Company Financials
For the quarter ended 31-12-2019, the company has reported consolidated sales of Rs 18135.00 crore, up 3.47% from last quarter sales of Rs 17527.00 crore and up 15.52 % from last year same quarter sales of Rs 15699.00 crore. The company has reported net profit after tax of Rs 2944.00 crore in the latest quarter.
Investment Rationale
In fourth quarter, some impact of Covid-19 will be seen on the revenue growth, both in terms of demand and delivery, said HSBC. However, material impact could come in first quarter of FY21, said HSBC. Around 40% of the business is exposed to verticals which are likely to be impacted by Covid — retail, tech, manufacturing etc, where businesses may be hit due to supply hit or demand fall, said HSBC.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price