Big US banks beat earnings expectations on higher interest rates

Apr 15, 2023

JPMorgan Chase, the country's largest bank, reported a USD 12.6 billion net profit for the first quarter of 2023, up 52 per cent from...

Ant Group's Douglas Feagin steps down from Paytm board as firm matures as listed entity

Feb 03, 2023

Paytm is expected to share its third quarter or December quarter (Q3FY23) earnings on Friday, where analysts expect the company to announce strong revenue...

KPIT Technology's net profit jumps 41 pc in fourth quarter

Apr 26, 2023

Earnings before interest, taxes, depreciation, and amortisation (Ebitda) was Rs 188.56 crore in March 2023 up 40.25 per cent from Rs. 134.45 crore in...

Indian banks' profitability to remain resilient despite margin pressure: Fitch

Mar 26, 2024

Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term,...

UAE: ADNOC Distribution reports record USD 1 billion EBITDA in 2023

Feb 07, 2024

ADNOC Distribution today reported robust results for 2023, recording a 4.6 per cent year-on-year growth in earnings before interest, tax, depreciation and amortisation (EBITDA)...

Tata Motors back in black after 7 quarters, posts Rs 3,043 in profit

Jan 26, 2023

Its revenue went up 22.5 per cent to Rs 88,500 crore, the company said, adding that earnings before interest, taxes, depreciation, and amortization (Ebitda)...