India's second-largest IT services provider Infosys has reported its September quarter results. Watch experts Mayuresh Joshi, Director-Research at MarketSmith India and Ashutosh Mishra, Head-Research, Institutional Equity, Ashika Stock Broking decode the numbers in a chat with Nandita Khemka.
TCS Q2 Earnings Live: Margin, Revenue Beat Street Estimates,
Net profit grew quarter-on-quarter, but missed analyst estimates, even as revenue showed a healthy growth. The IT major raised its guidance further, after a surprise hike in the previous quarter. Watch here for more details
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LIC's net premium income fell 19 percent to Rs 1.07 lakh crore in the quarter under review from Rs 1.32 lakh crore in the year-ago period.
"CGCEL had a difficult quarter owing to an unfavourable base period and high retail inflation creating weak consumer demand," the company said in its earning statement.
Shree Cements reported a 67% drop in standalone net profit for the second quarter on a year-on-year basis. Standalone revenues increased 18% year-on-year to Rs 3,781 crore as compared to Rs 3,206 crore a year back. Industry-beating volume growth coupled with better realisations aided the year-on-year growth in revenues. Here is the management outlining the factors that led to a drop in profitability, the demand outlook going forward and the expansion plans that the cement maker intends to undertake in the coming quarters. Watch!
Speculations are rife that the Salil Parekh-led company may also announce share buyback along with the Q2 earnings.
Jio's operating revenue increased 33.7 percent to Rs 12,354 crore in Q2 from Rs 9,240 crore in the corresponding quarter of 2018-19.
Sakshi Batra does a 3 point analysis of the Tata Motors Q2 earnings and the strategy investors can adopt on the stock