Market Updates - Angel One

The years 2020 and 2021 have been unprecedented for the global economy. COVID impacted almost all countries, causing widespread disruption in the world supply chain and production. The Indian economy has shown resilience under the crisis and registered growth in several areas. However, FY23 has brought the investors to a crossroad. While the domestic economy …

HDFC Q4 Results 2022 – Net Profits HDFC, a housing financing company, reported a 16 percent increase in profit after tax (PAT) to Rs 3,700 crore in the March 2022 quarter, up from Rs 3,180 crore the previous quarter. Its net interest income (NII) climbed by 14% to Rs 4,601 crore from Rs 4,027 crore …

Maruti’s Profits for Quarter 4 April 29, 2022, saw Maruti Q4 results 2022 announced which were indicative of a 58 per cent rise in terms of net profit. These profits were owed in large part to surges in prices and dips in sales promotion costs which were far weightier than the impact that high raw …

Axis Bank, the third largest private sector bank in the country, has recorded a substantial year-on-year increase in its earnings for Q422. According to the Axis Bank results for the final quarter of FY 21-22, the total income of the bank stood at Rs. 21,999.5 crores, which is a 15.57% rise over the corresponding income …

FMCG Major HUL (Hindustan Unilever Limited) has published its result for the quarter ending in March 2022. In its official report on 27 April 2022, the company has revealed that its after-tax profit has increased by 8.6%, standing at Rs. 2,327 crore. This figure was Rs. 2,143 crore a year before. Moreover, HUL’s revenue in this …

HCL Tech Q4 Results HCL Technologies Ltd announced a 226 percent increase in its consolidated PAT to Rs 3,593 crore on April 21, compared to Rs 1,102 crore in the previous quarter. The adjusted net profit for the same period last year was Rs 2,962 crore due to the effect of deferred tax credit and …

In FY 22, L&T Tech Services attained several milestones. It witnessed over a 3-fold rise in patents that the engineers filed, a 20% dollar revenue growth in constant currency and high operating margins. Individuals can get an insight into the earnings of LTTS from the following sections. What About the Revenue of L&T Tech Services …

Thursday saw Nestle India announce that its net profit had shrunk by 1.25 percent when looking at its year-on-year earnings. This is evident from the fact that its YoY amounted to INR 602.25 crore in the March 2021 quarter which lies in sharp contrast to its 2022 YoY earnings that amounted to INR 594.71 crore …

According to research issued on April 19 by consulting firm Zinnov and VC funding company Chiratae Ventures, the Indian SaaS market is expected to generate $100 billion in sales by 2026. According to the research, almost 90% of all SaaS unicorns were created in the previous four years, and there are presently over 1,150 active …

Mindtree is a mid-cap IT company located in Mumbai. It announced its consolidated Q4 earnings on 18 April 2022, showing a net profit of Rs. 473.1 crores for the quarter ending in March 2022. Going by this value, the company has taken a high jump from last year’s PAT in the same quarter, i.e., Rs. …