HSBC PLC says 2021 profit more than tripled as the bank sold its retail business in France and expanded wealth management in Asia Representational image only. | Photo Credit: Reuters HSBC PLC says 2021 profit more than tripled as the bank sold its retail business in France and expanded wealth management in Asia HSBC PLC…Continue Reading
Media firm New Delhi Television Ltd (NDTV) on Wednesday reported a 31.64 per cent increase in its consolidated net profit to Rs 29.87 crore for the third quarter ended December 2021. Topics NDTV | Q3 results NDTV logo. Photo: Wikimedia Commons Media firm New Delhi Television Ltd (NDTV) on Wednesday reported a 31.64 per cent increase in…Continue Reading
Public sector lender Bank of Baroda’s net profit doubled to Rs 2,197 crore in the October-December quarter (Q3FY22), aided by higher net interest income and lower provisions. Net interest income of the lender jumped 14.38 per cent to Rs 8,552 crore in the reporting quarter. Net interest margin, a measure of profitability, of the bank…Continue Reading
Indian Oil Corporation (IOC) on Saturday reported a 1.14 per cent year-on-year (YoY) rise in net profit at Rs 6,235.39 crore for the September quarter compared with Rs 6,164.70 crore in the same quarter last year. Revenue for the said quarter rose 47 per cent YoY to Rs 171,787.19 crore from Rs 1,16,717.62 crore. “Due…Continue Reading
PNB quarterly profit jumps 78% to Rs 1,105 crPTILast Updated: Oct 28, 2021, 01:20 AM ISTSynopsisThe country’s second-largest lender had posted a net profit of Rs 620.81 crore during the corresponding quarter a year ago.AgenciesNew Delhi: State-owned (PNB) on Wednesday reported a 78 per cent increase in net profit at Rs 1,105 crore for the…Continue Reading
New Delhi: Ltd on Wednesday posted an 88 per cent jump in its consolidated net profit to Rs 248 crore in the second quarter of the financial year 2021-22, mainly due to a rebound in soda ash volumes in the US and India. Net profit stood at Rs 132 crore in the same quarter previous…Continue Reading
IT services provider Infosys reported better-than-expected profit and revenue in the fiscal second quarter, on broad-based growth across geographies and segments. The Bengaluru-based company also revised its revenue guidance to 16.5-17.5% for FY22 from 14-16% as stated during Q1. India’s second largest software services exporter reported a 11.8% increase in net profit to Rs 5,421…Continue Reading