Page 35 - Q4 Results
Infosys gains 3%, hits new high as board to consider buyback of shares
The buyback could be worth Rs 10,000 - 12000 crore (around 2 per cent of market cap) at a price of Rs 1650- 1670 per share, a media report said
 "Infosys gains 3%, hits new high as board to consider buyback of shares")
Cyclical sectors are expected to drive March 2020 quarter earnings growth
Bank results are especially eagerly awaited in this quarter. The Supreme Court has lifted its stay order, which means that banks can report NPAs realistically
 "Cyclical sectors are expected to drive March 2020 quarter earnings growth")
Infosys to consider share buyback on April 14, announce FY21 results
IT services giant is slated to hold a board meeting on April 13 and 14 to approve and take on record consolidated financial results for Q4 and for year ended March 31, 2021
 "Infosys to consider share buyback on April 14, announce FY21 results")
South Indian Bank's Q4 deposits dip to Rs 82,710 cr from from Rs 83,034 cr
South Indian Bank's total deposits dipped marginally to Rs 82,710 crore in the January to March quarter from Rs 83,034 crore in the year-ago period
 "South Indian Bank's Q4 deposits dip to Rs 82,710 cr from from Rs 83,034 cr")
What could India Inc's Q4 report card look like? Here's a glimpse
As per some experts, Nifty50 could possibly post the highest earnings growth in a decade in a financial year that was marked by turbulent times in the form of pandemic to lockdowns to GDP contractions
 "What could India Inc's Q4 report card look like? Here's a glimpse")
Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos
TCS Q4 Preview: Analysts expect TCS to report a 9 per cent year-on-year (YoY) growth in revenue (in rupee terms) for the March quarter
 "Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos")
Chart check: How to position yourself ahead of Q4FY21 results season
Led by a surge in prices of metals and energy and a continued better show by lenders, India Inc is expected to report high double-digit growth in revenue
 "Chart check: How to position yourself ahead of Q4FY21 results season")
Near-term growth woes for Titan after strong jewellery-powered Q4
Product mix and salary reinstatement could put pressure on margins
 "Near-term growth woes for Titan after strong jewellery-powered Q4")
Cement stocks rally on strong demand hopes; Shree, JK Cement hit new highs
The cement sector is set to report strong double-digit volume growth during the January-March quarter (Q4FY21) given the low base and sharp recovery in the cement demand
 "Cement stocks rally on strong demand hopes; Shree, JK Cement hit new highs")
HDFC Bank's advances grow 14% YoY in Q4; sequentially up 4.6%
India's largest private sector lender said in a regulatory filing its domestic retail loans in Q4FY21 grew by 7.5% YoY
 "HDFC Bank's advances grow 14% YoY in Q4; sequentially up 4.6%")
Federal Bank's loans grow by 9% growth in FY21, deposits rise by 13 %
Provisional data showed that between early January and March 2021, advances rose Rs 6,696 crore, according to the lender's filing with BSE
 "Federal Bank's loans grow by 9% growth in FY21, deposits rise by 13 %")
Hyundai revises down Q4 operating profit after costly Kona EV recall
The firm was hit by a costly $900 million recall to replace battery systems
 "Hyundai revises down Q4 operating profit after costly Kona EV recall")
Thomson Reuters Corp fourth-quarter revenue, adjusted earnings rise
The news and information company, which owns Reuters News, said revenues rose 2% to $1.62 billion, while its operating profit jumped more than 300% to $956 million
 "Thomson Reuters Corp fourth-quarter revenue, adjusted earnings rise")
ACC consolidated net profit jumps 73% to Rs 472.4 cr in Dec quarter
The company, which follows the January-December financial year cycle, had posted a net profit of Rs 273.28 crore in the corresponding quarter a year ago, ACC said in a BSE filing
 "ACC consolidated net profit jumps 73% to Rs 472.4 cr in Dec quarter")
Bunge Q4 profit tops expectations on strong demand, forecasts solid 2021
Shares climbed above $78 in pre-market trading, the highest in nearly three years
 "Bunge Q4 profit tops expectations on strong demand, forecasts solid 2021")
Cognizant Q4 income down 20% to $316 mn, net income at $395 million
For the fourth quarter of 2020, Cognizant''s revenue declined 2.3 per cent to USD 4.18 billion from USD 4.28 billion in the year-ago period
 "Cognizant Q4 income down 20% to $316 mn, net income at $395 million")
Nokia's fourth-quarter revenue beat expectations amid revamp from new CEO
Nokia said its October-December revenue fell 5% to 6.57 billion euros, beating a consensus figure of 6.42 billion, Refinitiv Eikon data showed
 "Nokia's fourth-quarter revenue beat expectations amid revamp from new CEO")
Facebook earning in Q4 soar over pandemic, new challenges await in 2021
The Apple move drew a rare public rebuke from Facebook CEO Mark Zuckerberg, who during a conference call accused Apple of favoring its own interests and not those of users
 "Facebook earning in Q4 soar over pandemic, new challenges await in 2021")
Samsung reports 26% profit jump driven by sharp rebound in chip demand
Samsung''s operating profit of 9.05 trillion won (USD 8.13 billion) for the October-December quarter represented a 26.35 per cent increase from the same period a year before
 "Samsung reports 26% profit jump driven by sharp rebound in chip demand")
OLED panel sales help LG Display swing to net profit of $561.2 mn in Q4
LG Display reported a net profit of 621 billion won (US$561.2 million) for the October-December period, swinging from a loss of 1.81 trillion won a year earlier
 "OLED panel sales help LG Display swing to net profit of $561.2 mn in Q4")
