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  • Smoking Gun: Fat cigarette margin, other income lift ITC Q4 May 25, 2012 03:29 PM IST

    Smoking Gun: Fat cigarette margin, other income lift ITC Q4

    Cigarettes to FMCG and hotels major ITC's fourth quarter net profit rose a better-than-expected 26% year-on-year to Rs 1,614 crore. While overall the company continues to be driven by cigarettes, quarterly earnings were also boosted by higher other income and lower losses in its non-cigarette FMCG business.

  • Tata Global Q4 net plunges 36 pc to Rs 54 cr May 23, 2012 07:36 PM IST

    Tata Global Q4 net plunges 36 pc to Rs 54 cr

    Tata Global Beverages today said its consolidated net profit for the March quarter declined 36.4% to Rs 54.21 crore despite an 11% rise in sales.

  • Tech Mahindra profit beats estimates on Satyam May 23, 2012 07:16 PM IST

    Tech Mahindra profit beats estimates on Satyam

    Software-services provider Tech Mahindra Ltd reported a three-fold rise in quarterly profit, beating market estimates, after its unit Mahindra Satyam swung to a better-than-expected profit.

  • Vodafone may delay IPO; FY12 revenue up 20% to Rs 32K cr May 22, 2012 05:23 PM IST

    Vodafone may delay IPO; FY12 revenue up 20% to Rs 32K cr

    Vodafone India said it had begun preparations for going public, but the initial public offering could take some time because of uncertain conditions.

  • Wal-Mart posts strong profit as US sales jump May 17, 2012 04:52 PM IST

    Wal-Mart posts strong profit as US sales jump

    Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday as its Walmart US division showed a 2.6% rise in sales at stores open at least a year, as warm weather and an earlier Easter enticed shoppers to spend.

  • Bajaj Auto leads industry with 20.6% Q4 profit margin May 17, 2012 02:32 PM IST

    Bajaj Auto leads industry with 20.6% Q4 profit margin

    Bajaj Auto Ltd, India's second-largest motorcycle maker, maintained its industry-leading profit margins in its fiscal fourth quarter as robust sales growth helped offset rising commodity prices.

  • What to expect from Ashok Leyland's Q4 earnings May 12, 2012 02:31 PM IST

    What to expect from Ashok Leyland's Q4 earnings

    Its been a mixed road for commercial vehicle makers in the last one year. While sales of light commercial vehicles accelerated, medium and heavy trucks hit speed bumps due to slowdown in industrial actuvity and expensive loans. How was the drive in the fourth quarter?

  • Federal Bank dreams pan-India presence: CEO May 11, 2012 04:34 PM IST

    Federal Bank dreams pan-India presence: CEO

    Shyam Shrinivasan, managing director and chief executive officer, Federal Bank says that the profit of the bank has improved compared to last year. He also says that bank‘s NIMs ws impacted due to increase in cost of funds in the last quarter and additional restructuring of some Funded Interest Term Loan (FITL) loans.

  • Dr Reddy's Q4 net up lower-than-expected 2.5%; shrs fall May 11, 2012 02:30 PM IST

    Dr Reddy's Q4 net up lower-than-expected 2.5%; shrs fall

    Dr Reddy's Laboratories disappointed the street as fourth quarter consolidated net profit rose lower-than-expected 2.5% year-on-year to Rs 342.70 crore. The pharma major had impairment loss on intangible assets of Rs 104 crore in the quarter.

  • Singapore Airlines seeks tie-ups in India, China May 10, 2012 04:36 PM IST

    Singapore Airlines seeks tie-ups in India, China

    Singapore Airlines (SIA) on Thursday said it is looking for potential partnerships in India and China, a move that could help it stay profitable

  • Jubilant Foodworks Q4 net up 52% YoY to Rs 29 cr May 10, 2012 02:36 PM IST

    Jubilant Foodworks Q4 net up 52% YoY to Rs 29 cr

    Jubilant Foodworks fourth quarter net profit surged 52% year-on-year to Rs 29 crore, as strong sales growth at its Domino's pizza chain, helped offset rising expenses.

  • ArcelorMittal sees higher profits in Q2 after strong start May 10, 2012 11:32 AM IST

    ArcelorMittal sees higher profits in Q2 after strong start

    ArcelorMittal, the world's largest steelmaker, forecast higher profit in the second quarter after surprisingly strong earnings in the first three months of the year.

  • AOL quarterly profit beats Street; display ads dip May 09, 2012 06:10 PM IST

    AOL quarterly profit beats Street; display ads dip

    AOL Inc reported better-than-expected quarterly revenue and profit on Wednesday, although lower premium ad sales in the United States and subscriptions dragged total revenue down.

  • Ranbaxy Q1 net jumps 310% YoY on robust sales, forex gains May 09, 2012 02:30 PM IST

    Ranbaxy Q1 net jumps 310% YoY on robust sales, forex gains

    Pharma major Ranbaxy Wednesday reported a significantly better-than-expected four-fold year-on-year increase in consolidated net profit at Rs 1,247 crore, helped by strong sales growth, higher other income and forex gains.

  • Ceat posts  Rs 41.5 cr profit in Q4 vs Rs 12 cr loss yr ago May 08, 2012 03:48 PM IST

    Ceat posts Rs 41.5 cr profit in Q4 vs Rs 12 cr loss yr ago

    Tyre maker Ceat rode back into the black with a consolidated net profit of Rs 41.5 crore in the fourth quarter, compared with a loss of Rs 12 crore a year ago, helped by good sales growth and softening rubber prices in recent months.

  • NIIT Tech Q4 net falls 8% YoY to Rs 46.2 cr May 04, 2012 03:45 PM IST

    NIIT Tech Q4 net falls 8% YoY to Rs 46.2 cr

    IT solutions provider NIIT Technologies' fourth quarter net profit declined 8% from a year ago to Rs 46.2 crore as the rupee appreciation against major currencies hurt.

  • Info Edge banks on execution to drive growth in FY13 May 03, 2012 02:57 PM IST

    Info Edge banks on execution to drive growth in FY13

    Info Edge saw an extraordinary performance in Q4, overriding estimates and clocking almost a 50% rise in profits.

  • Marico misses estimates; Q4 net falls 3% to Rs 69.70 cr May 03, 2012 02:45 PM IST

    Marico misses estimates; Q4 net falls 3% to Rs 69.70 cr

    FMCG player Marico missed street estimates on Thursday as net profit fell 3% year-on-year to Rs 69.70 crore, due to exceptional gains in the year ago quarter.

  • HUL Q4 net profit up 21%, beats forecast May 01, 2012 03:02 PM IST

    HUL Q4 net profit up 21%, beats forecast

    Hindustan Unilever, the Indian unit of Anglo-Dutch Unilever Plc, beat market forecasts with a 21% jump in quarterly net profit.

  • ICICI Bank sees stable asset quality Apr 27, 2012 02:26 PM IST

    ICICI Bank sees stable asset quality

    ICICI Bank, India's No. 2 lender, expects asset quality to remain stable in the year that began in April, Chief Executive Chanda Kochhar said, adding the pipeline for debt restructuring was minimal.

  • Hexaware Q1 net up 64% YoY, sees 3.4-4.5% Q2 $ rev growth Apr 27, 2012 10:30 AM IST

    Hexaware Q1 net up 64% YoY, sees 3.4-4.5% Q2 $ rev growth

    Software services provider Hexaware Technologies topped street expectations with a 64% year-on-year jump in first quarter net profit at Rs 88.4 crore.

  • Boeing profit up on stronger airliner sales Apr 25, 2012 05:56 PM IST

    Boeing profit up on stronger airliner sales

    Boeing Co, the world's largest aerospace and defence company, posted a higher quarterly net profit on Wednesday, helped by an increase in commercial airplane deliveries, and raised its earnings forecast for the year.

  • Etisalat Q1 profit flat; foreign revenues jump Apr 23, 2012 08:12 PM IST

    Etisalat Q1 profit flat; foreign revenues jump

    Etisalat , the Gulf Arab region's No. 2 telecom operator, reported flat quarterly profit that beat estimates as rising international revenue offset declines at home.

  • US sales boost McDonald's Q1 profit Apr 20, 2012 06:56 PM IST

    US sales boost McDonald's Q1 profit

    McDonald's Corp reported higher quarterly profit on Friday, paced by strong sales at established restaurants in the United States and Europe.

  • Volumes, price hikes to drive FMCG sales up 18-20% in Q4 Apr 20, 2012 05:20 PM IST

    Volumes, price hikes to drive FMCG sales up 18-20% in Q4

    Fast moving consumer goods companies seem to have ridden the economic slowdown quite well, and are expected to report a strong growth in volumes, even as firms hiked some product prices to offset high input costs.

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