Apr 13, 2012 05:12 PM IST
JPMorgan Chase & Co first-quarter profit fell 3% as recent recoveries in trading and deal-making failed to lift investment banking revenue to earlier levels. But results still beat Wall Street expectations
- Apr 13, 2012 04:16 PM IST
Software company iGate reported a better-than-expected quarterly profit, but revenue fell short of estimates, hurt by delays in rolling out new projects.
- Apr 13, 2012 09:39 AM IST
India's second largest software services provider Infosys reported a 27% year-on-year growth in net profit for the fourth quarter, but forecast much lower-than-expected US dollar revenue growth for FY13, warning the year remained challenging due to slower growth in the global economy.
- Apr 12, 2012 06:35 PM IST
Motilal Oswal has come out with its earnings estimates on Reliance Industries for March quarter FY12. According to the research firm, the company's Q4FY12 sales are likely to go up by 28.5% at Rs 93400 crore, Year-on-Year (YoY) basis.
- Apr 10, 2012 10:00 PM IST
Visakhapatnam Steel Plant (VSP) clocked sales of Rs 14,457 crore in 2011-12, a growth of 26% over the last fiscal.
- Apr 10, 2012 03:19 PM IST
Software services provider Patni Computer Systems' first quarter standalone net profit declined near 14% year-on-year to Rs 153 crore as expenses rose.
- Apr 09, 2012 04:24 PM IST
In an interview to CNBC-TV18, Nikhil Kumar, joint managing director, TD Power Systems Ltd says that post Siemens AG agreement the company plans to capture a decent market share.
- Mar 30, 2012 10:00 PM IST
The third largest state-run lender Bank of Baroda today alloted 1.96 equity shares, aggregating 5% of its equity capital, to Life Insurance Corporation (LIC) via a preferential allotment, raising Rs 1,645 crore, as part of its recapitilisation by the Centre.
- Mar 28, 2012 10:42 AM IST
CEO Bob Benmosche says US taxpayers will earn up to USD 10 billion on the USD 182 billion rescue of American International Group, the insurance company he runs. Of course, that depends on how one defines "profit."
- Mar 27, 2012 06:36 PM IST
The city-based public sector lender Central Bank of India (CBI) is hopeful of maintaining its Net Interest Margin (NIM) at the current level of around 2.53% in the current quarter, a top bank official said. However, the official said the bank may not see drastic changes in the non-performing asset (NPA) quality during January-March quarter.
- Mar 23, 2012 12:58 PM IST
Department store operator Shoppers Stop now expects its food and grocery chain HyperCity will break-even at the EBTIDA (earnings before interest, taxes, depreciation and amortization) level in two years and likely post net profit a year after that.
- Feb 27, 2012 03:40 PM IST
Pharma company Strides Arcolab's consolidated net profit for the fourth quarter jumped to Rs 68.4 crore from Rs 2.3 crore a year ago, helped by strong sales growth and exceptional foreign exchange gains.
- Feb 14, 2012 09:20 AM IST
Strong demand for luxury Land Rover sports utility vehicles overseas, continued momentum for light commercial vehicles and rebound in sales of its passenger vehicles in the domestic market are expected to power Tata Motors' earnings in the third quarter.
- Feb 09, 2012 03:27 PM IST
Apollo Tyres’ net profit for the third quarter fell higher-than-expected 18% year-on-year to Rs 98 crore, hurt by high raw material costs and one-time penalty on its South African subsidiary.
- Feb 09, 2012 01:53 PM IST
Venky's India's third quarter net profit plunged 81% year-on-year to Rs 2.93 crore as over-production in industry hurt realizations in its poultry and poultry products business. Rise in input costs also further added to pressures.
- Feb 08, 2012 03:40 PM IST
India's Jubilant Foodworks , which runs the Dominos Pizza chain in the country, posted a forecast-beating 55% jump in quarterly profit on robust demand and store launches, beating estimates and sending its shares up more than 5%.
- Feb 07, 2012 07:10 PM IST
Hindustan Unilever plans to rework strategies in the oral care segment after disappointing third quarter for its products like Closeup and Pepsodent toothpaste.
- Feb 07, 2012 11:19 AM IST
Hindustan Unilever shares slipped further 2% on Tuesday, having closed down over 3% on Monday, despite strong earnings growth in the third quarter as investors were concerned whether it would be able to sustain its volume growth going ahead amid increasing competition and price hikes.
- Feb 06, 2012 04:58 PM IST
Bajaj Electricals expects a pickup in growth in the engineering and projects business in the fourth quarter helped by faster project clearances by the government.
- Feb 06, 2012 01:58 PM IST
Hindustan Unilever's third quarter net profit rose 18% year-on-year to Rs 753 crore, helped by price hikes taken during the quarter and about 9% growth in volumes.
- Feb 06, 2012 01:48 PM IST
Bajaj Electricals third quarter net profit declined 19% year-on-year to Rs 32.84 crore due to a sharp fall in earnings in its engineering and projects (E&P) division.
- Feb 04, 2012 03:07 PM IST
India's largest fast moving consumer goods company Hindustan Unilever is expected to report a robust set of numbers for October-December, helped by staggered price hikes across its categories. The company reports third quarter results on Monday.
- Feb 03, 2012 03:05 PM IST
Dr Reddy's Laboratories reported a better-than-expected 88% year-on-year rise in third quarter net profit at Rs 513 crore, helped by new high margin drug launches and foreign exchange gains.
- Jan 31, 2012 05:00 PM IST
KEC International's consolidated net profit for the third quarter rose 40% year-on-year to Rs 81 crore, helped by one time gain from sale of a land in Navi Mumbai. However, margin pressure remained during the quarter and that hurt EBITDA (earnings before interest, taxes, depreciation and amortization).
- Jan 31, 2012 01:51 PM IST
Dabur India's third quarter net profit rose 12% from a year ago to Rs 172.82 crore, as good uptick in sales offset surge in expenses.