Q1 Results Live: LTIMindtree Profit Meets Estimates; Wipro Profit Down 7%; Axis Bank Asset Quality Worsens
As many as 37 companies are set to announce their Q1 results today. Check all the latest updates on earnings, dividend, board decisions and other corporate news.
KEY HIGHLIGHTS
Q1 Results Live: LTIMindtree Attrition At 14.4%
Trailing 12-month attrition is at 14.4%.
Revenue – Constant Currency terms grew by 0.8% QoQ and 4.4% YoY.
Order Inflow at $1.63 billion versus $1.60 billion QoQ, $1.40 billion YoY.
Source: Press Release
Q1 Results Live: Wipro Building An AI Everywhere Enterprise
Srini Pallia, CEO & MD of Wipro:
AI is seen as a force reshaping industries an amplifying potential
Company building an AI everywhere enterprise
Co to focus on returning to profitable growth
Source: Presser
Q1 Results Live: LTIMindtree Profit Up 11%
LTIMindtree Q1 Highlights (Consolidated, QoQ)
Revenue 0.7% up at Rs 9,840.60 crore versus Rs 9,771.70 crore. (Estimate: Rs 9,855 crore).
EBIT up 5% to Rs 1,406.50 crore versus Rs 1,345.40 crore. (Estimate: Rs 1416 crore).
EBIT margin at 14.3% versus 13.8%. (Estimate: 14%).
Net profit up 11% to Rs 1,254.10 crore versus Rs 1,128.50 crore. (Estimate: Rs 1,194 crore).
Wipro Q1 Results Live: 18 Major Deals Signed
Srini Pallia, CEO & MD of Wipro:
Consumer sector sees more cautious move
Retail, CPG and manufacturing have gotten majorly impacted by tariffs
Outsourcing renewals creating new opportunities
Health care business continues to do well
Company signed 16 large deals and two mega deals in the quarter
Source: Presser
Wipro Q1 Results Live: Confident On Second Half Of FY26
Srini Pallia, CEO & MD of Wipro:
Company sees trend in AI & digitalisation
Confident about the second half of the fiscal on account of deal wins
Sees strong deal momentum in America
Europe continue to faces head winds
Camco business sees strong performance in Latin America
Source: Presser
