Net Sales are expected to increase by 3.3 percent Q-o-Q (up 9.7 percent Y-o-Y) to Rs. 13227.7 crore, according to Edelweiss.
Net Sales are expected to increase by 3.1 percent Q-o-Q (up 9.5 percent Y-o-Y) to Rs. 13,201.6 crore, according to Motilal Oswal.
Net Sales are expected to increase by 3.5 percent Q-o-Q (up 10 percent Y-o-Y) to Rs. 13,259.2 crore, according to Kotak.
Tech Mahindra has posted a strong quarter. In an interview with CNBC-TV18, Ravi Menon of Elara shared his views and readings on the same as well as on some of its peer companies.
HCL Technologies reported a largely in-line set of earnings. The company has maintained guidance on all parameters. Profit and dollar revenue have come in-line with estimates. In an interview with CNBC-TV18, C Vijayakumar, CEO and Anil Chanana, CFO of HCL Technologies spoke about the performance and guidance of the company.
Analysts expect FY18 constant currency revenue growth guidance to be maintained at 10.5-12.5 percent and EBIT margin at 19.5-20.5 percent. FY18 constant currency guidance translates to 12.1-14.1 percent in dollar terms.
CLSA has reduced its growth expectations for Wipro, TCS & HCL Technologies, and lifted expectations for Infosys.
Given the current landscape in the market, they would look at opportunities in digital, cloud, said C Vijayakumar, CEO, HCL Tech.
In an interview to CNBC-TV18, Urmil Shah, AVP Research Analyst at IDBI Capital, Sanjeev Hota, AVP Research at Sharekhan, Girish Pai of Nirmal Bang Institutional Equities and Trip Chowdhry of Global Equities Research shared their readings on Infosys Q2 earnings as well as their outlook on how the stock would react in today’s trading session on the back of its quarterly numbers.
Analysts expect the company to maintain constant currency revenue growth at 10.5-12.5 percent and EBIT margin at 19.5-20.5 percent for the year.
Net Sales are expected to increase by 4.3 percent Q-o-Q (up 10 percent Y-o-Y) to R.s 12672.8 crore, according to Kotak.
For Infosys, BofA-ML expects sequential revenue growth of 3.2 percent on a QoQ basis on a constant currency basis and 4.4 percent QoQ in USD terms, aided by strengthening EUR, AUD and GBP during the quarter.
Profit during the quarter is seen falling 12 percent sequentially to Rs 2,043 crore compared with Rs 2,325 crore in previous quarter.
Net Sales are expected to increase by 1.2 percent Q-o-Q (up 7.7 percent Y-o-Y) to Rs 12203.3 crore, according to Edelweiss. HCL Tech to report net profit at 2092.2 crore down 10.1% quarter-on-quarter.
In an interview to CNBC-TV18, C Vijayakumar, CEO and Anil Chanana, CFO of HCL Technologies spoke about the results and gave their outlook for the company.
In an interview with CNBC-TV18, Urmil Shah, AVP-Research Analyst at IDBI Capital and Karan Taurani, Senior Analyst at Dolat Capital shared their readings and outlook in HCL Technologies'Q4 numbers.
HCL Technologies Ltd reported 20.8 percent year-on-year (YoY) growth in net profit to Rs 2325 crore for the quarter ended March 31.
Net Sales are expected to increase by 3 percent Q-o-Q (up 14 percent Y-o-Y) to Rs 12208.8 crore, according to KR Choksey. HCL Tech to report net profit at 2091.4 crore up 1% quarter-on-quarter.
Speaking to CNBC-TV18, C Vijayakumar, Chief Executive Officer of HCL Technologies, said a deal with IBM had been extended and would fetch HCL USD 40 -50 million in revenue.
HCL Technologies, one of the largest software services providers, reported profit at Rs 2,062 crore on revenue of Rs 11,814 crore for the quarter. Its earnings matched expectations.
IT services provider HCL Technologies' third quarter profit is seen rising only half a percent sequentially to Rs 2,025 crore as margin may shrink by 35 basis points to 19.75 percent due to staggered wage hike and currency headwind.
Net Sales are expected to increase by 1 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 11676.9 crore, according to KR Choksey.
Net Sales are expected to increase by 1.7 percent Q-o-Q (up 13.2 percent Y-o-Y) to Rs 11709.4 crore, according to Motilal Oswal
The IT giant will be the industry leader in organic growth once it acquires the Butler America Aerospace. The acquisition will be completed by December 31 2016.
Sanjiv Bhasin of IIFL and Dolat Capital's Karan Taurani believe that the company's Q2 performance was good and it can outperform peers like TCS and Infosys in the coming quarters.