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  • JPMorgan profit falls 3 pct, but tops view Apr 13, 2012 05:12 PM IST

    JPMorgan profit falls 3 pct, but tops view

    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

  • iGate first quarter revenue misses estimates Apr 13, 2012 04:16 PM IST

    iGate first quarter revenue misses estimates

    Software company iGate reported a better-than-expected quarterly profit, but revenue fell short of estimates, hurt by delays in rolling out new projects.

  • Infosys results: Q4 Net up 27% YoY; shrs tank on poor FY13 $ guidance Apr 13, 2012 09:39 AM IST

    Infosys results: Q4 Net up 27% YoY; shrs tank on poor FY13 $ guidance

    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.

  • RIL's Q4 PAT seen down 24% at Rs 4092.3 cr: MOST Apr 12, 2012 06:35 PM IST

    RIL's Q4 PAT seen down 24% at Rs 4092.3 cr: MOST

    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.

  • Vizag Steel FY12 sales up 26% at Rs 14,457 crore Apr 10, 2012 10:00 PM IST

    Vizag Steel FY12 sales up 26% at Rs 14,457 crore

    Visakhapatnam Steel Plant (VSP) clocked sales of Rs 14,457 crore in 2011-12, a growth of 26% over the last fiscal.

  • Patni Computer Q1 net falls 14% YoY to Rs 153 cr Apr 10, 2012 03:19 PM IST

    Patni Computer Q1 net falls 14% YoY to Rs 153 cr

    Software services provider Patni Computer Systems' first quarter standalone net profit declined near 14% year-on-year to Rs 153 crore as expenses rose.

  • TD Power signs tech transfer agreement with Siemens AG Apr 09, 2012 04:24 PM IST

    TD Power signs tech transfer agreement with Siemens AG

    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.

  • LIC picks up additional 5% in BoB for Rs 1,645 cr Mar 30, 2012 10:00 PM IST

    LIC picks up additional 5% in BoB for Rs 1,645 cr

    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.

  • How AIG will - or won't - generate a bailout profit Mar 28, 2012 10:42 AM IST

    How AIG will - or won't - generate a bailout profit

    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."

  • Central Bank hopeful of maintaining NIM at 2.53% in Q4 Mar 27, 2012 06:36 PM IST

    Central Bank hopeful of maintaining NIM at 2.53% in Q4

    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.

  • Shoppers Stop targets HyperCity breakeven in 2 yrs Mar 23, 2012 12:58 PM IST

    Shoppers Stop targets HyperCity breakeven in 2 yrs

    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.

  • Forex gains boost Strides Arcolab Q4 net to Rs 68.4 cr Feb 27, 2012 03:40 PM IST

    Forex gains boost Strides Arcolab Q4 net to Rs 68.4 cr

    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.

  • What to expect from Tata Motors Q3 results? Feb 14, 2012 09:20 AM IST

    What to expect from Tata Motors Q3 results?

    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.

  • Apollo Tyres Q3 net down 18% on high cost, one-time penalty Feb 09, 2012 03:27 PM IST

    Apollo Tyres Q3 net down 18% on high cost, one-time penalty

    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.

  • Venky's Q3 net slumps 81% on fall in poultry realizations Feb 09, 2012 01:53 PM IST

    Venky's Q3 net slumps 81% on fall in poultry realizations

    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.

  • Jubilant Foodworks net jumps 55%; shares up Feb 08, 2012 03:40 PM IST

    Jubilant Foodworks net jumps 55%; shares up

    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%.

  • HUL to rework strategies in oral care segment Feb 07, 2012 07:10 PM IST

    HUL to rework strategies in oral care segment

    Hindustan Unilever plans to rework strategies in the oral care segment after disappointing third quarter for its products like Closeup and Pepsodent toothpaste.

  • What do analysts make of HUL's Q3 results? Feb 07, 2012 11:19 AM IST

    What do analysts make of HUL's Q3 results?

    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.

  • Expect E&P biz to see good growth in Q4: Bajaj Electricals Feb 06, 2012 04:58 PM IST

    Expect E&P biz to see good growth in Q4: Bajaj Electricals

    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.

  • Volumes, price hike help HUL Q3 net up 18% YoY Feb 06, 2012 01:58 PM IST

    Volumes, price hike help HUL Q3 net up 18% YoY

    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.

  • E&P slowdown drags Bajaj Electricals Q3 net down 19% YoY Feb 06, 2012 01:48 PM IST

    E&P slowdown drags Bajaj Electricals Q3 net down 19% YoY

    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.

  • What to expect from HUL Q3 earnings? Feb 04, 2012 03:07 PM IST

    What to expect from HUL Q3 earnings?

    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.

  • Dr Reddy's Q3 beats street; cons net jumps 88% YoY Feb 03, 2012 03:05 PM IST

    Dr Reddy's Q3 beats street; cons net jumps 88% YoY

    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.

  • Land sale boosts KEC Q3 net up 40%; margins under pressure Jan 31, 2012 05:00 PM IST

    Land sale boosts KEC Q3 net up 40%; margins under pressure

    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).

  • Dabur Q3 cons net up 12% YoY at Rs 172.82 cr Jan 31, 2012 01:51 PM IST

    Dabur Q3 cons net up 12% YoY at Rs 172.82 cr

    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.

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