State-run lender Power Finance Corporation today reported nearly 11 per cent jump in net profit at Rs 1,408.58 crore for the quarter ended September 30, 2014, on account of increase in income from operations.
State-owned iron ore mine NMDC today reported an 18.89% rise in net profit for second quarter of this fiscal at Rs 1,567 crore on improved sales.
Automaker Mahindra and Mahindra Ltd posted a 4% drop in second-quarter net profit, missing analyst estimates, after a poor and delayed monsoon hit demand for its tractors.
Japan's Sony Corp reported a second-quarter operating loss on Friday that was narrower than analysts had estimated, as blockbuster sales of its PlayStation 4 games console reduced the impact of a sluggish smartphone division.
The company, which follows July-June financial year, had reported a net profit of Rs 54.79 crore in the corresponding period a year ago, P&G said in a BSE filing.
FMCG major ITC today reported a Q2 net profit of Rs 2,425 crore compared to Rs 2,230 crore in the year-ago peiod, an uptick of 8.8%.
Bharti Airtel, the country’s largest mobile operator, reported a 170.2 per cent jump in net income during the July-September quarter to Rs 1,383 crore.
The country’s largest car maker, Maruti Suzuki India Limited (MSIL), on Thursday reported 29 per cent increase in the net profit to Rs 862 crore for the second quarter ended September, on the back of cost reduction efforts and strong growth in
ICICI Bank, the country’s largest private sector lender, reported a net profit of Rs 2,709 crore for the quarter ended September 30, which is higher by 15 per cent as compared to the same period of the previous year.
Private sector lender YES Bank reported a 30 per cent increase in net profit to Rs 482.5 crore in the July-September quarter, compared to Rs 371.1 crore in the same period last year.
Stung by lower net interest income and a sharp increase in provisions, Indian Overseas Bank posted a net loss of Rs 245.51 crore for the quarter ended September 30,2014 as compared with a net profit Rs 132.55 crore in the year-ago period.
Chennai-based Indian Overseas Bank (IOB), which made a whopping Rs 892 crore provisioning for bad loans, said provisioning was due and the management took a decision to clean up the balance sheet.
Allahabad Bank on Thursday said its net profit for the quarter ended September 30 nearly halved to Rs 141.44 crore from Rs 275.81 crore in the corresponding period of last year.
IDFC, the private sector infrastructure finance company, has posted a 14 per cent drop in net profit to Rs 421 crore for the second quarter of the current financial year, due to a sharp increase in provisioning and operating expenses.
Andhra Bank has reported a 104.5% increase in net profit at Rs 144.49 crore in the quarter ended September, 2014 as the agriculture loan roll overs in Telangana and Andhra Pradesh saved the bank from fresh interest reversals and NPAs.
Samsung Electronics Co posted the smallest quarterly earnings in more than two years as profit margins are squeezed by competition from Apple Inc's new iPhones and cheaper Chinese devices.
Barclays Plc, the UK's second biggest bank by assets, said third-quarter profit unexpectedly rose in the third quarter as the bank set aside £500 million ($799 million) to settle probes into currency markets.
Thomson Reuters Corp on Thursday reported a 1 per cent rise in revenue because of growth in its Legal and Tax & Accounting businesses.