Company Results & Outlooks


Hero MotoCorp reports 33 pct rise in Q1 profit

NEW DELHI - Hero MotoCorp Ltd , the world's largest seller of two-wheelers, posted a 33 percent rise in its fiscal first quarter net profit, beating analyst expectations.

HSBC sells up in Brazil as profits jump on Hong Kong boom

HONG KONG/LONDON - HSBC Holdings beat expectations with a 10 percent rise in first-half profit thanks to a strong performance in Hong Kong and has agreed a $5.2 billion sale of its business in Brazil.

03 Aug 2015

Heineken beats expectations despite African weak spots

BRUSSELS - Heineken NV , the world's third largest brewer, reported higher first-half results than markets expected as it increased profit in all regions except Africa and maintained its full-year forecast of growth, albeit slower than in 2014.

03 Aug 2015

L&T criticises "unhurried" reform pace as profit slides

NEW DELHI/MUMBAI - Industrial giant Larsen & Toubro Ltd criticised on Friday the "unhurried pace" of government reforms for weakening investment in its home market, as it reported a 37 percent slide in first-quarter profit.

31 Jul 2015

ICICI Bank sees slower rate of new troubled loans

MUMBAI - ICICI Bank Ltd said on Friday it saw the rate of new troubled loans slowing as the nation's biggest private sector lender by assets reported a better-than-expected quarterly profit.

Top News, 31 Jul 2015

Chevron profit tumbles 90 percent, misses estimates; shares drop

REUTERS - Second-quarter profit at oil producer Chevron Corp tumbled 90 percent, missing analysts' expectations, amid weakness in oil prices.

31 Jul 2015

ArcelorMittal keeps profit forecast despite dimmer market view

BRUSSELS - ArcelorMittal, the world's largest steelmaker, said it would do better in the second half of the year than the first and kept its 2015 profit targets, despite cutting its global forecast for steel demand.

31 Jul 2015

Honda profit up 20 percent as robust U.S. sales, weak yen offset quality costs

TOKYO - Honda Motor Co said on Friday its quarterly net profit jumped 20 percent, beating estimates, as strong sales in the United States and a weak yen helped it absorb the impact of higher quality-related costs.

Japan 31 Jul 2015

Airbus H1 profit rises, takes new A400M charge

PARIS - Airbus Group surprised investors with a strong second-quarter rise in earnings, pushing its shares up as much as five percent as lucrative jetliner deliveries outshone more bad news for the A400M military transporter.

Aerospace & Defence 31 Jul 2015

BNP Paribas eyes market share of retreating rivals

PARIS - BNP Paribas aims to grab market share from rivals pulling back from investment banking even as its moves ahead with its own cutbacks, the French bank said on Friday.

31 Jul 2015

RBI expected to stand pat, words weighed for future cuts

MUMBAI - India's central bank policy review is expected to yield little in the way of action on Tuesday, but its statement will be pored over for clues as to whether there is a chance of another interest rate cut this year.