TCS Q3 FY2024 Results Highlights:
π Revenue: βΉ63,973 Cr, YoY growth of 5.6%.
πΌ Net Profit: βΉ12,444 Cr, up 12.1% YoY.
π‘ Key Segments: BFSI continues to lead with βΉ23,481 Cr revenue.
π° Special Dividend: βΉ66/share + βΉ10/share interim dividend. Payment by Feb 3, 2025.
TCS demonstrates steady growth across sectors with strong profit margins and consistent dividends. A robust performance in challenging market conditions!
π Revenue: βΉ63,973 Cr, YoY growth of 5.6%.
πΌ Net Profit: βΉ12,444 Cr, up 12.1% YoY.
π‘ Key Segments: BFSI continues to lead with βΉ23,481 Cr revenue.
π° Special Dividend: βΉ66/share + βΉ10/share interim dividend. Payment by Feb 3, 2025.
TCS demonstrates steady growth across sectors with strong profit margins and consistent dividends. A robust performance in challenging market conditions!
Tata Elxsi Q3 FY25 Results Highlights:
π Revenue from Operations: βΉ939.2 Cr, YoY growth of 2.7%.
πΌ EBITDA: βΉ246.6 Cr, with a margin of 26.3%.
π¦ Profit Before Tax (PBT): βΉ255.8 Cr, PBT margin at 26.1%.
π Profit After Tax (PAT): βΉ199.0 Cr, PAT margin at 20.3%.
π‘ Segment Insights: Strong YoY revenue growth in India (21.9%), Japan, and emerging markets (66.8%).
CEO Commentary:
Manoj Raghavan, CEO and MD, emphasized steady performance despite challenges in the global automotive industry. He highlighted:
A new Offshore Development Centre for Suzuki Corporation, supporting Connected, Autonomous, and Electric vehicle technologies.
The launch of the AVENIR SDV Software Suite at CES 2025, in partnership with Qualcomm.
Growth in Healthcare & Lifesciences (1.1% QoQ) and a new multi-year deal in the Media & Communications sector with a US-based MSO.
Despite volatility, Tata Elxsi is positioned for growth with a robust deal pipeline and strategic focus on innovation and emerging markets.
π Revenue from Operations: βΉ939.2 Cr, YoY growth of 2.7%.
πΌ EBITDA: βΉ246.6 Cr, with a margin of 26.3%.
π¦ Profit Before Tax (PBT): βΉ255.8 Cr, PBT margin at 26.1%.
π Profit After Tax (PAT): βΉ199.0 Cr, PAT margin at 20.3%.
π‘ Segment Insights: Strong YoY revenue growth in India (21.9%), Japan, and emerging markets (66.8%).
CEO Commentary:
Manoj Raghavan, CEO and MD, emphasized steady performance despite challenges in the global automotive industry. He highlighted:
A new Offshore Development Centre for Suzuki Corporation, supporting Connected, Autonomous, and Electric vehicle technologies.
The launch of the AVENIR SDV Software Suite at CES 2025, in partnership with Qualcomm.
Growth in Healthcare & Lifesciences (1.1% QoQ) and a new multi-year deal in the Media & Communications sector with a US-based MSO.
Despite volatility, Tata Elxsi is positioned for growth with a robust deal pipeline and strategic focus on innovation and emerging markets.
Nifty Sustained the Zone Levels for the Day and tried to bounce back from there. Lets Hope for Positive Day tomorrow. πΌ π
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IREDA Q3 FY2025 Results Highlights:
π Revenue: βΉ1,698.99 Cr (Street Estimate: βΉ1,670 Cr), YoY growth of 35.6%.
πΌ Net Profit: βΉ425.37 Cr (Street Estimate: βΉ415 Cr), YoY growth of 26.8%.
π Operating Margin: 30.42% vs 33.72% in Q3FY24.
π‘ Net NPA Ratio: 1.50% vs 1.52% in Q3FY24, reflecting stable asset quality.
Key Insights:
Strong revenue and profit growth driven by higher interest income and efficient operations.
Margins slightly compressed due to increased financing costs, but asset quality remains robust.
Continued focus on renewable energy financing with strategic initiatives like the new subsidiary at GIFT City.
IREDAβs results reflect a strong operational performance in the renewable financing sector, meeting or exceeding street expectations in key metrics.
π Revenue: βΉ1,698.99 Cr (Street Estimate: βΉ1,670 Cr), YoY growth of 35.6%.
πΌ Net Profit: βΉ425.37 Cr (Street Estimate: βΉ415 Cr), YoY growth of 26.8%.
π Operating Margin: 30.42% vs 33.72% in Q3FY24.
π‘ Net NPA Ratio: 1.50% vs 1.52% in Q3FY24, reflecting stable asset quality.
Key Insights:
Strong revenue and profit growth driven by higher interest income and efficient operations.
Margins slightly compressed due to increased financing costs, but asset quality remains robust.
Continued focus on renewable energy financing with strategic initiatives like the new subsidiary at GIFT City.
IREDAβs results reflect a strong operational performance in the renewable financing sector, meeting or exceeding street expectations in key metrics.
π’ Adani Wilmar OFS: Promoter Adani Commodities to sell up to 20% stake via Offer For Sale on Jan 10 & 13, with a floor price of βΉ275/share. π Base offer is 13.5% equity, with a 6.5% green shoe option for oversubscription. Mutual funds and insurance firms get 25% reservation. ππΌ
TCS up by 4% after results.
AWL -8% down after OFS news.
Tata Elxsi down by -7% after disappointing results
Ireda flat after good results.
AWL -8% down after OFS news.
Tata Elxsi down by -7% after disappointing results
Ireda flat after good results.
Support Broken and almost 6 points down in just 10 mins. Power of Zone Indicator
Hi Everyone, π’ Here's today's Event Calendar (10th Jan 2025):
Shriram Finance Ltd.: Stock split (10:2).
CESC Ltd.: Board meeting for quarterly results & interim dividend.
Just Dial Ltd.: Board meeting for quarterly results.
PCBL Ltd.: Board meeting for quarterly results & interim dividend.
Stay updated and informed!
Shriram Finance Ltd.: Stock split (10:2).
CESC Ltd.: Board meeting for quarterly results & interim dividend.
Just Dial Ltd.: Board meeting for quarterly results.
PCBL Ltd.: Board meeting for quarterly results & interim dividend.
Stay updated and informed!
Daily Market Report 10th Jan 2025.pdf
74.8 KB
The markets remain in correction mode, weighed down by weak earnings, FII selling, and macro concerns. However, sectors like IT and IPOs like Laxmi Dental offer potential opportunities amidst the turbulence.
π’ Key Updates for 15th Jan 2025:
Quarterly Results: HDFC Life, L&T Tech, Oracle, Bank of Maharashtra, CEAT.
Aditya Birla Fashion: Rights & Preferential Issue.
Stay tuned! π
Quarterly Results: HDFC Life, L&T Tech, Oracle, Bank of Maharashtra, CEAT.
Aditya Birla Fashion: Rights & Preferential Issue.
Stay tuned! π