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2 min read | Updated on July 13, 2024, 07:58 IST
SUMMARY
Q1 results today: Excel Industries, Mishtann Foods, Plastiblends India, Geojit Financial Services and Space Incubatrics Technologies are some of the other notable companies set to declare their quarterly earnings on July 13.
Stock list
The Q1 earnings season commenced in the second week of July
The earnings season is underway, and a slew of listed entities are scheduled to post their results for the first quarter of fiscal year 2024-25 (Q1 FY25) on Saturday, July 13.
On Friday, two of the widely tracked companies -- HCL Technologies and Indian Renewable Energy Development Agency (IREDA) -- posted their results for the quarter ended June 2024.
HCL Tech's consolidated net profit during the period jumped 20.4% year-on-year to ₹4,257 crore, whereas the revenue came in at ₹28,057 crore, up 6.6% as compared to the year-ago period. The IT major also declared a dividend of ₹12 per equity share.
IREDA posted a net profit of ₹383.69 crore for the June 2024 quarter, up 30% as against the year-ago period. The revenue from operations rose to ₹1,510.71 crore from ₹1,143.50 crore in the June 2023 quarter.
Earlier this week, IT bellwether Tata Consultancy Services (TCS) also posted its results for Q1 FY25. The company's net profit increased 8.7% year-on-year to ₹12,040 crore. The revenue from operations rose to ₹62,613 as against ₹59,381 crore in Q1 FY24.
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