Profit
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RIL jumps nearly 2 pc m-cap again hits Rs 9 lakh cr mark
Business | Oct 22, 2019, 12:17 PM ISTWith this, the market capitalisation (m-cap) of the company reached Rs 9,00,000.39 crore. The country's most valuable company on Friday posted a record quarterly net profit of Rs 11,262 crore as a steady rise in the share of its consumer businesses of retail and telecom countered lower earnings from traditional petrochemical and refining segment.
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HDFC Bank Q2 net profit rises 25 per cent to Rs 6,638 cr
Business | Oct 19, 2019, 07:27 PM ISTTotal income on a consolidated basis rose to Rs 36,130.96 crore during the three months to September, against Rs 30,124.49 crore in the same period of the previous year, the bank said in a regulatory filing.
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BMW profits drop on higher costs, spending for new tech
Aug 01, 2019, 05:07 PM ISTBMW spent 1.4 billion euros ($1.5 billion) on research and development in the quarter, and invested 1.2 billion euros ($1.3 billion) in new plants to modernize production and prepare for new models. It also saw higher production costs from an increasing proportion of electric vehicles and higher raw materials prices. The company said it was able to increase its share in the key China market despite a shrinking overall market there.
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Air India Express posts Rs 169 cr profit in 2018-19
Business | Jul 30, 2019, 10:17 PM ISTThe low-cost arm of national carrier Air India recorded over 16 per cent growth in revenues at Rs 4,202 crore in 2018-19. In the year-ago period, the same stood at Rs 3,620 crore, it said in a release.
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ICICI Lombard Quarter 1 net profit up over 7 percent at Rs 310 crores
Business | Jul 19, 2019, 07:53 PM ISTICICI Lombard General Insurance on Friday reported a 7.1 percent rise in its net profit at Rs 310 crore for the first quarter ended June 2019.
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Infosys shares jump over 6 per cent after Q1 results
Business | Jul 15, 2019, 12:47 PM ISTShares of Infosys jumped over 6 per cent on Monday after the IT behemoth posted better-than-expected rise in its June quarter net profit.
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Reliance General posts Rs 56 cr net profit for quarter ending September 30
Business | Oct 26, 2018, 05:04 PM ISTThe combined ratio (ratio of total incurred losses and expenses: earned premium) improved from 109 per cent in Q2 FY18 to 106 per cent in Q2 FY19.
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Jio effect: Voda pre-tax profit plunges 39% in H1; industry loses a whopping Rs 4,087 cr in Q2 alone
Business | Nov 14, 2017, 10:31 PM ISTThe deep-pocketed Jio has been offering data almost free for a year now, while it charges nothing for voice, forcing the incumbents to make matching offers.
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SBI reports Rs. 2,814 cr net profit in Q4, up 123 pc from last year
May 19, 2017, 01:40 PM ISTIndia’s largest bank State Bank of India reported a net profit of Rs. 2814 crore in its fourth quarter ended March, 2017, while its bad loans also fell to 6.9 per cent compared to 7.23 per cent in December 2016.
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Stents selling in India at upto 1000 pc margin on manufacturing cost: NPPA
Jan 17, 2017, 12:04 PM ISTThe price of a stent may very well rise by 1000 per cent by the time it moves from the manufacturer to the patient, according to the data released by the National Pharmaceutical Pricing Authority (NPPA).
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Facebook quarterly profit tripled to $1.5 billion, with 1.6 billion active users
Apr 28, 2016, 09:22 AM ISTWashington:Social media giant Facebook reported a $1.5 billion first-quarter profit in 2016, or 52 cents per share, nearly triple of last year's profits of $512 million in the same period. "We had a great start
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Facebook tops Wall Street's Fourth Quarter Forecasts
Jan 28, 2016, 10:28 AM ISTCalifornia: Facebook Inc. on Wednesday reported fourth-quarter earnings of $1.56 billion.The Menlo Park, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per
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BCCI stand to gain Rs 332 crore in 2 years: Niranjan Shah
Cricket | Dec 08, 2015, 04:42 PM ISTNew Delhi: The BCCI is all set to rake in a rich moolah to the tune of approximately Rs 332 crore for two years after roping in Intex Mobiles and Sanjeev Goenka's New Rising as
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Despite recalls Honda records 20% profit rise on yen
Jul 31, 2015, 06:06 PM ISTTokyo: Japanese automaker Honda reported on Friday a 20% jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall.Honda Motor Co's April-June
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Infosys profit up 5%; raises sales forecast for FY'16
Jul 21, 2015, 05:34 PM ISTBengaluru: Infosys Ltd today reported better than expected 5 per cent rise in June quarter net profit and raised its full-year sales growth forecast as business revamp helped it win more IT contracts.The nation's second-largest
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State Bank of India plans to offer 3% profit to staff
Jul 17, 2015, 03:49 PM ISTNew Delhi: State Bank of India (SBI) on Friday said it plans to offer up to 3 per cent of annual profit to employees as part a talent retention and motivation initiative.The bank has sought
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Maruti Suzuki logs 33% profit growth
Apr 28, 2015, 10:51 AM ISTNew Delhi: Passenger car major Maruti Suzuki India Ltd on Monday said it had closed the last fiscal with 33.4 percent increase in profit and 14 percent growth in net sales.In a statement issued here,
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HDFC Bank beats street, posts 21% hike in profit
Apr 23, 2015, 04:27 PM ISTHDFC Bank Ltd has posted a net profit of Rs 2806.9 crore for the qurater ended March 31, 2015, up by 20.6% over the same period in the year previous to last.Its total income for
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Jet Airways back in black; posts Rs 3 crore quaterly operating profit
Feb 06, 2015, 11:15 PM ISTNew Delhi: After seven straight quarters of losses, Jet Airways on Friday returned to profitability with Rs 3-crore profit from operations in the three months ended December 2014 on the back of higher international passenger
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Profit not bad word, resources needed to service poor:Jaitley
Jul 24, 2014, 11:48 PM ISTNew Delhi: Asserting that profit is not a bad word, government tonight said the low tax regime envisaged in the budget is aimed at boosting economic activity and suggested interest rates for sectors like housing