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. …
HDFC Bank has released its Q4 earnings for the fourth quarter on Saturday. The release of Q4 earnings data led to a 3.7% slump in HDFC stock on Monday early trading. The shares dropped to Rs. 1,409 on the BSE. Many analysts have reduced the target price estimates for HDFC bank, although some still remain …
Infosys Results In the quarter ending March, Infosys, India’s second-largest IT services business, is expected to report a 15-20 percent increase in consolidated profit after tax and a 24 percent increase in consolidated revenue. When the Bengaluru-based business announces its results on April 13, analysts predict a profit of Rs 5,950 crore on sales of …
One of India’s largest IT companies, Tata Consultancy Services, announced its profit after tax in the fourth quarter ended March 2022 on 11 April 2022. It showed a drastic improvement from last year’s net profit, which was Rs. 9,246 crores. The total revenue of TCS increased by 16%. Simultaneously, the banking and finance segment of …
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) forecasted a 7.2 percent GDP growth rate for the Financial Year 2022-23. According to RBI Governor Shaktikanta Das, the GDP growth projection for FY23 has been cut to 7.2 percent from 7.8 percent. GDP growth for 2022-23 is projected to be 16.2% in …
On Friday, 25 March 2022, Asian shares geared up for a 2nd consecutive week of profits, although the market was choppy amidst displacements in Chinese economic policies, tight US monetary policies, and commodity market disturbances due to the Ukraine-Russia war. If you are looking for stock market news and updates on Asian markets and shares, …
