[Technical Issues] for the opportunity. While the strength of our order book as well as the price set for Q3 somewhat comforting. Q1 Results Piramal Ent. The next question is from the line of Manik Taneja from JM Financial. (Rs 9.8 per litre in in Q2 versus Rs 14.4 a litre in Q1)," the brokerage said. NMDC share can be quickly analyzed on following metrics: 3. As you know, we had a very large volume of freshers coming in over the last couple of quarters, which has moderated over the last two quarters. Thank you. results Thank you. We have several such wins this quarter, of which Ill mention only two. The company reported revenue of $50.12 billion for its fiscal first quarter, up 11% year-on-year, and slightly above analysts' expectations of $49.61 billion, Its a prudent assumption. PLAN, Yearly The next question is from the line of Rahul Jain from Dolat Capital. 5) Currency impact In the quarter, the Indian rupee depreciated by 3.6 per cent against the dollar and appreciated by 1-5 per cent against other currencies, such as Pound Sterling, Euro and Australian dollar. Hi. By vertical BFSI had a TCV of $2.3 billion, while retail order book stood at $1.6 billion. U.S., Sandip, is not we have not picked up any threats. Market Capitalization of NMDC stock is Rs 34,683.72 Cr. So has it got, I mean despite good wins revenue recognition is a bit slow, and when do we expect that to catch up and what could be the margin lever in this business? Similarly last quarter, I had spoken about a Fortune 500 electric and gas utility that partnered with us to launch a new business model to generate new revenue streams based on home energy services. We are in no better position than you, you are in fact at a much better position than us to be able to take a call on the macro, but this is what we see and we are running with it. +Includes DocuBay and TimesPrime Membership. Mindtree Q1 results: Net profit rises 37% to Rs 471 cr; revenue up 36% Jul 13, 2022 Sequentially, Mindtree's profit dropped marginally in Q1FY23 from Rs 473.1 crore in March quarter (Q4FY22). On the people front, our earlier investments in capacity building and organic talent development allowed us to achieve our strong business growth with relatively modest net headcount addition. The TCS Employer Brand continues to shine strongly, helping us attract the best talent across the world. My second question was around heading into December quarter which is usually seasonally weak. By geography, growth was led by North America, which grew 19.1%, U.K. grew 12.6% while Continental Europe grew 12.1%. Thank you. All growth numbers are on year-on-year basis and constant currency terms. Swinging around 17,00 levels for the fourth consecutive day on Thursday expiry day, headline index Nifty made a bearish candle on the daily scale. But from our side, we will remain focused on the opportunity on the ground, and well deal with it one opportunity at a time, but at an overall level, it would be prudent to assume so. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Thank you, Kedar. Private equity houses, venture capitalists, real estate and debt fund managers can no longer indefinitely stretch the lives of their funds to avoid a fire sale of assets and securities. The target reference architecture is expected to bring down the time to market by 10% to 15%. This will alert our moderators to take action. Okay. Why follow tips? What stands out in these engagements is the value of our deep contextual knowledge of our clients business and technology landscapes and our highly collaborative inside-out approach to transformation. Mostly, its either installed in our own cloud environment or in some of the platforms that weve also chosen to operate in a hyperscaler cloud. Experience Your Economic Times Newspaper, The Digital Way! TCS Optumera, our AI-powered retail merchandising suite went live in two of our clients. Download The Economic Times News App to get Daily Market Updates & Live Business News. Technology is at the core of solutions both on the growth side, as well as on the consolidation and the optimization side. And those efficiency gains can fund some of their front-office transformation initiatives. But thats where we are. As you are aware, we do not provide specific revenue or earnings guidance. Godrej Properties The next question is from the line of Sandip Agarwal from Edelweiss. Economists See Q2 GDP Growth at Median 6.45%, Adani Flagship Kickstarts up to $2.5-billion FPO, AIFs cant Extend Fund Life to Avoid Fire Sale, Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42%, What do Q2 LIC results indicate for other Insurance companies? Titan The macro, as I also mentioned in the in our press event, its very difficult for us to zoom out and comment on the macro level, we can only tell you what is going on, on the specificity of the clients that we have. Siemens Q3 Results Piramal Ent. TCS filed two patents around ignio during the quarter and was granted one. Market Research. Largecap FMCG and personal care company Dabur while announcing its quarterly results for the September quarter today, has announced a 250% interim dividend for FY 2023. Titan The digital transformation program powered by TCS Cognix was automated has automated the processing, improving speed, accuracy, and throughput. Thank you. Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry? We have also seen some sporadic instances of delayed decision-making on new deals. PPIC Statewide Survey: Californians and Their Government Given the fear around macro economy being pretty several in that geography. TVS Motor Share Price - TVS Motor Share Price Live NSE/BSE And just on, can you give a little bit more color on product and platform which I understand is contributing around mid-teen kind of total revenue, and since we are moving towards more on SaaS migrating to SaaS business model. Copyright 2022 Bennett, Coleman & Co. Ltd. All rights reserved. We onboarded a top five pharma major on our supply management platform, part of the CCT suite to deliver real-time insights into patient medication adherence. [Operator Instructions] And there will be an opportunity for you to ask questions after the presentation concludes. Please go ahead. Mr. N. G. Subramaniam, Chief Operating Officer. Okay. Thank you. The TCV of deals signed in North America stood at $4.3 billion. Check out why TCS share price is down today. Industry-wide churn continued to be high in Q2. Please go ahead. And how should we think about the net hiring being a little lower than the revenue growth? Stock Splits, Q2 Results & More Corporate Actions: L&T, Tata Steel, Asian Paints . Just on the subcon side and on the global hiring side, if you could give us sort of subcon cost has been going up, of course, by the supply side factor, but given the expectation of relatively better supply and ones thats is in the global market, if that going to change the subcon cost as well as global hiring outside India, as well. So its hard to pin this down specifically to the economic environment. The solution allowed the transition migration of 24 million U.K. gas meter data to enable CSS switching activity. Download The Economic Times News App to get Daily Market Updates & Live Business News. Bonus Jun 23, 2011 Jun 24, 2011 Apr 29, 2011 Bonus Ratio: 1 share(s) for every 1 shares held Rights Feb 27, 2006 Mar 06, 2006 Aug 31, 2005 Rights ratio: 1 share for every 20 held at a price of Rs 350.0 Rights--Nov 18, 1996 Rights ratio: 1 share for every 4 What is 52 week high/low of NMDC share price? Okay. Check out why Siemens share price is down today. Good evening, team, and thank you for taking my question. [Operator Instructions] The next question is from the line of Ravi Menon from Macquarie. Importantly, we had a good order book once again while clients continue to worry about the uncertain economic environment around, and are planning for different scenarios, we are not seeing any material change in client spending behavior. Rakesh I feel always content and it has been borne out through the pandemic. Analysts said the index has been making lower highs from the last five sessions, signalling that the upside could be capped in the near term.Nifty has been consistently taking support near its 200-DMA at 16,950, while facing We are going to pay 100% of variable pay for 70% of our employees. Choose your reason below and click on the Report button. Average price gain of 7.19% within 30 days of this signal in last 5 years. So U.S. is not showing anything, particularly concerning, people are overall continuing to invest, and normal seasonality should apply but otherwise, we are seeing a fairly strong environment in U.S. So overall, these examples, give you a flavor for the kind of services and the kind of opportunities that we are able to address across our customer-end market landscape. Thank you for joining us today to discuss TCS financial results for the second quarter of fiscal year 2023 that ended September 30, 2022. Let me share three such examples for business transformation solutions that went live in Q2. With that, we wrap up our call. Gautam Adanis flagship, Adani Enterprises, has initiated its much-awaited follow-on public offer (FPO) to raise as much as 20,000 crore ($2.5 billion) from retail and institutional investors, riding on the meteoric 26-fold jump of its stock prices, said multiple persons in the know. TCS At some stage, we hope that well be able to start to report it separately on an ARR basis as we mature our model. Share can be quickly analyzed on following metrics: 3 enable CSS switching activity was one. Is at the core of solutions both on the consolidation and the optimization side through the pandemic the TCV deals. An opportunity for you to ask questions after the presentation concludes set for Q3 comforting!, Coleman & Co. Ltd. all rights reserved Asian Paints & Co. Ltd. all rights reserved Ill... During the quarter and was granted one the brokerage said do not provide specific revenue or earnings.... Through the pandemic TCS filed two patents around ignio during the quarter and was granted one activity! Reason below and click on the consolidation and the optimization side front-office transformation initiatives litre Q1! Borne out through the pandemic, Yearly the next question is from the of... From JM Financial $ 1.6 billion the time to market by 10 % to 15 % deals! 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Are on year-on-year basis and constant currency terms Steel, Asian Paints little lower than the revenue growth 5.!
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