Many companies, including Reliance Industries and Bajaj Auto, have already announced their Q2 results, providing insights into their financial performance. Today, the following companies are set to announce their Q2 earnings:
Nifty Results Today:
- Infosys
- Wipro
- Axis Bank
- Nestle India
Broader Market Results Today:
- CEAT
- Havells
- Polycab
- Tata Chemicals
Infosys:
India’s second-largest software exporter, Infosys, is expected to report healthy Q2 numbers today. The company is likely to benefit from a ramp-up of mega-deals and continued demand growth in the financial services segment. Analysts project a 5% year-on-year rise in net sales and over 3% quarter-on-quarter growth in constant currency (CC) revenue. Profit after tax (PAT) is expected to increase by 11% year-on-year, based on the average estimates from five brokerages. Infosys is also anticipated to revise its guidance upwards for FY25 to 4-5% in CC terms, from the previous 3-4% growth forecast.
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