financial performance News

HDFC Bank Reports a 2% Increase in Profit, Reaching Rs 16,300 Crore

HDFC Bank reports a 2.2% increase in net profit for the quarter ending December 2024, with stable margins and robust asset quality. The bank added 51 branches and 19 lakh new custo...

Infosys Share Price Tumbles: Narayana Murthy's Family Wealth Takes a Rs 1,900 Crore Hit

Infosys shares fell by nearly 6%, causing a Rs 1,900 crore reduction in Narayana Murthy's family net worth. Despite strong financial results, the market value of the Murthy family'...

Reliance Industries Reports a 7.4% Surge in Q3 Net Profit, Driven by Retail and Telecom Growth

Reliance Industries Ltd reports a 7.4% increase in Q3 net profit, driven by a rebound in retail and higher telecom earnings. The company's consolidated net profit reached Rs 18,540...

Bank of America Achieves Stunning 112% Surge in Q4 Net Income to $6.7 Billion

Bank of America reports a 112% surge in Q4 net income to $6.7 billion, with EPS and revenue also exceeding expectations. CEO Brian Moynihan highlights the bank's strong finish to 2...

Oriental Hotels Announces a Stellar Q3 Performance with Rs 13.99 Crore PAT

Oriental Hotels Ltd reports a Q3 PAT of Rs 13.99 crore for December 2024, with revenues surging to Rs 122.05 crore. The company showcases resilience and growth, with a 20% increase...

JPMorgan Chase Reports a Stellar 10% Revenue Growth to $43.7 Billion in Q4 2024

JPMorgan Chase & Co. reported a 10% increase in Q4 revenue to $43.7 billion, exceeding expectations. The annual revenue rose by 11% to $180.6 billion, with net income up 18% to $58...

HCLTech Announces a 5.5% Surge in Q3 Profits, Reaching Rs 4,591 Crore

HCLTech reports a 5.54% increase in Q3 net profit to Rs 4,591 crore, with revenues up by 5.07% to Rs 29,890 crore. Sequential growth in profit and revenue highlights the company's ...

Delta Air Lines Soars: Q4 Revenue Climbs 9% to $15.6 Billion

Delta Air Lines Inc. announces a 9% increase in Q4 revenue to $15.6 billion for fiscal year 2024, with operating income up by 30%. Despite a 59% drop in net income, CEO Ed Bastian ...

Oracle, Macy's, Adobe, and More: Key Earnings Reports to Watch This Week

This week's earnings reports will feature key insights from Oracle, GameStop, Macy's, Adobe, Broadcom, and Costco. Investors will be watching closely as these companies reveal thei...

Vodafone's Complete Exit from Italy: A Strategic Move with Swisscom

Vodafone Group Plc announces the sale of its entire Italian operations to Swisscom AG for €8 billion, subject to regulatory approvals. The transaction includes customary warranties...

HPE's Stellar Q4 Earnings Send Stock Soaring by 11%

Hewlett Packard Enterprise Company (HPE) shares rose by over 11% on Friday after the company's fourth-quarter revenue in fiscal 2024 topped analysts' expectations, reaching $8.5 bi...

Salesforce Q3 Revenue Surges 8% to $9.44B, Beating Analysts' Expectations

Salesforce Inc. reported Q3 revenue of $9.44 billion, an 8% increase year-over-year, surpassing analysts' expectations. The company also saw a 25% rise in diluted earnings per shar...