.5% at Rs 3,142 cr; revenue rises 6.1%

On a sequential basis, net profit was 7.4% higher from Rs 2,925 crore, while top line was higher by 4.2% from Rs 17,841 crore in June 2020 quarter

HCL Tech Q2 net profit up 18.5% at Rs 3,142 cr; revenue rises 6.1%
Updated On : 16 Oct 2020 | 9:54 AM IST

HDFC Bank Q2: Analysts see sub-20% profit growth despite lower provisions

Above-industry loan growth, flattish net interest margin (NIM), stable asset quality, and fewer provisions are the other elements that may mark the quarter under review

HDFC Bank Q2: Analysts see sub-20% profit growth despite lower provisions
Updated On : 16 Oct 2020 | 7:59 AM IST

Mindtree's net profit jumps 88% to Rs 253.7 cr; salary hikes from January

The firm's revenues remained flat year-on-year at Rs 1,926 crore during the period under review and witnessed a marginal 1 per cent gain sequentially

Mindtree's net profit jumps 88% to Rs 253.7 cr; salary hikes from January
Updated On : 15 Oct 2020 | 11:14 PM IST

Mindtree Q2 net profit up 88% at Rs 253.7 cr, revenue grows to Rs 1,926 cr

The Bengaluru-based company saw its revenue grow marginally to Rs 1,926 crore in the quarter under review from Rs 1,914.3 crore in the year-ago period

Mindtree Q2 net profit up 88% at Rs 253.7 cr, revenue grows to Rs 1,926 cr
Updated On : 15 Oct 2020 | 5:35 PM IST

HCL Technologies Q2 preview: PAT rise seen between 10.5% - 13.6% YoY

Analysts at IDBI Capital forecast revenue growth of 3.9 per cent QoQ in constant currency.

HCL Technologies Q2 preview: PAT rise seen between 10.5% - 13.6% YoY
Updated On : 15 Oct 2020 | 1:17 PM IST

Mindtree slips nearly 5% ahead of Q2 nos; here's what brokerages expect

The growth outlook of the top client and margin outlook are the key monitorables.

Mindtree slips nearly 5% ahead of Q2 nos; here's what brokerages expect
Updated On : 15 Oct 2020 | 10:32 AM IST

Infosys outshines rivals with Q2 performance; net profit jumps 20.5%

Revenue grows 86%; firm revises revenue and margin guidance upward

Infosys outshines rivals with Q2 performance; net profit jumps 20.5%
Updated On : 15 Oct 2020 | 1:41 AM IST

Den Networks Q2 consolidated net profit declines 61.4% to Rs 36 cr

The company had reported a net profit of Rs 95.30 crore in the September 2019 quarter, Den Networks said in a regulatory filing

Den Networks Q2 consolidated net profit declines 61.4% to Rs 36 cr
Updated On : 15 Oct 2020 | 12:06 AM IST

TCS to recruit 10,000 staff in US by 2022 after demand for services surges

The Mumbai-based company has hired over 21,500 employees in the past five years in the US

TCS to recruit 10,000 staff in US by 2022 after demand for services surges
Updated On : 14 Oct 2020 | 10:17 PM IST

Infosys Q2 consolidated net up 20.5% YoY at Rs 4,845 cr; ups FY21 guidance

On a sequential basis, profit grew 14.45 per cent.

Infosys Q2 consolidated net up 20.5% YoY at Rs 4,845 cr; ups FY21 guidance
Updated On : 14 Oct 2020 | 5:04 PM IST

Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed

Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year

Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed
Updated On : 14 Oct 2020 | 10:21 AM IST

Wipro slips 6% on profit booking after Q2 results, buyback announcement

In past one month, Wipro had outperformed the market by surging 28 per cent, against 4 per cent rise in the S&P BSE Sensex.

Wipro slips 6% on profit booking after Q2 results, buyback announcement
Updated On : 14 Oct 2020 | 9:37 AM IST

Infosys Q2 preview: Large deal wins to drive revenue growth, say analysts

Edelweiss Securities expects revenue to grow 3.9 per cent QoQ in constant currency terms and 5.4 per cent QoQ in US dollar terms.

Infosys Q2 preview: Large deal wins to drive revenue growth, say analysts
Updated On : 14 Oct 2020 | 9:11 AM IST

Wipro Q2 PAT down 3.4% YoY at Rs 2,465.7 cr; announces Rs 9,500 cr buyback

The company had posted a profit of Rs 2,552.7 crore in the year-ago period

Wipro Q2 PAT down 3.4% YoY at Rs 2,465.7 cr; announces Rs 9,500 cr buyback
Updated On : 13 Oct 2020 | 5:03 PM IST

Wipro Q2 preview: CEO's strategy to revive growth, Q3 growth guidance eyed

Key focus areas include commentary on verticals such as healthcare and retail and an update from the new management on the company's growth strategy.

Wipro Q2 preview: CEO's strategy to revive growth, Q3 growth guidance eyed
Updated On : 13 Oct 2020 | 8:18 AM IST

Bajaj Finance to continue Covid provisioning, strengthen its balance sheet

The lender, in Q1FY21, took an additional contingency provision of Rs 1,450 crore for the pandemic, taking the total amount to Rs 2,350 crore as of June 30

Bajaj Finance to continue Covid provisioning, strengthen its balance sheet
Updated On : 09 Oct 2020 | 7:41 AM IST

Brokerages expect V-shaped recovery in corporate earnings in second qtr

Nifty50 firms' combined net profit likely to jump 24%, against 50% contraction in Q1

Brokerages expect V-shaped recovery in corporate earnings in second qtr
Updated On : 09 Oct 2020 | 12:46 AM IST

We want all our stakeholders to be rewarded post Q2: Tata Consultancy COO

In a Q&A, N Ganapathy Subramaniam explains why his company went for a pay hike in the face of economic concerns brought on by the pandemic

We want all our stakeholders to be rewarded post Q2: Tata Consultancy COO
Updated On : 09 Oct 2020 | 12:11 AM IST

TCS Q2 PAT down 7% YoY at Rs 7,475 cr; announces Rs 16,000 crore buyback

The company's revenue came in at Rs 40,135 crore, up 2.9 per cent YoY and 4.7 per cent on a quarter-on-quarter (QoQ) basis.

TCS Q2 PAT down 7% YoY at Rs 7,475 cr; announces Rs 16,000 crore buyback
Updated On : 07 Oct 2020 | 7:41 PM IST