Profit statements

Geojit net profit jumps 26% to Rs 39.7 cr in December quarter

Brokerage leader Geojit Financial Services on Monday announced a 26% increase in its consolidated net profit to Rs 39.7 crore for the December 2021 quarter. The Kochi-based company had recorded a net profit of Rs 31.5 crore in the corresponding period last year, it said in a statement. Its consolidated revenue from October to December […]

Profit statements

Easemy Trip third-quarter profit soars 83.8%

The company had posted an after-tax profit of Rs 22 crore in the same period last year, the company said in a statement. On Sunday, online travel platform Easemy Trip reported an 83.8% increase in consolidated profit after tax to Rs 40.42 crore in the third quarter ended December 31, 2021. The company had posted […]

Profit statements

Suzlon Energy posts net profit of Rs 37 cr in December quarter

Suzlon Energy posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter, mainly due to higher revenues. The company had reported a consolidated net loss of Rs 118.06 crore in the same quarter last year, according to a BSE filing released on Friday evening. Its total revenue rose to Rs 1,615.06 […]

Profit statements

Honda Atlas profit drops 41%

KARACHI: Honda Atlas Cars (Pakistan) Ltd on Thursday announced a 40.68% drop in profit for the quarter ended December 31 due to an increase in the cost of sales. In a statement to the Pakistan Stock Exchange, the company reported a net profit of 445.94 million rupees in the quarter ended December 31 against 751.80 […]

Profit statements

CHS sees big profit gains as global trade and energy demand skyrocket

A hiatus in the US-China trade war and surging demand for petroleum energy are fueling a strong financial rebound at CHS Inc., the country’s largest farmers’ cooperative. The Inver Grove Heights-based company released its fiscal 2022 first quarter results on Wednesday that reflect a reversal of some of the more troubling trends it faced at […]

Profit statements

Profits for insurers, turnover up at end-September

With a recovering economy and greater awareness of insurance products amid a protracted pandemic, industry sales and profits increased in the first nine months of 2021, the Insurance Commission (IC) said on Friday. . Total premiums earned, or insurance policies sold, by life and non-life insurers as well as mutual benefit associations (MBAs) from January […]

Profit statements

The collection of taxes on the sugar sector increases by 11% in 6MFY22

ISLAMABAD: The Federal Board of Revenue (FBR) collected 32.43 billion rupees in taxes on the sugar sector in the first six months of the current fiscal year compared to 29.30 billion rupees collected in the same period last year, achieving growth of 11%. The tax department said this growth is due to the successful implementation […]

Profit statements

Rwandan cement maker Cimerwa doubles net profit to $ 3.9 million

By KABONA ESIARA Rwandan cement producer Cimerwa’s net profit for the nine months ending in September doubled to $ 3.9 million, from $ 1.89 million for the same period last year, thanks to its new betting strategy. the market. Revenue from the company’s cement sales reached $ 6.5 million from $ 6 million the year […]

Profit statements

Bulgartransgaz increases 9-month net profit thanks to higher revenues

SOFIA (Bulgaria), Dec. 17 (SeeNews) – Bulgarian state-owned gas transmission system operator Bulgartransgaz said its net profit rose to 79.2 million levs ($ 45.8 million / 40.5 million euros) in January-September, against 66.8 million levs in the same vein. period of 2020, as the company increased its turnover. Bulgartransgaz’s turnover rose to 368.8 million Lev […]

Profit statements

A 100bp hike brings the key rate to 9.75pc

KARACHI: The State Bank of Pakistan (SBP) announced a 100 basis point hike in the policy rate following today’s Monetary Policy Committee (MPC) meeting. The increase aims to “counter inflationary pressures” and “ensure growth that remains sustainable”. Although the term forward guidance was not used in the statement, the MPC said: “As a result of […]