Reliance Power Ltd posted more than a three-fold increase in March quarter consolidated profit, helped by a 40% fall in tax expenses during the period. The company, which is part of billionaire Anil Ambani's Reliance Group, reported a consolidated profit of Rs216 crore for the quarter ended 31 March 2017, the company said. The company had posted a rise in its quarterly profit in three of the four quarters preceding March quarter, according to Thomson Reuters data. Fourth-quarter consolidated revenue from operations stood little changed at Rs2,466 crore. Reuters Read moreCredits: livemint.com
As it stated in
The U.K.'s biggest grocer said operating profit, before exceptional items, was 1.28 billion pounds ($1.59 billion) for the year ended Feb. 25, compared with guidance of GBP1.2 billion and a year-earlier GBP985 million. LONDON--Tesco PLC (TSCO.LN) said Wednesday it is better able to cope with currently tough market conditions after reporting fiscal 2017 adjusted operating profit in line with its expectations. Revenue rose to GBP55.91 billion from GBP54.4 billion. On a statutory basis, pretax profit fell to GBP145 million from GBP202 million a year earlier. We are confident that we can build on this strong performance in the year ahead, making further progress towards our medium-term ambitions, " said Chief Executive Dave Lewis.
Fast Retailing reiterated its operating profit forecast for the year to August at a record high of 175 billion yen. TOKYO, April 13 Japan's Fast Retailing Co Ltd , the owner of the Uniqlo casual wear brand, on Thursday reported an 80 percent jump in second-quarter operating profit, lifted by improved profit margins and a weaker yen. The results were above expectations of six analysts who, on an average, had pegged quarterly operating profit at 36.02 billion yen, Thomson Reuters data shows. Operating profit for the three months ended February rose to 42.1 billion yen ($386 million), from 23.4 billion yen a year ago, according to calculations based on the company's results for the first half of the fiscal year. ($1 = 109.0200 yen) (Reporting by Chris Gallagher and Sam Nussey; Editing by Himani Sarkar)
read more visit us profit
collected by :Jack Luxor
As it stated in
Tesco profit jumps 30% to top £1 billion
The U.K.'s biggest grocer said operating profit, before exceptional items, was 1.28 billion pounds ($1.59 billion) for the year ended Feb. 25, compared with guidance of GBP1.2 billion and a year-earlier GBP985 million. LONDON--Tesco PLC (TSCO.LN) said Wednesday it is better able to cope with currently tough market conditions after reporting fiscal 2017 adjusted operating profit in line with its expectations. Revenue rose to GBP55.91 billion from GBP54.4 billion. On a statutory basis, pretax profit fell to GBP145 million from GBP202 million a year earlier. We are confident that we can build on this strong performance in the year ahead, making further progress towards our medium-term ambitions, " said Chief Executive Dave Lewis.
Uniqlo owner Fast Retailing Q2 profit jumps 80 pct
Fast Retailing reiterated its operating profit forecast for the year to August at a record high of 175 billion yen. TOKYO, April 13 Japan's Fast Retailing Co Ltd , the owner of the Uniqlo casual wear brand, on Thursday reported an 80 percent jump in second-quarter operating profit, lifted by improved profit margins and a weaker yen. The results were above expectations of six analysts who, on an average, had pegged quarterly operating profit at 36.02 billion yen, Thomson Reuters data shows. Operating profit for the three months ended February rose to 42.1 billion yen ($386 million), from 23.4 billion yen a year ago, according to calculations based on the company's results for the first half of the fiscal year. ($1 = 109.0200 yen) (Reporting by Chris Gallagher and Sam Nussey; Editing by Himani Sarkar)
read more visit us profit
collected by :Jack Luxor
Comments
Post a Comment