Newsquawk Logo

PRE-MARKET INDIAN STOCKS NEWS: Earnings from Infosys, LTN

Importance
Level 1

India

Adani Energy Solutions Ltd. (ADANIENS IS) - Co. Q4 (INR) net rose 5.66% Y/Y to 6.84bln, rev. rose 16.8% Y/Y to 74.43bln. (Moneycontrol)

Cyient Ltd. (CYL IS) - Co. Q4 (INR) net fell 64.9% Y/Y to 0.66bln, rev. rose 0.92% Y/Y to 19.27bln. (Moneycontrol)

HDFC Bank Ltd. (HDFCB IS) - Co. has advised customers not to use credit, debit or forex cards to purchase stocks, set up companies or acquire property abroad. (Economic Times)

Indian Energy Exchange Ltd. (IEX IS) - Co. Q4 (INR) net rose 10.8% Y/Y to 1.30bln, rev. rose 22.5% Y/Y to 1.74bln. (Moneycontrol)

Infosys Ltd. (INFO IS) - Co. Q4 (INR) net rose 20.9% Y/Y to 85.01bln, rev. rose 13.4% Y/Y to 464.02bln and guidance sees FY27 revenue growth of 1.5-3.5% in constant currency and operating margin of 20-22%. (Moneycontrol)

LTM Ltd. (LTM IS) - Co. Q4 (INR) net rose 22.9% Y/Y to 13.87bln, rev. rose 15.6% Y/Y to 112.92bln. (Moneycontrol)

Star Cement Ltd. (STRCEM IS) - Co.’s subsidiary Star Cement North East acquired 100% stake in Jaitaran Renewable Power. (Moneycontrol)

Sun Pharmaceutical Industries Ltd. (SUNP IS) - Co. is preparing a USD 13bln bid for Organon & Co. to expand its global branded and innovative medicines business. (Economic Times)

UTI Asset Management Company Ltd. (UTIAM IS) - Co. Q4 (INR) net was a loss of 0.51bln (prev. profit Y/Y), rev. rose 3.8% Y/Y to 3.90bln. (Moneycontrol)