Q3 results today: HDFC AMC, Network18, Shoppers Stop, Benares Hotels, others to announce earnings; check list

Q3 results on January 14; check list

• Benares Hotels Ltd
• Atishay Ltd
• Golakunda Diamonds & Jewellery Ltd
• Hathway Cable & Datacom Ltd
• Network18 Media & Investments Ltd
• HDFC Asset Management Company Ltd
• Shoppers Stop Ltd
• Sayaji Hotels (Pune) Ltd
• SRM Energy Ltd
• Sita Enterprises Ltd
• Swastik Safe Deposit & Investments Ltd

Other key results expected this week include HDFC Life Insurance Company, Axis Bank, LTIMindtree, Reliance Industries, Lombard General Insurance Company, Jio Financial Services, Tech Mahindra, and Kotak Mahindra Bank.

HCLTech Q3 profit climbs 5.5% to ₹4,591 crore

Information technology company HCL Technologies posted a 5.54% surge in its consolidated profit after tax (PAT) to ₹4,591 crore for the latest December quarter, compared to ₹4,350 crore a year ago.

The company raised the lower end of its growth guidance to 4.5%-5%, from 3.5%-5% earlier.

Revenue from operations increased 5.07% to ₹29,890 crore in the reporting quarter against ₹28,446 crore in the corresponding period last year.

C Vijayakumar, the managing director and chief executive officer of HCLTech, said the growth was backed by broad-based performance across business lines as the firm's clients across verticals and geographies "reaffirm their confidence in our digital and AI offerings".

"We are positioning ourselves for a future that is transformative, with AI empowering businesses and employees. We continue to see growing demand for our AI-led propositions across services and software offerings," he said.