HYDERABAD (Reuters) – Indian generic injectables maker Gland Pharma Ltd reported a 41% jump in first-quarter revenue on Monday, aided by its acquisition of French pharmaceutical group Cenexi. The Hyderabad-based company, which draws the bulk of its revenue from the United States, Europe, Canada, Australia and New Zealand, said revenue jumped to 12.09… Continue reading Gland Pharma posts 41% jump in quarterly revenue on Cenexi acquisition
Tag: quarterly
Warner Bros Discovery reports smaller quarterly loss on cost cuts
Warner Bros Discovery posted a smaller loss for the second quarter on Thursday as the media conglomerate benefited from cost cuts, sending its shares nearly 4 per cent higher in premarket trading. Media companies have been looking to strike the right balance between spending on content and boosting profitability. Under Chief Executive… Continue reading Warner Bros Discovery reports smaller quarterly loss on cost cuts
IndiGo posts highest ever quarterly net profit at Rs 3,090.6 cr in Q1
IndiGo on Wednesday posted its highest ever quarterly consolidated net profit at Rs 3,090.6 crore for the first quarter of 2023-24 (FY24), on the back of high load factors, lower fuel costs, and better foreign exchange rates. In Q1 of last financial year, India’s largest airline incurred a consolidated net loss of Rs… Continue reading IndiGo posts highest ever quarterly net profit at Rs 3,090.6 cr in Q1
Toyota Motor’s quarterly profit tops estimates, shares hit all-time high
Toyota Motor ’s quarterly profit exceeded estimates as improvements in supply of semiconductors and a weak yen helped it capitalise on a global rebound in demand for vehicles. The stock closed at a record high. Operating profit for the three months through June was a record ¥1.1 trillion ($7.7 billion), the world’s No.… Continue reading Toyota Motor’s quarterly profit tops estimates, shares hit all-time high
Uber forecasts quarterly operating profit above estimates on ride demand
Uber Technologies on Tuesday forecast third-quarter operating profit above Wall Street expectations as it sees growing demand for ride hailing due to strong leisure travel trends and gradual return to in-office work. The San Francisco-based company’s shares rose over 4% in trading before the bell. The stock has doubled so far this… Continue reading Uber forecasts quarterly operating profit above estimates on ride demand