ONWARD TECHNOLOGIES LTD Q3 RESULTS

The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal and power stocks. Analysts predict range-bound movement due to economic concerns, Q3 results, and the upcomi...

Accenture's latest earnings boost Indian IT sector outlook. GenAI bookings hit a record high. North American demand shows signs of recovery. The company raised its FY25 growth forecast. Indian IT firms expect strong Q3 results and a robust FY26. Acc...

Shares of IT services firms such as Infosys, TCS, Wipro, and HCL Technologies rose by up to 1% on Friday, following a strong performance by industry leader Accenture. Accenture reported Q1 revenue and profit that exceeded Wall Street estimates and r...

Indian technology companies exceeded their Q2 earnings forecasts, but their future guidance remained cautious. While some brokerages observed a potential bottoming out of pessimism, clear signs of increased spending in developed countries are still ...

Despite a lackluster Q2 earnings season, 36 companies defied the trend, doubling both sales and profits. Some achieved growth in the thousands of percentage points, driven by strong demand in sectors like pharma and realty. Analysts remain optimisti...

I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India's performance, two sectors have disappointed slightly. First is the banking sector, where we’ve seen a rise in NPAs from unsecured loans

PE firm Advent backed Suven Pharma net profit rose 3% year-on-year (YoY) to Rs 82 crore in Q2FY25 compared to Rs 79.6 crore in the corresponding period of the previous year.

Genpact, a global professional services firm, reported a 13% rise in net income to $133 million for Q3 2024, driven by a 7% increase in revenue to $1.21 billion. The company forecasts continued revenue growth in the fourth quarter and full year, fue...

Total revenue was $1.21 billion in the quarter ended September, up 7% YoY, both on an as reported and constant currency basis. Gross profit was up 7% YoY at $431 million, with a 35.6% margin.

Mahindra & Mahindra Ltd. exceeded profit forecasts, reporting a 13% rise in standalone net profit, fueled by robust sales of SUVs, pickups, and commercial vehicles. The company also revised its full-year tractor market guidance upward, citing positi...

Shares of Maruti Suzuki rose by 3% to Rs 11,389.75 despite a 17% drop in net profit for the September quarter. Sales included 463,834 domestic and 77,716 export vehicles. Analysts give mixed recommendations with UBS suggesting a 'Buy', Investec a 'H...

Tata Technologies Q2 Results: Revenue from operations in the reporting quarter increased 2% year-on-year to Rs 1,296 crore as against Rs 1,269 crore in the same quarter last year. The company reported an operating EBITDA of Rs 235 crore, up 10% year...

Schaeffler India on Wednesday said its consolidated Profit After Tax grew marginally to Rs 236.41 crore in the July-September quarter of this year, from Rs 232.76 crore a year ago.

Wipro Q2 Results: Gross revenue stood at Rs 22,300 crore, marking a 1.5% increase quarter-on-quarter and a 1% decline year-on-year. IT services segment revenue reached $2,660.1 million, up 1.3% QoQ and down 2% YoY.

LTTS will be in the spotlight today after announcing a slight 2% rise in its consolidated net profit, which reached Rs 320 crore for the quarter ending September 2024, up from Rs 315 crore the previous year. During the same period, operational reven...

HCL Tech Q2 Results: Company exceeded expectations with an 8.2% YoY revenue increase to Rs 28,862 crore and a 10.5% jump in profit to Rs 4,235 crore. Both figures surpassed analyst estimates. The company projects continued growth, forecasting a 3.5%...

Reliance Industries Ltd is expected to report muted earnings for the second quarter, due to weakness in the oil-to-chemicals segment. Analysts anticipate a 10% decrease in net profit year-on-year and a marginal 0.6% decline in net sales. However, st...

HCL Technologies, India’s third largest IT company by market capitalisation, is projected to achieve YoY revenue growth of 7.1%-9.2% and net profit growth between 4.9%-15% for Q2FY25. Key indicators include FY25 guidance, ERD/products outlook, deal ...

Infosys, Wipro and HCL Technologies face high expectations amid investor concerns over a potential market correction. The 2025 financial year is seen as a recovery period for Indian IT firms after a slowdown in US client spending. All eyes will be o...