Watch: Which 3 things should you watch out for in banks’ Q3 results?
HDFC Bank is set to start with the banking pack’s Q3 earnings. Analysts forecast a muted growth in profits amid marginal increase in NII. Here’s a report on the sector’s December quarter earnings.
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Wipro: IT major Wipro has forecast a muted sequential revenue growth of -1.5 per cent to 0.5 per cent in constant currency for the fourth quarter ended March 2024 as deal ramp ups and client decision making are yet to gain pace.
It posted a net profit of Rs 2,700 crore for the third quarter ended December 2023, down 12 per cent from a year ago but up 1.2 per cent quarter-on-quarter. The American Depository Receipts (ADRs) of Wipro jumped 17 per cent on the New York Stock Exchange (NYSE) on January 12 as the company’s third quarter results were in line with expectations.
HCL Technologies: The company’s revenue for the quarter grew 6.5 per cent year-on-year to Rs 28,446 crore, and 6.7 per cent on a quarter-on-quarter basis.
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