Quarterly Reports

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LT Infotech net profit falls 6% QoQ at Rs 375.5 crore; CC revenue growth at ...

Moneycontrol 18 Jan 2019

... last quarter ... Larsen & Toubro Infotech reported a fall of 6 percent (quarter-on-quarter) in its net profit for December quarter at Rs 375.5 crore. It had reported a profit of Rs 400.3 crore during the previous quarter ... Last quarter, it had reported this figure to be 19 percent....

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Wipro Q3 IT services revenue up 2%; announces 1:3 bonus issue

Moneycontrol 18 Jan 2019

Wipro reported IT services revenue of Rs 14,665.6 crore for the December quarter, a rise of 2 percent compared to revenue of Rs 14,377.3 crore posted during the previous quarter. The earnings before interest and taxes was reported to be ......

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Wipro net profit jumps 32% in Q3

Deccan Herald 18 Jan 2019

Beating the market expectation, IT services major Wipro on Friday reported a whopping 32% jump in its net profits for the third quarter ended December 31, 2018, at Rs 2,544.5 crore. During the same quarter a year ago, Wipro had reported a net profit of Rs 1,930.1 in ......

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Price surges end — BSP

The Daily Tribune 18 Jan 2019

The BSP’s latest quarterly report showed inflation rate also eased to 5.9 percent in the last quarter from a 6.2 percent average in the previous three months ... Similarly, the Central Bank’s three alternative measures for core inflation were higher during the quarter, the BSP added in its report....

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Reliance Industries shares up 2 pc post Dec qtr results

The Times of India 18 Jan 2019

New Delhi, Jan 18 () Shares of Reliance Industries Ltd rose by 2 per cent Friday after the company became the first Indian private sector firm to report a quarterly profit of more than Rs 10,000 crore ... The oil-to-telecom conglomerate reported an 8.8 per ......

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Investors yanked a whopping $22.5 billion from hedge funds in Q4

Yahoo Daily News 18 Jan 2019

Investors redeemed $22.5 billion from hedge funds during the volatile fourth quarter of 2018, making it the largest quarterly outflow since the third quarter of 2016, according to the HFR Global Hedge Fund Industry Report ... The estimated $22.5 billion in redemptions during the quarter represents about 0.7% of total industry AUM....

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J.B. Hunt logs gain in revenue; profit cut by fees, flat demand

Arkansas Online 18 Jan 2019

Hunt Transport Services Inc.'s revenue grew during the trucker's 2018 fourth quarter as net and operating incomes skidded, in part, from arbitration fees ... Hunt's chief financial officer, said in Thursday's earnings call that "we felt it was a good quarter, but I wouldn't go as far as to say it was a great quarter."....

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Wipro net up 29.6% in Q3

The Siasat Daily 18 Jan 2019

Under the International Financial Reporting Standards, net income was $366 million and gross income $2,200 million for the quarter....

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Wipro third quarter net profit rises 30%, beating estimates

International Business Times 18 Jan 2019

On a sequential basis, net profit rose 34.9 percent to Rs 2,544 crore in the October-December quarter ... Bigger rival Tata Consultancy Services Ltd reported a 24 percent rise in quarterly net profit while Infosys Ltd reported a 29.6 percent profit slump on account of a one-off gain last year....

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An evening walk down Dalal Street | Indices close the week with 1% gains; Nifty ...

Moneycontrol 18 Jan 2019

The oil-retail-to-telecom giant reported a better-than-expected 7.7 percent sequential growth in third quarter consolidated net profit at Rs 10,251 crore, driven by other income as well as telecom and retail segments ... It had reported a profit of Rs 400.3 crore during the previous quarter....

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Corporate tax rate cut, sales increase lift VF's third-quarter profit 61%

Winston-Salem Journal 18 Jan 2019

A sharp reduction in VF Corp.’s income tax expense, coupled with an 8 percent boost in sales, led the apparel marketer to a 61.3 percent increase in third-quarter net income to $463.5 million ... By comparison, in the third quarter of fiscal 2018, VF reported a $90.7 million loss, in large part because it had $533.1 million in tax expense/....

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Netflix reports record quarter for new subscribers, but shares fall on earnings miss

Venture Beat 18 Jan 2019

For the fourth quarter, Netflix reported revenue of $4.19 billion for the quarter that ended in December, slightly below the $4.21 billion that Wall Street analysts had forecast, according to IBES data from Refinitiv ... Netflix reported earnings of 30 cents per share for the ......

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Honor smartphone shipments grew slower than Huawei in Q3 2018

BGR 18 Jan 2019

The company has been ahead of its rivals for few quarters, and has now reported strong results in the third quarter of 2018 as well. During the third quarter of 2018, Honor reported that its shipments were up 27.1 percent and the increase in shipments is in contrast to the global slowdown of 3.1 percent during the same period....