New Delhi | May 17, 2013 17:17 (IST)
IT solutions provider NIIT Technologies on Friday reported a 22 per cent increase in its net profit at Rs 56.6 crore for the quarter ended March 31, 2012, backed by all-round growth especially in the travel vertical.
May 17, 2013 13:26 (IST)
ITC, India's biggest cigarette maker, has reported higher than estimated profit for the January to March quarter on account of strong performance by the tobacco vertical and a turnaround in the FMCG sector.
May 17, 2013 10:17 (IST)
India's biggest cigarette maker, ITC may beat Jan-March earnings consensus forecast when it reports results later in the day, according to Thomson Reuters StarMine data.
May 16, 2013 22:44 (IST)
Vedanta Resources today said its offer to buy out government stakes in Hindustan Zinc and Bharat Aluminium Company (Balco) for which it is awaiting the response will be "windfall" for all stakeholders.
May 16, 2013 22:40 (IST)
Gujarat State Fertilisers and Chemicals (GSFC) today reported 75 per cent decline in the net profit at Rs 58.44 crore for the fourth quarter ended March on account of higher expenses.
May 16, 2013 22:36 (IST)
Welspun India, part of the $3.5 billion Welspun Group, today reported a net profit of Rs 53.82 crore for January-March quarter of 2013 against that of Rs 42.42 crore earned in the same period last year.
May 16, 2013 19:23 (IST)
Software services provider Mahindra Satyam's net profit declined by 15 per cent to Rs 454.12 crore for the fourth quarter ended March 31, 2013. Net profit stood at Rs 534.21 crore in the same period last year.
May 16, 2013 17:50 (IST)
Reliance Capital today reported over 19 per cent decline in net profit at Rs 265 crore for the quarter ending March 2013, mainly due to drop in income from operations.
May 16, 2013 17:23 (IST)
Wal-Mart forecast earnings of $1.22 to $1.27 per share for the current second quarter, up from $1.18 a year earlier.
May 16, 2013 16:16 (IST)
Bajaj Auto, India's second-largest motorcycle maker, sounded downbeat on Thursday about domestic demand this year, as Japanese manufacturers race ahead in popularity in the world's second largest motorcycle market.
May 16, 2013 13:40 (IST)
Two-wheeler manufacturer Bajaj Auto on Thursday reported flat sales and profits for the quarter ended March 2013 amid sluggish growth in the auto industry. However, higher than expected margins sent Bajaj Auto's shares higher by as much as 3.5 per cent.
London | May 16, 2013 12:51 (IST)
Vedanta said earnings before interest, tax, depreciation and amortisation for the year to the end of March totaled $4.89 billion, in line with market forecasts.
May 15, 2013 20:20 (IST)
Adani Ports and SEZ today posted 197 per cent increase in its consolidated net profit at Rs 710.31 crore for the fourth quarter ended March, 2013, on account of one-time gain of Rs 420 crore as it divested its holding in Australia's Abbot Point terminal to promoters.
May 15, 2013 20:02 (IST)
IRB Infrastructure Developers, one of the largest domestic road builders on BOT mode, today said its net profit grew by 25.57 per cent to Rs 151.13 crore on consolidated basis for the fourth quarter ended March 31 on the back of improved performance.
May 15, 2013 15:49 (IST)
The flagship firm of Hyderabad-based GVK group had reported a consolidated net loss of Rs 20.88 crore during the corresponding quarter of 2011-12.
San Francisco | May 14, 2013 22:52 (IST)
Dell Inc, mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, a week ahead of schedule.
New Delhi | May 14, 2013 20:41 (IST)
Drug firm Pfizer Ltd posted on Tuesday a 20.91 per cent increase in net profit at Rs 58.16 crore for its fourth quarter that ended on March 31, 2013.
May 14, 2013 16:07 (IST)
The company had posted a net profit of Rs 342.70 crore for the corresponding quarter previous fiscal, the company said in a statement.
May 14, 2013 15:04 (IST)
Commenting on the recent correction in gold prices, Mr Alexander said, "For our customers correction in gold prices doesn't mean they will abandon their loan."
New Delhi | May 14, 2013 14:40 (IST)
The net sales during the quarter also went up by 19.2 per cent to Rs 801.1 crore from Rs 672 crore in the year-ago period, it added.