Revenue up 5%, net profit up 11% as asset quality improves| Business News

HDFC Bank Ltd. saw its topline grow in the second quarter of the ongoing fiscal as asset quality improved for India’s largest private lender. While HDFC Bank’s asset quality improved, its provisions jumped 30% year-on-year in July-September 2025. (Reuters) Net profit of the Mumbai-based bank rose 11% over the year-ago period to ₹18,641 crore in […]

Infosys narrows annual revenue guidance after 5.2% decline in Q2, profit up 6.4%| Business News

Infosys Ltd. has decided to narrow its annual revenue growth guidance after a more than 5% decline in the second quarter of the ongoing fiscal. Infosys CEO Salil Parekh. Infosys share price fell 0.08% to ₹1,472.75 apiece on the BSE before the quarterly results were announced. (Reuters) Consolidated revenue of India’s second largest IT services […]

Guidance raised for FY26 despite 2.5% decline in Q2 revenue, profit| Business News

Wipro Ltd. has raised its revenue growth guidance for the ongoing fiscal despite a decline in key financial metrics in the second quarter. Wipro CEO Srinivas Pallia during a news conference in Bengaluru. (Bloomberg) Consolidated revenue of India’s fourth largest IT services firm fell 2.5% from the previous three months to ₹22,697 crore in the […]

Net profit up 4.7%, revenue up 4.8% on BFSI, manufacturing boost| Business News

Tech Mahindra Ltd. delivered on its key financials in the fiscal second quarter, aided by strength in its banking and manufacturing verticals, even as impact of US tariffs loomed. Tech Mahindra has announced an interim dividend of ₹15/share. (Reuters) Consolidated revenue of the Mahindra Group company rose 4.8% over the previous three months to ₹13,995 […]

HCLTech becomes first top-tier Indian IT firm to report standalone AI revenue| Business News

HCL Technologies Ltd. has become the first top-tier Indian IT firm to declare AI revenue separately, at a time when larger peer Tata Consultancy Services Ltd. has made known its intensions to become the largest AI-led technology services company globally. HCLTech’s new deal wins crossed the $2.5-billion mark in July-September 2025 without any mega deals. […]