Mumbai: SBI on Friday reported a 23 percent on-year jump in consolidated net profit at Rs 19,782 crore for the quarter ended September 30, 2024. The consolidated net profit for the corresponding period last year stood at Rs 16,099 crore. On a standalone basis, the country’s largest lender reported a net profit of Rs 18,331 … Read more
New Delhi: Facebook India saw its profit surge by 43 per cent in the last fiscal (FY24), riding on digital advertising and support services offered to its parent company Meta in the US. The company’s India unit saw its net profit reach Rs 505 crore last fiscal. Its revenue from operations increase by 9.3 per … Read more
Access Holdings’ net profit for the first three quarters of the year rose approximately 83 per cent, its unaudited accounts showed, as West Africa’s biggest lender saw a huge boost to its interest income. Other key revenue sources similarly recorded notable growth. Gross earnings increased more than twofold to N3.4 trillion, with interest income contributing … Read more
New Delhi: The shares of One 97 Communications Ltd (parent company of Paytm) slumped over 4 per cent on Tuesday after the fintech platform posted a net profit of Rs 930 crore in the July-September quarter (Q2) of FY25 (due to one-time gain), against a loss of Rs 292 crore in the year-ago period. Paytm … Read more
New Delhi: Online food aggregator Zomato on Tuesday, October 22 reported over 30 percent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25). Zomato’s board also approved the plans to raise Rs 8,500 crore via the qualified institutional placement (QIP) route, … Read more
Ahmedabad: Adani Wilmar Ltd on Thursday, October 24 reported its highest-ever half-yearly net profit at Rs 624 crore for the first six months of the current fiscal (FY25). In Q2 FY25, the Adani Group company clocked Rs 326 crore in standalone profit (PAT), up from Rs 324 crore in Q1 FY25. In the quarter, the … Read more
TikTok owner ByteDance has been losing momentum in 2024, with slower revenue growth and narrower profit margins for the first three quarters compared with last year, according to local media. Revenue growth “significantly” slowed for the first nine months of the year, while profit margins slimmed for the first time since 2022, Chinese tech media … Read more
Mumbai: IT major L&T Technology Services Ltd reported a net profit of Rs 320 crore in the July-September quarter of FY 2024-25 on Wednesday, up 2 per cent in comparison to Rs 314 crore in the previous quarter. According to the exchange filing by L&T Technology Services (LTTS), revenue during the second quarter of the … Read more
Chinese ride-hailing giant Didi Global on Wednesday said that both order volume and transaction value reached record highs during the three months through June. Orders in both China and overseas markets rose 17.4 per cent to nearly 3.9 billion, while gross transaction value (GTV) reached 96.3 billion yuan (US$13.5 billion), up 14.7 per cent from … Read more
Ahmedabad: Adani Ports and Special Economic Zone (APSEZ) on Thursday posted the highest-ever net profit at Rs 3,107 crore (up 47 per cent year-on-year) along with record EBITDA at Rs 4,848 crore for the quarter that ended June 30. The Adani Group’s flagship company posted the highest-ever quarterly revenue at Rs 7,560 crore, a 21 … Read more
