According to a statement shared with stock exchanges, the total income rose 4.5 per cent to Rs 1,254 crore in the reviewed quarter, against Rs 1,200 crore in the corresponding quarter of the previous year.
Inflation in Asia is moderating and the central banks in the region are likely to cut interest rates to support economic growth come the fourth quarter of 2023 (October-December), Morgan Stanley said in a report.
Reliance Industries (RIL) has posted an 18.3 per cent jump in its profit after tax to Rs 21,327 crore for the quarter ended March 31, 2023, against Rs 18,021 crore in the year-ago period
During his speech on Thursday, the governor said that RBI projected GDP growth in FY24's first quarter (Q1) at 7.8 per cent; the second quarter (Q2) at 6.2 per cent; the third quarter (Q3) at 6.1 per cent; and the fourth quarter (Q4) at 5.9 per cent.
Producing 14.29 mt iron ore in the fourth quarter (Q4) and 5.6 mt in March of financial year 2022-23 (FY23), the state miner logged its best-ever fourth quarter and March production in the company's history.
Pune (Maharashtra) [India], March 1 (ANI/PNN): KSB Limited, one of the leading Pumps and Valves manufacturers in India registered outstanding growth of -- 18 per cent with sales value of 5,246 Mio INR in Q4 (Oct to Dec 2022) and also, growth of 22 per cent in cumulative sales for 4 quarters
The Swiss bank is cutting thousands of jobs to restructure and win back customers after scandals and financial losses, according to WSJ. It said its wealth management saw around USD 100 billion of customer outflows in the fourth quarter, when concerns about its financial health reached a fre
In a statement released on Friday, Chief Executive Richard Kramer said that earnings were disappointing "given a significantly weaker industry backdrop, particularly in Europe." The company is set to report earnings for the fourth quarter on February 8. Its shares fell more than 3.5 per cent
The profit increase of 12 per cent capped a tumultuous year that included intensifying competition, supply chain disruptions and concerns about the behaviour of its chief executive, Elon Musk, NYT reported.