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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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The Economic Times | A Times Internet Limited product
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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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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Tata Steel on Friday reported 54.31 per cent year-on-year (YoY) rise in profit at Rs 1,753 crore for December quarter, which fell short of Rs 2,289 crore net estimated by analysts in an ET Now poll. The company had posted Rs 1,136 crore profit in the similar period last year.
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Reliance Jio Infocomm (Jio) reported its seventh straight profitable quarter, with a 46% on year expansion in the bottom line for the April-June period on the back of strong user additions and increased data usage, though the company average revenue per user (ARPU) fell on quarter as the company added mostly lower revenue generating subscribers. The Mukesh Ambani-controlled company, which has upended the market since its entry in September 2016 with cheap mobile Internet services, posted a net profit of Rs891 crore for the fiscal first quarter, compared with Rs840 crore in the January-March period.
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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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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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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%
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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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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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