Mumbai: Kingfisher Airlines has reported a 75 per cent jump in its net loss to Rs 444 crore for the December quarter from a year earlier amid high fuel cost and a weaker rupee, said the company in a statement. The airline which has discontinued operations on its low cost arm Kingfisher Red also saw its revenues drop 5 per cent to Rs 1547 crore. "Steep depreciation of the Indian...
09:56 AM, Feb 16, 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
Mumbai: Despite reporting nearly Rs 40-crore loss in the December quarter due to a 90 per cent spike in fuel costs, no-frills carrier SpiceJet on Monday ruled out increasing fares. "We are not looking at increasing our fares now, as the market dynamics does not allow us that. Also, we are confident of improving earnings going forward, and we hope to improve our revenues further from the 41 per cent...
11:13 PM, Feb 06, 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
Bangalore: Wipro Ltd surprised markets with the resignations of the joint-CEOs of its information technology business, after reporting profit growth rates which lagged rivals Infosys Technologies Ltd and Tata Consultancy Services. India's third-ranked software services exporter said company veteran TK Kurien was taking over as the new chief executive of the unit. "The joint CEO structure was one of the key factors that successfully helped us navigate the worst economic...
11:39 AM, Jan 21, 2011
Mumbai: India's third largest IT software exporter Wipro has announced its results for the quarter ended December 2010. It has reported net profit at Rs 1,319 crore as against Rs 1,276 crore, a growth of 3.4 per cent on quarter-on-quarter basis (QoQ). Consolidated revenues went up to Rs 7,829 crore from Rs 7,731 crore and dollar denominated global IT revenues rose 5.6 per cent to $1.34 billion (QoQ). Global IT...
11:07 AM, Jan 21, 2011
Total revenue rose 25 percent to 65.4 bn rupees, as its IT services business added 31 clients. ...
10:28 AM, Jan 21, 2009
Bajaj Auto plans to launch six new models in 2009 and the degrowth would continue. ...
10:09 PM, Jan 16, 2009
Savings account deposits grew by 32.5 per cent as of December 31, 2008. ...
08:25 PM, Jan 14, 2009
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