Tag: profit
-
Central Bank of India profit jumps over 84% to Rs 571 crore in fourth quarter
[ad_1] MUMBAI: Central Bank of India has reported an 84.19 per cent jump in net profit at Rs 571 crore for the quarter ended March 2023 as bad loans fell. The Public sector bank’s net profit was Rs 310 crore in January-March 2021-22.“Operating profit has shown a growth of 16.27 per cent on a year-on-year…
-
Sbi Life: SBI Life posts Q4 profit beat on higher premiums
[ad_1] BENGALURU: SBI Life Insurance Co Ltd on Wednesday reported a larger-than-expected 15.6% rise in quarterly profit, helped by higher income from premiums.SBI Life, one of India’s largest life insurers, reported profit after tax of 7.77 billion rupees ($95.12 million)for the three months ended March 31, from 6.72 billion rupees a year before.Analysts on average…
-
ICICI Bank’s quarter 4 net profit leaps 30%
[ad_1] MUMBAI: ICICI Bank reported a 30% increase in fourth-quarter profit to Rs 9,122 crore from Rs 7,019 crore in the corresponding quarter last year as it rode the twin tides of swelling interest margins and surging business loans.The board further recommended a dividend of eight rupees per share, subject to shareholder approval.Net interest income…
-
Gold dropped on profit booking as investors digest a gloomy economic outlook
[ad_1] Gold yesterday settled down by -0.57% at 60511 on profit booking as investors digest a gloomy economic outlook and uncertainty regarding monetary policy. Fresh economic data for the US including the ISM PMIs, ADP (NASDAQ:) and JOLTS report showed tighter financial conditions are leading to a slowdown in the US economy, with markets seeing…
-
How to maximize your profit in a sluggish stock market
[ad_1] Get 7 courses on stock trading for just $40 with the 2023 Stock Candlestick & Options Profit Trading Bundle. Image: StackCommerce While the global economic outlook is currently grim, downturns can always offer opportunities for savvy people. That’s especially true in the stock market, where dips present the possibility of making a buck down…
-
Saudi Aramco Posts Monster Profit in 2022, Makes History! Bullish Ahead
[ad_1] By Malvika Gurung Investing.com — The petroleum and behemoth Saudi Aramco (TADAWUL:) has created history by reporting the highest-ever annual profit recorded by any publicly listed company globally or by an oil and gas company, for the year 2022. Saudi Arabia’s state-controlled oil giant Aramco posted a net income of $161.1 billion in 2022, up…
-
LIC’s April-December profit surges to Rs 22,970 crore
[ad_1] MUMBAI: LIC has reported a net profit of Rs 22,970 crore for the nine months ended December 2023 — a multifold increase over the net profit of Rs 1,672 crore in the year-ago period. The current period profit has increased due to transfer of an amount of Rs 19,942 crore (net of tax), pertaining…
-
How to calculate profit margin in Microsoft Power BI
[ad_1] Imaeg: StackCommerce Profit drives companies, big and small, so you’ll most likely need a visual that displays your company’s profit margin effectively. The good news is visualizing profit margin is easy in Power BI if you have all of the information you need. The bad news is there’s no single solution for calculating profit…
-
HDFC Bank Q3 profit rises 18.5% to Rs 12,260 crore
[ad_1] NEW DELHI: The country’s largest private sector lender HDFC Bank on Saturday reported an 18.5 per cent increase in its standalone net profit at Rs 12,259.5 crore for the third quarter ended December 2022.The bank had earned a net profit of Rs 10,342.2 crore in the corresponding quarter of the previous fiscal year.Total income…
-
Finland to impose temporary profit tax on electricity companies
[ad_1] Helsinki, Dec 30 (IANS) A temporary profit tax is set to be introduced for companies in Finland that produce and sell electricity, the Ministry of Finance announced. According to the Ministry’s proposal, one-time profit taxes would be introduced in the electricity and fossil fuel sectors, reports Xinhua news agency. The temporary profit tax rate…