IT major Infosys on Friday reported a 5.3 per cent year-on-year rise in profit at Rs 3,802 crore for the June quarter. Sequentially, profit fell 6.8 per cent. Analysts in an ET NOW poll had projected a net of Rs 3,730 crore. The company has increased FY20 revenue growth guidance to 8.5-10 per cent in constant currency, while maintaining FY20 operating margin guidance in range of 21-23 per cent.
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Watch Infosys Q1 results: Profit rises 5% to Rs 3,802 crore; firm raises guidance for FY20 With HD Quality.
IT major Infosys on Friday reported a 5.3 per cent year-on-year rise in profit at Rs 3,802 crore for the June quarter. Sequentially, profit fell 6.8 per cent. Analysts in an ET NOW poll had projected a net of Rs 3,730 crore. The company has increased FY20 revenue growth guidance to 8.5-10 per cent in constant currency, while maintaining FY20 operating margin guidance in range of 21-23 per cent.
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Watch Infosys Q1 results: Profit rises 5% to Rs 3,802 crore; firm raises guidance for FY20 With HD Quality
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Infosys on Friday reported a 2.21 per cent year-on-year fall in consolidated profit at Rs 4,019 crore for the quarter ended September 30. The IT major had posted a profit of Rs 4,110 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected a net of Rs 4,040.
Watch Infosys Q2 results: Firm posts profit of Rs 4,019 cr With HD Quality
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Infosys on Friday beat Street estimates to report a 23.49 per cent year-on-year rise in profit at Rs 4,457 crore compared with Rs 3,609 crore posted for the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 4,204.50 crore.
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Watch Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5% With HD Quality
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Infosys retains revenue growth guidance after 10% profit jump
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Watch Infosys retains revenue growth guidance after 10% profit jump With HD Quality
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Infosys, India’s second largest IT firm, on Friday reported 29.62 per cent drop in consolidated net profit at Rs 3,610 crore for December quarter. The IT firm had posted Rs 5,129 crore profit in the corresponding quarter last year, the company said in a BSE filing. The company announced a share buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share. It also announced a special dividend of Rs 4 per share.
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Oil-to-telecom major Reliance Industries (RIL) on Thursday said its fourth quarter profit rose 9.79 per cent year-on-year (YoY) to Rs 10,362 crore. Analysts in an ET NOW poll had projected a net of Rs 10,000 crore. India’s biggest company in terms of market capitalisation had posted a profit of Rs 9,438 crore in the corresponding quarter last year.
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Watch RIL Q4 Results: Profit rises 10% to Rs 10,362 crore With HD Quality
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Mukesh Ambani-led Reliance Industries(RIL) on Friday reported 6.82 per cent year-on-year rise in consolidated net profit at Rs 10,104 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 9,550 crore. The oil-to-telecom behemoth had posted a net of Rs 9,459 crore in the corresponding quarter last year.
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Watch Reliance Q1 results: Profit rises 7% to Rs 10,104 crore With HD Quality
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HCL Technologies on Thursday reported a 15.3 per cent year-on-year (YoY) rise in profit at Rs 2,568 crore. However, profit fell 1.7 per cent on a sequential basis. The IT firm had posted Rs 2,227 profit in the year-ago period. The IT major has guided FY20 constant currency revenue in 14-16 per cent range. This translates to 13.4-15.4 per cent in dollar revenue. The company pegs EBIT margin for FY20 at 18.5-19.5 per cent.
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Watch HCL Tech Q4 profit up 15% at Rs 2,568 cr; sees 14-16% FY20 revenue growth With HD Quality
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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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Wipro Q4 results: Profit beats estimates, jumps 28% to Rs 2,972 cr YoY; revenue rises 4%
News video | 258 views
InterGlobe Aviation -- parent company of IndiGo airline -- on Monday reported a whopping 168 per cent rise in its third quarter (Q3 FY20) consolidated net profit at Rs 496 crore on the back of increasing load factor and higher operating income. In Q3 FY19, it had posted net profit of Rs 185 crore. During the September quarter of current fiscal (Q2 FY20), the budget airline had reported its highest ever quarterly loss of Rs 1,066 crore.
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Watch IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26% With HD Quality
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