Physical Address
Bengaluru, Karnataka
Physical Address
Bengaluru, Karnataka
Let's make informed investment choices
Let's make informed investment choices

Major IT companies reported mixed Q4FY25 results; revenue growth accompanied by PAT declines. Concerns over US tariffs impact order placements. TCS and Wipro showed strong revenue but inconsistent profitability. Infosys struggled with declining PAT, while HCL and Tech Mahindra improved margins. Overall, reduced hiring reflects industry challenges ahead. This article documents the performance of IT companies in Q4FY25.

Indian markets experienced a downturn during a shortened week due to Holi, with key indices and global markets declining. The seven most valuable stocks in the US markets collectively lost $750 billion, notably with Apple and Nvidia suffering major losses. Monthly performance varies, with several stocks delivering positive returns while IT stocks generally underperformed. IndusInd Bank was this week's biggest loser. This weekly market roundup gives a sneak peek into the performance of stocks this week.

Performance of Companies in the Q3FY25 saw diverse financial results for Indian companies, with notable double-digit growth in Profit After Tax (PAT) for Reliance Industries, TCS, Infosys, and others. The IT, real estate, and pharma sectors thrived, while the steel and cement industries faced significant profit declines due to global demand slowdowns and rising costs.

The stock market was bullish in August 2024, with pharma stocks performing well while IT and ITES stocks had mixed results. Reliance Industries may offer shareholder bonuses. The GDP for April-June 2024 showed 6.7% real and 9.7% nominal growth. Key gainers in various sectors included Protean eGov Technologie, Neuland Laboratories, and Oil India, while some stocks like C.E. Info Systems and Gland Pharma saw declines. A quick look at top 104 market cap stocks.

In July 2024, the bull market continued, with BSE Sensex and Nifty 50 closing higher. A quick look at the performance of stocks of top 100 companies tells us that the top gainers included Rail Vikas Nigam Limited and IDBI Bank. Reliance and IT companies reported mixed earnings. Auto and pharma stocks performed well, while Macrotech Developers and Vodafone Idea were among the top losers. The overall market remains bullish, with positive numbers across sectors.

The market has been enthusiastic about the performance of IT companies in Q1FY25, especially after TCS's results. Companies with high revenue growth in Q1FY25 include Netweb Technologies, Ksolves India, and Aurionpro Solutions. KPIT Technologies saw a 24.33% revenue growth and a healthy PAT of ₹204.16 crores. However, companies like Wipro and Tech Mahindra disappointed the market.

The market has seen broad-based growth, with all sectors participating in the rally. Key gainers with market capitalization of ₹1,000 crore or more include Kellton Tech, Mukka Proteins, and RVNL. IT, energy, and manufacturing companies have shown positive stock performance, with IT seeing a notable turnaround and ONGC, ITC, and HUL providing strong returns.

TCS financial results for Q1FY24 were declared on 11th July 2024. The company reported good numbers which met the expectations of the analysts. The company also declared an interim dividend of ₹10 per Equity Share. The company added 3 new $100+ million customers and also added more than 5000 new customers to the workforce.

In June 2024, most stocks across sectors surged, with Reliance and HDFC Bank posting significant gains. IT stocks like Infosys, HCL Tech, and Zomato showed robust momentum, while Engineering stocks like Siemens also performed well. However, Adani stocks saw negative returns. The market is now watching for the impact of the upcoming full budget presentation.