Reliance Industries, Ashok Leyland, Atul, Aditya Vision, CreditAccess Grameen, Dodla Diary, Glenmark Lifesciences, GNA Axles, HDFC Life Insurance Company, Hindustan Zinc, JSW Steel, Kabra Extrusiontechnik, PNB Gilts, Rajratan Global Wire, Ramkrishna Forgings, Tejas Networks, Ultratech Cement, Wendt (India)

Infosys Q1 FY24 (Consolidated, QoQ)

• Revenue up 1.3% to Rs 37,933 crore. (Bloomberg estimate: Rs 37,843.3 crore).

• EBIT flat at Rs 7,891 crore. (Bloomberg estimate: Rs 7,907.7 crore)

• Margin 20.80% vs. 21.03 (Bloomberg estimate: 20.9%)

• Net Profit: Rs 5,945 crore. (Bloomberg estimate: Rs 6,245 crore)

• Revises decrease FY24 income steering to 1.0–3.5% from the 4-7% estimated earlier.

Hindustan Unilever Q1 FY24 (Consolidated, YoY)

• Revenue up 6% at Rs 15496 crore. (Bloomberg Estimate: Rs 15,491 crore).

• Ebitda is up 8% at Rs 3665 crore. (Bloomberg Estimate: Rs 3,645.86 crore).

• Margins at 23.7% vs. 23.3% (Bloomberg Estimate: 23.5%)

• Net revenue up 7% at Rs 2554 crore. (Bloomberg Estimate: Rs 2,593.5 crore).

Persistent Systems Q1 FY24 (Consolidated, QoQ)

• Revenue flat at Rs 2,321.1 crore vs. Rs 2,254.4 crore (Bloomberg estimate: Rs 2,328.8 crore).

• EBIT fell 14% to Rs 298 crore vs. Rs 346.6 crore (Bloomberg estimate: Rs 358 crore).

• Margin 12.83% vs. 15.37% (Bloomberg estimate: 15.37%)

• Net Profit fell 9% to Rs 228.7 crore vs. Rs 251.5 crore (Bloomberg estimate: Rs 272 crore).

United Spirits Q1 FY24 (Consolidated, YoY)

• Revenue up 10% at Rs 2,667.8 crore vs. Rs 2,419.1 crore.

• Ebitda up 92% at Rs 713.50 crore vs. Rs 372.3 crore.

• EBITDA margin 26.7% vs. 15.3%

• Net revenue up 83% at Rs 476.7 crore vs. Rs 261.1 crore.

Union Bank of India Q1FY24 (Standalone)

• Net curiosity earnings up 16.5% to Rs 8839 crore. (YoY).

• Net Profit doubles at Rs 3236 crore vs. Rs 1558 crore (YoY) (Bloomberg estimate: 2,343 crore)

• GNPA: 7.34% vs. 7.53% (QoQ)

• NNPA: 1.58% vs. 1.70% (QoQ)

ICICI Securities Q1 FY24 (Standalone, YoY)

• Revenue up 18% to Rs 934.31 crore. (Bloomberg estimate: Rs 950.3 crore).

• Net curiosity earnings up 17% to Rs 749.7 crore.

• Net revenue down 1% to Rs 270.84 crore. (Bloomberg estimate: Rs 278.8 crore).

Mphasis Q1 FY24 (Consolidated, QoQ)

• Revenue fell 3% to Rs 3,252 crore. (Bloomberg estimate: Rs 3,362 crore).

• EBIT fell 3% to Rs 500 crore from Rs 515.27 crore.

• EBIT margin flat at 15.3%.

• Net revenue fell 2% to Rs 396.05 crore vs. Rs 405.3 crore (Bloomberg estimate: 403 crore).

Dalmia Bharat Q1 FY24 (Consolidated, YoY)

• Revenue up 10% at Rs 3,624 crore vs. Rs 3,302 crore (Bloomberg estimate: Rs 3,693 crore).

• Ebitda up 4% at Rs 610 crore vs. Rs 586 crore (Bloomberg estimate: Rs 657.6 crore).

• Ebitda margin 16.8% vs. 17.7% (Bloomberg estimate: 17.8%)

• Net revenue fell 30% to Rs 144 crore vs. Rs 205 crore (Bloomberg estimate: Rs 240 crore).

HMT Q1 FY24 (Consolidated, YoY)

• Revenue up 31% to Rs 108 crore vs. Rs 82 crore.

• Ebitda lack of Rs 29 crore vs. Rs 47.6 crore

• Net lack of Rs 33.5 crore vs. a internet revenue of Rs 635.12 crore

India MART lnterMESH (Consolidated, YoY)

• Revenues up 25.65% at Rs 282.1 crore vs. Rs 224.5 crore.

• Net revenue up 77.9% at Rs 83.1 crore vs. Rs 46.69 crore.

• Ebitda up 20.59% at Rs 77.35 crore vs. Rs 64.14 crore.

• Margins at 27.41% vs. 28.57%

Coforge (Consolidated, QoQ)

• Revenue up 2.4% at Rs 2221 crore vs. Rs 2170 crore.

• EBIT up 2.9% at Rs 230.3 crore vs. Rs 223.8 crore.

• Margins at 10.4% vs. 10.3%

• Net revenue up 44% at Rs 165.3 crore vs. Rs 114.8 crore.

Tanla Platforms Q1 FY23 (Consolidated, YoY)

• Revenue up 14% to Rs 911 crore vs. Rs 800 crore.

• Ebitda up 39% to Rs 182.22 crore vs. Rs 130.7 crore.

• Ebitda margin 20% vs. 16.3%

• Net revenue up 35% to Rs 135.4 crore vs. Rs 100.41 crore.

360 One Wam Q1 FY24 (Consolidated, YoY)

• Revenue up 19% to Rs 558.96 crore vs. Rs 471.12 crore (Bloomberg estimate: Rs 420.8 crore).

• NII up 17% to Rs 448.35 crore vs. Rs 283.56 crore.

• Net revenue up 17% to Rs 183.58 crore vs. Rs 156.58 crore (Bloomberg estimate: Rs 176 crore).

Utkarsh Small Finance Bank: The financial institution will checklist on the Indian bourses at this time after its preliminary public providing was subscribed 101.91 occasions. Utkarsh Small Finance Bank has proposed to utilise the online proceeds from the IPO in the direction of augmenting its tier-1 capital base with the intention to meet its future capital necessities.

Asian markets are poised for a cautious open as U.S. equities and Treasuries fell after disappointing tech earnings and recent indicators of labor-market resiliency that might assist one other hike in rates of interest this 12 months.

Equity futures for Japan and Hong Kong posted small losses, whereas contracts for Australia and the U.S. have been little modified. The Nasdaq 100 scored its greatest drop in practically 5 months, as Netflix Inc. fell on a disappointing income forecast and Tesla Inc. declined after profitability shrank within the second quarter, Bloomberg reported

Meanwhile, an sudden pullback in weekly preliminary jobless claims prompted merchants to cost in larger odds of a quarter- level fee hike past the Federal Reserve’s assembly subsequent week.

The S&P 500 additionally declined 0.68% amid an sudden fall in weekly preliminary jobless claims. Meanwhile, oil rose and gold futures fell.

Brent crude was under $80 a barrel and West Texas Intermediate was across the $75-mark. The yield on the 10-year U.S. bond was buying and selling at 3.85%, whereas Bitcoin was under $30,000 stage.

At 7:41 a.m., the GIFT Nifty, an early indicator of the Nifty 50 Index’s efficiency in India was buying and selling up 0.08% at 19,874.

Back house, benchmark inventory indices superior for the sixth day to finish a file shut on Thursday. The Nifty 50 index closed 21 factors away from the 20,000 mark, whereas the Sensex rose above the 67,600 stage.

The native forex strengthened 10 paise to shut at Rs 81.99 towards the united statesdollar on Thursday.

Overseas traders in Indian equities remained internet consumers for the sixth day in a row on Thursday. Foreign portfolio traders purchased shares value Rs 3,370.9 crore, and home institutional traders remained internet sellers and offloaded shares value Rs 193 crore.