Q1 Results Today Live Updates: India Inc Earnings Season in Full Swing
The Q1FY25 earnings season is in full swing, with companies like Tata Consultancy Services (TCS) and HCL Technologies already surpassing market expectations. Today, a slew of Indian companies, including Bajaj Auto, L&T Finance, CRISIL, Century Textiles and Industries, Just Dial, BMW Industries, Aditya Birla Money, Jubilant Ingrevia, and more, are set to announce their quarterly results for the period ending June 30, 2024.
So far, companies like Tata Elxsi, Anand Rathi Wealth, NELCO, GTPL Hathway, and others have already reported their earnings. TCS posted a 9% profit growth, while HCL Tech recorded a 20.5% surge in profits year-on-year.
In the latest updates, CRISIL announced a second interim dividend of Rs 8 per equity share and reported flat profits for the first quarter. Similarly, DB Corp saw a 49.7% surge in profits, while HDFC AMC reported a 26.4% growth in profits.
The earnings season is off to an exciting start, with companies across various sectors showcasing their financial performance. Stay tuned for more updates as more companies release their Q1FY25 results.