Stocks With Earnings Results in View: HCL Tech, Sterling & Wilson, MindTree & More

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Stocks With Earnings Results in View: HCL Tech, Sterling & Wilson, MindTree & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- HCL Technologies (NS: HCLT ): The IT giant’s consolidated net profit climbed 2.4% YoY but fell 8.6% QoQ to Rs 3,283 crore in Q1 FY23, and Ebit margin contracted to 17%, dragged by rising costs amid a record high attrition rate. It announced an interim dividend of Rs 10/share. 

Delta Corp (NS: DELT ): The casino and gaming company’s total income rallied a whopping 210% YoY to Rs 256.3 crore and net profit skyrocketed 297.5% YoY to Rs 57.13 crore in the June 2022 quarter, both parameters rising up to 19% QoQ.

Sterling and Wilson Renewable Energy (NS: STEN ): The renewable energy company’s consolidated net loss jumped significantly by 365.8% YoY to Rs 353.9 crore in the June quarter, while revenue remained flat and EBITDA loss jumped 230.76% YoY to Rs 343.9 crore.

Anand Rathi Wealth (NS: ANAA ): The company’s PAT jumped 33.6% YoY to Rs 39.7 crore in the June quarter and total revenue surged 35.7% YoY to Rs 133.5 crore. It's AUM grew 15% YoY to Rs 32,961 crore in the period.

Goa Carbon (NS: GOAC ): The petrochemical company’s net profit rallied 11,656.4% YoY and declined 4.7% QoQ to Rs 14.5 crore in Q1 FY23 and total income jumped 65% YoY but plunged 25.1% QoQ to Rs 206.5 crore in the period.

Companies including Mindtree (NS: MINT ), Tata Metaliks (NS: TMET ), Rajnandini Metal (NS: RADN ), Gujarat Hotels (BO: GHTL ) and International Travel House (BO: ITRV ), among others, will release their earnings for the June 2022 ending quarter on Wednesday.

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