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With this, we end today's coverage of September quarter earnings.
Companies such as Maharashtra Bank, ICICI Prudential Life Insurance Co., Tech Mahindra, Persistent Systems, IREDA and more are set to announce their second quarter results on Tuesday. Stay tuned to NDTV Profit for all the details.
(This live blog has ended).
Just Dial Q2 Highlights (QoQ)
Revenue up 1.7% to Rs 303.00 crore versus Rs 297.80 crore
Net Profit down 25% to Rs 119.40 crore versus Rs 159.60 crore
Ebitda up 1% to Rs 87.00 crore versus Rs 86.40 crore
Margin at 28.7% versus 29%
Broad based growth seen across verticals
Top performing sectors are life science & healthcare
Co to continue to focus on asset light model
Decision making in auto segment taking a while
Source: Con Call
Co has lowered dependence on H1-B visa over time
Co to focus more on local hiring
Source: Con Call
C Vijayakumar, CEO & Managing Director:
Restructuring is on the back of skill and location mismatch, not capacity reduction agenda.
C Vijayakumar, CEO & Managing Director:
Industry is enveloping to narrow down to one-two pricing model
Co is trying out multiple models for pricing
Pricing model to settle down in couple of quarters
No clear direction for pricing models
C Vijayakumar, CEO & Managing Director:
Co sees huge opportunities in implementation & operational services for data centres
Restructuring cost to continue in Q3 & may spill over to Q4 too
Discretionary spend are happening on AI
Ram Sundararajan, Chief People Officer:
Co added over 5,000 freshers in Q2, double on YoY bases
Seeing some impact in manufacturing due to slowdown in auto sector
Nearly all Q2 deals include AI elements
Co to roll out increments, effective from October
C Vijayakumar, CEO & Managing Director:
Strong quarter for us with broad based growth and expanding margin
Advanced AI is approx 3% of overall revenue
First time the company crossed deal wins of 2.5 billion without any mega deals
Continued impact due to auto sector slow down
HCL Technologies Q2 Highlights (Cons, QoQ)
IT and Business Services up 5.5% at Rs 23,693 crore versus Rs 22,454 crore
Engineering and R&D Services up 4.8% at Rs 5,423 crore versus Rs 5,174 crore
Software revenue up 3.9% at Rs 2,826 crore versus Rs 2,721 crore
CC revenue growth is at 2.4% vs -0.8% in Q1
Company books over $100 million revenue from Advanced AI
Upskilling of global talent base remains key priority: Chairperson
Growing AI demand has backed growth: CEO & MD
IT and Business Services up 5.51% at Rs 23,693 crore versus Rs 22,454 crore.
Engineering and R&D services up 4.81% at Rs 5,423 crore versus Rs 5,174 crore.
HCL Software revenue up 3.85% at Rs 2,826 crore versus Rs 2,721 crore.
Company Revenue growth expected to be between 3.0% - 5.0% YoY in CC
Services Revenue growth expected to be between 4.0% - 5.0% YoY in CC
EBIT margin to be between 17.0% - 18.0%
The IT major announced a dividend of Rs 12 apiece with Oct. 17 as the record date.
HCL Technologies Q2 Highlights
LTM attrition at 12.6%
TCV (New Deal wins) at $2,569M, up 41.8% QoQ and up 15.8% YoY
Constant Currency (CC) Revenue up 2.4% QoQ and up 4.6% YoY
USD Revenue of $3,644M, up 2.8% QoQ and up 5.8% YoY
HCL Technologies Q2 Highlights (Cons, QoQ)
Revenue up 5.2% to Rs 31,942 crore versus Rs 30,349 crore (Estimate: Rs 31,472 crore)
Net Profit up 10% to Rs 4,235 crore versus Rs 3,844 crore (Estimate: Rs 4,236 crore)
Ebit up 11% to Rs 5,502 crore versus Rs 4,942 crore (Estimate: Rs 5,343 crore)
Margin at 17.2% versus 16.3% (Estimate: 16.47%).
Anand Rathi Wealth Q2 Highlights (Cons, QoQ)
Revenue up 8.5% to Rs 297.36 crore versus Rs 274.01 crore
Net Profit up 6% to Rs 99.35 crore versus Rs 93.60 crore
Ebitda up 7% to Rs 137.13 crore versus Rs 127.61 crore
Margin at 46.1% versus 46.6%
To pay dividend of Rs 6 per share
Zomato-parent Eternal Ltd. announced on Monday that the company's board will consider second quarter earnings on October 16.
(Source: Exchange Filing)
Anand Rathi Wealth's share price dipped marginally to end 0.72% lower at Rs 2,934.90 apiece, ahead of the company's earnings announcement.
Anand Rathi Wealth's share price dipped marginally to end 0.72% lower at Rs 2,934.90 apiece, ahead of the company's earnings announcement.
JSW Steel Ltd. announced on Monday that the company's board will consider second quarter earnings on October 17.
(Source: Exchange Filing)
Dr Reddy's Laboratories Ltd. announced on Monday that the company's board will consider second quarter earnings on October 24.
(Source: Exchange Filing)
Bajaj Auto Ltd. announced on Monday that the company's board will consider second quarter earnings on November 7.
(Source: Exchange Filing)
Stallion India Fluorochemicals Ltd.'s share price rose nearly 10% ahead of its second quarter results on Monday, Oct 13.
Stallion India Fluorochemicals Ltd.'s share price rose nearly 10% ahead of its second quarter results on Monday, Oct 13.
Anand Rathi Share and Stock Brokers Ltd.'s share price rose nearly 2% on Monday ahead of its second quarter earnings result.
Anand Rathi Share and Stock Brokers Ltd.'s share price rose nearly 2% on Monday ahead of its second quarter earnings result.
In accordance with SEBI rules to prevent insider trading, the trading window for dealing in securities of the company is closed from Sept. 25 until 48 hours after the declaration of results for Q2FY26
HCL Technologies Ltd. is set to announce results for the second quarter of FY26 next week. HCLTech is a global technology company with a presence in 60 countries. Here’s everything you need to know about HCL Technologies’ Q2 FY26 results schedule.
Read more about it here
HCLTech is expected to post steady sequential growth in the July–September quarter, with analysts tracking its margin expansion and the potential cost impact from the recent H-1B visa fee hike. The company will announce its Q2 FY26 results on Oct. 13.
Read More about it here
Indian Bank Ltd.'s share price gained over 1% on Monday, Oct. 13 ahead of the second quarter results.
Indian Bank Ltd.'s share price gained over 1% on Monday, Oct. 13 ahead of the second quarter results.
Just Dial Ltd.'s share price was trading 0.69% higher at intraday on Monday Oct. 13 ahead of its second quarter results.
Just Dial Ltd.'s share price was trading 0.69% higher at intraday on Monday Oct. 13 ahead of its second quarter results.
The financial statements will also help to evaluate how different sectors of the economy, such as banking, finance, IT and construction, have performed during this period. Another thing to watch out for will be the recommendation of dividends, if any, by the different companies.
Ahead of its second quarter results on Monday, Oct. 13 HCLTech Ltd.'s share price was trading over 1% lower.
Ahead of its second quarter results on Monday, Oct. 13 HCLTech Ltd.'s share price was trading over 1% lower.
Multiple companies including HCLTech Ltd., Just Dial Ltd., Indbank Merchant Banking Services Ltd., Ind Bank Housing Ltd., Indo Thai Securities Ltd. are set to declare the results for the second quarter of FY26 today. Investors and analysts will be studying these results to understand how the companies performed in the July-September quarter.
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