Keywords: Quarterly earnings


Hindustan Zinc appoints new CEO as strong metal prices drive profit surge

India's Hindustan Zinc has appointed Amarendu Prakash as its next chief executive officer while reporting a sharp increase in quarterly earnings, supported by a strong rise in base and precious metal prices. The company announced on Friday that Prakash, the former chairman and managing director......

EasyJet profit drops 70% as Middle East conflict and fuel costs weigh on earnings

easyJet reported a sharp decline in quarterly earnings after higher fuel costs and weaker travel demand linked to geopolitical tensions in the Middle East significantly affected the low-cost carrier's financial performance. The British airline posted a pre-tax profit of £85 million for the......

ICICI Bank beats forecasts as first-quarter profit jumps on strong lending growth

ICICI Bank reported a robust increase in first-quarter profit, surpassing market expectations as strong loan demand and lower provisions for potential bad loans boosted earnings. The results reinforce the strength of India's banking sector, where healthy credit growth and improving asset quality......

JSW steel surpasses quarterly profit expectations as higher prices support India’s steel sector

JSW Steel, India’s largest steel producer, reported stronger-than-expected quarterly earnings on Friday, benefiting from improved domestic steel prices and stable production volumes despite rising raw material costs. The Mumbai-based company posted consolidated net profit of 46.51 billion Indian......

Fifth Third profit rises as higher interest income and fee growth strengthen quarterly results

Fifth Third Bancorp reported a sharp increase in second-quarter profit, supported by stronger net interest income and growing revenues from its capital markets and wealth management divisions. The performance highlights the continued resilience of regional banks in the United States as lenders adapt......

ICICI Lombard reports sharp decline in quarterly profit as claims and commissions increase

ICICI Lombard General Insurance posted a sharp decline in first-quarter earnings as higher claims payouts and increased commission expenses weighed on the company's profitability despite continued activity in India's insurance market. The insurer reported that profit after tax for the quarter......

Vodafone idea reports surprise quarterly profit in India

Indian telecommunications company Vodafone Idea reported an unexpected profit for the fourth quarter of its fiscal year, marking a significant development for one of the country’s largest mobile network operators. According to the company’s latest financial announcement, Vodafone......

Devyani International narrows quarterly loss as KFC and Pizza Hut sales improve in India

Indian restaurant operator Devyani International reported a narrower quarterly loss, supported by stronger same-store sales and improving customer demand across its fast-food brands. The company operates major international restaurant franchises in India, including KFC and Pizza Hut, under licensing......

KBC reports lower-than-expected profit amid geopolitical uncertainty

KBC Group reported first-quarter earnings below market expectations as the Belgian financial institution increased its reserves to protect against growing geopolitical risks linked to tensions in the Middle East. The banking group announced a quarterly net profit of 557 million euros, a figure slightly......