Tata Consultancy Services (TCS) reported a 1.1% quarter-on-quarter decline in net profit for the second quarter ended September, totaling Rs 11,909 crore, which was below market expectations. However, the company’s revenue from operations increased to Rs 64,259 crore during Q2 FY24, according to their stock exchange filing. Additionally, TCS declared […]
revenue
Bharti Airtel A Strong Performance: Bharti Airtel reported a net profit of ₹4,160 crore for Q1 FY25, marking a 158% increase. Revenue rose 3% to ₹38,506 crore, slightly below forecasts. Despite the strong earnings, shares closed 1.66% lower at ₹1,469 on the NSE. The company’s India business revenue grew by […]
Tamilnad Mercantile Bank (TMB) has reported a 10% rise in its net profit at ₹287 crore for the quarter ending June 2024, compared to ₹261 crore in the corresponding quarter of the previous year. This growth is driven by an increase in both interest income and non-interest income, despite higher […]
dani Ports and Special Economic Zones reported a strong start to the fiscal year with a 47% year-on-year increase in consolidated net profit to Rs 3,113 crore for the April-June quarter. The port operator also saw a notable increase in its revenue from operations, which stood at Rs 6,956 crore […]
Weak Demand and Prices: The overall cement industry witnessed slow volume growth and soft demand in Q1 . Squeezed Margins: Increased competition and rising input costs are expected to put pressure on profit margins . Even though revenue might hold up somewhat, profitability could be impacted. Industry Trend: Analysts predict […]
Revenue growth projection: 22-23% YoY for the consolidated entity. GMV growth projection: Mid-twenties YoY overall, with Beauty exceeding consolidated growth at high twenties YoY and Fashion trailing at mid-teens YoY. Reason for slower physical retail growth: Elections and heatwaves in North India. New segmental reporting: Beauty and Fashion segments with […]