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Federal Bank Q3 profit jumps 54% to Rs 804 cr

Federal Bank Q3 profit jumps 54% to Rs 804 cr

Private sector lender Federal Bank on Monday posted a 54 per cent rise in its profit at Rs 804 crore in the third quarter ended December 2022, on higher net interest income and improved asset quality. The bank had posted a net profit of Rs 522 crore in the same quarter a year ago. The [...]
Wipro Q3 Results: Consolidated Net profit rises 2.8% YoY

Wipro Q3 Results: Consolidated Net profit rises 2.8% YoY

Wipro Ltd on Friday posted 2.8 per cent year-on-year rise in its consolidated net profit for December quarter, at about Rs 3,053 crore. The net profit stood at Rs 2,969 crore in the year-ago period. Revenue of the Bengaluru-headquartered IT company came in at Rs 23,229 crore in Q3FY23, 14.3 per cent higher than the [...]
HCL Tech Q3 net profit rises 19% to Rs 4,096 crore

HCL Tech Q3 net profit rises 19% to Rs 4,096 crore

IT company HCL Tech on Thursday reported a 19 per cent increase in the consolidated net income to Rs 4,096 crore for the third quarter ended December 31, 2022 driven by growth in services revenue. It had posted a net income of Rs 3,442 crore a year ago, the company said. The company has for [...]
Infosys Q3 Results: Net profit up 13.4%, beats estimates

Infosys Q3 Results: Net profit up 13.4%, beats estimates

Infosys on Thursday posted a 13.4 per cent year-on-year increase in consolidated net profit at ₹ 6,586 crore for the December quarter as against ₹ 5809 crores (after minority interest) in the corresponding quarter last year.  The Bengaluru-based IT firm logged a 20 per cent year-on-year increase in consolidated revenue in the third quarter of [...]