Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
Indian stock markets witnessed a significant rally, with the Sensex climbing 964.58 points and the Nifty reaching 24,330, driven by strong buying in blue-chip stocks, particularly in the IT and banking sectors, amidst optimism over Q1 earnings and a shift towards large-cap investments.
Infosys on Wednesday reported an 8.7 per cent increase in consolidated net profit in the June quarter to Rs 6,921 crore, as India's second-largest IT services firm forecast a 1-3 per cent revenue growth for the full FY26. The Bengaluru-headquartered firm had logged a net profit (attributable to owners of the company) of Rs 6,368 crore in the year-ago period, according to a regulatory filing.
Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.
Thomas Cook India Ltd has posted a net profit of Rs 64.71 million for the quarter ended January 31, 2003 as compared to a net profit of Rs 56.39 million for the quarter ended January 31, 2002.
ICICI Bank Ltd has reported a 26.61 per cent rise in net profit at Rs 430.74 crore (Rs 4.31 billion) for the first quarter ended June 30, 2004, compared to Rs 340.2 crore (Rs 3.40 billion) in the corresponding quarter last fiscal.
Impacted by price pressure and other factors, the country's largest biotech firm, Biocon, on Wednesday reported that its net profit had plummeted 20 per cent to Rs 39 crore
Gas Authority of India Ltd on Monday reported a 18 per cent increase in its net profit to Rs 365.09 crore
Net profit stood at Rs 123.2 crore (Rs 1.23 billion) during the quarter ended June 30, 2003 over Rs 11.5 crore (Rs 115 million) during the year ago period, a company statement said.
Telecom major Bharti Airtel's net profit fell for the tenth quarter in a row, declining 37 per cent to Rs 762.2 crore for the quarter ended June 30, 2012.
Public sector carrier Indian Airlines has posted a net profit of Rs 5.95 crore (Rs 59.5 million) in the first quarter this fiscal against the budget estimate of a net loss of over Rs 19 crore (Rs 190 million).
Its consolidated net sales was Rs 3,773 crore (Rs 37.73 billion).
Abbott India Ltd has registered a 88.64 per cent rise in net profit at Rs 19.43 crore (Rs 194.3 million) for the first quarter ended February 29 compared to Rs 10.3 crore
IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.
The company's net profit stood at $38.5 million in the January-March quarter of 2012, Genpact said in a statement.
The company said its cost reduction and localisation initiatives, growth in volumes and favourable foreign exchange helped improve the bottomline during the quarter.
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
Reliance Industries Ltd on Friday reported an 11 per cent drop in its June quarter net profit largely due to weak oil-to-chemical (O2C) vertical and higher interest and depreciation cost. Net profit was Rs 16,011 crore, or Rs 23.66 per share, in April-June - the first quarter of current 2023-24 fiscal year - compared with Rs 17,955 crore, or Rs 26.54 a share, earning a year back, according to a company's stock exchange filing.
Maruti Suzuki India on Thursday posted a marginal increase in consolidated net profit to Rs 3,792 crore for the June quarter, with robust overseas shipments compensating for the drop in domestic sales. The country's largest carmaker reported a net profit of Rs 3,760 crore in the April-June period of the previous fiscal year.
Profit up due to strong performance of biopharma segment.
Hinduja TMT on Thursday reported a 21 per cent increase in net profit to Rs 17.23 crore (Rs 172.3 million) for the quarter ended June 30, 2003 when compared with the corresponding period last fiscal.
Zee Tele has reported a 3% increase in net profit at Rs 17.07 crore (Rs 170.7 million) for the quarter ended June 30, 2003 when compared with Rs 16.60 crore (Rs 166 million) last fiscal.
iGate Global Solutions has posted a consolidated net profit after tax and minority interest of Rs 1.42 crore (Rs 14.2 million) for the quarter ended June 30, 2005 as compared to Rs 11 lakh for the quarter ended June 30, 2004.
Grasim Industries Ltd, an Aditya Birla group flagship company, has posted a 68 per cent rise in its net profit at Rs 219.2 crore for the first quarter ended June 30, 2004 as against Rs 130.5 crore in the corresponding quarter last fiscal.
The country's biggest lender SBI on Friday posted 12 per cent increase in standalone net profit at Rs 19,160 crore for the first quarter of the current financial year. The bank had earned a net profit of Rs 17,035 crore in the same quarter of previous fiscal year.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
i-flex Solutions on Friday reported a 615 per cent increase in consolidated net profit of Rs 41.50 crore (Rs 415 million) for the first quarter ended June 30, 2006 when compared with Rs 5.80 crore (Rs 58 million) in Q1 FY06.
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Hindustan Lever on Monday reported a 15 per cent decline in net profit at Rs 250.25 crore (Rs 2.5 billion) for the first quarter ended March 31, 2005 as against Rs 294.88 crore (Rs 2.94 billion) in Q1 FY04.
Its total income, as per Indian GAAP, for Q1FY08 surged 54% to Rs 5,873.52 crore (Rs 58.735 billion) from Rs 3,815.49 crore (Rs 38.154 billion) in Q1FY07.
Telecom major Bharti Airtel on Wednesday said its net profit dipped nearly 28 per cent to Rs 1,215.2 crore (Rs 12.15 billion) in the quarter ended June 30, 2011.
Maruti Udyog on Monday said its net profit soared by 42.1 per cent to Rs 170.9 crore during the quarter ended June 30, 2004 against Rs 120.2 crore during the year-ago period, buoyed by a 19 per cent jump in sales volume.
Asea Brown Boveri has posted a 41 per cent increase in net profit to Rs 8.75 crore (Rs 87 million) for the first quarter ended March 31, 2003 when compared with Rs 6.20 crore (Rs 62 million) for the corresponding quarter last fiscal.\n\n\n\n
Bosch Ltd, a supplier of automotive components to original equipment makers, has reported 69.4 per cent drop in net profit to Rs 49.3 crore for its first quarter ended March 2009, compared with the corresponding quarter last year. Its net sales for the quarter dropped 20.6 per cent to Rs 991.6 crore.
Associated Cement Companies has reported a 122% increase in net profit at Rs 44.14 crore (Rs 441.4 million) for the quarter ended June 30, 2003 as against Rs 19.84 crore (Rs 198.4 million) of the last fiscal.
Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
Infosys Q1 net stood at Rs 1,527 crore, up 17.28 per cent. The company announced its results on Friday, a day after its co-founder and co-chairman Nandan Nilekani left for government's ID project.
Tata Motors posted robust results for the June quarter, defying market forecasts and registering a 58 per cent rise in net profit for the period.
Reliance Industries Ltd on Thursday posted a 10.25 per cent rise in net profit at Rs 2,547 crore (Rs 25.47 billion) for the quarter ended June 30, as compared to Rs 2,310 crore (Rs for the corresponding quarter in FY2005-06.
