Ralph Lauren reported a higher-than-expected quarterly profit, as the luxury apparel maker’s move to pull products off department store shelves and sell more products at full-price boosted margins.
The company said in a statement that its net profit for Q4 of 2017-18 stood at Rs 33.84 crore, against Rs 20.85 crore reported in the corresponding period of 2016-17.
India’s TVS Motor Company Ltd posted an about 31 percent increase in quarterly profit, helped by higher vehicle sales at home and growth in exports, but missed analysts’ estimates.
Lupin Ltd, India’s second-largest drugmaker by revenue, reported a surprise loss in its fiscal fourth quarter on Tuesday, due to a one-time charge.
Canadian telecom provider Telus Corp’s quarterly profit came in slightly below analysts’ estimates on Thursday, as it spent heavily to add wireless subscribers amid stiff competition.
Randgold Resources reported a 24 percent quarter-on-quarter fall in profit on Thursday after labour strikes at its Tongon mine in Ivory Coast hit production and raised costs.
Portugal’s unemployment rate fell to 7.9% in the first quarter from 8.1 percent in the preceding three-month period, and was well below 10.1 percent in the same period of 2017, official data showed.
Sundram Fasteners Ltd, part of the diversified conglomerate TVS Group, has recorded a 8.62 percent rise in its standalone net profits for the fourth quarter ending March 31, 2018 at Rs 95.22 crore.
Drug firm Sanofi India today reported 37.27 percent rise in net profit to Rs 82.5 crore for the quarter ended March 31, 2018.
Siemens said on Monday weakness in the power generation market is forcing it to temporarily shut down its Power & Gas (PG) sites around the world.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr