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operating profit News
Japan's Suzuki Motor profit jumps 68% in third-quarter on strong India sales
Mon, Feb 05, 2018
Japan`s Suzuki Motor Corp on Monday announced a 68 percent jump in operating profit in the third quarter due to ongoing growth in automobile and motorcycle sales in India, its biggest market, as well as in Europe and at home.
CCI's penalty on cement companies to impact their profits
Fri, Jan 20, 2017
India Ratings on Friday said, “CCI's penalty on seven major cement companies will shave off under 2% of the players operating profits ahead.”
Treasury gains may support Indian banks to compensate asset quality
Mon, Dec 12, 2016
Nitin Aggarwal and Renish Patel analysts of Antique Stock Broking firm said, “Treasury gains will add upto 6% in operating earnings of major public sector undertakings (PSU) banks over second half of current fiscal year (2HFY17), assuming 50 basis point reduction in interest rate across yield curve.”
BMW posts flat profits as investments erode automotive margins
Fri, Nov 04, 2016
BMW posted flat third-quarter (Q3) operating profit on Friday as investments in new technologies to cut pollution and increase safety ate into profits from sales of its premium cars.
Air India reports Rs 105-crore operating profit in 2015-16; 1st time since 2007 merger
Sat, Oct 15, 2016
For the first time in a decade, Air India has reported an operating profit of Rs 105 crore in 2015-16, aided by lower fuel costs and higher passenger numbers, even as the national carrier incurred a net loss after interest of Rs 3,837 crore in the same period.
GlaxoSmithKline Pharma's Q1FY17 declines 22% to Rs 38 crore
Thu, Jul 28, 2016
It’s operating profit (EBITDA – earnings before interest tax depreciation and tax) stood at Rs 90.35, recording drop of 18.69% yoy and 29.91% qoq. While the company’s OPM (operating profit margin) was at 12.80%, contracting by 424 bps yoy and 544 bps qoq.
Sony sets target of nearly $5 billion for next financial year on hopes of new VR headset
Wed, Jun 29, 2016
The diverging fortunes for the two businesses resulted in the electronics giant maintaining its operating profit target of 500 billion yen ($4.9 billion) for the year beginning next April.