Tag: profit
IREDA Q4 PAT up 33% YoY with rise in income
The finance cost of the non-banking financial company rose in tandem with the revenue to ₹847 crore. Loan disbursement in the quarter was ₹12,869.35 crore up around 14% from the corresponding period last year.
Wipro ADRs jump 4% despite Q4 PAT decline, softer guidance
Wipro’s revenue from operations in the reporting period declined 4% YoY to Rs 22,208 crore, compared with Rs 23,190 crore in the corresponding period of last year.
Infosys Q4 Earnings: Profit Jumps 30% YoY, Goldman Sachs Cuts TP
Infosys (NS:INFY) announced a robust performance for Q4 FY24, with a net profit of INR 7,975 crore, marking a significant 30% YoY increase. Despite challenges, the company reported a 1.3% YoY growth in revenue, reaching INR 37,923 crore.
Nissan cuts annual operating profit estimate by 14.5% on lower sales
TOKYO (Reuters) -Nissan Motor slashed its annual operating profit estimate by 14.5% on Friday, citing lower-than-expected vehicle sales and other factors.
Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million
Profit climbed to ₹7,969 crore in the March quarter, beating ET\’s poll of ₹6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India\’s technology bellwether.
HDFC Life Q4 net profit up 15% on strong renewals
During the same quarter, in the previous year, the company had reported a profit of ₹358 crore. The insurer generated 18% growth in back-book surplus during the year.
Netflix beats expectations on profit and subscribers
The leading streaming television service said it gained 9.3 million subscribers in the recently ended quarter, raising the total to 269.6 million.
HDFC Bank Q4 Result Preview: Profit seen rising over 50% YoY; asset quality stable
HDFC Bank Q4 Result Preview: HDFC Bank likely to post strong YoY net profit growth for March 2024 quarter, supported by treasury income gains. Earnings release is expected to reveal increased net interest income, deposit mobilization focus, and stable asset quality.
ICICI Securities Q4 Results: Cons PAT soars 104% YoY to Rs 536.53 crore; co declares Rs 17/share dividend
ICICI Securities reported a significant increase in net profit to Rs 536.53 crore for Q4FY24, with a rise in revenue and approval of a second interim dividend. Bajaj Auto also showed a 35% YoY increase in PAT.
TSMC Q1 profit beats expectations on AI demand
Investing.com– Taiwan Semiconductor Manufacturing Corp (TW:2330) (NYSE:TSM), or TSMC, clocked a stronger-than-expected first-quarter profit on Wednesday as the world’s largest contract chipmaker benefited from increased demand in the rapidly-growing artificial intelligence industry.