Page 8 - Earnings

Ford India's revenue to reduce to less than a fourth in FY22: India Ratings

The firm has indicated that its near-term operational performance would likely be in line with initial FY20 earnings. During the year, it had a revenue of Rs 2,052 cr

Steel sector outlook revised to positive on continued earnings uptick: Icra

Given the strong earnings growth and capex curtailments following the pandemic-related uncertainty, steelmakers started to aggressively deleverage since the second quarter of FY2021

Edtech decacorn Byju's FY20 revenue up 81% to Rs 2,434 cr, profit rose 152%

Byju's is on an acquisition spree, amf has spent over $2 bn to buy six companies in India and the US this year

Gland Pharma shares rally over 9%; at 52-week high after Q1 earnings

Shares of Gland Pharma on Thursday jumped over 9 per cent after the company reported an 11.83 per cent increase in its consolidated net profit for the quarter ended June 30, 2021.

Q1 earnings to guide equity markets in holiday-shortened week say analysts

The first quarter earnings season will dictate the trend in the equity markets in this holiday-shortened week amid absence of major macroeconomic drivers, say analysts.

Asian shares edge lower as investors look past upbeat tech earnings

Asian shares headed lower on Friday as profit-taking in Taiwanese chip giant TSMC, despite record profits, weighed on other tech firms and broader risk sentiment

ONGC's improved earnings outlook for 12-18 months to support deleveraging

The rating agency has revised Brent crude oil price expectations for the rest of 2021 to $65 per barrel from $60 per barrel earlier

SME will be fastest-growing segment over next 3-5 years: HDFC Bank CEO

On the client side, the bank is largely comfortable as 85 per cent of retail customers work with companies rated and above , where job losses have been low

Toothpaste firm's numbers show India Inc profits won't survive costs, Covid

Consumers won't stop brushing their teeth, but they will look for cheaper ways to do so.

L&T's Q4 revenue expected to grow on the back of higher execution

Rising commodity prices may weigh on profitability

Alibaba aims to report strong financial earnings, after $260 billion slide

Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.

ArcelorMittal Nippon Steel India clocks 188% jump in Ebitda to $403 million

While announcing the earnings, which was the best in a decade for ArcelorMittal, the company said in the 1Q21, AM­NS India achieved solid production, annualising at 7.3 million tonnes (Mt)

Recently downgraded India under Asian Model Portfolio: Manishi Raychaudhuri

The head of Asia-Pacific equity research at BNP Paribas says a renewed slowdown in consumption and some service sectors can lead to consensus downgrades to Indian earnings estimates

IRB Infrastructure Developers rallies 9% on winning two new PPP projects

The total order book of the company stands at Rs 14,509 crore, including construction order book of Rs 7,583 crore

TVS Motor shares zoomed over 11% riding on 84.7% rise in Q3 earnings

TVS Motor Company on Thursday reported a 84.7 per cent increase in consolidated net profit at Rs 289.69 crore for the third quarter ended December, riding on the back of higher sales

Nifty P/E up 20%; discretionary, energy stocks see maximum expansion

Utilities and public sector banks are the two only pockets to see contraction in P/E

Nifty50's earnings per share rises 8% in 10 days after falling for 2 qtrs

Though the swing was largely because of external factors and exceptional gains and losses, it boosted the index's headline earnings and EPS

Early bird results show unlocking gains, net profit of 104 firms rises 9.8%

Cement makers and metal producers clearly show the impact of an uptick in prices of their products and a fall in costs boosting their profitability

Earnings decline slows Nifty run after rallying nearly 50% from March lows

Index has rallied close to 50% from its March lows even as underlying EPS has fallen about 20%

Godrej Agrovet's Q1 consolidated net profit rises 29.65% to Rs 100.6 cr

The company had posted a net profit of Rs 77.58 crore in the year-ago period, according to the regulatory filing