Infosys has come out with its second quarterly results. Infosys has announced profit after tax of Rs 1906 Crores  which is up by 10.6 % Q-o-Q and 16% Y-o-Y. The profit during the last year in the same quarter was at Rd 1722 Crores. The revenues of the company in the quarter ending Sept 30 [...]

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India’s third largest software exporting company announced its Q1 2011-12 results. Wipro made a profit of Rs 1335 crores which is up by 1.2% Y-O-Y. Net revenue of the company is at Rs 8564 crores which is up by 18% Y-o-Y. The company added 4105 employees to its payroll and the current strength of the [...]

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India’s largest software exporting company Tata consultancy services announced its Q1 results today. TCS announced revenues of Rs 10,797 crores which is 31.4% Y-o-Y and net profits of Rs 2415 crores which is up by 26.7% Y-o-Y and 7.9% Q-o-Q. The figures are looking extensively well when compared to results announced by Infosys. Company added [...]

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The much awaited results season is back. Infosys came out with its quarterly results today. For the quarter ending June 30,2011 the companies revenue stood at Rs 7485 crores. Which was a growth of 20.8% year on year. The net profit of Infosys is Rs 1,722 crores which is 15.7% Y-o-Y and 5.3% Q-o-Q. Infosys [...]

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Banking stocks which led the rally in 2010 in Indian stock markets, have been underperformers since some time. Most of the banking stocks are down by 20-30% since last 2-3 months. Looking at the Q3 results, we believe the banks have done good business in the quarter just passed by. Below are the summary of [...]

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