Page 24 - Q3 Results

Sensex, Nifty end choppy session flat; Airtel sinks 3%, HUL 2%, OMCs gain

Closing Bell: Sun Pharma claimed the top winner spot on the Sensex with a gain of 1.7 per cent on launching an anti-cancer drug Palbociclib in India for patients with advanced breast cancer

HCL Tech revenues may rise up to 6% QoQ to Rs 26,214 cr in Q3FY23: Analysts

HCL Tech Q3 preview: As per five brokerage estimates, analysts peg EBIT margins to see an uptick in the range of 53-60 basis points (bps) QoQ to 18.5 per cent in Q3FY23

Infosys Q3 growth may be muted on higher furloughs; PAT may rise 9-15% YoY

Infosys Q3 preview: The operating margin could improve by 10-40 basis points (bps) to up to 21.9 per cent sequentially aided by a weakened rupee, lower attrition and higher optimisation

Adani Wilmar sees Q3 sales growth in high single digits as demand grows

Growth in the third quarter has been broad across both urban and rural towns, with higher saliency in urban markets, Adani Wilmar said

Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller

Stocks to Watch: GNFC and Indiabulls Housing Finance are the only stocks in F&O ban period on Wednesday.

Q3 results preview: RIL may see rise in sales but 10% decline in profit

Profit growth while sequentially strong, may fall nearly 10 per cent from a year ago, due to fuel export taxes

We'll return to pre-Covid rhythm next year: TCS COO N Ganapathy Subramaniam

We are executing well, gaining market share in vendor consolidation and revenue will start coming in from next few quarters and we are actively participating in the growth and optimization deals

TCS Q3: Weak deal wins, negative headcount signal slowdown, say analysts

TCS Q3 results: QoQ decline of 2,200 employees in the total headcount and de-growth of 3.7 per cent in deal bookings at $7.8 billion are indicators that point towards a slowdown, analysts say

Sensex slides 632pts to 60,115, Nifty below 18K; Airtel, SBI slip up to 2%

CLOSING BELL: Broader markets, too, bled simultaneously in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.5 per cent

TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend

Moderation of attrition is a positive and indicates easing of supply side challenges, which is likely to support margins, going ahead, ICICI Securities said in its note.

Stocks to Watch: TCS, SBI, Tata Motors, LIC, Paytm, IDBI Bank, ONGC, PVR

Stocks to Watch: TCS reported 11 per cent YoY growth in Q3 net, while revenue beat analyst expectations at Rs 58,229 crore.

Q3 earnings season kicks off: TCS revenue rises 19%, net profit up 11%

Revenue beat estimates in Q3, profit falls short; N America demand 'vibrant' but challenges remain in Europe

Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update

In the past three months, the stock declined 9 per cent, as against 4 per cent rise in the S&P BSE Sensex.

Gyscoal Alloys' profit jumps to Rs 2.20 cr in Q2; revenue from ops rises

The company posted a jump of 2,787 per cent in its net profit year-on-year (YoY) from Rs 7.64 lakh. On sequential basis, the company's profits jumped by 129.14 per cent from Rs 98.14 lakh

TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share

It will have an interim dividend of Rs 8 per share and a special dividend of Rs 67 per equity share

Upbeat global mood, IT stocks lift Sensex 847 pts up, Nifty ends at 18,101

CLOSING BELL: Broader markets also gained in tandem with the frontline indices. The BSE Midcap and Smallcap indices closed 0.9 per cent and 0.5 per cent up, respectively

Paytm reports Rs 3.46 trn in GMV for Q3 FY23, a robust 38% growth

In its stock exchange filing, Paytm said that the aSuper App' continues to see growing consumer engagement for its wide array of payment and financial services

Helped by festive sales, Titan reports 12% standalone biz growth in Q3

Leading jewellery and watchmaker Titan has recorded 12 per cent growth in its standalone business in the December quarter, led by "healthy consumer demand" spurred by a vibrant festive season. "The positive consumer sentiment helped all categories clock healthy double-digit growths despite a high base in the same period of last year," as per the quarterly update by Titan for Q3 FY23. The Tata group firm also continued network expansion by adding 111 stores in October-December, taking the total number to 2,362 at the end of the quarter. During the quarter, Titan Jewellery, which generally contributes more than two-thirds of its revenue, achieved 11 per cent Y-O-Y growth. "Healthy new buyer growths in the festive period, higher-value purchases in the studded category and unique new collections for the season helped the division achieve an 11 per cent growth YoY (excluding bullion sales)," said Titan. Sales from the studded category moderately outpaced the gold jewellery (plain) segm

Dabur India expects low to mid single-digit revenue growth in Q3

Dabur India expects a "low to mid single- digit revenue growth" for the quarter ended December 2022 on account of the challenging macroeconomic environment and muted category growth during the period. However, the homegrown FMCG major said inflation started to cool off during the quarter and as a result, gross margins would be marginally better sequentially on a consolidated basis. "Overall, the consolidated revenue is expected to report low to mid single-digit growth," Dabur said in an update for Q3 FY23. During the December quarter, the demand trends for the FMCG industry remained "weak" with rural markets continuing to remain under pressure and this was further accentuated by the late onset of winter in North India, it said. However, early signs of moderate recovery were visible towards the latter part of the quarter coupled with some abatement in inflation. "The improving macroeconomic environment, positive steps being taken by the government and the expected stimulus of the .

TCS Q3 preview: Margins to expand sequentially; Revenue may grow 16-18% YoY

TCS Q3 results preview: As per brokerage estimates, TCS may post up to 18 per cent Yo revenue growth to an average of Rs 57,446 crore. The bottom line could rise 10-16 per cent to around Rs 11,046 cr