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September 2016 quarter News
September 2016 quarter
TCS Q2 result: Shares drop over 1%; What to expect?
Thu, Oct 13, 2016
TCS is estimated to report 2.4% growth in c/c and cross-currency impact of 90 bps. Also, cross-currency headwind from 13% exposure to GBP (depreciated 8.5% versus US$) will be partly offset by about 4% exposure to Japanese yen (appreciated 5% versus US$).
IndusInd Bank Q2 net profit at Rs 704 crore; contingencies up 35%
Wed, Oct 12, 2016
IndusInd Bank’s net profit for the second quarter ended September 30, 2016 (Q2FY17) stood at Rs 704.26 crore, registering growth of 25.75% year-on-year (yoy) basis and 6.48% quarter-on-quarter (qoq).
Festive demand, Pay Commission to boost auto sector's second quarter numbers
Tue, Oct 11, 2016
Hitesh Goel and Nishit Jalan analyst of Kotak Institutional Equities said, “We expect a strong quarter for automobile companies in our coverage universe led by strong demand as manufacturers push inventory ahead of the festive season.”