Leading private lender IndusInd Bank is expected to report healthy growth in net interest income (NII) for the quarter ended December on the back of solid loan growth. NII for the third quarter is likely to grow around 16% year-on-year, according to an average estimate of five analysts. The NII growth is likely to be … Read more
MUMBAI – Avenue Supermarts Ltd reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to Rs 690.61 crore. Consolidated revenue from operations at Rs 13,572.47 crore too, increased by more than 17% from the year-ago period. Earnings before interest, taxes, depreciation and amortization or EBITDA during the … Read more
After IT bellwether Tata Consultancy Services (TCS) and Infosys started the earnings season on Thursday, 18 companies will be announcing their December quarter results today. Street will be having its eyes fixed on results of HCL Technologies and Wipro. The other important results that will be tracked today include those from HDFC Life Insurance Company, … Read more
After fairly mixed results from IT majors Infosys and Tata Consultancy Services, Dalal Street investors’ attention will shift to HCLTech and Wipro, who will release their quarterly numbers later today. Brushing off the seasonality factor, HCLTech is expected to report strong earnings for the December quarter, while Wipro may continue to disappoint the market. If … Read more
