New Delhi: State-owned Coal India (CIL) on Monday reported a 4.9 per cent dip in consolidated net profit at Rs 4,013 crore for the fourth quarter ended March 31, due to higher staff expenses. The company clocked a net profit of Rs 4,220 crore during January-March quarter of FY 2010-11, the company said in a filing to BSE. The income from operations of the public sector firm for the quarter,...
07:02 PM, May 28, 2012
Mumbai: India's largest lender State Bank of India (SBI) on Friday reported a forecast beating net profit of Rs 4,050 crore for the fourth quarter (Jan-March) of FY12 as against Rs 21 crore a year ago, aided by higher interest income and lower provisioning for non-performing loans. Analysts on an average had expected profit at Rs 3,580 crore. However, the exponential year-on-year jump in its net profit is not comparable....
01:36 PM, May 18, 2012
San Francisco: Facebook Inc reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO. The company blamed the first-quarter decline, which surprised some on Wall Street, on seasonal advertising trends. "It was a faster slowdown than we would have guessed," said Brian Wieser, an analyst with...
03:49 AM, Apr 24, 2012
Infosys, the country's second largest software services exporter has come out with its fourth quarter FY12 numbers on Friday. It has disappointed the street by its revenues and EBIT, though profits came in slightly higher than expectations. Even the company missed its guidance for its earnings per share. The company's net profit was of Rs 2,316 crore for the fourth quarter of FY12, a fall of 2.36 per cent QoQ....
10:24 AM, Apr 13, 2012
Mumbai: Tata Motors on Tuesday reported 40.51 per cent jump in consolidated net profit to Rs 3,406 crore for the quarter ended December 31, 2011. The company had posted a net profit of Rs 2,424 crore in the corresponding period last financial year, Tata Motors said in a statement. The consolidated revenue during the third quarter also increased by 43.95 per cent to Rs 45,260 crore from Rs 31,442 crore...
06:51 PM, Feb 14, 2012
New Delhi: Reliance Communications reported its 10th straight quarter of declining profit as interest costs soared, with investors betting on a sale of the No 2 mobile operator's tower business to pare its heavy debt load. Reliance Communications, which last month secured $1.18 billion loans from Chinese banks to redeem dollar bonds, has long been trying to sell assets to cut its debt -- $6.9 billion as of December --...
01:24 AM, Feb 11, 2012
Mumbai: Third largest (among listed companies) software services provider Wipro has reported a consolidated net profit of Rs 1,456 crore in the third quarter of FY12, a growth of 12 per cent as compared to Rs 1,299.9 crore in the previous quarter. Consolidated revenue jumped 11 per cent to Rs 9,997 crore from Rs 9,007 crore quarter-on-quarter. Numbers were better than analysts' expectations; CNBC-TV18 poll had expected revenues at Rs...
08:58 AM, Jan 20, 2012
Mumbai: HDFC Bank on Thursday reported a 31 per cent growth in its net profit at Rs 1,429.66 crore for the December quarter, mainly on account of increase in interest income and lower provisioning for bad loans. The bank's net profit in the October-December 2010 was Rs 1,087.83 crore. During the quarter, net interest income of the bank rose 12 per cent y-o-y to Rs 3,116 crore, HDFC Bank said...
06:49 PM, Jan 19, 2012
Hyderabad: Software services exporter Mahindra Satyam warned on Thursday the euro zone debt crisis could dent demand for outsourcing, after beating estimates with a more than 10-fold jump in its quarterly profit. Europe is the largest market after the United States for India's $ 76 billion information technology industry that gets more than 90 per cent of its revenue from providing services such as developing software applications and managing call...
03:08 PM, Nov 10, 2011
New Delhi: India's top mobile phone carrier Bharti Airtel on Friday reported a bigger-than-expected 38 per cent fall in fiscal second-quarter profit, its seventh straight quarterly profit drop, hit by higher interest costs and foreign exchange losses. Bharti, nearly a third owned by Southeast Asia's biggest phone firm SingTel, said consolidated net profit fell to $ 210 million for its fiscal second quarter ended September from Rs 16.61 billion a...
01:18 PM, Nov 04, 2011
Mumbai: Shares of broadcasting firm Sun TV Network surged by nearly 7 per cent in morning trade on the bourses on Friday after the company reported an 8 per cent rise in consolidated net profit for the September quarter. In the last two days, the stock has gained over 12 per cent. Sun TV was on an uptrend on Friday ahead of its second quarter results and today, the market...
12:10 PM, Nov 04, 2011
Mumbai: Shares of Maruti Suzuki tanked by over 6 per cent in morning trade on the bourses on Monday after the leading car-maker reported a nearly 60 per cent fall in September quarter net profit. On Saturday, Maruti Suzuki posted a 59.81 per cent fall in net profit to Rs 240.44 crore for the September quarter, which was mainly due to production cuts at its Manesar plant because of labour...
11:16 AM, Oct 31, 2011
Mumbai: Software exporter Wipro on Monday reported a growth of 1.24 per cent in consolidated net profit to Rs 1,300.9 crore for the quarter ended September 30, 2011. Last year, the company had posted a net profit of Rs 1,284.9 crore for the second quarter, as per international accounting standards. Net income from sales during the reporting quarter stood at Rs 9,094.5 crore, as against Rs 7,730.5 crore in Q2,...
08:53 AM, Oct 31, 2011
New Delhi: The country's largest car-maker Maruti Suzuki India on Saturday reported 59.81 per cent fall in net profit at Rs 240.44 crore for the quarter ended September 30, mainly due to production loss at Manesar because of labour unrest. The company's board, meanwhile, has approved to purchase land in Gujarat to set up manufacturing facilities. The company had posted a net profit of Rs 598.24 crore in the same...
02:57 PM, Oct 29, 2011
Mumbai: Country's largest software exporter TCS on Monday reported a 6.1 per cent jump in the profit for the September quarter at Rs 2,301 crore and gave a "bight" outlook on the back of a good order book even though macro environment continues to be uncertain. The Tata Group company's profit for the corresponding period last fiscal was Rs 2,169 crore. Revenue for the period under review grew a robust...
10:51 PM, Oct 17, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
