Page 7 - Earnings

HDFC Bank's Q1 net profit rises 19% to Rs 9,195.99 cr, NII grows 14.5%

The bank's pre-provision operating profit was at Rs 15,367.8 crore in Q1FY23

Auto firms to report muted Q1 earnings on high raw material prices

Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact

Railway brings assets online, to hold e-auction for commercial earning, NFR

These assets will be mapped location-wise on the portal once and the system will remember forever if it is covered for earning or not.

Tata Consumer Products Q4 net profit up three fold to Rs 239 crore

Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March

Credit Suisse posts another quarter of loss, rejigs top team

The Zurich-based bank posted a net loss of 273 million Swiss francs ($284 million), in the first quarter driven by legal expenses

Microsoft shares up by 3.5% after earnings topped analysts' projections

Revenue in the third quarter, which ended March 31, rose 18 per cent to $49.4 billion, the software maker said Tuesday in a statement. Net income rose to $16.7 billion, or $2.22 a share

Big YouTube miss yanks down Alphabet earnings and revenue

The world's largest provider of search and video made a fortune over the last two years as the pandemic forced more shops and people online

Tesla earnings jump over 7 times in first quarter as users pay more

Musk optimistic about overcoming supply issues, foresees a big 2022 production gain

L&T Technology Services net profit grows 35% to Rs 262 crore in Q4

L&T Technology Services on Thursday reported an increase of 34.7 per cent in consolidated net profit to Rs 262 crore for the quarter ended March 2022. The company had posted a net profit of Rs 194.5 crore in the same period a year ago. "We achieved several milestones in FY22 a dollar revenue growth of 20 per cent in constant currency, record high operating margins, and more than three-fold increase in patents filed by our engineers. "Our growth was broad based with all five segments growing in double digits and showing an improvement in operating margins,'' L&T Technology Services (LTTS) CEO and Managing Director Amit Chadha said in a statement. The consolidated revenue from operations grew by about 22 per cent to Rs 1,756.1 crore from Rs 1,440.5 crore in the March 2021 quarter. "...In the fourth quarter, we won a USD 100 million plus deal in the EACV (electric autonomous connected vehicles) space - being chosen as the strategic engineering partner for a new age electric VTOL

Infosys Q4 preview: Will high costs dent margin? What top brokerages expect

Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.

Twitter introduces 'Creator Dashboard' tool to manage earnings on platform

Micro-blogging site Twitter has introduced a new tool for creators called the "Creator Dashboard" to analyze how they make money on the platform

Consumption remains weak

Higher inflation is affecting operating margins

Corporate performance: India Inc's profit rises 27% in third quarter

Analysts see a further downside in earnings in the forthcoming quarters

Mark Zuckerberg risks $24-bn wealth wipeout after Meta misses estimates

Meta's share price was down about 20% in after-hours trading on Wednesday.

Brokerages upgrade estimates on Maruti on new launches, positive guidance

An expected improvement in the availability of semiconductors and robust demand outlook in the passenger vehicle market is also driving the upgrades

Partner earnings rise 11% q-o-q, says Urban Company's earnings index for Q3

Urban Company partners earned an average of Rs 297 per hour, net of commissions, fee and all associated product and travel costs.

Goldman Sachs Q4 profit misses estimates on weak equity trading

Bank earnings have been hurt this quarter by weak trading volumes as the Federal Reserve slowed the pace of its asset purchases after an 18-month period

PV makers to see cumulative earning loss of Rs 2,000 crore in FY22: Icra

The industry is estimated to lose production of 500,000 units at the end of FY22 due to chip crunch

Global trends, Q2 earnings, macro data to drive markets this week: Analysts

Stock-specific movement will be seen as the market is heading for the last batch of Q2 earnings

BMW muscles through global chip shortage with jump in profit

Group earnings before tax surged 50 per cent to 2.9 billion euros ($3.4 billion) in the third quarter, BMW said