Happiest Minds Applied sciences reported an 11.2 per cent quarter-on-quarter (QoQ) progress in income at ₹463.83 crore within the first quarter of FY25, in comparison with ₹417.29 crore within the earlier quarter. Venkatraman Narayanan, Managing Director & CFO, advised businessline: “This quarter, we’ve proven enlargement in our topline and the profitability metric of EBITDA. EBITDA … Read more
ABB India, an electrification and automation main has recorded an increase in its standalone revenue after tax (PAT) by 50 per cent to ₹443 crore in April- June quarter from ₹296 crore within the year-ago interval. The corporate follows a calendar 12 months thus marking this because the Q2 within the present 12 months. The … Read more
Mutual funds have raised their holdings in BSE to eight.78 per cent within the quarter ended June from 8.52 per cent within the earlier quarter. That is the fourth consecutive quarter the place MFs have raised their holdings within the bourse. Additionally learn: FPIs proceed aggressive promoting post-Price range: Pull out ₹20,919 crore since July … Read more
The expansion trajectory for income is robust due to the pipeline and order e-book, stated Sonata Software program’s CFO, Jagannathan Chakravarthi. The corporate’s worldwide enterprise reported a income progress of 1.3 per cent quarter on quarter (QoQ) and eight.5 per cent 12 months on 12 months (YoY) at ₹687.8 crore within the quarter ended June … Read more
Adani group’s airport enterprise noticed a 9 per cent decline in its loss earlier than tax on improved income in first quarter FY 2025 on a year-on-year foundation. The pre-tax loss for the quarter stood at ₹89 crore as towards ₹98 crore in the identical interval final 12 months. The group runs seven airports serving 23 … Read more
Indian Financial institution has recorded sturdy progress in its internet revenue for the June quarter, aided by a rise in working revenue on the again of an increase in curiosity and non-interest incomes and decrease provisions. Its asset high quality additionally witnessed enchancment throughout the interval. The Chennai-headquartered financial institution’s internet revenue grew 41 per cent to ₹2,403 crore in Q1 … Read more
The week passed by noticed Nifty and Sensex clock weekly positive factors of round 1.2 per cent and 0.9 per cent respectively. Whereas Nifty touched an all-time excessive of 24,861 and closed at 24,834.8, Sensex closed at 81,332.7 factors marginally decrease than its all-time excessive of 81,587.8. The Dalal Road was in inexperienced for many … Read more
Wipro is about to announce its monetary outcomes for the primary quarter of FY25 on July 19. With an 8 per cent year-on-year (YoY) revenue decline in Q4FY24, at ₹2,835 crore, analysts predict Wipro’s income might be flat quarter-on-quarter (QoQ). Listed here are 5 key issues: Vertical development A Motilal Oswal report attributes Wipro’s income … Read more
IT agency LTIMindtree after recording a sequential revenue decline in This fall, is assured of bouncing again in Q1 FY25, and goals to drive broad-based progress and enhance margin efficiency, mentioned Nachiket Deshpande, COO, LTIMindtree. The corporate had absence of move throughs, prolonged furloughs and slower giant deal ramp-ups impacting income progress in This fall. … Read more