TCS, Tata Elxsi, Avenue Supermarts Q2 Results This Week — Earning Estimates
Tata Consultancy Services Ltd., Tata Elxsi Ltd. and Avenue Supermarts Ltd. will be in focus this week for their September quarter financial results.
Indian Renewable Energy Development Agency Ltd., GM Breweries Ltd., Western Carriers (India) Ltd. and Arkade Developers Ltd. will also announce their quarterly result this week. Among these companies, Western Carriers and Arkade Developers will disclose their first quarterly results to the street after listing on the bourses.
TCS is set to release its earnings on Wednesday, kicking off the earnings season in earnest. Analysts expect the Indian technology giant to post Rs 12,573.69 crore net profit for the quarter ended in September. It's revenue for the period might have increased to Rs 64,205.79 crore during the second quarter, according data on Bloomberg.
Operating profit for the Tata-owned tech major is expected to grow to Rs 15,992.93 crore, with operating margin at 24.93%
Tata Elxsi expected to show net profit of Rs 200.85 crore, and revenue of Rs 947.02 crore for the second quarter ended in September, according to estimates on Bloomberg. Tata Elxsi will also disclose its earning on Wednesday.
Avenue Supermarts Ltd., which is popularly known as D–Mart, is set to report its earning this week. Analysts in a Bloomberg's survey estimated its revenue for the second quarter to be around Rs 14,825.77 crore for the second quarter. The net profit for the July–September quarter is likely to be around Rs. 1,065.0 crore.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
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Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
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Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
