Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.
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Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.
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Oil-to-telecom giant Reliance Industries on Thursday reported 8.82 per cent year-on-year (YoY) rise in consolidated profit at Rs 10,251 crore. Analysts in an ET Now poll had estimated the profit at Rs 9,540 crore.
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FMCG major ITC on Wednesday reported 3.85 per cent year-on-year (YoY) rise in standalone profit at Rs 3,209.07 crore for the December quarter.
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ITC on Friday posted 5.7% growth in revenue from operations at Rs 11,502.82 crore for the first quarter ending June 30, 2019 missing street estimates. The company attributed the sales growth to the paperboards, hotels and non-cigarette FMCG business. The cigarette-FMCG-hotel major’s net profit for the quarter grew by 12.6% at Rs 3173.94 crore over the same period last year.
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FMCG major Hindustan Unilever Ltd (HUL) on Monday reported a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care, and beauty and personal care verticals. The company had posted a net profit of Rs 1,525 crore for the corresponding period of the previous fiscal, HUL said in a filing to BSE.
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IT major Wipro on Tuesday reported a 35.82 per cent YoY rise in consolidated net profit at Rs 2,561.30 crore for the September quarter compared with Rs 1,885.70 crore in the corresponding quarter last year. On a sequential basis, the profit was up 6.2 per cent. The company has guided for IT services revenue of $2,065 million to $2,106 million for the December quarter. This translates to a sequential growth of 0.8 per cent to 2.8 per cent.
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Mortgage lender HDFC on Monday reported a 60.57 per cent year-on-year jump in standalone profit at Rs 3,961.53 crore for the September quarter. The lender had reported Rs 2,467.08 crore profit in the same quarter last year.
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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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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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Wipro Ltd today reported a near 1 per cent quarter-on-quarter fall in its consolidated net profit to Rs 2,974.3 crore for the quarter ended March, which was higher than analysts’ estimate of Rs 2,831.2 crore. The company reported a near 4 per cent quarter-on-quarter growth in consolidated revenues to Rs 16,245.4 crore for the quarter, which was also higher than analysts’ estimate of Rs 15,956.4 crore.
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