Indian Oil Corporation on Thursday posted a 82.65 per cent year-on-year fall in profit at Rs 563.42 crore for the quarter ended September 30. The firm had posted a profit of Rs 3,246.93 crore in the corresponding quarter last year.Analysts in an ETNOW poll had projected a net profit of Rs 3,710 crore for the quarter under review.Revenue from operations decreased 12.66 per cent to Rs 1,32,375.69 crore in Q2.
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Indian Oil Corporation on Thursday posted a 82.65 per cent year-on-year fall in profit at Rs 563.42 crore for the quarter ended September 30. The firm had posted a profit of Rs 3,246.93 crore in the corresponding quarter last year.Analysts in an ETNOW poll had projected a net profit of Rs 3,710 crore for the quarter under review.Revenue from operations decreased 12.66 per cent to Rs 1,32,375.69 crore in Q2.
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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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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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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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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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IT major Tata Consultancy Services (TCS) on Thursday reported 1.80 per cent year-on-year (YoY) rise in consolidated net profit at Rs 8,042 crore for the quarter ended September 30. Analysts in an ET NOW poll had projected a net of Rs 8,304 crore.Revenue of the IT major increased 5.80 per cent to Rs 38,977 crore on a yearly basis.
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IT firm Wipro on Friday reported 31.83 per cent year-on-year rise in profit at Rs 2,544.50 crore for the quarter ended December 31. The company had posted a profit of Rs 1,930.10 crore in the corresponding quarter 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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Kotak Mahindra Bank on Monday reported a 23 per cent year-on-year (YOY) jump in standalone profit-after-tax at Rs 1,291 crore for the December quarter, slightly better than Rs 1,273 crore anticipated by analysts in an ET Now poll.
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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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