MARKETS NEWS WIPRO Q4 RESULTS
Groww Q4 Results: Profit soars 122% YoY to Rs 686 crore, cashing in on market crash and Iran war
Groww Q4 Results: Groww's parent company, Billionbrains Garage Ventures, announced a significant 122% year-on-year profit increase to Rs 686 crore for the March quarter. Revenue also surged 87% to Rs 1,505 crore. This strong performance was fueled by user growth and increased trading activity, especially in derivatives. Customer assets on the platform grew substantially, demonstrating continued investor confidence and platform engagement.
Trent shares jump 4% ahead of board meet to consider bonus issue on April 22
Shares of Trent Limited rose 4% ahead of its April 22 board meeting to consider a bonus issue, dividend and fundraising plans. Investors remain cautious as analysts flag margin pressure and store overexpansion concerns, even as revenue growth stays healthy and the retailer continues expanding its store network.
HCL Tech Q4 Preview: Will growth surprise investors after weak Wipro earnings?
HCL Technologies is poised for a mixed March quarter, anticipating steady year-on-year growth but a sequential dip due to software seasonality and rising costs. While revenue is projected to climb annually, a slight quarterly decline is expected. Margins may face pressure from wage hikes and restructuring. Investors await insights on future guidance and AI's impact.
Wipro’s Rs 15,000 crore share buyback: Should you participate or avoid?
Wipro announced its largest-ever share buyback of Rs 15,000 crore at a 19% premium, despite lackluster Q4 earnings. The IT major's board approved buying back up to 60 crore shares via tender route. Promoters intend to participate, potentially impacting the acceptance ratio for public investors.
HDFC Bank shares fall over 1% after Q4. Jefferies, Bernstein, 3 other brokerage weigh in
HDFC Bank's shares dipped despite a 9% net profit rise to Rs 19,221 crore for the March quarter. While interest income saw a slight decline, return on assets improved. Analysts largely maintain buy or outperform ratings, citing strong deposit growth, resilient margins, and attractive valuations, though some caution on near-term growth acceleration.
ICICI Bank shares rise 2% after Q4 results. What Jefferies, Bernstein and other brokerages are saying
Brokerages remain bullish on ICICI Bank after a strong quarter, citing stable margins, healthy loan growth and improving asset quality. Motilal Oswal, Elara Capital and JM Financial maintained buy ratings, with target prices up to Rs 1,783. They expect steady returns, strong buffers and consistent execution to support premium valuations and earnings growth over FY27-28.
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Stocks in news: HDFC Bank, ICICI Bank, RIL, Trent, Jio Financial
Indian markets are set for a dynamic start today. Investors will closely watch the Q4 results from banking giants HDFC Bank and ICICI Bank. Reliance Industries and Jio Financial also released their earnings. Trent's board will consider a bonus issue and dividend. Geopolitical events will also influence trading. Lupin received observations from USFDA.
Network18 Q4 loss at Rs 29.61 crore, revenue up 9.7% to Rs 615.78 cr
Network18 Media & Investments reported a consolidated net loss of Rs 29.61 crore for the March quarter, despite a 9.7% rise in operational revenue to Rs 615.78 crore. The company highlighted strong performance in its TV news inventory and digital platforms, offsetting macro headwinds. Chairman Adil Zainulbhai expressed satisfaction with progress and diversification.
ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend
ICICI Bank announced a net profit of Rs 13,702 crore for the fourth quarter of FY26, an 8.5% year-on-year increase. The bank's net interest income also rose by 8.4% to Rs 22,979 crore during the same period, reflecting strong financial performance.
Jio preps May IPO; Wipro slips after results
Jio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
Jio Financial Q4 Results: Cons PAT declines 14% YoY to Rs 272 crore despite 106% surge in revenue
Jio Financial Q4 Results: Jio Financial Services on Friday reported a 14% year-on-year decline in its consolidated net profit for the quarter ended March 31, 2026 at Rs 272 crore compared to Rs 316 crore in the year ago period even as revenue surged 106% to Rs 1,019 crore.
Wipro CEO Srini Pallia says market is highly competitive, highlights firm's robust pipeline, AI adoption
Wipro's CEO Srini Pallia remains confident about the company's strong project pipeline. He indicates that ongoing global trade disruptions and tariff changes are not significantly impacting Wipro's business. While some specific client issues were noted in the American market, Pallia believes these will be managed. The company is focusing on leveraging AI for new projects and client solutions.
Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback. Revenue rose 8% YoY, but the core IT services business remained sluggish with minimal growth, reflecting weak demand. Margins also edged lower, signaling ongoing cost pressures, even as profit improved on a sequential basis.
Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%
Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consultancy Services, as geopolitical uncertainties, AI-led disruptions and slow deal ramp-ups weigh on its performance
India’s agentic boom tests regulators; Qcomm growth hits brakes
Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch.
TCS declares Nashik WFH; Wipro Q4 results
Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ETtech Top 5.
HDFC Life Q4 Results: HDFC Bank to increase stake in the company as profit rises 4% YoY
HDFC Life Insurance will issue shares worth one thousand crore rupees to promoter HDFC Bank. This move aims to strengthen the insurer's solvency and support future growth. The company reported a modest profit rise in the March quarter. Net premium income also saw an increase. The board recommended a final dividend for FY26.
Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to know
Wipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over the last closing price. This marks the company's first buyback in over three years, involving up to 60 crore shares, representing 5.7% of its paid-up capital. Promoters have indicated their intention to participate in the tender route buyback.
Wipro Q4 Results: Profit falls 2% YoY to Rs 3,502 crore; revenue rises 8%
Wipro Q4 Results: Wipro's net profit dipped 2% to Rs 3,502 crore in the March quarter, despite an 8% revenue increase to Rs 24,236 crore. The IT services segment saw sluggish growth, with revenue up only 0.6% sequentially. The company announced a significant Rs 15,000 crore share buyback, signaling confidence amidst cost pressures and declining operating margins.
HDFC AMC Q4 Results: Cons profit drops 2% YoY to Rs 623 crore; co declares Rs 54/share dividend
HDFC AMC Q4 Results: HDFC AMC reported a 2% dip in March-quarter net profit to Rs 623 crore, despite a 17% rise in revenue to Rs 1,051 crore. For the full year, profit after tax grew 16% to Rs 2,858 crore. The company recommended a final dividend of Rs 54 per share.
Wipro set to announce buyback today: What to expect
Wipro shares are in focus today as the IT giant prepares to unveil its January-March quarter results for FY26, alongside its first share buyback in over five years. Analysts anticipate steady revenue but a dip in profitability due to wage hikes and acquisition costs. Investors will be watching for details on the buyback and the company's outlook for FY27.
HDB Financial Q4 Results: Profit jumps 41% YoY to Rs 751 crore; co declares Rs 2 per share dividend
HDB Financial Q4 Results: HDB Financial on Wednesday reported a 41% year-on-year spike in its Q4 profit at Rs 751 crore from Rs 531 crore a year earlier. Alongside the results, the NBFC's Board also cleared a debt fundraising plan of Rs 32,825 crore.
Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?
Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-related costs and subdued discretionary spending. Sequential growth remains muted despite acquisition support, while BFSI shows resilience, and healthcare remains weak. Investors will closely track margins, deal pipeline and AI outlook.
ICICI Pru Life Q4 Results: Profit jumps 58% YoY to Rs 609 crore; premium growth steady
ICICI Prudential Life Insurance reported a 58% jump in March-quarter profit to Rs 609 crore, while FY26 profit rose 35% to Rs 1,600 crore. Premium growth remained strong, led by one-time policies. The insurer expects retail demand to benefit from tax cuts, though market-linked product demand may stay subdued amid ongoing volatility in equity markets.
Wipro slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?
Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company's upcoming Q4 results and potential share buyback will be key triggers.
Buy, Sell or Hold: Goldman Sachs backs TCS, Morgan Stanley stays underweight on Wipro
Brokerages remain divided on frontline stocks, balancing near-term triggers with medium-term growth concerns. Morgan Stanley stays overweight on JSW Steel, citing a constructive outlook despite operational hiccups, while remaining cautious on Wipro due to weak growth visibility. Goldman Sachs maintains a buy on TCS, supported by strong deal wins, though it flags muted revenue momentum and limited clarity on FY27 growth prospects.
TCS Q4 FY26 Results: Profit jumps 12% YoY to Rs 13,718 crore; revenue rises 10%
TCS Q4 Results 2026: Tata Consultancy Services announced a 12% year-on-year increase in its consolidated net profit, reaching Rs 13,718 crore for the fourth quarter. The IT services giant also reported a 10% YoY revenue growth to Rs 70,698 crore, bolstered by three mega deals worth $12 billion. The company declared a final dividend of Rs 31 per share.
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