HCL Technologies on Wednesday reported 7.60 per cent year-on-year dip in profit at Rs 2,220 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 2,378 crore. Revenue of the IT major, however, increased 18.40 per cent to Rs 16,425 crore during the quarter under review.
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HCL Technologies on Wednesday reported 7.60 per cent year-on-year dip in profit at Rs 2,220 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 2,378 crore. Revenue of the IT major, however, increased 18.40 per cent to Rs 16,425 crore during the quarter under review.
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HCL Technologies on Tuesday reported a 19 per cent YoY rise in profit at Rs 2,611 crore for December quarter. It was up 2.8 per cent on a sequential basis. Analysts in an ETNOW poll projected a profit of Rs 2,541 crore.
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HCL Technologies on Friday reported 16.31 per cent year-on-year (YoY) rise in consolidated profit at Rs 3,037 crore for the quarter ended December 31. It had posted a net of Rs 2,611 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected the number at Rs 2,757.90 crore.Revenue increased 15.5 per cent to Rs 18,135 crore during the quarter under review.
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Mining major Vedanta on Friday said consolidated attributable profit fell 12 per cent year-on-year to Rs 1,351 crore in the June quarter compared with Rs 1,533 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected a profit of Rs 1,354 crore. Revenue from operations fell 4 per cent to Rs 21,167 crore compared with Rs 21,942 crore in the same quarter last year.
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Asian Paints on Thursday reported a 1.6 per cent year-on-year fall in consolidated profit after minority interest at Rs 473.11 crore, falling short of Rs 595 crore projected by analysts in an ET NOW poll. The paints company had reported Rs 480.99 crore profit in the corresponding quarter last year. Consolidated revenue from operations rose 11.7 per cent to Rs 5,018.21 crore from Rs 4,492.30 crore in the year-ago quarter.
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Engineering and construction major Larsen & Toubro on Friday reported a 7.91 per cent year-on-year rise in profit (attributable to owners) at Rs 3,418.24 crore for the quarter ended March 31. Analysts in an ET NOW poll had projected a profit of Rs 3,414 crore. The company had posted a net of Rs 3,167.47 crore in the corresponding quarter last year. Consolidated revenue from operations increased 10.46 per cent YoY to Rs 44,933.96 crore from Rs 40,678.10 crore
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Tata Motors on Monday reported a 47.41 per cent year-on-year (YoY) fall in profit at Rs 1,117.48 crore for March quarter compared with Rs 2,125.24 crore in the same quarter last year.
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Private lender Yes Bank on Wednesday reported a 91 per cent plunge in June quarter net profit at Rs 113.80 crore thanks to a one-off impact from mark-to-market provisions of Rs 1,109 crore. The bank’s net interest income grew 2.8 per cent YoY to Rs 2,281 crore in Q1FY20, despite absorbing a Rs 223 crore impact due to interest reversals on account of slippages during the quarter. Pre-provisioning operating profit grew 48 per cent sequentially to Rs 1,959 crore. The bank managed to post net profit of Rs 114 crore for Q1 despite absorbing one-off impact from MTM provisions of Rs 1,109 crore.
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