Earnings Announcement

UltraTech Cement shares jump nearly 3% after earnings announcement

The stock gained 2.78 per cent to settle at Rs 7,867.90 on BSE. During the day, it jumped 3.82 per cent to Rs 7,947.90.

Demand from North America drives Accenture results

However, the company forecast first-quarter revenue below analysts' average estimate, due mainly to a stronger dollar.

Toshiba reports $102 million quarterly net loss

Sales fell 4.5 percent from a year earlier to 1.35 trillion yen, the lowest since the quarter ended December 2012, due to a poor performance in television and personal computer businesses.

Walmart earnings miss estimates; company cuts outlook

Net profit attributable to Wal-Mart fell to USD 1.08 per share, in the second quarter ended July 31 from USD 1.21 per share, a year earlier. Analysts on average had expected USD 1.12 per share, according to agency.

Renuka Sugars Q1 loss widens to Rs 227.2 crore

Total income, however, increased to Rs 1,550.5 crore in the April-June period of 2015-16 fiscal from Rs 1,157.8 crore in the year-ago period.

Rural Electrification Corp Q1 net rises 15%

The company's net profit in the corresponding quarter of the previous fiscal was Rs 1,282.79 crore, REC Ltd said in a BSE filing. Total income from operations during the quarter was at Rs 5,662.89 crore, registering an increase of 21.3 per cent from Rs 4,667.13 crore in the year-ago period, it added.

Zee Media Q1 net narrows to Rs 7 crore

The company had reported a net loss of Rs 17.52 crore in the same quarter last year. Zee Media, which operates news channels like Zee News and Zee Business and publishes DNA, reported net sales of Rs 134.57 crore in the quarter under review as against Rs 132.76 crore in the same quarter a year ago, an increase of 1.36 percent.

Emami gets shareholders' nod to raise Rs 700 cr

In a BSE filing, Emami said it has got "consent of 99.99 percent" of shareholders to raise up to Rs 700 crore through unsecured redeemable non convertible debentures on private placement basis.

MCFL Q1 loss widens to Rs 212 crore

The company had incurred a net loss of Rs 9.76 crore in the year ago period. Income from operations rose to Rs 774.66 crore in April- June period of the fiscal up from Rs 430.98 crore in the same period in 2014-15 fiscal, as per company's BSE filing.

Insecticides India Q1 net profit up 14% at Rs 19.8 cr

Net income rose 13 percent to Rs 285.40 crore in the first quarter of this fiscal, from Rs 252.39 crore a year earlier.

Maggi ban will not result in job cuts, says Nestle India

The company, which has suffered its first quarter loss in 30 years due to Maggi ban, has redeployed employees who were involved in manufacturing of the instant noodles for other operations.

State Bank of Hyderabad Q1 net rises 11% to Rs 251 cr

The bank had reported a standalone net profit of Rs 227.21 crore in the corresponding quarter of last fiscal.

Deutsche Bank earnings overshadowed by legal costs

The bank reported pretax profit of 1.2 billion euros in the second quarter, up 34 percent on the year and just slightly below expectations. Litigation charges of an equal amount - 1.2 billion euros - burdened the group's bottom line.

Belgium's Solvay to buy US peer Cytec for $5.5 bn

Cytec, which makes most of its sales in North America, has 4,600 employees worldwide and annual sales of about USD 2.0 billion.

Amazon shares soar on surprise profit, value tops WalMart's

Amazon.com Inc shares surged more than 17 percent on Thursday as the online retailer posted an unexpected quarterly profit, pushing its market value above that of Wal-Mart Stores Inc, the world's largest retailer.

Videocon Telecom narrows down operating loss to Rs 44.75 cr

The company reported an operating loss of Rs 75.9 crore for the same quarter last financial year. The consolidated topline revenue of the company for the reported period stood at Rs 527.07 crore.

Indiabulls Housing Finance Q1 net rises 21% to Rs 511 cr

The firm had a net profit after taxes, minority interest and share of profit of associates at Rs 423.74 crore in the April-June quarter of 2014-15.

IBM revenue falls for 13th straight quarter; shares dip

IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics.

Q2 operating profit likely down 4 percent yoy: Samsung Elec

This was worse than the 7.2 trillion won average forecast from a agency survey of 39 analysts.

Citi net up by over 18% to Rs 3,423 crore in FY15

Citi India Chief Financial Officer Niraj Parekh expressed satisfaction at the performance saying, it comes in spite of the "uneven" and "unpredictable" growth scenario in the economy.

Deutsche Bank FY15 net profit up 93% in India

German lender Deutsche Bank today reported a 93 percent jump in profit from its Indian branches at Rs 1,406 crore for financial year 2014-15.

Nestle India sees more than $45 mn hit from Maggi ban

Nestle has been battling its worst-ever branding crisis in India since a regulator in the northern state of Uttar Pradesh found monosodium glutamate (MSG) and excess lead in a sample of its hugely popular noodles.

Twitter CEO Dick Costolo steps down

Twitter chief executive Dick Costolo is stepping down and will be replaced on an interim basis from July 1 by co-founder Jack Dorsey, the company has said.