Tag "financial-results"

TCS touches $1bn profit mark for the first time with 2.9pc rise in Q3 profit

MUMBAI, INDIA: Tata Consultancy Services(TCS) touched USD 1 billion-mark in profit for the first time as it reported an increased profit of 2.9 percent sequentially to Rs 6,778 crore($1bn approx.) for the quarter ended on December 31, 2016. Revenue in Q3 increased by 1.5

Infosys slashes revenue guidance, blames slow growth in large deals

BANGALORE, INDIA: IT major Infosys has disappointed the market today by lowering its constant currency revenue guidance for the year to 10.5-12.0 per cent from 11.5-13.5 per cent. Brexit has created an uncertainty in the near term for all the

India is key growth market for TCS

MUMBAI, INDIA: Tata Consultancy Services(TCS) has made a good start of the year by reporting a better than estimated Q1 earnings today. The IT services major has posted 3 per cent QoQ growth in revenue to Rs 29,305 crore, although

Top View: Will Cognizant see a rebound in growth in Q2?

Thomas George US-based Cognizant(CTSH) came out with a muted Q1CY16 earning reports last week. Despite the fact that its overall revenue grew by 10 pc, the report card reflects unusually weak quarterly performance, with 0.9 pc drop in its QoQ

Wipro misses estimates, Q4 net profit falls 1.6pc

BANGALORE, INDIA: India’s third largest IT services company has missed analyst expectation after its rivals, TCS and Infosys reported estimate-beating earnings. Wipro has posted a consolidated net profit for Q4 at Rs 2,240 crore, a YoY decline of 2.2 percent.

TCS Q4 net profit beats expectation marginally with 3.8pc rise

MUMBAI, INDIA: Beating analyst expectations for the first time in seven quarters, India’s largest IT services company, TCS said its Q4 net profit rose to Rs 6,341 crore, up 3.8% QoQ, marginally higher compared to the estimates of Rs 6,273.4

Infosys beats market expectation with Q4 numbers

BANGALORE, INDIA: Infosys beats market’s expectation for the four quarters in a row today, with 3.8% QoQ growth in its Q4 net profit at 3,597 crore. The Q4 revenue of the second large Indian IT company sees 4.1% QoQ growth

What helped CTS to clock better growth rate compared to its India-based peers?

By : Soma Tah

Thomas George Cognizant(CTS) revised its guidance for the second time and that looks to me as a sign of confidence despite of losing USD 100M business from Health net. The company’s Q2 2015 results is more noteworthy as its peers

Cognizant shares Q2 report card, raises revenue guidance

NEW JERSEY, USA: Cognizant Technology Solutions has announced its second quarter 2015 financial results. Revenue for the

Will Wipro’s digital and other initiatives boost growth next quarter?

BANGALORE, INDIA: Wipro’s quarterly results failed to meet expectations with 1pc growth, although the company met

Wipro reports Rs.122 billion in Q1 2016

MUMBAI, INDIA: Wipro has announced the results for the quarter ended June 30, 2015. Net income

Microsoft pins hope on Windows 10 to recover from Q42015 loss

USA: Microsoft is reportedly banking on Windows 10 (which releases July 29), to recover from Q42015 loss.

Infosys Q1 2016 revenue up 5 percent

BENGALURU, INDIA: The second largest IT services major Infosys which declared its financial results for Q1 2016

12.5 pc of TCS’ Q1 revenue comes from Digital

Thomas George TCS had a mild growth during the Q1 FY’16. But the most significant news

How digital is fueling the growth for Accenture

Thomas George Today, Digital Technologies are gaining traction for all major players in IT services, which

Pricing pressure and lower volumes bring Infosys Q4 profit down to 4.7 pc

BANGALORE, INDIA: After TCS, HCL Technologies and Wipro, Infosys is now the fourth home grown IT

Wipro’s outlook trails expectations, IT services revenue drops

BANGALORE, INDIA: Wipro posted a 2.2 percent rise in the net profit in its fourth quarter

Can Infosys deliver stronger quarters in FY’2016?

Thomas George Infosys happens to be the darling of stock market and the most media savvy

HCL Tech reports weak Q3, net profit down by 12.2 pc

BANGALORE, INDIA: HCL Technologies failed to cheer the market today as it reported a sequential dip

Can TCS sustain the current margin growth in 2016?

By : Sanghamitra Kar

Thomas George This is the question in mind after noting another muted Q4 FY’15 performance (INR