At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
The second quarter (July-September) earnings season will gather momentum shortly as technology major Infosys unveils its numbers on Wednesday. IT companies had a disappointing first quarter, as wage hikes and an uncertain business environment in the US and Eurozone chipped away at the operating margins.
PINC Research has come out with its earning estimates on IT sector for the quarter ended September 2011.
Infosys is expected to announce its second quarter result on October 12. Most experts feel that the recent fall in the rupee will help boost Q2 earnings of the Indian IT companies like Infosys. Ashwin Mehta from Nomura India too feels that Infosys is likely to benefit most from the rupee's depreciation.
Wipro Consumer Care & Lighting had turnover of about Rs 755 crore and an operating margin of about Rs 90 crore in the first quarter, said Vineet Agrawal, President--Consumer Care and Lighting, Wipro. He expects the company to maintain operating margin around 12% ahead.
Wipro's consolidated net profit for the first quarter (April-June) of fiscal year 2012 fell almost 3% to Rs 1,335 crore as against Rs 1,375 crore in the previous quarter. However, the executive director and chief executive officer of the IT business TK Kurien remains satisfied and confident about the future.
Wipro is to announce its first quarter FY12 results. According to CNBC-TV18's estimates, the company's Q1 consolidated revenues are seen up 2.46% at USD 1873 million versus USD 1828 million, quarter-on-quarter, qoq.
In an interview with CNBC-TV18, Viju George, executive director of JPMorgan said, Tata Consultancy Services has delivered a very good set of numbers. However, that, he said, does not lead to any earnings per share (EPS) upgrades. “The street has not also majorly revised upwards EPS numbers for FY12 and FY13,” he added.
Angel Broking has come out with its earning estimates on IT sector for the quarter ended June 2011. According to the research firm, Wipro June quarter net sales are expected to go up by 0.4% at Rs 8,335 crore, QoQ basis.
From the top management at Wipro, TK Kurien, CEO, IT Business & Executive Director; Suresh Senapaty, Executive Director & CFO and Pratik Kumar, Corporate, VP-HR, spoke about the company's performance and how they saw the road mapping out going forward.
Wipro's fourth quarter net profit rose 4.3% to Rs 1,375 crore, quarter-on-quarter. Calling the flattish set of numbers "a quarter aberration", CEO of the IT business and executive director TK Kurien said the demand scenario has changed from the past and we are focussing on shaping demand rather than reacting to demand.
Wipro is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's net sales are seen up 5.12% at Rs 8230 crore versus Rs 7829.3 crore.
Motilal Oswal has come out with its earning estimates on IT sector for the quarter ended March 2011. According to the research firm, Wipro quarter sales are expected to go up by 11.2% at Rs 8694.3 crore, quarter-on-quarter, (QoQ) basis.
Angel Broking has come out with its earning estimates on IT sector for the quarter ended March 2011. According to the research firm, Wipro March quarter sales are expected to go up by 4.6% at Rs 8,190 crore, quarter-on-quarter, (QoQ) basis.
PINC Research has come out with its earning estimates on IT sector for the quarter ended March 2011. According to the research firm, Wipro March quarter sales are expected to go up by 5.3% at Rs 8234.6 crore, quarter-on-quarter, (QoQ) basis.
KRChoksey has come out with its earning estimates on IT sector for the quarter ended March 2011. According to the research firm, Wipro March quarter sales are expected to go up by 6% at Rs 8,254 crore, quarter-on-quarter, (QoQ) basis.
Not surprised with Wipro's performance in the said quarter, Viju George of JPMorgan said the company has bee lagging for the last six-seven quarters and the trend may continue going forward. "It needs to shift its topline growth trajectory," he said.
Calling the structure of a single CEO 'more appropriate' for coming years, Wipro's chairman Azim Premji said, "Current joint CEOs will exit by April 1 and the new CEO will takeover. He will be a transformational leader and a strong growth manager."
"With the environment for the IT sector looking positive, we are confident of growth despite tepid volumes in the previous quarter," the management said, adding that the attrition rate for the quarter was down by 2%, and it saw further decline there.
India's third largest IT services exporter Wipro is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up at Rs 1,318.3 crore as against Rs 1,276 crore, on quarter-on-quarter basis.
According to Srishti Anand, IT Analyst, Angel Stock Broking, Infosys’ FY11 EPS would be close to Rs 121. “We are looking at close to 10-11% kind of upsides. Right now, price target is Rs 3,560 and we may revise it upwards,” she adds.
In an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, Bhavin Shah, CEO of Equirus Securities spoke about the latest happenings in his company and the road ahead.
Angel Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Wipro quarter sales are expected to go up by 3.1% at Rs 7972 crore, Quarter-on-Quarter, (QoQ) basis.
Prabhudas Lilladher has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Wipro December quarter sales are expected to go up by 3.5% at Rs 8043.9 crore, Quarter-on-Quarter, (QoQ) basis.
The IT sector will soon kick start the earnings season. Sandip Agarwal of Antique Stock Broking and Ganesh Duvvuri of Edelweiss Capital, in an interview on CNBC-TV18, agree that TCS’ earnings growth will be slightly better than Infosys.
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Wipro December quarter sales are expected to go up by 4.6% to Rs 8131.6 crore, Quarter-on-Quarter, (QoQ) basis.