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Tag Archives: surprises

Report card: Surprises of Q2 as Sensex cos profit falls 2%

TheNewsInternational Team Not that analyst and investors were expecting any firework from September quarter earnings, the period marred with slack business indicated sluggish growth and slow recovery. In the September quarter, Sensex companies profit after tax (PAT) shrunk 2 percent ...

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Britannia surprises with double-digit volume growth

Lower ad spends, higher other income and fall in tax rate boosted Britannia Industries (Britannia)’ profitability in the June 2014 quarter, helping profits come ahead of street expectations. While the company posted a 25% increase in net profit to Rs ...

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SBI surprises Street with dip in bad loans

State Bank of India (SBI), the country’s largest lender, sprung a pleasant surprise by reporting a drop in bad loans even as higher provisioning dragged its net profit down 7.8 per cent in the fourth quarter ended March 2014. SBI ...

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