Oracle Financial Q4 profit jumps 38%, margin expands; ₹270 dividend declared

Oracle Financial Q4 profit jumps 38%, margin expands; ₹270 dividend declared

Oracle Financial Services Software reported a strong March quarter, with profit and operating performance improving sharply, supported by steady revenue growth and continued traction in its products business. Net profit rose 38.1% sequentially to ₹841.7 crore, while revenue increased 5.1% to ₹2,065.2 crore. EBIT grew 29.5% to ₹1,040.9 crore, with margins expanding to 51.2% from…

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L&T Tech Q4 misses Street estimates, margin improves; ₹40 dividend declared

L&T Tech Q4 misses Street estimates, margin improves; ₹40 dividend declared

L&T Technology Services reported a mixed set of numbers for the March quarter on Wednesday, with revenue and profit missing Street estimates even as margins showed sequential improvement. Net profit came in at ₹332.1 crore, below the CNBC-TV18 poll estimate of ₹359.5 crore, while revenue stood at ₹2,857.9 crore against expectations of ₹3,011 crore. In…

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Trent share price target cut by HSBC but sees Zudio-led growth to sustain

Trent Q4 profit, margins jump; board clears 1:2 bonus and equity raise

Trent delivered a strong March quarter performance, announced after market hours on Wednesday and sweetened the outcome with a 1:2 bonus issue. The Tata Group retailer’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) surged 42.3% YoY to ₹927.8 crore, comfortably beating the CNBC-TV18 poll estimate of ₹848 crore. Margins also expanded sharply to 18.5%…

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