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said its net profit surged over two-fold to Rs 1,331.19 crore for the quarter ended June 30, 2012, due to an exceptional income of Rs 607 crore from sale of properties.had posted a net profit of Rs 627.16 crore for the same period previous fiscal, Hindustan Unilever Ltd ("Net profit at Rs 1,331 crore grew 112 pc after accounting for an exceptional income of Rs 607 crore arising from the sale of pr...
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company has a line of new projects awaiting regulatory approvals and is banking on the affordable housing business it entered into during the June quarterBangalore: Mahindra Lifespace Developers Ltd, part of the Mahindra group, said on Tuesday its June quarter net profit rose 71.5% over a year ago to Rs 29.31 crore and operating income increased 27.84% to Rs 104.13 crore.Over the March quarter, though,...
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visitLONDON—Dutch navigation company TomTom NV said Tuesday it has signed a deal to provide in-car location systems to PSA Peugeot Citroën and said it remains on track to meet its earnings targets this year despite a drop in second-quarter revenue.The Amsterdam-based company reiterated its April forecast for revenue this year of €1.1 billion ($1.3 billion) and adjusted earnings per share of 35 euro...
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Tuesday projected USD 1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth from first quarter (April-June).In a regulatory filing, the IT bellwether said revenue from its flagship IT services business would be in the range of USD 1,520-1,550 million, which will be marginally higher (1.3 percent) from USD...
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posted a net profit of Rs.1,580 crore (Rs.15.80 billion) for the first quarter (April-June) of this fiscal (2012-13), registering 18 percent year-on-year (YoY) growth as per the Indian accounting system.In a regulatory filing Tuesday, the IT bellwether said its consolidated revenue for the quarter under review (Q1) rose 24 percent YoY to Rs.10,653 crore (Rs.106.53 billion), including Rs.8,314 crore...
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Wipro Ltd today projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth from first quarter (April-June).In a regulatory filing, the IT bellwether said revenue from its flagship IT services business would be in the range of $1,520-1,550 million, which will be marginally higher (1.3 percent) from...
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Wipro , International Financial Reporting Standards, Wipro Year Quarter GrowthWipro Ltd posted a net profit of Rs.1,580 crore (Rs.15.80 billion) for the first quarter (April-June) of this fiscal (2012-13), registering 18 percent year-on-year (YoY) growth as per the Indian accounting system.In a regulatory filing today, the IT bellwether said its consolidated revenue for the quarter under review (Q1)...
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posted a net profit of Rs.1,580 crore (Rs.15.80 billion) for the first quarter (April-June) of this fiscal (2012-13), registering 18 percent year-on-year (YoY) growth as per the Indian accounting system....
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Country's third largest software company Wipro Ltd on Tuesday projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth from first quarter (April-June).In a regulatory filing, the IT bellwether said revenue from its flagship IT services business would be in the range of $1,520-1,550 million, which...
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line with market expectation, Wipro on Tuesday posted 18.37 per cent increase in consolidated net profit at Rs 1,580.2 crore for the first quarter ended June 30, 2012.The company in a filing to Bombay Stock Exchange said that it revenues stood at Rs 10,620 crore.The IT bellwether projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13),...
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exporter Wipro's IT services revenues grew higher than expected by 9.54 per cent quarter-on-quarter to Rs 8,314 crore for the quarter ended June 2012.IT services EBIT too increased better than expected by 10.87 per cent QoQ to Rs 1,744 crore in the first quarter of FY13.Analysts on an average had expected IT services revenues at Rs 8,145 crore and IT services EBIT at Rs 1,688 crore during the quar...
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opened higher on Tuesday with the Sensex registering gains of over 65 points to reach 16943.66 and the Nifty gaining over 18 points to reach 5136.85.Wipro, India's No 3 software services exporter's consolidated net profit grew by 6.7 per cent QoQ to Rs 1,580.2 crore and net sales went up by 7.61 per cent to Rs 10,619.6 crore during the same period.These numbers were in line with expectations as analysts...
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Ltd shares fell 1 per cent on Tuesday after India's number 3 software services exporter forecast subdued IT services sales for the current quarter.Wipro said earlier consolidated net profit rose to Rs 15.80 billion for the fiscal first quarter ended June 30 from Rs 13.35 billion a year earlier, meeting forecasts.Wipro, whose chairman is billionaire Azim Premji, said it expects September-quarter IT...
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National Bank of Ras Al Khaimah, known as Rakbank, reported a 13.5 per cent year-on-year growth in net profit for the first half of the year on Monday.The bank declared a net profit of Dh668.7 million for the first six months of 2012, compared to Dh589.1 million it earned during the same period last year. Rakbank recorded 5.6 per cent growth in the second quarter over first quarter this year.The positive...
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too is battling to grow in a volatile currency market with uncertainty writ large due to global slowdown and sovereign debt crisis in Europe.Though the global software major grew its topline and bottomline in double digits on annualised basis in rupee terms, its net income and revenue from its IT services business slipped sequentially in dollar terms in the first quarter (April-June) of this fiscal...
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India's No. 3 software services exporter, reported an 18 percent rise in quarterly net profit, meeting expectations, as customers outsourced more work to the company to cut their operational expenses.Consolidated net profit rose to 15.80 billion rupees for the fiscal first quarter ended June 30 from 13.35 billion rupees a year earlier for Wipro, which counts Citigroup Inc (C.N) and Cisco systems Inc...
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net profit of Cairn India jumped 40 per cent to Rs 3,825 crore in the first quarter of the current fiscal propelled by increased crude output from its Rajasthan fields.At present, the firm is producing around 175,000 barrels per day (bpd). It has produced over 100 million barrels since the start of operation in August-end, 2009. The output can go up by another 71 per cent to 300,000 bpd, subject to...
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Larsen and Toubro Monday posted a 16 percent increase in net profit at Rs.863.65 crore during the quarter ended June 30 on the back of a healthy order book....
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reported its best ever quarterly performance with a 40 per cent jump in its net profit to Rs 3,825.7 crore in April-June on back of higher crude oil production from its showpiece Rajasthan fields.The 40 per cent increase is the biggest rise in net profit the company, which was listed on stock exchanges in 2007, has seen. Also, the Rs 3,825.7 crore, or Rs 14.28 per share, net profit in April-June is...
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July 9, 2008 file photo shows buildings reflected in the glass of the Apple Store in New York. On Tuesday, July 24, 2012, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion.Photo: Ed Ou/ APNEW YORK (AP) — On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But...
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