Private sector lender Kotak Mahindra Bank posted a 26% drop in its consolidated net profit for the first quarter ended June 30, 2015. The bank posted net profit of Rs 516.57 crore compared to Rs 698.31 crore in same quarter previous fiscal.
Its net loss in the April-June quarter of last fiscal was Rs 21.35 crore, Usha Martin Ltd said in a regulatory filing.
Sony Corp reported its highest first-quarter profit since 2007 on Thursday due to strong sales of camera sensors and PlayStation 4 videogames, beating analyst estimates and helping to reassure investors a recent stock offering would pay off.
Indian drug major Dr Reddy's Laboratories Limited has reported a 13.67% jump in consolidated net profit at Rs 625.65 crore on the back of improved gross profit margins.
Indian drug major Dr Reddy's Laboratories Limited has reported a 13.67 per cent jump in consolidated net profit at Rs 625.65 crore on the back of improved gross profit margins.
The bank had posted a net profit of Rs 74.77 crore in the corresponding first quarter of the previous fiscal.
Public sector lender Bank of Barodra's net profit for first quarter ended June 2015 dipped by 22.74% to Rs 1, 052 crore on rise staff expenses and provision for depriciation in investment.
The company had posted a net profit of Rs 136.74 crore in the same period of the previous fiscal.
Cigarettes-to-FMCG major ITC reported subdued numbers for the Arpi-June quarter on Thursday reporting a net profit of Rs 2,265.44 crore – an increase of 3.6% over Rs 2,186.39 crore over corresponding period in last fiscal.
The company had posted a net profit of Rs 19 crore for the corresponding period of the previous fiscal, it said in a statement.
Infrastructure finance company IDFC posted a 46.4% drop in its standalone net profit for the quarter ended June 30, 2015 due to an increase in total expenses.
State-backed Royal Bank of Scotland reported a rise in second quarter profit despite booking a 1.1 billion pound ($1.7 billion) charge for restructuring after accelerating the overhaul of its business.
German trains-to-turbines group Siemens beat expectations for its third-quarter results and stuck to its full-year outlook on Thursday despite weakness in China.
ITC Ltd today posted 3.61% rise in net profit at Rs 2,265.44 crore for the first quarter ended June 30, as compared to Rs 2,186.39 crore during the same period of 2014-15 fiscal.
Infrastructure finance company IDFC today reported a 46.36% decline in net profit at Rs 240.88 crore for June quarter of the current fiscal.
Facebook Inc reported quarterly revenue that beat forecasts but its profit fell 9% as the social media company sharply increased spending to boost mobile revenue and future growth.
Affected by a countrywide recall and destruction of its instant noodle brand, Maggi, India’s largest food company by revenue, Nestlé India, posted its first quarterly loss in 17 years.
Dabur India, the country's largest ayurvedic products company, posted a 24 per cent increase in net profit to Rs 262 crore versus Rs 211 crore a year ago, in line with Street estimates.
JSW Steel reported a consolidated net loss of Rs 107 crore in the quarter ended June, against a net profit of Rs 656 crore in the corresponding period last year, because of significant drop in sales as realisations took a hit amid increased cheap steel
The fast moving consumer goods arm of the Rs 13,500-crore Godrej Group reported a 39 per cent growth in net profit to Rs 199 crore against Rs 143 crore a year ago.