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While some analysts and investors are still digesting the data and reading between the lines, here is a handy summary of the key trends which shaped India Inc’s Q3 show.
February 02, 2024 07:04 PM IST Among major corporates that have announced their December quarter earnings, so far, Indian Oil Corporation has clocked the biggest year-on-year jump in net profit at a whopping 1,071 percent
January 10, 2024 03:21 PM IST The Nifty IT index is grappling to overcome the selling pressure emerging around the 36,000 mark. This hurdle must be surpassed to enter the next leg of upside, as per experts.
October 20, 2023 10:20 AM IST The Q2 report cards of India’s biggest IT firm, biggest private bank and largest NBFC have a clear message for investors – size can be a double-edged sword.
October 13, 2023 04:43 PM IST Deal wins were robust across the board but the overall macroeconomic environment remains shaky in the major markets of the US and EU
October 11, 2023 09:39 AM IST Elara Capital, a domestic brokerage firm, suggests that tepid spending in North America and the impact on old managed services deals may dampen momentum. North America is a major customer for the IT giant.
October 11, 2023 07:36 AM IST Q2 Earnings: While the IT sector has witnessed an uptick in order inflow over the past two months, the slowdown in project-based business is expected to hamper overall industry growth.
July 12, 2023 11:08 AM IST In their previews, brokerage firms have pointed out that decreased discretionary spending, wage hikes and companies prioritising long term deals due to recession fears in the North American market have impacted notably TCS and some of the other Tier-1 companies’ margins.
January 11, 2023 10:54 PM IST The company is likely to report a 2.8 percent quarter-on-quarter growth in revenue while net profit is expected to increase by 6.5 percent QoQ
January 09, 2023 06:24 AM IST Analysts expect constant currency growth of 1.9 percent on a quarterly basis
July 08, 2022 01:11 PM IST Net Sales are expected to increase by 3.4 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs. 52,320 crore, according to Motilal Oswal.
June 30, 2022 04:23 PM IST Kotak expects Infosys to maintain full year revenue growth guidance at 12-14 percent in constant currency terms and the EBIT margin band at 21-23 percent.
April 11, 2022 03:08 PM IST Growth in total contract values and margins likely to remain flat sequentially. Headwinds from high inflation in the US and Europe and backfilling likely to be offset by scale and efficiencies.
April 06, 2022 02:13 PM IST Management commentary on large deals pipeline and deal closures would be important to gauge confidence on growth continuity and better predictability, says Emkay Global.
January 12, 2022 09:36 AM IST Total contract values are expected to be little changed on a sequential basis. Supply-side challenges remain, but the demand outlook remains strong
January 13, 2022 01:36 PM IST Net Sales are expected to increase by 4 percent Q-o-Q (up 16 percent Y-o-Y) to Rs. 48,611 crore, according to Arihant Capital.
January 06, 2022 11:45 AM IST Net Sales are expected to increase by 3.2 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs. 48,382.9 crore, according to ICICI Direct.
January 05, 2022 01:24 PM IST Healthy deal flows are likely to drive revenue growth even though December is generally a lean month due to year-end holidays
November 13, 2021 01:08 PM IST The pandemic both disrupted business for India’s IT companies and opened up new opportunities as the need for digitisation grew globally. Deals, clients and hiring were among the key trends that shaped their performance in the quarter ended September.
October 09, 2021 01:44 PM IST Management guided that demand environment is strong and is sustainable over the medium term.
October 08, 2021 01:15 PM IST TCS Q2 Result Preview | The growth in TCS' revenue is expected to be driven by conversion of earlier strong orders, recovery in Indian markets after fall in June quarter, and strong spending on digital by corporates.
October 05, 2021 03:18 PM IST Net Sales are expected to increase by 5.1 percent Q-o-Q (up 19 percent Y-o-Y) to Rs. 47,745.3 crore, according to Prabhudas Lilladher.
July 09, 2021 07:21 AM IST The company said growth in the quarter was led by cloud platform services, cybersecurity, analytics and insights and enterprise application services.
July 08, 2021 10:51 AM IST TCS is expected to report an increase in market share, strong growth in the international market but a small decline in domestic business and a thinner operating margin because of higher wages
July 07, 2021 11:34 PM IST Brokerages expect IT stocks to continue trading at premium valuations given the order pipeline and digitalisation. Infosys, Tech Mahindra and HCL Technologies are the top consensuses picks.