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Electrification and automation major ABB India on Friday posted an 11 per cent rise in net profit to Rs 440 crore in the September quarter compared to the year-ago period, driven by higher revenues. The company follows a January-December fiscal year. The net profit was Rs 398 crore in the quarter ended on September 30, 2025, an exchange filing showed. Revenues from operations rose to Rs 3,738 crore in the quarter from Rs 3,130 crore in the same period a year ago. ABB India Managing Director Sanjeev Sharma said, "We delivered a strong third quarter, with record Q3 orders, revenue growth and a healthy backlog reflecting continued customer confidence in ABB's technology and solutions." He stated that the demand remained broad-based across industries, supported by investments in productivity, energy efficiency and sustainable growth. Looking ahead, he stated that India's structural growth drivers in industrialisation, electrification, digitalisation and the energy transition continue
Majority state-owned oil company Saudi Aramco on Tuesday reported a 35 per cent increase in third-quarter net profit as earnings were boosted by higher oil prices and the sale of its stake in a Malaysian refining and petrochemical company. Net profit rose to USD 36.3 billion from USD 26.9 billion in the year-earlier quarter. Adjusted net profit, which leaves out the sale of a stake in PRefChem to Malaysian state oil company Petronas, rose 9 per cent to USD 31.2 billion. The company also benefitted from high profit margins at its refineries turning crude into useable products such as diesel fuel. Saudi Aramco sold its oil for an average of USD 95.20 a barrel during the quarter, compared to USD 70.10 in the year-before quarter, the company said in a news release. Oil prices surged after the outbreak of the Iran war due to disruption of supply and uncertainty about the course of the conflict. After the war began in February, Saudi Aramco was able to use its East-West pipeline to the R
Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Friday reported a 13.54 per cent on-year increase in consolidated net profit at Rs 830.6 crore for the September quarter of 2026, driven by double-digit volume growth in India and international markets. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 731.51 crore in the July-September quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). Revenue from operations was up 33.3 per cent to Rs 6,815.58 crore in the September quarter of 2026. It stood at Rs 5,112.43 crore in the corresponding quarter of the last year. Total expenses of VBL were up 35.77 per cent to Rs 5,880.55 crore in the September quarter. VBL's total consolidated income, which includes other income, in the September quarter was at Rs 6,935.44 crore, up 31.85 per cent. On a standalone basis, which primarily includes India sales, VBL's revenue from operations was up 24.75 per cent
Accenture, an IT services and consulting company with a significant workforce in India, on Thursday reported a net income of USD 2.39 billion in the March-May quarter, up from USD 2.24 billion in the year-ago period. Accenture follows a September-August financial year, making March-May the third quarter of FY26. The Dublin, Ireland-headquartered firm reported a revenue of USD 18.7 billion in the quarter ended May. It had reported a revenue of USD 17.7 billion in the same period of the previous fiscal year. The firm recorded new bookings totalling USD 19.3 billion during the quarter under review, as compared to USD 19.7 billion in Q3 FY25. "Demand for large-scale reinvention remains strong -- 104 quarterly client bookings of USD 100 million or more year-to-date, up 13 per cent -- and we are seeing more large-scale AI transformation programmes while executing our strategy to capture new areas of growth," Accenture Chair and CEO Julie Sweet said.