IndiQube Q3 profit jumps 214% YoY to Rs 40 crore; revenue increased by 45% to Rs 395 crore

Managed workplace solutions provider IndiQube Spaces Ltd reported a sharp rise in profitability in the December quarter, with profit after tax (PAT) rising 214% year-on-year to ₹40 crore, driven by strong corporate demand, rising occupancy and expansion into new markets.The company also posted its highest ever quarterly revenue of ₹395 crore in the third quarter […]

IOC Q3 results: Profit rises over 4x YoY to Rs 12,126 crore; turnover increases 7%

Indian Oil Corporation (IOC) reported a sharp recovery in profits for the December quarter, with profit after tax more than quadrupling year-on-year, helped by stronger refining margins and better operating performance. The state-owned oil marketing company posted a profit after tax of Rs 12,126 crore in Q3-26, compared to Rs 2,874 crore in the same […]

Infosys ADRs fall 2% as Q3 earnings decline and margin pressure offset guidance upgrade

Infosys’ ADRs fell nearly 2% on Wednesday after the company reported its December quarter results, as investors weighed a modest profit decline and margin pressure against stronger revenue performance and an upward revision to full-year growth expectations.India’s second-largest IT services company reported a consolidated net profit of Rs 6,654 crore for the third quarter, down […]

The IT earnings season for the third quarter is off to a strong start, as TCS and HCL Tech estimate highly

ET Intelligence Group: The third quarter earnings season for the IT sector has started on a positive note with each of the top two software exporters, including Tata Consulting Services (TCS) and HCL Technologies (HCL Tech), reporting better-than-expected revenue and profit figures for a historically weak quarter due to festive season. While each of them […]