April 25, 2015 15:58 (IST)
UltraTech Cement on Saturday reported a 24 per cent dip in consolidated net profit at Rs 657.2 crore for the fourth quarter of fiscal year 2014-15, mainly on account of a penalty imposed by the Competition Commission of India (CCI) on cartelisation charges.
April 25, 2015 00:38 (IST)
Infosys Ltd, India's second largest software services exporter, on Friday posted a quarterly net profit that lagged most analyst expectations, dampening hopes of a quick turnaround after top management changes.
April 24, 2015 16:41 (IST)
The company had reported a net profit of Rs 4.26 crore in the corresponding quarter of FY14, SSWL said in a regulatory filing.
Mumbai | April 24, 2015 16:20 (IST)
Infosys, once seen as the bellwether of India's about $150 billion IT services industry, has in recent years struggled to innovate and retain market share due to a staff exodus that impacted its ability to win lucrative deals.
April 24, 2015 15:23 (IST)
Infosys, India's second largest IT outsourcer, on Friday reported a net profit of Rs 3,097 crore on sales of Rs 13,411 crore for the March quarter, missing Street estimates.
April 24, 2015 14:32 (IST)
Sanjeev Hota of Sharekhan told NDTV that Infosys Q4 is a miss on revenue and profitability, but its guidance is better than expected.
April 24, 2015 10:10 (IST)
Infosys Q4 earnings will be keenly tracked by investors left disappointed by quarterly numbers of other frontline IT companies such as TCS, HCL Tech and Wipro. Infosys, traditionally the first major company to report earnings in the country, had earlier said it will report its Q4 in the third week of April, in a break from the past.
April 24, 2015 08:31 (IST)
The rising dollar took a toll on results at Google, which generates about half of its revenue overseas.
April 24, 2015 07:30 (IST)
The company said its commercial cloud-related revenue for the quarter more than doubled.
April 24, 2015 07:24 (IST)
Amazon shares rose $26.01 to $416 in extended trading, after closing slightly higher at $389.99 on Nasdaq.
April 23, 2015 23:58 (IST)
Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) on Thursday reported a 9 per cent rise in net profit at Rs 367 crore for the last quarter of financial year 2014-15.
April 23, 2015 23:43 (IST)
General Motors Co on Thursday posted a weaker-than-expected quarterly profit as weakness in South America and Russia hurt demand and the company's tax rate came in higher than expected.
April 23, 2015 21:07 (IST)
For the full fiscal, the financial services of the engineering major L&T reported a 23 per cent growth in consolidated profit at Rs 736 crore.
April 23, 2015 21:02 (IST)
Cairn India on Thursday reported its biggest loss of Rs 241 crore in the fourth quarter that ended on March 31, mainly on account of a one-time impairment loss in Sri Lanka, low oil prices and loss due to foreign exchange.
April 23, 2015 19:21 (IST)
The Chennai-based firm had posted a net profit of Rs 170.87 crore for the same period in previous fiscal.
April 23, 2015 17:13 (IST)
Commenting on the results, SKF India Managing Director and Country Head Shishir Joshipura said the challenges in the economy remained unaltered pushing businesses to find optimised ways of working.
April 23, 2015 15:56 (IST)
India's largest private sector lender by market capitalisation HDFC Bank delivered another quarter of strong earnings for the January-March quarter.
April 23, 2015 07:47 (IST)
Facebook said revenue rose to $3.54 billion from $2.50 billion. Revenue from advertising was $3.32 billion, up 46 per cent from a year earlier.
April 22, 2015 16:01 (IST)
Gross non-performing assets of Yes Bank came in at 0.41 per cent of total advances, compared to 0.42 per cent in the December quarter. However, its net non-performing assets as a percentage of total advances deteriorated to 0.12 per cent against 0.10 per cent sequentially.
April 22, 2015 12:10 (IST)
Yes Bank has been maintaining strong loan growth in the past which is above the industry growth rate. Analysts expect Yes Bank to maintain the same growth trend in this quarter as well and loan growth is expected to advance by 28 per cent in the Q4.