Q1 Results Updates: Axis Bank Profit Misses Estimates; Wipro, LTIMindtree Profit In Line With Consensus
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 Updates: Stocks In Focus Tomorrow
Along with reacting to the results of Axis Bank, Wipro, LTIMindtree, and the likes, shares of Reliance Industries, Bandhan Bank, Hindustan Zinc and JSW Steel will be in focus as the companies report their June quarter results.
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Q1 Results Live: Axis Bank ADR Falls
The ADR of Axis Bank slipped nearly 5% to $64.3 on Thursday after the company reported a miss in profits amid worsening asset quality.
Wipro Q1 Results Live: Prudent In Asset Clarification, Upgrade Criteria
Several large deals were on back of vendor consolidation.
No bank more prudent than us in asset classification and upgrade criteria.
Unless there is a change in regulation, do not foresee any change in provisioning policy.
On stage three assets, we have adequate cover to meet ECL guidelines.
Source: Con Call
Q1 Results Live: Nuvoco Vistas Profit Up Multifold
Nuvoco Vistas Q1 Highlights (Consolidated, YoY)
Revenue up 9% to Rs 2,873 crore versus Rs 2,636 crore
Net Profit at Rs 133 crore versus Rs 2.8 crore
Ebitda up 51% to Rs 519 crore versus Rs 343 crore
Margin at 18.1% versus 13%
Q1 Results Live: Ceat Profit Falls, Misses Estimates
Ceat Q1 Highlights (Standalone, YoY)
Revenue up 11.1% to Rs 3,520.70 crore versus Rs 3,168.20 crore
Net Profit down 9% to Rs 135.35 crore versus Rs 149.24 crore
Ebitda up 2% to Rs 391.05 crore versus Rs 381.53 crore
Margin at 11.1% versus 12.0%
