Page 43 - Latest Updates on Q4 Results

IT firm Happiest Minds confident to grow in double digits next fiscal

Indian IT companies - both large and medium - are bracing themselves for another uncertain year as the industry is yet to assess the impacts of tariffs on the US economy

Banks set to make treasury gains in Q4 FY25 as bond yields soften

The yield on the 10-year benchmark government bond fell 8 basis points in the previous week - the steepest weekly decline in four months, since November 30, 2024 - to settle at 6.62 per cent

New order inflows in Q4 tepid so far for engineering, capital goods

According to Antique Stock Broking, for February, projects awarded remained flat year-on-year (Y-o-Y) at Rs 56,000 crore

IndusInd Bank CEO confident of Q4 net profit despite derivatives hit

Kathpalia assures strong capital adequacy as promoters reaffirm trust in bank

Walmart Q4 growth: Retail giant leverages Flipkart's Big Billion Days shift

On overall performance, the US-based retail giant said that the company performed well in India

Pace of order inflow, peak margin worries for ABB after strong Q4

Stock vulnerable to valuation downgrades as engineering company's management says growth will revive

ABB India rises 5% as Q4 revenue hits 5-year high, profit zooms 56% YoY

The rise in ABB India share came after the company announced a strong set of results in the fourth quarter of calendar year 2024 (Q4CY24)

PTC Industries freezes at 10% lower circuit post Q3 results

With today's 10% decline at Rs 11,789.05 on the BSE, the stock price of PTCIL corrected 34% from its 52-week high level of Rs 17,978 touched on January 9, 2025.

CME Group's profit rises in Q4 as hedging demand lifts trading volume

Market volatility remained high in the quarter due to tensions in the Middle East, uncertainty around US President Donald Trump's policies and the Federal Reserve's interest-rate cuts

McDonald's sees biggest drop in US sales in Q4 in nearly five years

It fell 1.4 per cent in the US, McDonald's biggest market, its steepest drop since the COVID-19 pandemic almost five years ago when restaurants limited operations to drive-thru and delivery

Varun Beverages Q4 results: Net profit rises over 40% to Rs 185 crore

Revenue from operations rose 39.8 per cent to nearly Rs 3,818 crore, while expenses jumped 41.3 per cent due to an increase in the costs of raw materials

Nasdaq-listed IT major Cognizant targets 6.5-8% growth in Q1 FY25

The Nasdaq-listed firm reported a revenue growth of 6.7 per cent for the fourth quarter

Thomson Reuters Q4 revenue up 5%, raises 2025 organic growth targets

The Toronto-based content and technology company reported quarterly revenue rising 5 per cent to $1.909 billion, slightly ahead of analyst expectations of $1.907 billion

ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT

Global steel giant ArcelorMittal has reduced its loss to USD 390 million during the fourth quarter ended December 31, 2024. In the same quarter of 2023, it had posted USD 2,966 million loss (attributable to equity holders of the parent), the Luxembourg-based company said in a statement. The company follows the January-December financial year. During the full year, the company's net income rose to USD 1,339 million, higher from USD 919 million in January-December 2023. Its crude steel production during the fourth quarter increased marginally to 14 MT, from 13.7 MT in the same period a year ago. In 2024, the production also fell to 57.9 MT, over 58.1 MT in 2023. During the October-December quarter, the total steel shipments stood at 13.5 MT, as against 13.3 MT in 2023. In 2024, shipments fell marginally to 54.3 MT, from 55.6 MT in 2023. Sales in 4Q 2024 were at USD 14,714 million, over USD 14,552 million in 4Q 2023. Sales for the entire year got reduced to USD 62,441 million, fr

Uber's lower Q1 bookings forecast, Q4 profit miss drag down shares

Its total revenue of $11.96 billion also surpassed analysts' average estimate of $11.77 billion

Bunge Q4 profit falls on weak oilseed margins; 2025 outlook weakens

Bunge's agribusiness segment, which represents over 80% of its total revenue, saw adjusted core earnings decline to $364 million in the fourth quarter from $639 million a year earlier

Pfizer beats profit estimates on heart disease drug, Covid vaccine sales

Pfizer is facing investor pressure to show that its recent acquisitions and investments can bring in returns

Exxon reports mixed Q4 results with strong production, weak refining profit

Lower corporate costs also enabled the company to beat profit estimates, said RBC Capital Markets analyst Biraj Borkhataria. Earnings from producing gasoline and diesel were $323 million

Phillips 66 Q4 loss softened by renewable fuels as refining margins fall

On an adjusted basis, the company reported a loss of 15 cents per share in the quarter, compared with the analysts' average estimate of 23 cents loss per share, according to data compiled by LSEG

Samsung warns of slow AI chip sales in Q1, hurt by US curbs on China

Samsung, which started sales of 8-layer and 12-layer HBM3E products in the third quarter, said it planned to launch the improved HBM3E products in March