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Tag: Profit

Future Lifestyle Q1 net profit drops 7 pc to Rs 24.54 cr

Loknath Das, , , , , , , , , ,

New Delhi: Future Lifestyle Fashions (FLFL), part of the Kishore Biyani-led Future Group, Saturday posted a 6.83 per cent fall in consolidated net profit at Rs 24.54 crore for the first quarter of 2019-20. The company’s net profit stood at Rs 26.34 crore in the June quarter of last fiscal, it said in a regulatory filing. Profit took a beating due to higher expenses, which rose to Rs 1,507.02 crore during the April-June period of the current fiscal from Rs 1,281.91 crore in the year-ago quarter. Total income increased to Rs 1,551.11 crore from Rs…

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Bajaj Holdings & Investment Ltd’s Q4FY18 consolidated net profit rises 35% yoy to Rs1,080cr

Loknath Das, , , , , , , , , , , , , ,

Bajaj Holdings & Investment Ltd Q4FY18 Consolidated Results Q4FY18: (Rs. in cr) Q4FY18 YoY (%) Revenue 6,773.30 38.3 Net Profit (adjusted) 1,079.87 34.7   View Bajaj Holdings Buy Reco. Price 2628 Last updated on 14-May-2018 Know More   The main source of income for Bajaj Holdings and Investments Limited (BHIL) in Q4FY18 is dividends, interest and gains on investments held. BHIL holds stake in Bajaj group companies such as Bajaj Auto Limited (BJAUT, 31.54%), Bajaj Finserv Limited (BFSL, 39.29%) and Maharashtra Scooters Limited (MSL, 24%). Consolidated revenue in Q4FY18 was up 23%…

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China’s ZTE Revises 2015 Profit After US Export Curbs

Srijita, , , , , , , ,

Chinese telecom equipment maker ZTE Corp revised down its 2015 net profit on Wednesday due to export curbs imposed by the US Commerce Department for alleged violations of sanctions against Iran. Shenzhen-based ZTE said its 2015 net profit rose 22 percent to CNY 3.2 billion ($493.3 million or roughly Rs. 3,277 crores). On January 19, the company reported a preliminary 2015 net profit of CNY 3.8 billion. ZTE said in a stock exchange filing the reduction was due to a reassessment of future cash inflows arising from related contracts following…

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