Page 11 - Corporate Earnings

ITC adjusted profit falls 3.7% to Rs 3,662 crore, declares interim dividend

Revenues from operations was up by 6 per cent to Rs 14,124.48 crore from Rs 13,307.54 crore in the year ago period

Bunge Q4 profit tops expectations on strong demand, forecasts solid 2021

Shares climbed above $78 in pre-market trading, the highest in nearly three years

Beware! These risks may halt the current bull-run in the markets: Analysts

FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the highways sector in Budget 2021. However, any delay in roll out of such growth-driven projects may wear-off the bull-run

AstraZeneca Pharma India Q3 net profit declines 21% at Rs 21 crore

Drug firmAstraZeneca Pharma India on Monday reported a 21 per cent decline in net profit at Rs 21.05 crore for the quarter ended in December

GE Power India reports 65% dip in Q3 consolidated net profit at Rs 35 cr

GE Power India on Monday reported 65 per cent decline in consolidated net profit at Rs 35.09 crore for December quarter 2020-21.

Higher non-interest income, low rates keep lenders buoyant in Q3

Asset quality remains the key monitorable with gap between proforma and reported NPAs widening

Regeneron Pharmaceuticals quarterly profit beats on strong drug sales

Regeneron's antibody cocktail garnered $145.5 million in sales for the fourth quarter. While, the consensus Wall Street estimate was $173 million, according to Guggenheim analyst Yatin Suneja.

Wall Street opens higher as focus turns to stimulus, corporate earnings

Wall Street's main indexes opened higher, as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing.

New York Times beats revenue estimates on strong digital subscriptions

The media company, which gets nearly two-thirds of its revenue from subscriptions, had 7.5 million subscriptions across its digital and print products at the end of the quarter

Monetary policy: Rising yields a worry and RBI should act, say bond dealers

Rise in interest rates could hit corporate earnings, hinder economic recovery

Tata Motors hits profit after three quarters, net zooms 67% to Rs 2,906 cr

JLR posts its highest free cash flows in Q3

DLF Q3 post-tax profit up 8.7% to Rs 440 cr, operating revenue rise 15%

Wholetime director and CEO Rajeev Talwar to step down on March 31

Sun Pharma Q3 PAT doubles to Rs 1,852 cr, rides on record quarterly revenue

The company has repaid debt of about $490 million in 9MFY21; filings for 90 ANDAs await US FDA approval

Corporate earnings rebound in December quarter fails to lift Nifty EPS

The trailing 12-month EPS of the Nifty50 has risen just 2.8 per cent sequentially during the quarter. Further, earnings are still down 14.5 per cent year-on-year (YoY)

United Breweries Q3 consolidated net profit up 19% to Rs 127 cr

Beer maker United Breweries on Thursday reported an 18.87 per cent increase in consolidated net profit to Rs 127.19 crore for the third quarter ended December 2020.

McDonald's earnings miss estimates as Europe lockdowns squash sales

Several European countries announced tough restrictions as the health crisis spiraled out of control late last year, adding to the woes of the restaurant industry

Mastercard beats Wall Street profit estimates as customers spend more

Excluding items, Mastercard reported net income of $1.6 billion for the quarter ended Dec. 31, or $1.64 per share, compared with $2 billion a year earlier, or $1.96 a share

Facebook beats quarterly revenue estimates; monthly active users up 12%

The results validate the company's foray into e-commerce with Instagram Shopping and Facebook Marketplace that banked on the trend of social shopping

Tesla profit, vague vehicle delivery forecast disappoint Wall Street

Investors had hoped for a significant increase over the company's 2020 delivery goal of half a million vehicles, but Tesla provided only a vague outlook and did not state a concrete delivery goal.

Microsoft sales climb 17%, lifted by robust cloud demand; stock jumps

Microsoft shares climbed about 3.1 per cent in premarket trading in New York on Wednesday, as it continued to surpass record highs