Wipro’s Q4 profit falls 6.3% y-o-y
The IT firm skips revenue guidance for the April-June quarter amid low visibility on future business due to the coronavirus pandemic.
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Maruti Suzuki’s Q3 profit rises 5%
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
ICICI Bank Q3 net surges to ₹4,146 crore
India’s top private sector lender reported a 158% year-on-year increase in profits, aided by a one-time gain from the Essar Steel resolution.
Infosys Q3 profit up 23.7%
The Bengaluru-based IT major has increased its FY20 revenue forecast to 10%-10.5%; company’s board says whistleblower complaints against CEO and CFO “are substantially without merit.”
A tale of India’s loss-heavy banks
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
DHFL’s survival blues
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.
Inside the issue: The Next 500
Catch a sneak peek into our Fortune India Next 500 quarterly special.
Axis Bank net profit rises 83% in Q2
The bank’s fresh NPAs or slippages took a sharp drop, falling 69% year on year to Rs 2,777 crore from Rs 8,936 crore last year.
ICICI Bank Q2: Silver lining in the fine print
The private sector lender saw profit fall nearly 55.8% to Rs 909 crore, but the asset quality picture serves as a redeeming factor.
Tata Steel’s profit more than doubles in Q1
The company’s profit fell short of street estimates, but its outlook for the rest of the year is optimistic.
