https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Wed, 20 Mar 2024 13:42:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/03/20/kingsoft-corporation-gross-profit-up-14-y-o-y-at-rmb7030-3-million/ Wed, 20 Mar 2024 13:42:48 +0000 https://thenfapost.com/?p=350157 – Continued Investment in R&D of AI and Collaboration Solid Growth for Kingsoft Office Group– Expanding the Advantages of Long-term Operation of Prime Games Strong Growth for JX3 Online Singapore, NFAPost: Kingsoft Corporation Limited, a leading Chinese software and internet service company, gross profit for the year of 2023 increased 14% year-on-year to RMB7,030.3 million, […]]]> https://thenfapost.com/2024/02/01/kalyan-jewellers-clocks-pat-of-rs-180-crore-in-q3-fy24/ Thu, 01 Feb 2024 04:25:16 +0000 https://thenfapost.com/?p=339688 Kochi, NFAPost: Kalyan Jewellers, one of the major gold retailers in the country has recorded consolidated revenue of Rs 5,223 crore in Q3 FY24 as against Rs 3,884 crore in the corresponding period of the previous year, a growth of over 34%. Consolidated PAT for Q3 FY24 stood at Rs 180 crore as against a […]]]> https://thenfapost.com/2023/07/24/ril-q1-net-profit-falls-11-to-rs-16011-crore-on-weak-o2c-business/ Mon, 24 Jul 2023 13:24:42 +0000 https://thenfapost.com/?p=287335 Consumer business reports healthy growth Mumbai, NFAPost: Mukesh Ambani-run Reliance Industries Ltd (RIL) on Friday reported a 10.8 per cent dip in its net profit for the June quarter (Q1FY24) owing to weak profitability seen in the oil-to-chemicals (O2C) business. However, RIL’s telecom and retail businesses aided profitability, with an additional big push from a […]]]> https://thenfapost.com/2023/07/15/wipro-q1-profit-rises-12-to-rs-2870-crore-revenue-up-at-rs-22831-crore/ Sat, 15 Jul 2023 02:45:22 +0000 https://thenfapost.com/?p=285119 Expects muted Sept qtr as deal ramp-ups, client decision-making slow down Bengaluru, NFAPost: Bengaluru-based Information Technology (IT) services major Wipro posted a net profit of Rs 2,870 crore in the first quarter ended June, up nearly 12 per cent from a year ago but down 6.6% quarter-on-quarter (QoQ), and below the consensus Bloomberg estimates of […]]]> https://thenfapost.com/2023/05/31/bsnl-loss-during-fy2023-widens-to-rs-8161-crore-due-to-agr-dues-report/ Wed, 31 May 2023 08:58:46 +0000 https://thenfapost.com/?p=271275 New Delhi, NFAPost: Public sector telecom operator Bharat Sanchar Nigam Ltd (BSNL) loss during FY 2023 has widened to Rs 8,161 crore, compared to Rs 6,982 crore in the same period last year and the increase in consolidated loss is due to the provision for adjusted gross revenue (AGR) dues to the government. In FY23, […]]]> https://thenfapost.com/2023/05/13/nppa-to-cap-medicine-prices-to-boost-affordability-curb-profiteering/ Sat, 13 May 2023 10:07:37 +0000 https://thenfapost.com/?p=265562 The change could have financial implications for leading drug manufacturers like Abbott Laboratories, Bayer AG, and GlaxoSmithKline, among others New Delhi, NFAPost: Prices of vital medicines like vitamin A, vitamin C, glycerine and anti-tetanus immunoglobulin may be capped as India’s drug pricing regulator looks to curb profiteering by pharmaceutical companies, a report published in The […]]]> https://thenfapost.com/2023/05/09/happiest-minds-technologies-q4-profit-rises-11-yoy-to-rs-58-crore/ Tue, 09 May 2023 05:27:26 +0000 https://thenfapost.com/?p=263406 Bengaluru, NFAPost: Leading mid-tier IT firm Happiest Minds Technologies fourth-quarter consolidated net profit for the 4th quarter ending fiscal 2023 grew 11% to Rs 58 crore compared with Rs 52 crore during the same period last fiscal. Revenue from operations climbed 26% from the year-earlier period to Rs 378 crore comparted with Rs 310 crore […]]]> https://thenfapost.com/2023/05/04/mrf-net-profit-more-than-doubles-to-rs-411-crore-on-higher-sales/ Thu, 04 May 2023 07:26:49 +0000 https://thenfapost.com/?p=262199 Chennai, NFAPost: Tyre major MRF Ltd on Wednesday reported a standalone net profit of Rs 411 crore for the fourth quarter of FY23 as against Rs 157 crore in the corresponding quarter last fiscal, registering an increase of 162% on the back of increased sales volumes and easing of raw material prices. The revenue for […]]]> https://thenfapost.com/2023/04/22/reliance-jio-q4-net-profit-rises-13-revenue-jumps-11-9/ Sat, 22 Apr 2023 05:03:08 +0000 https://thenfapost.com/?p=259008 Jio said net profit rose to Rs 4,716 crore in the three months ended March 31, from Rs 4,173 crore a year ago New Delhi, NFAPost: Reliance Jio Infocomm Ltd, the telecom arm of Indian billionaire Mukesh Ambani’s Reliance Industries Ltd, reported a 13% rise in fourth-quarter profit on Friday, led by the sustained growth […]]]> https://thenfapost.com/2023/04/14/infosys-q4-pat-drops-16-sequentially-to-rs-6128-crore-revenue-dips-2-2/ Fri, 14 Apr 2023 02:26:33 +0000 https://thenfapost.com/?p=256813 Bengaluru, NFAPost: Infosys reported a sequentially weak quarter in the period ending March 31, 2023 (Q4FY23). The IT giant’s Q4 PAT came in at Rs 6,128 crore down by nearly 16% QoQ. While revenue also dipped by 2.2% QoQ to Rs 37,441 crore. In constant currency, the company’s revenue growth came in at 3.2% QoQ […]]]>