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4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
2 mins read
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
1 min read
LTIMindtree Q2 net profit declines as profit margin contracts
The country's sixth biggest IT services company by revenues, LTIMindtree, reported a decline in Sep…
PTI
1 min read
Infosys net profit declines 7.3% to ₹6,106 crore in Q3
IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…
PTI
1 min read
Bajaj Electricals Q2 2023-24 profit decline by 56% to Rs 27.3 crore
Its net sales declined 3.76 per cent to Rs 1,107.40 crore in the second quarter of the current …
PTI
2 mins read
External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
1 min read
Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales
The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …
PTI
2 mins read
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…
Matthew Fox
2 mins read
Sensex declines 352 points on profit taking, weak global trends
Closing in the red for the second straight session, benchmark Sensex on Monday declined 352 points …
PTI
2 mins read
Hindustan Zinc Q3 net profit falls to Rs 2,028 crore
On a quarter-on-quarter (q-o-q) basis, the company's profit grew 17 per cent as against Rs 1,72…
PTI
2 mins read
Price drops hurt Marico in Q1 as revenue declines 3% despite volume growth; recovery likely by H2
FMCG major Marico reported a 15% growth in Q1 net profit to ₹436 crore as compared to ₹377 crore in…
1 min read
BoB Q2 net profit jumps 28% to ₹4,253 crore
Bank of Baroda (BoB) on Saturday reported a 28 per cent rise in its net profit to Rs 4,253 crore fo…
PTI
1 min read
Central Bank of India logs Rs.717 crore net profit for Q3
Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…
2 mins read
Trump's NY fraud judge declines to recuse himself over 'nothingburger' hallway conversation
Trump's lawyers had said Judge Arthur Engoron improperly spoke about the case outside the courtroom…
Laura Italiano
1 min read
SBI posts 9.13% rise in consolidated net profit to Rs 16,099 crore in Q2
On a standalone basis, it posted a net profit of Rs 14,330.02 crore as against Rs 13,264.52 cro…
PTI
1 min read
TVS Motor Q3 net profit rises 59% to ₹479 crore
TVS Motor Company on Wednesday reported a 59 per cent increase in its consolidated net profit to Rs…
PTI
1 min read
Canara Bank posts 27% jump in net profit for Oct-Dec quarter
Canara Bank on Wednesday reported a 26.87% increase in net profit to Rs 3,656 crore for the October…
1 min read
Axis Bank Q3 net profit rises to ₹6,071 crore
rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …
PTI
3 mins read
Airtel posts 54% rise in net profit to ₹2,442 crore in Q3
Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in…
PTI
1 min read
Jubilant Foodworks' net profit declines 74% YoY but revenue rises in first quarter
Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts, on…