This week’s screener features stocks from the software & services sector which beat Trendlyne’s forecaster estimates for both revenue and net profit in Q3FY23. Major stocks in the screener are KPIT Technologies, Cyient, Tata Elxsi, Infosys and HCL Technologies.

Cyient’s Q3FY23 revenue beat analyst forecaster estimates by 1.8%, while net profit overtook the estimates by 10.3%. The company’s revenue and net profit have grown by 15.9% and 97.2% QoQ respectively. This rise was helped by growth in its overseas business and an 83% QoQ increase in the company’s order intake. 

Tata Elxsi also beat the forecaster estimates in revenue and net profit by 1.3% and 10.2% respectively in Q3FY23. Its revenue has risen 28.7% on the back of growth in embedded product design (EPD), industrial design and visualization (IDV) and transportation segments. The company saw an increase in orders from the US and European markets.

You can find more screeners here.