Page 4 - Pre-tax Profit

Reliance Jio reports 127% jump in profit before tax to Rs 2,931 crore in Q4

At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential basis and nearly trebled over the year-ago period.

HDFC Life reports 17% decline in pre-tax profit to Rs 284.47 cr in Q4

Net profit also declined 14% on account of loss in investment income and higher provisions.

HDFC Banks' PBT rises 2.5% to Rs 9,174 crore; makes higher provisions

It had reported a pre-tax profit of Rs 8,954.38 crore in the same period last financial year (Q4FY19).

Piramal Enterprises Q3 pre-tax profit up 6.6% to Rs 954 cr

Net profit after tax up 20% to Rs 724 cr, revenues rise 9% to Rs 3,806 cr, Gross NPAs up by 1.8%

Early birds bring little cheer: Key firms post sub-par pre-tax Q3 profit

Pre-tax profit growth second-lowest in seven quarters; net sales growth hits three-year low of 3.3%

Zoho Creator joins global #GivingTuesday campaign; offers $10 million

The app-development platform has committed to offer $10 million-worth Creator Express licenses to non-profits this year

Corporates may see 6% pre-tax profit growth next year: Moody's

Expecting growth to revive next year, Moody's,which over the weekend revised upwards sovereign ratings to Baa2 after almost 14 years, has said a 7.6 per cent GDP expansion can result in corporates reporting a pre-tax profit growth of 5-6 per cent over the next 12-18 months. According to the rating agency, growth will "rebound strongly in 2018 because the supply chain disruptions of 2017 will end soon". "An economic growth of around 7.6 per cent will result in higher sales volumes, which along with new production capacity and benign commodity prices will support an Ebitda (earnings before interest, taxes, depreciation and amortisation) growth of 5-6 per cent over next 12 to 18 months," Moody's said. While noting that credit profile of corporate will continue to improve on healthy earnings growth, underpinned by solid economic growth and increased production capacity, Moody's said consolidation in oil & gas, telecom and steel sectors would affect credit quality in ...