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Quarterly Results News
Tata Elxsi Q2 net profit up 58 pc to Rs 78.8 cr
Thu, Oct 15, 2020
Design and technology services provider Tata Elxsi on Wednesday reported a 58.3 per cent increase in net profit to Rs 78.8 crore for the September 2020 quarter.
Great quarterly results by New India Assurance; Watch exclusive talks with CMD Atul Sahai
Thu, Nov 21, 2019
General insurance company New India Assurance presented great quarterly results. Zee Business exclusively speaks to Chairman/Managing Director of New India Assurance Atul Sahai.
Axis Bank reports Rs 112 cr net loss in Q2, operating profit up by 45 pct
Tue, Oct 22, 2019
Private sector lender Axis Bank today released its second-quarter financial results for the financial year 2019-20. The bank’s operating profit for the quarter grew 45 percent year-on-year (YoY) to Rs 5,952 crore from Rs 4,094 crore in Q2FY19.
Sensex snaps 7-day losses; key reasons behind smart pullback
Thu, Feb 08, 2018
The benchmark indices rose nearly 1 per cent on Thursday, snapping seven sessions of fall, as market heavyweights such as Infosys and Housing Development Finance Corp helped the indices end their longest spell of losses since September.
Cognizant reports $18-million loss in Q4
Wed, Feb 07, 2018
US-based IT major Cognizant today reported a net loss of $18 million for the December 2017 quarter compared to a profit of $416 million in the year-ago period.
Amazon posts largest profit in its history on sales, tax boost
Fri, Feb 02, 2018
Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.
ICICI Bank second-quarter profit falls, but bad loans stable
Fri, Oct 27, 2017
ICICI Bank Ltd, India`s third-biggest lender by assets, reported a bigger-than-expected 34 percent fall in second-quarter profit on lower income and due to higher provisions for stressed loans and bankruptcy cases.
Maruti Suzuki second-quarter profit rises 3%, beats estimates
Fri, Oct 27, 2017
Maruti Suzuki India Ltd, the country`s top-selling car maker, posted more than a 3 percent rise in its quarterly profit, beating analysts` estimates.
Q2FY18 preview: RBI's NPA resolution under IBC to weigh on banks' earnings
Wed, Oct 11, 2017
Banks struggle with higher NPA, weak asset quality, muted credit growth, higher slippages which has impacted its earnings since past few quarters. Their Q2FY18 is expected to remain subdued on the back of these factors
Sales growth slows but profits of India Inc in first quarter fall
Mon, Aug 21, 2017
Large companies accounted for over 75% of the share in terms of total net sales but they recorded lower net profits of about 23.2% y-o-y in Q1 FY18. Those at the lower end of the size scales witnessed negative growth in both sales and profit.
Punjab National Bank's Q1 net at Rs 343 crore; provisions decline
Wed, Aug 02, 2017
PNB witnessed net profit of Rs 343.40 crore, a rise of 12.09% compared to net profit of Rs 306.36 crore in the corresponding period of the previous year.
Bharti Airtel's Q1 earnings explained in six charts
Wed, Jul 26, 2017
Blaming Reliance Jio's free offers and higher spectrum costs, Bharti Airtel said the company posted 74.8% yoy decline in consolidated net profit to Rs 367 crore.
Will RJio once again pull Bharti Airtel's revenues down in Q1FY18?
Tue, Jul 25, 2017
In the fourth quarter of last financial year, Bharti Airtel had posted a 12.1% decline in its consolidated revenues at Rs 21,935 from Rs 24,960 crore in the corresponding quarter last year.
Wipro, RIL shares jump as results cheer investors
Fri, Jul 21, 2017
Shares of IT major Wipro Ltd and petrochemicals-maker Reliance Industries Ltd (RIL) jumped on Friday after the two companies announced positive first quarter ended June 30, 2017 (Q1FY18) results on Thursday.
Q1FY18: After demonetisation, GST transition will impact FMCG sectors volume, margins and earnings
Wed, Jul 12, 2017
De-stocking on wholesale and CSD level in last days of June quarter, will impact overall earnings of FMCG companies. Margins will also face some pressure.
GST impact: FMCG PAT, revenues to slow down over 2% in Q1FY18
Tue, Jul 11, 2017
Result preview of fast moving consumer goods (FMCG) in the first quarter of FY18 will be impacted by the after effects of GST rollout.
Bhushan Steel fourth-quarter loss bigger than stated earlier
Thu, Jul 06, 2017
Bhushan Steel Ltd reported a March-quarter loss that was much bigger than stated earlier in its unaudited results, as the debt-laden steelmaker was hurt by higher costs.
Newspaper woes drag News Corporation to loss
Tue, Nov 08, 2016
Weakness in newspaper advertising dented quarterly results of News Corporation, which swung to a loss in the past quarter of declines in advertising and circulation, results showed on Monday.
Rcom's net profit declines by 6% on migration of CDMA customers to 4G LTE
Wed, Sep 14, 2016
June quarter result was impacted by migration of CDMA (code division multiple access) customers to 4G LTE, said the company.
NBCC net profit rises by 12% to Rs 46 crore
Wed, Sep 14, 2016
The company reported consolidated net profit of Rs 46.20 crore for the June quarter ended 2016 (Q1FY17), registering a rise of 12.24% from Rs 41.16 crore in the corresponding period of the previous year.