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Citigroup returns to black with $4.4bn profit

Published in April 20th, 2010

Posted by webmaster in Company Results, Market News, US Markets

Wall Street banking giant Citigroup has reported a profit of $4.4bn (£2.9bn) for the first three months of the year. The result represents a return to profit after the bank lost $7.6bn in the last quarter of last year after repaying government loans.

Banking group HSBC saw pre-tax profits halve to $5bn

Published in August 4th, 2009

Posted by webmaster in Bank News, Company Results, US Markets

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Banking group HSBC saw pre-tax profits halve to $5bn (£2.98bn) in the first six months of 2009. Rising bad debts in the US, Europe and Asia forced it to write-off $13.9bn – 39% more than the same period in 2008. Earlier Barclays also announced pre-tax half-year profits of £2.98bn boosted by its investment banking arm.

UBS Reports $1.31 billion Q2 Loss

Published in August 4th, 2009

Posted by webmaster in Bank News, Company Results, World Economy

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UBS Reports $1.31 billion Q2 Loss UBS posted a net loss of 1.4 billion Swiss francs ($1.31 billion), and suffered 39.4 billion francs of outflows at its wealth and asset management divisions. The bottom line was affected by one-off charges. The loss came in contrast with forecast-beating results at Swiss rival Credit Suisse and U.S. [...]

IVRCL Infrastructures announces Q1 results

Published in July 31st, 2008

Posted by webmaster in Company Results

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IVRCL Infrastructures announces Q1 results IVRCL Infrastructures & Projects Ltd has announced the following Unaudited results for the quarter ended June 30, 2008: The Company has posted a net profit after tax of Rs 434.928 million for the quarter ended June 30, 2008 as compared to Rs 378.679 million for the

Indiabulls Financial Q1 Result net profit at Rs 148.9 cr

Published in July 25th, 2008

Posted by webmaster in Company Results

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Indiabulls Financial Q1 Result net profit at Rs 148.9 cr Indiabulls Financial Services has declared its consolidated results for the quarter ended June 2008 (Q1 2008). The company’s consolidated net profit was at Rs 148.9 crore verus Rs 115.6 crore last year.

I-Flex Sol Q1 Result profit at Rs 105.6cr

Published in July 25th, 2008

Posted by webmaster in Company Results

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I-Flex Sol Q1 Result profit at Rs 105.6cr I-Flex Sol has announced its results for the quarter ended June 2008, Q1. Its consolidated revenues were down 6% at Rs 631.8 crore versus Rs 672 crore, QoQ. The company’s net profit was down 43% at Rs 105.6 crore versus Rs 185 crore, QoQ.

HDIL announces Q1 results

Published in July 21st, 2008

Posted by webmaster in Company Results

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HDIL announces Q1 results Housing Development & Infrastructure Ltd (HDIL) has announced the following Unaudited results for the quarter ended June 30, 2008: The Company has posted a net profit of Rs 3179.30 million for the quarter ended June 30, 2008 as compared to Rs 2026.80 million for the quarter ended June 30, 2007. Total [...]

L&T announces Q3 2008 results

Published in January 28th, 2008

Posted by webmaster in Company Results

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L&T announces Q3 2008 results Larsen & Toubro Ltd (L&T) has announced the following Unaudited results for the quarter ended December 31, 2007: The Company has posted a profit after tax of Rs 4817.90 million for the quarter ended December 31, 2007 as compared to Rs 3439.00 million for the quarter ended December 31, 2006.

Jet Airways announces Q3 2008 results

Published in January 28th, 2008

Posted by webmaster in Company Results

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Jet Airways announces Q3 2008 results Jet Airways India Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007: The Company has posted a net loss of Rs 911.20 million for the quarter ended December 31, 2007

Wipro posted a net profit of Rs 804.1 crore

Published in January 18th, 2008

Posted by webmaster in Company Results

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Wipro Ltd has announced the following Audited results for the quarter ended December 31, 2007: The Company has posted a net profit of Rs 8041 million for the quarter ended December 31, 2007 as compared to Rs 7390 million for the quarter ended December 31, 2006. Total Income has increased from Rs 36511 million for [...]

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