net profit News

BioNTech Reports a Staggering €1.2 Billion in Q4 Revenue, Surpassing Expectations

BioNTech SE announced a Q4 revenue of €1.2 billion for fiscal 2024, surpassing expectations despite a year-over-year decrease. The company also reported a net profit of €259.5 mill...

Eni's Q4 Earnings Surge: A 43% Jump to €247M Net Profit Amid Market Challenges

Eni S.p.A. reports a 43% increase in Q4 net profit to €247M, despite a 4.6% drop in sales and an operating loss of €363M. Annual net profit fell by 45% to €2.6B, with diluted earni...

Eni Records a Stunning 43% Surge in Q4 Net Profit, Reaching €247M

Eni S.p.A. announced a 43% increase in Q4 2024 net profit to €247M, despite a 4.6% drop in sales from operations. Total revenues rose by 4% to €24B, with earnings per diluted share...

Nestle Shares Soar 6% Following Announcement of Dividend Increase

Nestle S.A. experienced a 6% surge in its shares following the announcement of a proposed dividend increase to 3.05 Swiss francs. Despite a 2.9% drop in net profit, the company's o...

Siemens Energy Achieves Unprecedented €131 Billion Order Backlog in Q1 2025

Siemens Energy reports a record €131 billion order backlog in Q1 2025, an 11.2% increase from last year. However, the company faces an 84.1% drop in net profit, highlighting challe...

Ferrari Accelerates with a 14% Revenue Boost in Q4, Eyeing a Robust 2025

Ferrari NV reports a 14% increase in Q4 2024 revenue to €1.7 billion, with a 31% jump in net profit. The company forecasts robust growth into 2025, aiming for over €7 billion in ne...

Julius Baer Achieves Record Net Profit in 2024 with a 125% Surge to 1.022B CHF

Julius Baer Group Ltd. announced a 125% surge in net profit to 1.022 billion Swiss francs for 2024, alongside significant increases in earnings per share and operating income, mark...

IndusInd Bank's Profits Plummet by 39% Amid Microfinance Sector Challenges

IndusInd Bank reports a 39% drop in net profit for the December quarter, with an 85% surge in provisions and contingencies, including a significant allocation for stressed microfin...

Nestle India Sees a 6% Surge in Net Profit Driven by Robust Sales Growth

Nestle India reports a 6% increase in net profit to Rs 696 crore for Q4 2024, driven by robust sales growth. Key brands and strategic distribution expansion fuel this success, with...

Deutsche Bank Plummets: A Deep Dive into the 6% Drop Following Disappointing Earnings

Deutsche Bank AG's shares dropped over 6% following a disappointing earnings report, despite an 8% revenue increase to €7.2 billion in Q4 2024. Net profit significantly decreased t...

Deutsche Bank Shares Plunge 6% Following Disappointing Quarterly Earnings Report

Deutsche Bank AG's shares fell over 6% after a disappointing earnings report, showing an 8% revenue increase to €7.2 billion but a sharp net profit decrease to €337 million, raisin...

LVMH Shares Take a Dive: A 5% Drop Following a Sharp Decline in Net Profit

LVMH Moet Hennessy Louis Vuitton's stock fell over 5% after reporting a 17% drop in net profit and a 2% decrease in revenue for fiscal 2024, signaling potential challenges in the l...

LVMH Shares Take a Dive: A Closer Look at the 5% Drop Amidst Net Profit Slump

LVMH Moet Hennessy Louis Vuitton's stock fell over 5% after reporting a 17% drop in net profit and a 2% decrease in revenue for fiscal 2024, raising concerns about the luxury marke...

ICICI Bank Reports a Robust 14.8% Surge in Q3FY25 Net Profit, Reaching Rs 11,792 Crore

ICICI Bank reported a 14.8% increase in Q3FY25 net profit to Rs 11,792 crore, driven by higher net interest income and fee earnings. The bank also saw strong performances from its ...

Yes Bank Achieves Stunning 164% Profit Surge in Q3FY25, Reaching Rs 612 Crore

Yes Bank reports a 164.5% surge in Q3FY25 net profit to Rs 612 crore, driven by strategic improvements in margins, fee income, and cost reductions. The bank also saw significant gr...

Bank of India Sees 34% Surge in Net Profit Thanks to Retail Loan Boom

Bank of India reports a 34.6% jump in net profit for Q3FY25, driven by a surge in retail loans and improved asset quality. Financials show significant growth in net interest income...

IndiGo's Q3 FY25 Financial Performance: A 18% Net Profit Drop Amidst Rupee Weakness

IndiGo reports an 18% decline in Q3 net profit to Rs 2,448.8 crore due to rupee weakness, despite a 14.6% increase in total income and lower fuel prices. The airline carried a reco...

HPCL Shares Soar: Net Profit Skyrockets Over 200% in Q3, Here's Why

HPCL shares surged nearly 5% as the company reported a more than tripling of its net profit in Q3 FY25, driven by soaring marketing margins and a significant increase in pre-tax ea...

UCO Bank Reports a Stunning 27% Surge in Q3 Net Profit, Marking a Strong Financial Comeback

UCO Bank has reported a 27.1% increase in net profit for Q3 of the 2024-25 financial year, reaching Rs 638.83 crore. Total income grew by 15.5%, and interest income also saw signif...

IOB Reports a Significant 21% Surge in Q3 FY25 Net Profit Amid Strategic Financial Moves

Indian Overseas Bank (IOB) reports a 21% surge in Q3 FY25 net profit, plans a Rs 2,000 crore QIP, and improves asset quality, showcasing robust financial health and strategic growt...

Karur Vysya Bank Surges with a 20% Profit Increase in Q3 FY25

Karur Vysya Bank reports a 20.4% increase in net profit for Q3 FY25, with net interest income rising to Rs 1,079 crore. The bank's GNPA improved to 0.83%, showcasing strong financi...

Kotak Mahindra Bank Sees a 10.22% Surge in Q3 FY25 Net Profit, Outpacing Last Year's Figures

Kotak Mahindra Bank reported a 10.22% increase in consolidated net profit for Q3 FY25, reaching Rs 4,701 crore. Despite a slight decline from the previous quarter, the bank saw gro...

Axis Bank Reports 4% Profit Rise Amid Challenges, Falling Short of Analyst Expectations

Axis Bank reports a 4% increase in net profit for the December quarter, reaching Rs 6,304 crore, though it falls short of analyst expectations. The bank's net interest margin was u...

Havells Reports a Slight Dip in Q3 Net Profit Despite a 10.8% Revenue Increase

Havells India Ltd reports a 3.45% decline in Q3 net profit to Rs 277.96 crore, despite a 10.76% revenue increase to Rs 4,888.98 crore. The company remains optimistic about future d...

D-Mart's Q3 Earnings Soar: A 4.8% Jump to Rs 723.5 Crore Net Profit

Avenue Supermarts Ltd, owner of D-Mart, reported a 4.8% increase in Q3 net profit to Rs 723.54 crore, with revenue up 17.68% to Rs 15,972.55 crore. CEO Neville Noronha highlighted ...

IREDA Shatters Records with a 27% Surge in Net Profit to Rs 425 Crore in Q3

IREDA reports a 27% increase in net profit to Rs 425.37 crore in Q3, driven by higher revenues. The company's net worth grows to Rs 9,842.07 crore, showcasing its significant role ...