The third-quarter earnings season has begun, with over 60 companies set to release their results between January 13 and January 17. Major companies like HCL Technologies, Infosys, Wipro, Tech Mahindra, and Kotak Mahindra Bank will announce their quarterly financial results. HCL Technologies is expected to report revenue of ₹30,027 crore, while Infosys is expected to report revenue of ₹41,278 crore. Wipro is expected to report revenue of ₹22,040 crore, and Tech Mahindra is expected to report revenue of ₹13,313 crore. Axis Bank is expected to report total income of ₹20,118 crore. Investors will be focusing on factors such as revenue growth, margins, and profit numbers, as well as management commentary on performance and outlook for the present quarter. The results will be closely watched, particularly after IT bellwether TCS reported a 5% year-on-year rise in revenue for the second quarter of FY25.
More than 60 companies, including Infosys, Wipro, and Axis Bank, are set to release their earnings reports.
by newsworm | Jan 10, 2025 | Infosys, Wipro | 0 comments