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PROFITABILITY CHALLENGES
ET Exclusive: Tata Sons reported a 22% increase in annual profit for the year ended March 26Tata Sons reported a 22% rise in FY26 standalone profit to ₹31,961 crore, driven by investment gains and stronger portfolio earnings. Chair...- Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...
- Budget has buffers to tackle global risks, no need to revisit govt's budget estimates yet, says SitharamanUnion Finance Minister Nirmala Sitharaman stated no need to revise Budget estimates. Adequate fiscal buffers exist to manage global uncerta...
- US market drag keeps Dr Reddy's, Cipla under pressure despite strong product pipelineIndian pharmaceutical firms experienced a challenging June quarter, marked by declining US business profits. Dr Reddy's and Cipla saw signi...
- Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
- Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
- Infosys Q1 profit rises 12% and revenue 14%; Ashiss Kumar Dash to take charge next fiscalDash, 54, will succeed Salil Parekh, whose second term will end in April after over nine years at the helm of Infosys, where he grew revenu...
- Will robotaxi be the next big trigger for Tesla? Here’s what Elon Musk saidTesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans wh...
- Bandhan Bank lowers return on assets projection to 1.2-1.4%, stock price continues to tumbleBandhan Bank has lowered its FY27 exit return on assets (RoA) guidance to 1.2%-1.4% from 1.6%-1.8%, citing higher technology spending and u...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
- Nestlé to pocket $3.43 billion with water business overhaulNestlé will receive approximately three billion euros from its global water business joint venture. This new company, named Peranel, will h...
- Bootstrapped and profitable: TripleDart's blueprint for scalingBootstrapped with just Rs 5 lakh in 2020, TripleDart has evolved from a niche B2B marketing agency into an AI-powered growth platform with ...
- Australian investment bank Macquarie names Greg Ward as next CEOMacquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the...
- Eternal Q1 profit jumps 4x; Meta blocks Delhi protest contentEternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.
- Global Market: Airbus shares surge over 5% after €5 billion buyback, ambitious 2029 profit targetsAirbus shares rose significantly after announcing a €5 billion share buyback program. The company outlined ambitious financial targets for ...
- MedPlus Health shares tumble 16% after Q1 profit falls 21% YoY. Should you buy, sell or hold?MedPlus Health Services shares tumbled after the company reported a weaker-than-expected Q1FY27. Despite healthy 21.9% revenue growth to ₹1...
- IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
- Strong Q1 sets stage for FY27 growth as UltraTech bets on cables businessUltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces monsoon seasonality and higher in...
- Thane dosa shop owner reveals why Rs 13 lakh monthly revenue now leaves him with just Rs 1 lakh savings, sparks debate on revenue vs profit. Watch videoA Thane dosa shop owner shared business financial realities online. He earns ₹12-13 lakh monthly revenue but saves only ₹1 lakh. High opera...
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