HighNeutral
Announced Thu, 16 Jul · 12:38 IST
Q1 Results Earnings Live Updates: Wipro, Tech Mahindra, Jio Financial among 41 firms to report June quarter earnings today
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Around 41 companies including Wipro, Tech Mahindra and Jio Financial Services are set to report June quarter earnings today, with overall corporate earnings expected to grow about 10% — the strongest expansion in four quarters. Mixed early results show DB Corp posting a 24.1% YoY rise in net profit to Rs 100 crore with an interim dividend of Rs 5 per share, HDB Financial Services reporting a 38% profit jump to Rs 785 crore (sending shares up 4.5%), and Jana Small Finance Bank logging a 52% profit rise to Rs 155 crore. Brokerages expect Wipro revenue to rise 12% YoY while Tech Mahindra posts modest 1% sequential growth in constant currency, with margins likely improving on cost optimisation.