With this, the market capitalisation (m-cap) of the company reached Rs 9,00,000.39 crore. The country's most valuable company on Friday posted a record quarterly net profit of Rs 11,262 crore as a steady rise in the share of its consumer businesses of retail and telecom countered lower earnings from traditional petrochemical and refining segment.
Total income on a consolidated basis rose to Rs 36,130.96 crore during the three months to September, against Rs 30,124.49 crore in the same period of the previous year, the bank said in a regulatory filing.
BMW spent 1.4 billion euros ($1.5 billion) on research and development in the quarter, and invested 1.2 billion euros ($1.3 billion) in new plants to modernize production and prepare for new models. It also saw higher production costs from an increasing proportion of electric vehicles and higher raw materials prices. The company said it was able to increase its share in the key China market despite a shrinking overall market there.
The low-cost arm of national carrier Air India recorded over 16 per cent growth in revenues at Rs 4,202 crore in 2018-19. In the year-ago period, the same stood at Rs 3,620 crore, it said in a release.
ICICI Lombard General Insurance on Friday reported a 7.1 percent rise in its net profit at Rs 310 crore for the first quarter ended June 2019.
Shares of Infosys jumped over 6 per cent on Monday after the IT behemoth posted better-than-expected rise in its June quarter net profit.
The combined ratio (ratio of total incurred losses and expenses: earned premium) improved from 109 per cent in Q2 FY18 to 106 per cent in Q2 FY19.
The deep-pocketed Jio has been offering data almost free for a year now, while it charges nothing for voice, forcing the incumbents to make matching offers.
India’s largest bank State Bank of India reported a net profit of Rs. 2814 crore in its fourth quarter ended March, 2017, while its bad loans also fell to 6.9 per cent compared to 7.23 per cent in December 2016.
The price of a stent may very well rise by 1000 per cent by the time it moves from the manufacturer to the patient, according to the data released by the National Pharmaceutical Pricing Authority (NPPA).
Washington:Social media giant Facebook reported a $1.5 billion first-quarter profit in 2016, or 52 cents per share, nearly triple of last year's profits of $512 million in the same period. "We had a great start
California: Facebook Inc. on Wednesday reported fourth-quarter earnings of $1.56 billion.The Menlo Park, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per
New Delhi: The BCCI is all set to rake in a rich moolah to the tune of approximately Rs 332 crore for two years after roping in Intex Mobiles and Sanjeev Goenka's New Rising as
Tokyo: Japanese automaker Honda reported on Friday a 20% jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall.Honda Motor Co's April-June
Bengaluru: Infosys Ltd today reported better than expected 5 per cent rise in June quarter net profit and raised its full-year sales growth forecast as business revamp helped it win more IT contracts.The nation's second-largest
New Delhi: State Bank of India (SBI) on Friday said it plans to offer up to 3 per cent of annual profit to employees as part a talent retention and motivation initiative.The bank has sought
New Delhi: Passenger car major Maruti Suzuki India Ltd on Monday said it had closed the last fiscal with 33.4 percent increase in profit and 14 percent growth in net sales.In a statement issued here,
HDFC Bank Ltd has posted a net profit of Rs 2806.9 crore for the qurater ended March 31, 2015, up by 20.6% over the same period in the year previous to last.Its total income for
New Delhi: After seven straight quarters of losses, Jet Airways on Friday returned to profitability with Rs 3-crore profit from operations in the three months ended December 2014 on the back of higher international passenger
New Delhi: Asserting that profit is not a bad word, government tonight said the low tax regime envisaged in the budget is aimed at boosting economic activity and suggested interest rates for sectors like housing
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