Profit

  • Infosys shares jump 5 per cent post Q4 results 15-04-2014 12:54 PM

    Shares of Infosys on Tuesday rose nearly five per cent after the company reported 25 per cent increase in net profit for the quarter ended March 31, 2014. The scrip of the country's second largest software services firm opened the day on a positive note and further gained four per...
  • Infosys Q4 net profit up 24.9 per cent to Rs 2,992 crore 15-04-2014 09:39 AM

    Mumbai: Infosys, India's second largest software services exporter, beat the street by reporting fourth quarter (January-March) net profit at Rs 2,992 crore, up 4 percent compared to previous quarter in FY14. However, revenues fell 1.15 percent to Rs 12,875 crore as against Rs 13,026 crore on sequential basis. Analysts had...
  • Samsung's profit falls as smartphones get cheaper 08-04-2014 05:42 PM

    Seoul: Declining smartphone prices hit profit at Samsung Electronics Co. for a second straight quarter. The consumer technology heavyweight said Tuesday that it expects operating income of about 8.4 trillion won ($8 billion) for the January-March quarter, down 4 per cent from a year earlier. Sales were flat at 53...
  • Microsoft profit beats forecasts, no word on new CEO 24-01-2014 01:46 PM

    Microsoft Corp posted a bigger-than-expected quarterly profit on Thursday, boosted by strong sales of its software and services for businesses, a solid holiday season for its new Xbox game console and Surface tablets, and a slightly lower tax bill. The world's largest software company did not say anything about its...
  • Chinese power firms in India under pressure due to rupee 21-01-2014 01:54 PM

    Chinese power generations companies which rapidly expanded operations in India in recent years are complaining of pressure due to depreciation of rupee and appreciation of China s currency RMB, saying it has eroded their profits. Indian rupee devalued about 20 per cent at one stage in 2013, while the RMB...
  • Infosys Q3 consolidated net profit Rs 2,875 crore, beats expectations 10-01-2014 08:56 AM

    Mumbai: The country's second-largest software services firm, Infosys, on Friday reported a 21.4 per cent increase in net profit to Rs 2,875 crore in the third quarter ended December 31. Profit was Rs 2,369 crore in the same period a year earlier. Revenue rose 25 per cent to Rs 13,026...
  • HTC's fourth-quarter profit below expectations 05-01-2014 02:08 PM

    Taipei: Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain. The company reported net profit of T$0.3 billion ($10 million), compared to a net loss of T$2.97 billion ($99.9 million) in the previous quarter and profit of...
  • Railways profit up by 13 per cent during April-November 10-12-2013 06:03 PM

    Railways have earned Rs 89,339.64 crore during April-November as compared to Rs 78,871.47 crore during the same period last year, registering a jump of 13.27 per cent. The total goods earnings have gone up from Rs 54,482.80 cr during April 1 and November 30, 2012 to Rs 60,150.41 crore during...
  • SBI posts steepest fall in Q2 net profit 13-11-2013 01:29 PM

    State Bank of India (SBI) posted its steepest fall in quarterly net profit in more than two years due to worsening asset quality and a slump in treasury operations. SBI, which accounts for a quarter of the country's loans and deposits, said on Wednesday its net profit fell 35 per...
  • Tata Motors beats analyst's estimates, records 71 per cent Q2 profit 08-11-2013 04:38 PM

    India's biggest automaker by revenue Tata Motors Ltd has beaten analyst estimates by posting a 71 per cent jump in profit, its first quarterly gain in a year, as buoyant sales at luxury unit Jaguar Land Rover Ltd received a lift from new models. Tata Motors, part of the $100...
  • SpiceJet shares fall by 6 per cent post weak Q2 numbers 08-11-2013 01:03 PM

    Shares of low-cost carrier SpiceJet tanked by over 6 per cent on Friday after the company reported a record loss of Rs 559 crore in the quarter ended September, 2013. Reacting to the disappointing numbers that were announced post market hours on Thursday, shares of SpiceJet made a weak opening...
  • Bharti Airtel Q2 net falls 29 per cent on forex losses 30-10-2013 11:11 AM

    Bharti Airtel Ltd reported a 29 per cent fall in quarterly profit on foreign exchange losses, the 15th consecutive quarter of declining profits for the world's No.4 mobile phone carrier by customers. Consolidated net profit fell to 5.12 billion rupees for its fiscal second quarter ended September 30 from 7.21...
  • Maruti Suzuki's quarterly profit triples 28-10-2013 05:46 PM

    India's biggest carmaker Maruti Suzuki India Ltd beat analyst estimates by nearly tripling its quarterly net profit, helped by cost cuts and a positive foreign exchange impact. The profit jumped mainly because Maruti Suzuki India Ltd's Manesar factory suffered a breakdown in labour relations in July last year, which led...
  • Bharti Infratel Q2 net profit rises 12 per cent 28-10-2013 12:00 PM

    Telecommunications tower operator Bharti Infratel Ltd reported on Monday a 12 per cent rise in quarterly profit on higher sales from leasing mobile masts to carriers. Bharti Infratel, majority owned by India's top telecommunications carrier Bharti Airtel Ltd said consolidated net profit rose to 2.77 billion rupees for its fiscal...
  • ICICI Bank Q2 net profit up 20 per cent, beats estimates 25-10-2013 01:50 PM

    ICICI Bank Ltd, India's largest private-sector lender by assets, posted a 20.1 per cent rise in second-quarter profit, beating analyst estimates, led by higher credit growth and income from fees. Net profit for July-September was 23.5 billion rupees compared with 19.6 billion a year earlier, the bank said on Friday....
  • TCS second-quarter profit rises 34 per cent 15-10-2013 04:51 PM

    Bangalore: Tata Consultancy Services, India's largest provider of information technology services, said quarterly profit rose 34 per cent, beating analyst estimates, as the industry benefited from a record haul of new contracts. TCS and rivals such as Infosys Ltd and International Business Machines Corp won $6 billion of contracts, according...
  • Infosys Q2 net profit rises to Rs 2407 cr vs Q1 net profit of Rs 2,374 cr 11-10-2013 09:04 AM

    Mumbai: Bangalore: IT major Infosys on Friday reported a 1.6 per cent rise in consolidated net profit to Rs 2,407 crore for the second quarter ended September 30, 2013, on the back of large deals and increased sales from Big Data and Cloud. The Bangalore-based firm had reported a net...
  • Samsung reports record-high 3Q profit, operating income rose 25 pc 04-10-2013 03:44 PM

    Seoul: Operating profit at Samsung Electronics hit another record high in the July-September quarter, likely driven by robust sales of its cheaper mid-range smartphones in developing countries. The maker of Galaxy smartphones said Friday that its third-quarter operating income rose 25 per cent over a year earlier to 10.1 trillion...
  • China's ICBC posts profit worth USD 22.3 billion 29-08-2013 07:18 PM

    The Industrial and Commercial Bank of China (ICBC), the country's largest lender, posted a profit of 138.5 billion yuan (USD 22.3 billion), registering a year-on-year increase of 12.4 per cent. ICBC's net interest income climbed 5.8 per cent from a year earlier to 215.9 billion yuan while the net fee...
  • Tech Mahindra Q1 net profit up 27 pc at Rs 686.3 crore 12-08-2013 07:44 PM

    Software major Tech Mahindra on Monday reported 27 per cent jump in consolidated net profit at Rs 686.3 crore for the quarter ended June 30, 2013, on the back of growth across verticals like manufacturing and media ~~amp; entertainment. The company's net profit stood at Rs 540.5 crore in the...
  • Air India generates cash surplus of Rs 460 crore in April-June 04-08-2013 11:00 AM

    New Delhi: A series of cost cutting measures and an aggressive marketing strategy have led Air India to generate cash surplus of Rs 460 crore in April-June on the back of a consistent growth trend since last July. The all-round improvement resulted from a strategy that encompassed a review of...
  • Bharti Airtel Q1 net profit down 9.6 pc to Rs 689 crore 31-07-2013 04:46 PM

    New Delhi Telecom major Bharti Airtel on Wednesday reported a 9.6 per cent drop in consolidated net profit to Rs 688.9 crore in the first quarter ended June 30, mainly due to depreciation in the rupee and higher taxes. The company posted a profit of Rs 762.2 crore during the...
  • HCL Technologies profit rises 42 per cent on orders 31-07-2013 11:38 AM

    Bangalore: HCL Technologies Ltd, India's No. 4 IT services exporter, beat expectations with a 41.6 per cent rise in quarterly profit, after order wins boosted earnings. Consolidated net profit for the fiscal fourth quarter ended June 30 rose to 12.1 billion rupees from 8.54 billion rupees a year earlier, HCL...
  • Apple iPhone sales soar in Q3, profit sinks 24-07-2013 11:20 AM

    San Francisco: Sales of Apple Inc's iPhone trumped Wall Street estimates after US shipments soared 51 per cent in the third quarter, lifting its stock 5 per cent even as profit fell. The world's largest technology company said Tuesday that profit fell 22 per cent as gross margins slid below...
  • TCS gains over 5 per cent after earnings beat estimates 19-07-2013 01:20 PM

    Mumbai: Shares in Tata Consultancy Services, India's largest software services exporter, rose as much as 5.75 per cent on Friday, a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook. TCS said consolidated net profit for the quarter ended June 30 rose to Rs 3831 crore...
  • TCS consolidated net jumps 15.5 pc to Rs 3,831 cr in Q1 18-07-2013 06:58 PM

    Mumbai: The country's largest software exporter Tata Consultancy Services on Thursday reported consolidated net profit of Rs 3,831 crore for the June quarter, up 15.5 per cent from Rs 3,318 crore in the same period in 2012. The company's total revenue, under Indian IFRS accounting standards, rose 21 per cent...
  • Sensex ends 282 points up 12-07-2013 09:49 AM

    Mumbai: The BSE benchmark Sensex on Friday rose by over 282 points to close at a fresh six-week high led by gains in IT sector stocks as Infosys surged by 11 per cent on smart first quarter results, while NSE index Nifty crossed the 6,000-mark for the first time in...
  • Infosys Q1 net profit up 3.7 per cent to Rs 2,374 crore 12-07-2013 09:16 AM

    Mumbai: IT major Infosys on Friday reported nearly 4 per cent increase in consolidated net profit to Rs 2,374 crore for the first quarter ended June 30, 2013. The Bangalore-based firm had reported a net profit of Rs 2,289 crore in the year-ago period, it said in a BSE filing....
  • Samsung estimates Q2 record profit, misses forecast as smartphone worries deepen 05-07-2013 12:54 PM

    Seoul: Samsung Electronics Co Ltd missed already modest expectations for its quarterly earnings guidance on Friday, deepening worries that its smartphone business may have peaked, as growth in sales of its blockbuster Galaxy phones begins to wane and new rivals emerge to eat away at its market share. The Galaxy...
  • Citibank India profit grows 41.4 pc to Rs 2,718 cr in 2012-13 03-07-2013 01:55 PM

    New Delhi: Buoyed by robust growth in its commercial banking and mortgage businesses, Citibank India on Monday reported a 41.4 per cent rise in profit after tax for 2012-13 at Rs 2,718 crore. Citi India, part of US-based global banking giant Citibank, also helped Indian clients raise $18 billion from...