Q2results

Decoding Wipro results: Q2 revenue growth slowest among peers

Shares of Wipro fell as much as 6.3 percent after its July-September revenue in dollar terms grew 2.7 percent sequentially, lagging other major IT services exporters, dealers said.<br /><br />

HDFC net meets estimates, rises 10% to Rs 1266 crore

Housing finance company HDFC 's second quarter earnings matched expectations with the standalone net profit rising 10 percent year-on-year to Rs 1,266.33 crore from Rs 1151 crore.<br /><br />

UltraTech Cement Q2 profit halves, biggest drop in 3 yrs

Rising input and energy costs have been putting pressure on margins at Indian cement companies, including UltraTech and Ambuja Cements, while demand remains a concern in an economy that is growing at its slowest pace in a decade.

Axis Bank surprises St with 21% rise in profit but bad loans rise

The country's third largest private sector lender Axis Bank surprised Dalal Street with a higher than expected 21.2 percent surge in net profit despite deterioration of asset quality. <br /><br />

Explainer: Why HCL Tech, TCS are not market heroes despite good results

Shares of IT stocks Tata Consultancy Services and HCL Tech were down in trade this morning on profit booking even as the three companies posted better than expected earnings for the quarter ended September 30, 2013.<br /><br />

HCL Tech profit beats estimates on healthy spending from top clients

The Noida-based company saw an 18.7 percent rise in net profit quarter-on-quarter to Rs1,416 crore. Analysts on an average were expecting HCL Tech to report an 11 percent quarterly rise in profit at Rs 1350 crore.<br /><br />

RIL results: Strong petrochem biz negates impact of lower refining margins

Shares of Reliance Industries rose as much as 3.2 percent on Tuesday before losing altitude after its July-September operating profits beat some analysts' estimates. The improvement was due to better-than-expected margins in the petrochemical business.<br /><br />

Forget that special dividend, we need cash: What Infosys said post results

According to Infosys CEO SD Shibulal the company witnessed broad-based volume growth during the quarter, made robust client additions, won five large deal and increased sales momentum of itd big data and cloud offerings.<br /><br />

Infosys is back: ups FY14 revenue outlook to 9-10 percent

IT major Infosys today reported a flat profit but upped its full year sales guidance for FY14 to 9-10 percent from the current 6-10 percent, indicating a return of stability and confidence at the country's second largest outsourcer. <br /><br />

Infosys Q2 results out today: What to expect

Markets are betting on on India's second-largest software outsourcer Infosys to deliver robust, second-quarter earnings this morning and also raise its sales outlook for the 2013-14 fiscal year as its financial performance will set the tone for the rest of the IT earnings this quarter.