Q1 results: TCS, Indian Bank, HCL Tech among 13 companies with consistent revenue growth

HCL Technologies, Tata Consultancy Services, LTM, L&T Finance, Indian Bank, Just Dial, Bajaj Consumer Care and Bank of Maharashtra are among the 13 companies on the stock exchanges that have registered a sequential growth in revenue over the last four quarters, data from Ace Equity showed.

Amid the ongoing first quarter earnings season, which has begun on a positive note for equity investors, analysts noted that the companies that have so far reported their numbers have either met or surpassed estimates.

Here are top companies that have posted steady sequential revenue growth over last four quarters:

The company reported revenue of ₹67,087 crore at the end of December quarter and ₹65,799 crore at the end of September quarter of previous financial year.

TCS reported a net profit of ₹13,349 crore in the first quarter of the current financial year, marking an increase of nearly 5% from ₹12,760 crore in the same period last year.

LTM's revenue in December and September quarters of previous financial year stood at ₹10,781 crore and ₹10,394 crore respectively.

The L&T Group firm posted a 16.9% year-on-year (YoY) surge in its consolidated net profit (attributable to the shareholders of the company) to ₹1,466.3 crore in the first quarter of the 2026-27 financial year (Q1 FY27), compared with ₹1,254.1 crore in the year-ago period.

Its USD revenue grew by 6.09% YoY to $1,223.5 million in Q1 FY27, as against $1,153.3 million in the corresponding quarter of FY26.

The bank's interest income in December and September quarters came in at ₹17,102 crore and ₹16,628 crore respectively.

Indian Bank last week reported a net profit of ₹3,273 crore in the first quarter of current financial year, marking an increase of 10% from ₹2,973 crore in the same period last year. The jump in profit came on account of lower provisions for bad loans and improvement in asset quality.

At the end of December and September quarters, its interest income came in at ₹7,344 crore and ₹7,128 crore respectively.

Bank of Maharashtra reported a 27% year-on-year (YoY) surge in its net profit to ₹2,020 crore for the quarter ended June 30, 2026, (Q1 FY27), as compared to ₹1,593 crore seen in the same quarter of the previous fiscal year.

The state-run lender's provisions stood at ₹840 crore for the quarter under review from ₹617 crore in the March quarter period.

The country's third largest IT company clocked revenue of ₹33,872 crore at the end of December quarter and a revenue of ₹31,942 crore at the end of September quarter of the previous financial year.

HCL Tech posted a 20.32% year-on-year (YoY) surge in its consolidated net profit (attributable to the owners of the company) to ₹4,624 crore during the quarter under review, compared with ₹3,843 crore in the June quarter of the 2025-26 fiscal year (Q1 FY26).

Sequentially, its profit rose 3.03% quarter-on-quarter (QoQ) from ₹4,488 crore in the March quarter of FY26.

Eimco Elecon, Bajaj Consumer Care, Arunjyoti Bio Ventures, Just Dial, L&T Finance, Shardul Securities, Shree Steel Wire Ropes and Vivo Bio Tech were also among the companies that saw consistent revenue growth over the last four quarters, data from Ace Equity showed.