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Jul Sep 2016 Quarter
All Stories for Jul Sep 2016 Quarter
Maruti Suzuki Q2 net profit jumps 60% at Rs 2,398 crore
•Country's largest carmaker Maruti Suzuki India today posted 60.18 percent jump in net profit to Rs 2,398 crore for the second quarter ended September 30 of the current fiscal.
Wipro Q2 net profit dips 7.6% at Rs 2,070 crore
•Stating that it foresees a "mixed" demand environment, Wipro said it expects its IT service revenue for the October- December quarter of 2016-17 to be in the range of USD 1,916 million to USD 1,955 million.
Reliance Industries July-September quarter net profit up 43.1% on-year
Fp Staff •The main surprise was in the gross refining margin -- the difference between the crude oil price and the value of petroleum products coming out of a refinery -- of $10.1 per barrel, which was below $11.5 per barrel for the previous quarter, but well above market expectations.
YES Bank Q2 profit jumps 31% to Rs 802 crore on rise in low cost deposits
•Private sector lender Yes Bank today reported a 31.3 percent jump in net profit to Rs 801.5 crore for the second quarter ended September 30.
Infosys, Tata Consultancy Services results signal a downward inflexion point in Indian IT’s future
Jagannathan •Clearly, automation is going to change India IT forever. It will create a new binary class structure where there will be a very highly paid IT elite, and a reducing but still large complement of lower-wage pool facing an uncertain future.