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Financial Results

L&T Technology Services Registers 11% Growth in Revenue in FY20

L&T Technology Services Limited announced its results for the fourth quarter ended March 31, 2020. Highlights for FY20 include: Revenue at ₹56,191 million; growth of 11% USD Revenue at $786 million; constant currency growth of 9.3% EBIT margin at 16.5%; up 50bps Net profit at ₹8,186 million; growth of 7% Board has recommended a final dividend of ₹13.50 per share Highlights ...

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Siemens Limited Releases Its Financial Results for Q2 FY 2020

Siemens Limited reported a Revenue at Rs. 2,738 crore, 20.9% decline as compared to the corresponding quarter of the previous year, with a Profit after Tax at Rs. 172 crore, a 38.6% decline, for the second quarter of Financial Year 2020 as compared to the corresponding quarter of the previous year. The Company’s Order Backlog stands at Rs. 12,547 crore. ...

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SBI General Insurance Announced Financial Results for FY 19-20

SBI General Insurance announced its financial results with a Net Profit of Rs. 412 crore and Gross Written Premium (GWP) of Rs. 6,840 crore in FY 19-20. The company has been steadily growing for last three years. SBIG has maintained its track record of being underwriting positive. The key differentiator has been the company’s diversified product portfolio spread across motor, ...

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Cognizant Announces The Financial Results for First Quarter 2020

Cognizant Technology Solutions Corporation announced its first quarter 2020 financial results. Highlights – First Quarter 2020 Revenue increased to $4.2 billion, up 2.8% (3.5% in constant currency1) from the year-ago quarter, including a negative 50 basis points impact from the exit of certain content services business. GAAP operating margin was 13.7% compared to 13.1% in the year-ago quarter. Adjusted Operating ...

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Sify Technologies Releases The Annual Financials Results for FY19-20

Sify Technologies has announced its annual financial results for the FY 2019-20. The revenue for this FY stood at 22952 million, the company has registered 7% increase in the revenue over last year. Mr. Raju Vegesna, Chairman, said, “Every adversity presents an opportunity to rethink the way we do business. For some time now, Sify has been increasing the level ...

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Persistent Systems Announced The Financial Results for quarter and year ended March 31, 2020

Persistent Systems announced the Company’s audited financial results for the quarter and year ended March 31, 2020, as approved by the Board of Directors. For the first time, the Company crossed the important half a billion dollar revenue milestone. Consolidated Financial Highlights for the Financial Year 2019-20:   FY20 FY19 Y-o-Y growth Revenue (INR Million) 35,658.08 33,659.41 5.9% EBITDA (INR Million) ...

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QNAP Introduces TS-451DeU 2.5GbE 4-bay NAS for Small and Midsize Offices

QNAP® Systems, Inc. introduced the new dual-core 2.0 GHz short depth rackmount 4-bay NAS – TS-451DeU. Featuring a compact 1U 12-inch-depth chassis that allows easy installation in small media cabinets or places with a lot of cabling, the TS-451DeU provides dual 2.5GbE ports, two M.2 2280 SATA 6 Gb/s SSD slots, storage scalability, and highly-anticipated business and media features. The TS-451DeU ...

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Tech Mahindra Released Financial Results for Q4 FY20

Tech Mahindra Ltd. announced the audited consolidated financial results for its fourth quarter and year ended March 31, 2020. Financial highlights for the Year (USD) Revenue at USD 5,181.9 mn; up 4.3% YoY Revenue growth up 5.6% YoY, in constant currency terms EBITDA at USD 803.4 mn; down11.3% YoY Consolidated PAT at USD 566.8 mn, down 7.8% YoY PAT (excluding impairment) ...

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Sify Technologies to Release its Financial Results for FY 2019-20

Sify Technologies Limited announced that it will report its unaudited IFRS financial results for the full year ended March 31, 2020 on Tuesday, May 05, 2020 before the market opens. In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board, Mr. Kamal Nath, Chief Executive Officer and Mr. ...

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Seagate Technology Releases Fiscal Third Quarter 2020 Financial Results

Seagate Technology plc reported financial results for its fiscal third quarter ended April 3, 2020. “Seagate executed very well in the third quarter while navigating the unprecedented challenges brought on by the COVID-19 pandemic. Our teams worked tirelessly to safeguard the health of their colleagues, support customer demand, and execute our product roadmap. In this challenging environment, we achieved strong financial performance, ...

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