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wns posts 34% profit growth in q1; organic growth, currency drive numbers




mumbai-based business process management (bpm) company wns on thursday posted 34.1 per cent growth in profit from $16.7 million last year to $22.4 million for the quarter ended june 30 (in gaap numbers).revenue in the first quarter was $199.8 million, representing a 10.9 per cent per cent increase v...



early birds score on sales, falter on profits; ril props up q4 earnings




the march quarter earnings of companies which have reported results so far are a case of robust top line growth. led by a 38 per cent increase clocked by reliance industries (ril), net sales growth of 136 companies at nearly 18 per cent has been the highest in at least 12 quarters. top line growth h...



tcs gains 3% as q1 profit beats street estimate




shares of tata consultancy services (tcs) rose 3% to rs 1,928 per share on the bse in early morning trade after the country’s biggest software services exporter posted a better-than-expected rise of about 23.5% year on year (yoy) and 6.3% quarter on quarter (qoq) in first-quarter (q1) net profit, ...



tcs hits new high as q1 profit beats street estimate; stock surges 6%




shares of tata consultancy services (tcs) rose by 6% at rs 1,990 per share, also their new high on the bse in noon trade after the country’s biggest software services exporter posted a better-than-expected rise of about 23.5% year on year (yoy) and 6.3% quarter on quarter (qoq) in first-quarter (q...



it majors might disappoint in sept quarter




the july-september quarter is usually a strong period for india's top information technology (it) service companies but this one is likely to be different. analysts estimate the sequential revenue growth on a constant currency basis in that quarter for the top five it companies at no more than two t...



after 12 quarters, tcs sees double-digit growth in dollar revenue in q4




tata consultancy services (tcs), the country’s largest information technology (it) services provider, on thursday announced a strong set of numbers in the march quarter (q4) as well as for 2017-18, backed by all-round growth in key verticals and geographies, and digital services and solutions. the...



after 12 quarters, tcs sees double-digit growth in dollar revenue in q4




tata consultancy services (tcs), the country’s largest information technology (it) services provider, on thursday announced a strong set of numbers in the march quarter (q4) as well as for 2017-18, backed by all-round growth in key verticals and geographies, and digital services and solutions. the...



hcl technologies falls 12% in two days on weak fy19 revenue guidance




shares of hcl technologies have dipped 7% to rs 924 per share on the bse in early morning trade, extending their 5% fall on wednesday as weak organic growth guidance raised concerns, according to analysts. for the current financial year 2018-19 (fy19) hcl tech has guided for constant currency (cc) r...



tcs hits 52-week high on strong q4 results




tcs hit 52-week high of rs 3,287, up 3 per cent on nse in early morning deals after the company reported announced a strong set of numbers in the march quarter (q4) as well as for 2017-18, backed by all-round growth in key verticals and geographies, and digital services and solutions. the mumbai-hea...



tcs starts fy19 with better than expected numbers, net profit rises 23.5%




beating street estimates, the country’s largest information technology (it) services provider, tata consultancy services (tcs), on tuesday kick-started the first quarter (q1) earnings with broad-based growth, while showing a double-digit rise in dollar revenue for the second quarter (q2) in a row ...



hcl technologies posts lower-than-expected profit in third-quarter




hcl technologies ltd posted a marginal rise in quarterly profit on friday, but missed estimates, hurt by higher expenses. profit attributable to shareholders rose to rs 20.75 billion ($324.93 million) in the quarter ended dec. 31, from rs 20.62 billion a year earlier, the software services exporter ...



zinc, aluminium boost vedanta's q1 numbers




hdfc q1 net profit at rs 1,556 crorebusiness standardcapacity expansion, firm pricing outlook to drive growth despite rising fuel costsujjval jauhari  july 26, 2017 last updated at 23:03 isthttp://mybs.in/2uxmlab



with 36% growth in q1 profit, l&t takes a strong start to fiscal year 2019




larsen & toubro (l&t) put out a robust performance in the first quarter, reporting good order flow growth and stable financial performance. order flows of rs 361.42 billion during the quarter, marking a growth of 37 per cent, indicates better days for the firm ahead. not only has the order flow mome...



tcs q2 result preview: here's what brokerages expect




tata consultancy services, country's largest software services firm, is scheduled to report its september quarter earnings post market hours on thursday. analysts expect tcs to report positive cross currency impact of 80-130 basis points and an improvement in margin on account of lack of wage hikes ...



lti posts 35% profit growth, 29% revenue growth in q1 at rs 3.6 bn




it midcap larsen & toubro infotech (lti) posted profits of rs 3.6 billion growing of 24.8 per cent sequentially and 35.2 per cent year on year (yoy) for the first quarter ended on june 30.revenue grew at rs 21.55 billion up 29 per cent yoy and 7.7 per cent sequentially."we are pleased to report a st...



it giant's q4 result: infosys signs off fy18 with expected numbers




infosys met street expectations on financial numbers for the january-march quarter (q4) as well as for 2017-18. but the firm’s revenue growth guidance for 2018-19, especially the projection on operating margin, disappointed investors. the bengaluru-based company projected the revenue growth to be ...



infosys: execution rigour is the mantra for the company going forward




infosys' constant currency revenue growth guidance of 6-8% year-on-year (y-o-y) for fy19 was on expected lines. the marginal beat can be ascribed to a weaker exit in 4q (0.6% cc) than our expectation (1.5% cc). this implies that the compounded quarterly growth rate (cqgr) will be better if the guida...



niit technologies zooms 31% in one week as q3 results beat estimates




niit technologies hit a new high of rs 906, up 5% on bse, extending its gains for tha past four days, after the company reported a better than expected 12.4% sequential growth in consolidated net profit at rs 756 million in december quarter (q3fy18). in past one week, the stock rallied 31% from rs 6...



godrej consumer q2 net up 12% at rs 362 crore on volume growth




fmcg major godrej consumer products ltd on wednesday reported 12.56 per cent increase in its consolidated net profit to rs 361.95 crore for the september quarter on higher income and volume growth.it had posted net profit of rs 321.54 crore during the july-september quarter of last fiscal, godrej co...



baidu profit up 45% on growth in news app and ai push




chinese online search giant baidu on wednesday said net profit for the second quarter jumped 45 percent, fuelled by growth in its personalised news app and artificial intelligence (ai) projects.



infosys hits fresh 52-week high ahead of q3 results




infosys moved higher by 2.7% to rs 1,080 in intra-day trade, extending its 4% gain in past three days on bse, ahead of october-december (q3fy18) results on friday, january 12, 2018. the stock of information technology (it) company is trading at its highest level since october 14, 2016. motilal oswal...



blackmores lifts profit but shares whacked hard




shareholders will be rewarded with a more generous interim dividend, up 15 per cent to $1.50 per share.but the market response to blackmores' update was both sharp and swift, with the stock opening at $139 - more than $20 below its previous close - and plunging to as low as $132.88 in the opening mi...



deutsche telekom confident after q1 profit bump




fast growth at its us mobile unit should help boost earnings in 2018, deutsche telekom said wednesdaygermany's deutsche telekom lifted its earnings forecast for 2018 on wednesday as it presented first-quarter results, saying fast growth especially in us arm t-mobile would juice its operating income....



your "organic" milk might not actually be organic




the organic dairy market is booming, with sales reaching $6 billion last year in the united states alone. part of the reason is that organic milk comes with a "healthy" halo effect; it is deemed to be a better alternative than conventional milk. but a recent investigation by the washington post foun...



jb hi-fi shrugs off price competition to post 12 per cent profit jump




electronics retailer jb hi-fi's profit has jumped 12 per cent, despite its earnings margin falling as fierce competition forces its to cut prices.the company on monday revealed net profit after tax of $233 million for the year to june 30, up from $207 million a year earlier.jb hi-fi's profit was sl...