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Q1 IT SERVICES REPORT 2023
Top 5 IT services companies see 3.3% staff productivity boost in Q1; Wipro the only laggard as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
L&T Q1 Results: Net profit rises 14% YoY to Rs 4,123 crore, revenue up 7%L&T Q1 Results: Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ong...
Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 1...
HUL Q1 Results: Revenue rises 10% YoY to Rs 17,341 crore, but profit falls 3% on one-off tax creditHUL Q1 Results: Hindustan Unilever (HUL) reported a 3% year-on-year decline in Q1FY27 net profit to Rs 2,673 crore, missing analysts' estim...
Suzlon Energy Q1 Results: Net profit falls 6% YoY to Rs 305 crore; stock sinks 7%Suzlon Energy reported a consolidated net profit of Rs 305 crore for the first quarter of FY27. This figure represented a nearly six percen...
Coforge shares surge 7% after Q1 profit spikes 63% YoYCoforge shares jumped after the IT services company posted a strong Q1 FY27 performance, with net profit rising 63% year-on-year and revenu...
Coal India Q1 Results: Net profit rises marginally to Rs 8,852 crore; PSU announces Rs 5.5 interim dividendCoal India Q1 Results: Coal India on Monday reported a consolidated net profit of Rs 8,852 crore for the first quarter of the ongoing finan...
Tata Power Q1 Results: Net profit rises 11% YoY to Rs 1,176 crore, revenue up 6%Tata Power Q1 Results: Tata Power on Monday reported a consolidated net profit of Rs 1,176 crore for the first quarter of the ongoing finan...
BEL Q1 Results: Net profit rises 9% YoY to Rs 1,054 crore; revenue jumps 25%Bharat Electronics reported a net profit of Rs 1,054.53 crore for the first quarter. This marks a nearly 9% year-on-year rise from the prev...
Q1 Results today: Coal India, Tata Power, BEL, Coforge, among 68 companies to announce earningsThe Q1 FY27 earnings season gathers pace on Monday, with 68 companies set to announce their April-June quarter results. Key names on the ra...
Hindustan Zinc shares gain 2% as Q1 net profit soars 145% YoY. Should you buy, sell or hold?Hindustan Zinc shares: The company posted a robust Q1 FY27 performance, prompting several brokerages to reiterate their 'Buy' ratings. The ...
Mphasis reports 11% rise in Q1 net profit, revenue beats estimatesThe Bengaluru-headquartered company’s revenue for the three months ended June 30 rose 17.5% year-on-year and 3.3% quarter-on-quarter to Rs ...
Hindustan Zinc Q1 Results: Net profit spikes 145% YoY to Rs 5,469 crore, revenue jumps 77%Hindustan Zinc reported a Rs 5,469 crore net profit for Q1 FY27. This marks a substantial 145% year-on-year increase in earnings. The compa...
Infosys headcount falls by 532 employees in June quarterThe Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit ...
Infosys Q1 Results: Profit rises 12% YoY to Rs 7,769 crore; co trims upper-end revenue forecastInfosys Q1 Results: IT services major Infosys reported 12% year-on-year (YoY) growth in its consolidated net profit at Rs 7,769 crore in th...
IndiGo Q1 Results: Airline reports Rs 238 crore loss vs profit YoY; revenue rises 20%Interglobe Aviation Q1 Results: IndiGo reported a net loss of Rs 238 crore in Q1FY27, compared with a profit of Rs 2,176 crore a year ago, ...
BPCL Q1 Results: Co reports loss of Rs 3,962 crore but revenue rises 23% YoYBPCL reported a standalone loss of Rs 3,962 crore in the first quarter. Revenue from operations increased 23% year-on-year to Rs 1.59 lakh ...
Nestle India Q1 Results: Net profit surges 48% YoY to Rs 975 crore; revenue rises 25%Nestle India Q1 Results: The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-...
Bajaj Auto Q1 Results: Cons PAT surges 46% YoY to Rs 3,226 crore; revenue zooms 65%Bajaj Auto Q1 Results: Bajaj Auto reported a strong Q1 FY27 with net profit up 46 percent. Revenue from operations jumped 65 percent, reach...
HDB Financial Q1 Results: Profit jumps 38% YoY to Rs 785 crore; NII up 20%HDB Financial Q1 Results: HDB Financial Services reported a 38% profit increase for the June quarter. Net interest income grew twenty perce...