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Britain's Tesco reports improvements despite sales drop

The company also reported a decline in like-for-like sales, which exclude petrol costs and sales taxes, in key Asian markets due to "external conditions".

Essar Oil UK posts $70 mn profit in FY15

Essar Oil UK is the unlisted subsidiary of Essar Energy Ltd and does not give quarterly earning numbers

Accenture raises full-year revenue forecast for 3rd time

The consulting business accounts for a little more than half of Accenture's total revenue, with its outsourcing unit contributing the rest.

Taro Q4 net income spikes 70% to $152.3 mn

Taro Pharmaceutical Industries's fourth quarter net income grew by 70 percent to USD 152.3 million compared to USD 89.6 million in the year-ago period. Higher revenue, operational performance and forex income helped the bottomline.

OVL posts 57% drop in net profit at Rs 1,904 cr in FY15

The company's net profit in the previous fiscal stood at Rs 4,445 crore, the company said in a statement. The revenue fell by 14.63 per cent to Rs 18,491 crore. OVL produced 5.53 million tonnes of crude oil in 2014-15, marginally higher than 5.48 million tonnes a year ago. Gas output was 16.37 per cent higher at 3.34 billion cubic meters.

Vodafone returns to quarterly sales growth

The world's second largest mobile operator said the rise in fourth-quarter organic service revenue of 0.1 percent, which followed 10 quarters of declines, meant that its overall earnings could also stabilise in 2016.

Singapore Telecom Q4 net profit rises 4.5%

Net profit totalled USD 709.4 million) in the three months to March, compared with 898 million Singapore dollars in the same period last year, Southeast Asia's biggest telecom firm by revenue said in a statement. Revenue rose 5.1 percent to 4.34 billion Singapore dollars from 4.13 billion Singapore dollars.

Profits fell for 1st time in 6 yrs, see '15 rebound: Suzuki

Operating profit of the company dropped 4.4 percent to 179.42 billion yen (USD 1.50 billion) in the year ended March, despite a 22.2 billion yen currency gain as the weaker yen boosted the value of overseas sales.

Toyota sees third straight record profit year

After net profit jumped 19 percent in the year ended March to 2.17 trillion yen (USD 18.1 billion), the world's top-selling automaker said on Friday it expects the profit to rise 3.5 percent this fiscal year to 2.25 trillion yen. That's below the average estimate of 2.44 trillion yen from a Agency survey of 27 analysts.

Rolls-Royce warns of currency impact on revenues this year

The company, which also makes military jet engines, propulsion systems for ships and power systems used by oil and gas firms, said 1,300 people had left so far under a plan that foresees 2,600 job cuts.

Siemens misses profit expectations, cuts more jobs

Profit from Siemens' industrial businesses in the quarter to end-March was 1.7 billion euros (USD 1.9 billion) after 98 million euros in restructuring costs for job cuts. That was below a Reuters poll average of 1.78 billion euros.

ArcelorMittal's net loss widens to 8mn, cuts capex to bn

Net sales of the steel major fell by 13.5 percent to USD 17.12 billion during January-March from USD 19.79 billion in the same quarter last fiscal.

BMW Q1 profits beat as SUV sales take off

Earnings before interest and tax (EBIT) came in at 2.52 billion euros (USD 2.83 billion), above the 2.191 billion euros forecast in a agency poll.

Cognizant revenue rises 20%

The company's net profit rose to USD 382.9 million, or 62 cents per share, for the first quarter ended March 31 from USD 348.9 million, or 57 cents per share, a year earlier.

Cognizant Q1 net up 9.7%; ups revenue forecast for 2015

IT services major Cognizant Monday said its net profit has increased 9.7 percent to USD 382.9 million for the quarter ended March 31, 2015.

Lloyds Q1 profits up 21% as bad debts fall, margins rise

The state-backed lender said on Friday it made a pretax profit before one-off items of 2.2 billion pounds (USD 3.4 billion) for the three months to the end of March, at the top end of expectations, according to a Reuters poll of analysts.

BNP Paribas Q1 profit rises 17.5%

Boosted by firm investment banking activity, France's biggest bank reported net income of 1.648 billion euros (USD 1.83 billion), up from 1.403 in the first three months of 2014.

Nokia's telecom network profit drops in first quarter

Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.

Shell profits beat expectations on refining boost

Shell maintained a dividend of 47 cents per share and said it would use its planned USD 70 billion acquisition of smaller British rival BG Group to further optimise its asset base.

Sony sees FY profit surging on camera sensor sales

Results for the past year were roughly in line with a forecast announced earlier this month.

Twitter closes 18% lower on disappointing report

The 18 percent slide marked Twitter's second-worst day ever, trailing only a 24 percent drop in February 2014. Twitter shares were choppy in extended trading.

Has Samsung's strategy 'reached its limits'?

First quarter net profit fell to 4.626 trillion won (USD 4.34 billion), from 7.574 trillion won a year earlier, as troubles in its mobile division amid cut-throat competition from both Apple and low-cost Chinese manufactures overshadowed success in its chip division.