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Wednesday, Apr 24, 2024 | Last Update : 09:54 AM IST

Nintendo Switch sales, both of the handheld machines and software games, were zooming amid the pandemic. The various online games in its lineup, including those for mobile devices, were also drawing more people. (Photo of Nintendo Switch Lite | Nintendo.com)

Nintendo achieves profit target as more people take to gaming during lockdown

Sony Corp., which too has a game unit with its PlayStation series, also reported positive results earlier this week.

06 Aug 2020 8:50 PM

“Organizations that build their own digital capability will recover faster and emerge from this crisis stronger,” Microsot CEO Satya Nadella said. (Photo | AP)

Revenues rise but profits fall at Microsoft as taxes take a bite

Chief executive Satya Nadella said Microsoft was equipped to deal with the pandemic with its “integrated, modern technology stack.”

23 Jul 2020 9:09 PM

The company said consolidated financial results included a provision for impairment in respect of non-current assets and restructuring provisions within the European operations.

Tata Steel slips into red; reports Rs 1228 cr net loss in Oct-Dec

Tata Steel had posted a consolidated net profit of Rs 1,753.07 crore during the same quarter a year ago.

08 Feb 2020 11:18 AM

Japan’s fourth-largest automaker posted an operating profit of 51.8 billion yen (USD 471.34 million) for the October-December quarter.

Suzuki posts 11 pc fall in third-quarter profit, hit by slowing India demand

Suzuki kept its forecast for full-year operating profit to drop 40 per cent to 200 billion yen.

07 Feb 2020 1:01 PM

Despite the fall in income, the company's net profit increased due to an exceptional gain of Rs 231 crore during the December quarter.

DLF Q3 net profit up 24 pc at Rs 414 cr; income down 36 pc at Rs 1,533 cr

Total income fell 36 per cent to Rs 1,533.34 crore in the third quarter of 2019-20 from Rs 2,405.89 crore.

06 Feb 2020 10:46 AM

Panasonic, which supplies battery cells for electric vehicles made by Tesla, posted a profit of 100.4 billion yen for Oct-Dec period.

Panasonic third-quarter profit rises 3 per cent, beating estimates

Panasonic maintained its profit forecast for the year through March at 300 billion yen.

03 Feb 2020 1:07 PM

Facebook reported slowest-ever revenue growth for the fourth quarter, at 25 per cent. (Photo: AP)

Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:52 AM

Net profit for the quarter came in at 839 billion won, missing analysts’ estimates.

Hyundai fourth-quarter profit beats view on brisk SUV sales, shares jump 5 pc

Hyundai booked a 129.8 billion won loss, its first quarterly loss in at least eight years as sales slumped in China.

22 Jan 2020 12:54 PM

Revenue at its retail and telecoms units each jumped more than 25 per cent in the December quarter as the company, headed by Asia’s richest man.

Billionaire Ambani's Reliance posts record profit on consumer strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

18 Jan 2020 10:23 AM

The bank said that it intends to convene a meeting of its board of directors by the end of this month to finalise its capital raise.

Yes Bank posts lower net profit for FY19 due to NPA divergence

The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.

20 Nov 2019 10:59 AM

All three sources declined to be identified because the information was not yet public.

Alibaba poised to launch record-breaking USD 13.4 bin Hong Kong share sale: sources

The deal would be the world’s biggest cross-border secondary listing - will be seen as a boost for Hong Kong.

13 Nov 2019 4:43 PM

Sales volume during the quarter stood at 2.33 lakh, increasing by 13 per cent over the corresponding period last year.

Jindal Stainless reports Q2 profit at Rs 52 crore

The company clocked standalone net revenue of Rs 3,170 crore compared to Rs 3,068 crore in the same period.

12 Nov 2019 12:54 PM

Coal India's net profit increased as its tax outgo declined significantly to Rs 754.25 crore from Rs 2,031.71 crore in the year-ago quarter. (Representational Image)

Coal India Q2 net profit up 14 pc to Rs 3,522 crore

The company's net profit stood at Rs 3,084.54 crore in the year-ago period, it said in a regulatory filing.

12 Nov 2019 9:43 AM

Gross NPA ratio were at 10.25 per cent and net NPA was 3.91 per cent.

Bank of Baroda net profit jumps to Rs 737 cr on higher NII

The bank had reported a profit after tax of Rs 149 crore in the same period last year on a standalone basis.

09 Nov 2019 12:36 PM

During the quarter, the company sold a total of 1,10,824 vehicles as against 1,41,163 units in the corresponding period last fiscal, down 21 per cent.

M&M Q2 profit down 78 per cent at Rs 368 crore

The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.

08 Nov 2019 3:23 PM

Gross non-performing assets accounted for 16.76 per cent of the gross advances at the end of September.

PNB posts profit of Rs 507 crore in Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

05 Nov 2019 2:20 PM

Total income on a consolidated basis rose to Rs 32,850.89 crore in the said quarter from Rs 22,950.66 crore a year ago. (Photo: YouTube)

HDFC Q2 net profit up 76 per cent at Rs 1,749 crore

Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.

04 Nov 2019 3:32 PM

Total income of the bank rose to Rs 11,985.50 crore during the second quarter, from Rs 10,800.24 crore.

Bank of India post Rs 266 crore profit in Q2

The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.

01 Nov 2019 1:48 PM

Stock of the bank traded 9.54 per cent higher at Rs 31 on BSE.

Syndicate Bank reports Rs 251 crore net profit in Q2

The bank had reported a net loss of Rs 1,542.54 crore in the same period previous fiscal.

31 Oct 2019 3:57 PM

HSBC third-quarter pre-tax profit falls 18 per cent, misses forecasts

The profit was lower than the USD 5.3 billion average of analysts’ estimates compiled by the bank.

28 Oct 2019 11:22 AM

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Sanjeev Ahluwalia

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