Page 118 - Q1 Results

Ambuja Cements net profit slumps 30.26% to Rs 856.46 crore in Q1

The consolidated result of Ambuja Cements also includes the financial performance of its step-down firm ACC Ltd

Boeing posts $1.2 billion loss in first quarter on massive write-downs

The loss was bigger than Wall Street had forecast, and the company's quarterly revenue also fell short of expectations

Mahindra CIE surges 13% on stable operational performance in March quarter

In Q1, standalone EBITDA margin improved 310 basis points (bps) to 15.5 per cent from 12 per cent in Q4.

Hyundai Motor's Q1 tops forecast as weak won helps global sales

Sales climbed 11 per cent from a year earlier to 30.3 trillion won, higher than forecast thanks to robust sales of sport utility vehicles and Genesis luxury models

Nestle India Q1 net profit slips 1.25% to Rs 594.71 cr; net sales up 9.74%

FMCG major Nestle India Ltd on Thursday reported a 1.25 per cent decline in its net profit to Rs 594.71 crore for the first quarter ended March 2022. The company, which follows January-December financial year, had posted a profit of Rs 602.25 crore in the same period a year ago, Nestle said in a BSE filing. However, Nestle India's net sales increased 9.74 per cent to Rs 3,950.90 crore during the quarter against Rs 3,600.20 crore in the corresponding period last fiscal, the company added. Its total expenses in the January-March quarter rose 12.98 per cent to Rs 3,195.90 crore compared to Rs 2,828.61 crore a year ago. Nestle India's domestic sales surged 10.23 per cent to Rs 3,794.26 crore from Rs 3,442.03 crore in the January-March quarter of 2021. Its exports were marginally down by 0.96 per cent at Rs 156.64 crore against Rs 158.17 crore in the year-ago quarter. Shares of Nestle India Ltd were trading at Rs 18,089.60 apiece on BSE in the mid-session, up 1.22 per cent from its ..

Nestle Q1 growth beats expectations thanks to strong price increases

Nestle group sales reached 22.2 billion Swiss francs, versus a 21.7-billion-franc estimate in the poll.

LinkedIn most likely to be imitated in phishing attempts in Q1: Report

According to cybersecurity firm Check Point, the report highlighted the brands that hackers most often imitated in the first three months of this year

ACC Q1 net profit dips 29.5% to Rs 396 cr, revenue rises 3% to Rs 4,426 cr

The company, which follows the January-December financial year cycle, had posted a profit of Rs 562.59 crore in the same period a year ago, said ACC

L&T Infotech's March quarter profit jumps 17% to Rs 637.5 crore

IT company Larsen & Toubro Infotech on Tuesday reported a 16.8 per cent increase in consolidated profit at Rs 637.5 crore in the quarter ended March. The company had recorded a consolidated profit of Rs 545.2 crore in the same period a year ago. The revenue from operations increased by 31.57 per cent to Rs 4,301.6 crore during the reported quarter. The same stood at Rs 3,269.4 crore in the year-ago period. For the year ended March 31, 2022, L&T Infotech recorded an 18.63 per cent rise in consolidated profit at Rs 2,296.8 crore. In the year-ago period, it was at Rs 1,936.1 crore. The company's annual income from operations grew 26.66 per cent to Rs 15,668.7 crore in the last fiscal compared to Rs 12,369.8 crore in 2020-21.

Bank of America beats Q1 profit estimates on strength in consumer lending

The bank reported a 9% rise in consumer banking revenue to $8.8 billion in the quarter ended March

Walt Disney regains magic with surge in subscriber adds, park visits

The big surprise was new subscriptions to Disney+, which came in at 11.8 million, above the 8.17 million that Wall Street had projected

HDFC AMC Q1 profit up 2% at Rs 344.5 cr; Birla AMC rises 38% to Rs 173 cr

HDFC AMC's operating profit stood at Rs 395.4 crore as compared to Rs 349.1 crore in the quarter ended September 2020

S&P sees indications of strong rebound in Indian economy after Q1

S&P retains 9.5% FY22 growth projection for India

Accenture expects strong Q1 as Delta variant delays return-to-work plans

Accenture expects current-quarter revenue to come in between $13.90 bn and $14.35 bn, topping Wall Street estimates of $13.51 bn, according to Refinitiv IBES data

NBFC loans report strong 37.6% growth, banks still on single-digit

Non-bank firms' sanctions are, however, still half of pre-pandemic level

Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA

Apr-Jul fiscal deficit narrows to 9-year low, reaches 21.3% of FY22 target

Non-tax revenues such as dividends from RBI and public sector banks yielded Rs 1.39 trillion

Equities to retain P/E premium over EM peers, says Credit Suisse

The medium-term outlook for equities remains positive but some caution is warranted in the short term, the brokerage said

Pharma companies lead topline growth in Q1FY22: ICICI Direct Research

Corporate earnings for April-June were robust despite the second wave of Covid-19 and a report by ICICI Direct Research showed that topline growth during quarter was led by pharmaceutical companies

Coal India's capex growth zooms twofold to Rs 1,840 crore in Q1

State-owned CIL on Friday said its capital expenditure jumped more than twofold to Rs 1,840 crore in the first quarter of 2021-22 compared to Rs 844 crore in the year-ago quarter.