October 10
TCS,
, JTL Infra
October 11
,
October 12
HCL Technologies, Wipro, National Standard, , Nxtdigital
October 13
Infosys, Mindtree, Angle One, , Cyient
October 14
Bajaj Auto,
, ,
October 15
HDFC Bank,
, L&T Infotech, Life Insurance
Second-quarter earnings will likely be led by the banking and finance, client, and automobile sectors and dragged down by commodity sectors equivalent to metals and oil and fuel, mentioned Gautam Duggad, institutional analysis head at
.
“We expect companies in our coverage universe and Nifty earnings excluding metals and oil and gas to post a 30 per cent year-on-year growth in the September quarter,” he mentioned.
Stocking up of products earlier than the festive season could assist top-line progress, going by the GST and advance tax collections, mentioned Deepak Jasani, retail analysis head, HDFC Securities.
“The September quarter results could bring in a moderate rise in top-line year-on-year and sequential basis,” he mentioned, whereas indicating that profitability will likely be difficult to forecast contemplating the inflation issue.
Last quarter, India’s high IT exporter
(TCS) reported a 5.2 per cent rise in its June quarter web revenue to Rs 9,478 crore. June quarter income grew by 16.2 per cent to Rs 52,758 crore however working revenue margins slid all the way down to 23.1 per cent.
