Thu, Oct 05, 2017
India Inc has been performing on single-digit growth since the past few quarters, and looks like the second quarter of fiscal year 2017-18 (Q2FY18) will be no different.
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Mon, Aug 21, 2017
Large companies accounted for over 75% of the share in terms of total net sales but they recorded lower net profits of about 23.2% y-o-y in Q1 FY18. Those at the lower end of the size scales witnessed negative growth in both sales and profit.
Fri, Aug 11, 2017
The bank witnessed net profit of Rs 203.39 crore in Q1, down by 51.98% compared to Rs 423.62 crore in the corresponding period of the previous year.
Thu, Jul 13, 2017
In Q1FY18, TCS will face brunt from wage hike, visa costs and strong INR appreciation. The company saw gradual improvement in earnings on yoy basis during FY17.
Wed, Jul 12, 2017
De-stocking on wholesale and CSD level in last days of June quarter, will impact overall earnings of FMCG companies. Margins will also face some pressure.
Tue, Jul 11, 2017
Three private listed companies; Jet Airways, SpiceJet and Indigo are expected to better earnings, margins and ASK growth in Q1FY18.
Result preview of fast moving consumer goods (FMCG) in the first quarter of FY18 will be impacted by the after effects of GST rollout.
IndusInd Banks net profit stood at Rs 836.55 crore, increasing by 26.48% yoy and 11.30% qoq. While provisions rose by over 34% yoy in this Q1.
Apart from visa costs, job cuts and wage hike challenge, the IT companies will also see further deceleration in margins due to INR appreciation.
Many analysts expect Q1FY18 earnings of IndusInd Bank to be strong with over 25% growth on year-on-year basis.
Mon, Jul 10, 2017
Looks like India's banking universe especially PSBs will continue to suffer with subdued earnings in Q1FY18.
Sun, Jul 09, 2017
Indian tech majors will announce their financial results this week, starting with Tata Consultancy Services on July 13.
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