Q1 Results Live Updates: Wipro's cons PAT rises 11% YoY to Rs 3,330 cr; Axis Bank profit declines 4% YoY
Economic Times |
Synopsis
Q1 Results today: Wipro, Axis Bank, Polycab, and other companies announced Q1 earnings today.
LTIMindtree Q1 Results
IT services firm LTIMindtree on Thursday reported an 11% year-on-year rise in its Q1FY26 consolidated net profit to ₹1,255 crore, up from ₹1,135 crore in the same quarter last year.
Axis Bank Q1 Results
Private lender Axis Bank posted a 4% decline in its standalone net profit for Q1 FY26, coming in at ₹5,806 crore, compared to ₹6,035 crore in the same quarter last year.
Wipro Q1 Results
Tech major Wipro on Thursday posted an 11% year-on-year rise in its Q1FY26 consolidated net profit at ₹3,330 crore, up from ₹3,003 crore in the same quarter last year. The profit, attributable to the company’s equity holders, slightly surpassed Street estimates of ₹3,233 crore.
Polycab Q1 Results
Polycab India on Thursday reported a 50% year-on-year increase in its Q1FY26 net profit, which rose to ₹592 crore from ₹396 crore in the same quarter last year. The profit is attributable to the company’s shareholders.
IT services firm LTIMindtree on Thursday reported an 11% year-on-year rise in its Q1FY26 consolidated net profit to ₹1,255 crore, up from ₹1,135 crore in the same quarter last year.
Axis Bank Q1 Results
Private lender Axis Bank posted a 4% decline in its standalone net profit for Q1 FY26, coming in at ₹5,806 crore, compared to ₹6,035 crore in the same quarter last year.
Wipro Q1 Results
Tech major Wipro on Thursday posted an 11% year-on-year rise in its Q1FY26 consolidated net profit at ₹3,330 crore, up from ₹3,003 crore in the same quarter last year. The profit, attributable to the company’s equity holders, slightly surpassed Street estimates of ₹3,233 crore.
Polycab Q1 Results
Polycab India on Thursday reported a 50% year-on-year increase in its Q1FY26 net profit, which rose to ₹592 crore from ₹396 crore in the same quarter last year. The profit is attributable to the company’s shareholders.
08:11:36 PM IST, 17 Jul 2025
Tata Communications Q1 Results: Cons PAT falls 43% YoY to Rs 190 crore, revenue up 7%
Tata Communications on Thursday reported a 43% decline in its Q1FY26 consolidated net profit at Rs 190 crore versus Rs 333 crore reported in the year ago period. The profit is attributable to the equity holders of the company.
The company's revenue from operations surged 7% to Rs 5,960 crore versus Rs 5,592 crore in the year ago period.
The profit after tax (PAT) was down 82% on a sequential basis versus Rs 1,040 crore reported by the company in Q4FY25. The topline was down marginally by 0.5% versus Rs 5,990 crore in the January-March quarter of FY25.
The company's revenue from operations surged 7% to Rs 5,960 crore versus Rs 5,592 crore in the year ago period.
The profit after tax (PAT) was down 82% on a sequential basis versus Rs 1,040 crore reported by the company in Q4FY25. The topline was down marginally by 0.5% versus Rs 5,990 crore in the January-March quarter of FY25.
07:35:00 PM IST, 17 Jul 2025
Sterling and Wilson Q1 results: Global CEO CK Thakur says results reflect strong focus on execution
Speaking on the quarter results, Global CEO CK Thakur said that SWREL's Q1 FY26 results reflected a strong focus on execution and a disciplined approach in company's financial strategy. Its operational efficiency demonstrated in all the markets have driven a steadfast revenue growth of 93% year-on-year, Thakur added. "As we deepen our presence in India, our priority will always be to deliver unmatched value through performance, innovation, and a robust clean energy portfolio,” he said.
ADVERTISEMENT
07:30:00 PM IST, 17 Jul 2025
Sterling and Wilson Q1 results: EBITDA up 176% at Rs 102 crore
The Q1FY26 Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) was reported at Rs 102 crore and is up 176% YoY as compared to Rs 37 crore in Q1 FY25. The EBITDA margin is reported at 5.8%.
07:25:00 PM IST, 17 Jul 2025
Sterling and Wilson Q1 results: PAT down 29% on QoQ basis
The profit after tax (PAT) was down 29% on a sequential basis versus Rs 55 crore reported by the company in Q4FY25. The topline also fell 30% compared to Rs 2,519 crore posted in the January-March quarter of FY25.
07:15:51 PM IST, 17 Jul 2025
Sterling and Wilson Q1 results: Cons PAT surges 680% YoY at Rs 39 crore, revenue up 93%
Sterling and Wilson Renewable Energy on Thursday reported a stellar 680% growth in its Q1FY26 consolidated net profit at Rs 39 crore versus Rs 5 crore reported in the year ago period. The company's revenue from operations surged 93% at Rs 1,762 crore versus Rs 915 crore in the year ago period.
06:30:00 PM IST, 17 Jul 2025
Indian Hotels Q1 Results: Revenue growth in line with guidance, says IHCL CEO Puneet Chhatwal
"Q1 FY2026 marks the thirteenth consecutive quarter of record performance. In line with our guidance, the company reported a double-digit growth in consolidated revenue," Puneet Chhatwal, Managing Director and Chief Executive Officer of IHCL, said in a statement.
06:24:21 PM IST, 17 Jul 2025
Indian Hotels Q1 Results: Company expenses rose to Rs 1,662 crore
Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period.
The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory filing showed.
The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory filing showed.
06:00:00 PM IST, 17 Jul 2025
Tata Group-owned Indian Hotels Q1 Results: Net profit rises 26% to Rs 329 crore
Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26.
The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year.
The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year.
ADVERTISEMENT
05:55:00 PM IST, 17 Jul 2025
Jio Financial Q1 Results: Interest income at Rs 363 crore
The Mukesh Ambani company drew revenue of Rs 363 crore as interest income versus Rs 276 crore in Q4FY25 and Rs 162 crore in Q4FY25. The fee, commission & other services income stood at Rs 53 crore in Q1FY26, up from Rs 39 crore in Q4FY25 and Rs 38 crore in Q1FY25.
05:50:00 PM IST, 17 Jul 2025
Jio Financial Q1 Results: Expenses incurred rises to Rs 261 crore
The company incurred expenses of Rs 261 crore in the reported quarter which was up from Rs 169 crore in Q4FY25 and Rs 79.35 crore in Q1FY25. The expenses were made under the heads including finance cost, Employee benefits expense and other expenses.
05:45:00 PM IST, 17 Jul 2025
Jio Financial Q1 Results: Cons PAT surges 27% on QoQ basis
Jio Financial's profit after tax (PAT) increased 27% on a sequential basis compared to Rs 316 crore in Q4FY25.
The topline was 24% higher over Rs 493 crore reported in the January-March quarter of FY25.
The topline was 24% higher over Rs 493 crore reported in the January-March quarter of FY25.
ADVERTISEMENT
05:38:56 PM IST, 17 Jul 2025
Jio Financial Q1 Results: Cons PAT rises 3.8% YoY to Rs 325 crore, revenue shoots up 47%
Jio Financial Services on Thursday reported a 3.8% growth in its Q1FY26 consolidated net profit at Rs 325 crore versus Rs 313 crore in the year ago period. The company's revenue from operations surged 47% at Rs 612 crore versus Rs 418 crore in the year ago period. Read More
We had a promising start to the year delivering broad-based growth, expanding margins, and making significant progress on our strategic priorities. Our Fit4Future program, sales transformation efforts, and pivot to AI have enhanced agility and strengthened our ability to scale for the future. While the macroeconomic environment remains challenging, I’m confident that our disciplined execution and unwavering client focus will continue to drive our performance.
- Venu Lambu, Chief Executive Officer and Managing Director, LTIMindtree
05:03:59 PM IST, 17 Jul 2025
LTIMindtree Q1 results: Cons profit jumps 11%YoY to Rs 1,255 crore. Revenue up 8%
IT services firm LTIMindtree on Thursday reported an 11% year-on-year rise in its Q1FY26 consolidated net profit to ₹1,255 crore, up from ₹1,135 crore in the same quarter last year.
Read More
Read More
ADVERTISEMENT
04:58:40 PM IST, 17 Jul 2025
LTIMindtree Q1 Results: Rs 45 per share dividend declared
The Board of Directors had recommended a final dividend of Rs 45/- per equity share of face value ~ 1/- each for the financial year ended March 31, 2025 which was approved by the shareholders at the Annual General Meeting held on May 30, 2025 and accordingly paid before end of the quarter.
04:54:35 PM IST, 17 Jul 2025
LTIMindtree Q1 Results
- PAT at Rs 1,254 cr vs Rs 1,126 cr, up 11.1% QoQ
- Revenue at Rs 9,841 cr vs Rs 9,772 cr, up 0.7% QoQ
04:30:00 PM IST, 17 Jul 2025
Axis Bank Q1 Results: Key domestic subsidiaries' performance
- Q1FY26 total profit at Rs 451 crores up 4% YOY, with a return on investment in domestic subsidiaries of 47%
- Axis Finance Q1FY26 PAT grew 23% YOY to Rs 189 crores; asset quality metrics stable, ROE at 13.98%
- Axis AMC Q1FY26 PAT grew 12%YOY to Rs 130 crores
- Axis Securities customer base grew 15% YOY and Q1FY26 PAT stood at Rs 89 crores
- Axis Capital Q1FY26 PAT stood at Rs 38 crores and executed ECM deals in Q1FY26
ADVERTISEMENT
We are optimistic as we step into FY26. With supportive regulatory conditions, the operative landscape is turning favourable. We believe large, well-capitalised banks like Axis with strong digital capabilities, innovative product suites are best suited to seize the opportunity. At Axis, we have built a robust Digital Bank along with an extensive branch networkthat ensures smart, seamless banking experience for millions of customers. We believe we have built a platform that allows us to grow at rates faster than the industry this year and this thesis will continue to play in the medium term.
- Amitabh Chaudhry, MD&CEO, Axis Bank
04:22:27 PM IST, 17 Jul 2025
Axis Bank Q1 Results: Financial Highlights
- Operating revenue up 8% YOY, Operating expenses up 2% YOY and down 5% QOQ, operating jaws positive
- Net Interest Income up 1% YOY and down 2% QOQ, Net Interest Margin (NIM) at 3.80%
- Non-interest income up 25% YOY, Fee income up 10%, Retail fee up 9%, granular fees at 91% of total fees
- Cost to assets at 2.41% declined 13 bps YOY and 5 bps QOQ
- SME loans up 16% YOY and 2% QOQ, Corporate loans up 9% YOY and 6% QOQ, Mid-Corporate (MC) up 24% YOY
- Overall CAR stood at 16.85% with CET-1 ratio at 14.68%, net accretion to CET-1 of 62 bps YOY and 1 bps in Q1FY26
ADVERTISEMENT
04:18:00 PM IST, 17 Jul 2025
Wipro Q1 Results: Bookings
- Total bookings was at $4,971 million, up by 24.1% QoQ and 50.7% YoY in constant currency
- Large deal bookings was at $2,666 million, an increase of 49.7% QoQ and 130.8% YoY in constant currency.
04:15:24 PM IST, 17 Jul 2025
Wipro Q1 Results: Operating margin, net income & EPS
- IT services operating margin for Q1’26 was at 17.3%, contraction of 0.2% QoQ and expansion of 0.8% YoY.
- Net income for the quarter was at ₹33.3 billion ($388.4 million1), decrease of 6.7% QoQ and increase of 10.9% YoY.
- Earnings per share for the quarter at ₹3.2 ($0.041), decrease of 6.7% QoQ and increase of 10.8% YoY.
In a quarter shaped by macroeconomic uncertainty, clients prioritised efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half. AI is no longer experimental - it’s central to our clients’ strategies, and we are delivering real impact at scale.
- Srini Pallia, CEO and Managing Director, Wipro
04:05:14 PM IST, 17 Jul 2025
Wipro Q1 Results: Headcount & Attrition
- Voluntary attrition was at 15.1% on a trailing 12-month basis.
- Headcount at 233,232
04:01:52 PM IST, 17 Jul 2025
Axis Bank Q1 Results: Standalone PAT falls 4% YoY to Rs 5,806 crore, NII remains flat
Private lender Axis Bank posted a 4% decline in its standalone net profit for Q1 FY26, coming in at ₹5,806 crore, compared to ₹6,035 crore in the same quarter last year.
Read More
Read More
03:53:35 PM IST, 17 Jul 2025
Wipro Q1 Results: Guidance
The company expects revenue from our IT Services business segment to be in the range of $2,560 million to $2,612 million. This translates to sequential guidance of (-)1.0% to 1.0% in constant currency terms.
03:49:07 PM IST, 17 Jul 2025
Wipro Q1 Results: Cons PAT rises 11% YoY at Rs 3,330 crore; dividend declared at Rs 5/share
Tech major Wipro on Thursday posted an 11% year-on-year rise in its Q1FY26 consolidated net profit at ₹3,330 crore, up from ₹3,003 crore in the same quarter last year.
Read More
Read More
03:47:06 PM IST, 17 Jul 2025
Axis Bank Q1 Results: NII at Rs 13,559.70 cr vs ET Now poll of Rs 13,780 cr
03:43:00 PM IST, 17 Jul 2025
Wipro Q1 Results: PAT at Rs 3,330 cr vs Street estimates of Rs 3,233 cr
03:41:46 PM IST, 17 Jul 2025
Wipro Q1 Results: Rs 5 per share dividend declared
Payment of interim dividend of ~ 5 per equity share of par value ~ 2 each to the Members of the Company as on July 28, 2025, being the Record Date. The payment
of Interim Dividend will be made on or before August 15, 2025.
of Interim Dividend will be made on or before August 15, 2025.
03:26:09 PM IST, 17 Jul 2025
Q1 Results Live Updates | Polycab shares drop marginally post Q1 show
03:01:36 PM IST, 17 Jul 2025
Q1 Results Live Updates | Polycab Q1 Results: Cons PAT surges 50% YoY to Rs 592 crore; revenue jumps 26%
Polycab India reported a 50% year-on-year (YoY) increase in its Q1FY26 net profit, rising to ₹592 crore from ₹396 crore in the same quarter last year.
Read More
Read More
03:00:07 PM IST, 17 Jul 2025
Q1 Results Live Updates | Polycab Q1 Results
- PAT at Rs 592 cr, surges 49.4% YoY from Rs 396
- Rev at Rs 5,906 cr vs Rs 4,698 cr YoY
- Ebitda: Rs 858 cr
- Margin: 14.5%
02:25:49 PM IST, 17 Jul 2025
HDFC AMC Q1 Results Live Updates: Shares trade higher after Q1 PAT jumps 24% YoY
02:10:20 PM IST, 17 Jul 2025
Q1 Results Live Updates | HDFC AMC Q1 Results
- Net Profit Up 24% At ₹748 Cr Vs ₹604 Cr (YoY)
- Revenue Up 25% At ₹968 Cr Vs ₹775 Cr (YoY)
01:56:59 PM IST, 17 Jul 2025
Q1 Results Live Updates | Krishana Phoschem Q1 Results
Profit from Continuing Operations: Rs 30.58 cr
Revenue from Operations: Rs 396 cr
Revenue from Operations: Rs 396 cr
01:38:04 PM IST, 17 Jul 2025
Q1 Results Live Updates | Newgen Software Technologies Q1 Results
- Consolidated Net Profit: Rs 49.72 crore
- Consolidated Revenue from Operations: Rs 321 crore
01:36:28 PM IST, 17 Jul 2025
Q1 Results Live Updates | South Indian Bank Q1 Results
- Net Profit: Rs 322 crore
- Gross NPA: 3.15%
- Interest Earned: Rs 2,362 crore
- Provisions & Contingencies: Rs 239 crore
01:33:17 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: Axis Bank shares trade marginally lower ahead of Q1 show
01:15:00 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: Net Interest Margins (NIMs) Forecast
- Expected to remain under pressure.
- Kotak Equities projects a 20-basis-point sequential decline in NIMs to around 3.5%, factoring in early signs of a rate-cut cycle.
- Phillip Capital anticipates NIMs to witness contraction.
- YES Securities notes that NIM will be lower sequentially.
01:00:00 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: Loan Growth Estimates
- Kotak Equities forecasts 7% YoY loan growth (flat QoQ).
- Nuvama projects 8.3% YoY / 2.0% QoQ loan growth.
- Phillip Capital expects 8% YoY loan growth.
- YES Securities anticipates sequential loan growth will be in the 1.0% ballpark due to an idiosyncratic growth trajectory.
12:45:00 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: Loan Growth Expectations
- Expected to be in the 7–8% range YoY.
- On a sequential basis, loan growth is anticipated to be flat to modest 2%
12:30:00 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: NII Estimates
- Anticipated to grow by approximately 2% YoY.
- Nuvama projects NII growth of 2.7% YoY and flat quarter-on-quarter (QoQ).
- YES Securities suggests NII growth will be slower than average loan growth due to a fall in yield on advances outpacing the cost of deposits
12:15:00 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: Profit Forecast
Profit After Tax (PAT) expected to show approximately 2% year-on-year (YoY) growth.
12:08:32 PM IST, 17 Jul 2025
Axis Bank Q1 Results Live Updates: Preview: Modest PAT and NII growth expected amid margin pressures
Axis Bank is forecasted to post a 2% year-on-year increase in profit after tax (PAT) and net interest income (NII) for the June quarter (Q1FY26), based on the average estimates from five brokerages. The results, due on Thursday, are expected to indicate a cautious beginning to the fiscal year, impacted by ongoing margin pressures and higher provisioning levels.
Read More
Read More
12:00:00 PM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: Growth Guidance
Wipro had previously guided for a -3.5% to -1.5% QoQ constant currency (cc) revenue decline.
11:45:00 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: EBIT/EBIT Margins Estimates
- Kotak: 17.5% (up 106 bps YoY, up 14 bps QoQ).
- HSBC: 16.8% (up 31 bps YoY, down 44 bps QoQ).
- JM Financial expects margin stability due to Wipro’s efficiency programs and currency tailwinds
11:30:00 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: EBIT / EBIT Margins Expectations
Operating profit (EBIT) is expected to remain steady with moderate YoY gains, but flat to slightly negative quarter-on-quarter (QoQ) performance.
- Margins are likely to be stable, supported by cost control and currency tailwinds.
- EBIT margin forecasts are in a narrow band
11:15:00 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: Revenue Estimates
- Elara Capital: Rs 22,015 crore (up 0.2% YoY, down 2.2% QoQ).
- HSBC: Approximately Rs 22,000 crore.
- JM Financial: Rs 22,358 crore (up 1.8% YoY, down 0.6% QoQ).
- Kotak: Rs 21,991 crore (up 0.2% YoY, down 2.4% QoQ
10:53:51 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro shares trade marginally lower ahead of Q1 show
10:53:08 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: Revenue Expectations
Top-line performance is expected to be largely flat.
◦ Estimates range between Rs 21,991 crore and Rs 22,358 crore, with revenue growth potentially flat to 2% year-on-year in the April–June quarter.
◦ Weak demand in key markets like Europe and challenges in client budgets are expected to contribute to soft revenue growth
◦ Estimates range between Rs 21,991 crore and Rs 22,358 crore, with revenue growth potentially flat to 2% year-on-year in the April–June quarter.
◦ Weak demand in key markets like Europe and challenges in client budgets are expected to contribute to soft revenue growth
10:52:39 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: Profit Estimates
- Elara Capital: Rs 3,351 crore (up 10.3% YoY, down 6.6% QoQ).
- JM Financial: Rs 3,350 crore (up 11.6% YoY, down 6.1% QoQ).
- Kotak Equities: Rs 3,309 crore (up 10.2% YoY, down 7.3% QoQ).
- HSBC: Rs 3,161 crore (up 5.3% YoY, down 11.4% QoQ
10:52:01 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: Profit Expectations
Analysts expect Wipro's net profit to remain resilient year-on-year (YoY) but see a sequential moderation.
- Estimates range from Rs 3,161 crore to Rs 3,351 crore, implying a 5–12% YoY growth.
- The sequential decline in profits is attributed to weaker revenues and some operating cost pressures
10:51:06 AM IST, 17 Jul 2025
Q1 Results Live Updates: Wipro Q1 Preview: PAT may rise 5-12% YoY; topline likely to remain muted
Wipro, a Tier-1 IT services firm, is set to report its Q1 earnings on Thursday, July 17. Analysts expect muted revenue growth, impacted by ongoing demand softness in key regions like Europe and constrained client spending.
Read More
Read More