IT giant Tata Consultancy Services (TCS) will kick off the earnings season for the quarter ending September on October 10. In addition to this bellwether company, IREDA, Tata Elxsi, and Avenue Supermarts (DMart) are among the top companies set to release their quarterly results this week. Here's a look.
October 8 and 9
Transformers and Rectifiers, along with Navkar Corporation, will release their results on October 8. Meanwhile, Reliance Consumer Products-owned Lotus Chocolates, GTPL Hathway, Western Carriers, and Rhetan TMT will reveal their Q2 results on October 9.
October 10
IT major Tata Consultancy Services (TCS) will announce its Q2 results on October 10. In Q1 FY25, TCS reported a 9% year-on-year (YoY) growth in its net profit, reaching Rs 12,040 crore (profit attributable to shareholders of the company), compared to Rs 11,120 crore reported in the same quarter of the previous financial year. However, consolidated profit for the period stood at Rs 12,105 crore.
The company's revenue from operations was Rs 62,613 crore, marking a 5.4% increase over the Rs 59,381 crore posted in the same period a year ago.
Other than TCS, Tata Elxsi, Anand Rathi Wealth, Arkade Developers, Den Networks, and G M Breweries will also announce their Q2 results on October 10.
October 11
Hathway Cable & Datacom, Reliance Industrial Infrastructure, and Plastiblends India will also announce their quarterly results this week.
October 12
Avenue Supermarts (DMart) will announce its Q2 earnings on October 12.
In Q1 of FY25, Avenue Supermarts, which runs the popular DMart chain of retail stores, reported that its consolidated profit jumped 17.5% to Rs 774 crore compared to Rs 659 crore in the corresponding quarter of the previous financial year. The company's revenue increased by 18.6% year-on-year (YoY) to Rs 14,069 crore.
The company's consolidated basic earnings per share (EPS) for Q1 FY25 stood at Rs 11.89, up from Rs 10.14 for Q1 FY24. On a standalone basis, its revenue rose 18.4% YoY to Rs 13,712 crore, while PAT also increased by 16.8% YoY to Rs 812 crore.
D-Mart follows a low-cost and low-price strategy aimed at procuring goods at competitive prices, utilizing operational and distribution efficiency to deliver value for money to customers by selling at competitive prices.
In the June quarter, FII holding in the company rose from 8.3% to 9.2%, while DII ownership decreased from 8.6% to 8%.
October 8 and 9
Transformers and Rectifiers, along with Navkar Corporation, will release their results on October 8. Meanwhile, Reliance Consumer Products-owned Lotus Chocolates, GTPL Hathway, Western Carriers, and Rhetan TMT will reveal their Q2 results on October 9.
October 10
IT major Tata Consultancy Services (TCS) will announce its Q2 results on October 10. In Q1 FY25, TCS reported a 9% year-on-year (YoY) growth in its net profit, reaching Rs 12,040 crore (profit attributable to shareholders of the company), compared to Rs 11,120 crore reported in the same quarter of the previous financial year. However, consolidated profit for the period stood at Rs 12,105 crore.
The company's revenue from operations was Rs 62,613 crore, marking a 5.4% increase over the Rs 59,381 crore posted in the same period a year ago.
Other than TCS, Tata Elxsi, Anand Rathi Wealth, Arkade Developers, Den Networks, and G M Breweries will also announce their Q2 results on October 10.
October 11
Hathway Cable & Datacom, Reliance Industrial Infrastructure, and Plastiblends India will also announce their quarterly results this week.
October 12
Avenue Supermarts (DMart) will announce its Q2 earnings on October 12.
In Q1 of FY25, Avenue Supermarts, which runs the popular DMart chain of retail stores, reported that its consolidated profit jumped 17.5% to Rs 774 crore compared to Rs 659 crore in the corresponding quarter of the previous financial year. The company's revenue increased by 18.6% year-on-year (YoY) to Rs 14,069 crore.
The company's consolidated basic earnings per share (EPS) for Q1 FY25 stood at Rs 11.89, up from Rs 10.14 for Q1 FY24. On a standalone basis, its revenue rose 18.4% YoY to Rs 13,712 crore, while PAT also increased by 16.8% YoY to Rs 812 crore.
D-Mart follows a low-cost and low-price strategy aimed at procuring goods at competitive prices, utilizing operational and distribution efficiency to deliver value for money to customers by selling at competitive prices.
In the June quarter, FII holding in the company rose from 8.3% to 9.2%, while DII ownership decreased from 8.6% to 8%.
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