financial growth News

ITC Reports a 3% Profit Growth in Q2, Reaching Rs 5,343 Crore Amid Diversified Success

ITC reports a 3% rise in consolidated profit to Rs 5,343 crore for the June quarter, with revenue from operations reaching Rs 23,129 crore, showcasing its diversified business stre...

Reddit's Q2 2025 Revenue Soars to $500M, Surpassing Expectations with a 78% Increase

Reddit Inc. reports a 78% revenue increase to $500M in Q2 2025, turning around from a net loss to a $89M profit, with daily active users up by 21% to 110.4 million.

eBay Surpasses Expectations with a 6% Revenue Jump to $2.7B in Q2 2025

eBay Inc. reported a 6% revenue increase to $2.7 billion in Q2 2025, exceeding expectations. Net income rose by 64% to $368 million, with EPS up 75% to $0.79. The company forecasts...

Robinhood Soars in Q2: A Stunning 45% Revenue Jump to $989M Unveiled

Robinhood Markets Inc. reports a 45% revenue increase to $989M in Q2 2025, with net income up by 105%. The company also sees significant growth in customer numbers and introduces t...

Meta Platforms Soars 11% Post-Earnings: A Deep Dive into Their Stellar Q2 Performance

Meta Platforms' Q2 2025 earnings beat forecasts, leading to an 11% stock surge. EPS rose 38% to $7.14, revenue climbed 22% to $47.5B, and net income jumped 36% to $18.3B. Despite R...

Adidas Surges Ahead with a 2% Sales Increase in Q2, Despite US Tariff Challenges

Adidas AG reports a 2.2% increase in Q2 net sales to €5.95 billion, with significant growth in net income and EPS. Despite these gains, US tariffs pose challenges, potentially addi...

Bajaj Finance Reports Record 20% Surge in Net Profit Amid Rising Bad Loans

Bajaj Finance reports a 20% YoY rise in net profit to Rs 4,765 crore for Q2, driven by strong net interest income and loan growth, despite an increase in bad loans and provisions.

Canara Bank Reports a Stunning 22% Surge in Profits, Reaching Rs 4.8k cr in Q1 FY26

Canara Bank reported a 21.6% increase in net profit to Rs 4,752 crore in Q1 FY26, driven by strong advances and improved asset quality, with global business growing 11% YoY to Rs 2...

Bajaj Finance Achieves Record Growth: 20% Surge in Net Profit to Rs 4765 Crore

Bajaj Finance announced a 20% increase in net profit to Rs 4,765 crore for the June quarter, driven by strong net interest income and loan growth, despite higher provisions and NPA...

T-Mobile Surges Ahead: Q2 Revenue Hits $21.1 Billion with Record Customer Growth

T-Mobile US, Inc. reports a 7% revenue increase to $21.1 billion in Q2 2025, with net income up 10% and a record 1.7 million postpaid customer additions. CEO Mike Sievert attribute...

UCO Bank Reports Impressive 10.2% Surge in Q1 Net Profit Fueled by Robust Interest Income Growth

UCO Bank reports a 10.16% YoY increase in Q1 net profit to Rs 607 crore, driven by higher interest income and controlled expenses. Deposits and advances show significant growth, wi...

Verizon Surges Ahead with a 5.2% Revenue Jump to $34.5B in Q2 2025

Verizon Communications Inc. announced a 5.2% year-over-year increase in Q2 2025 revenue to $34.5 billion, with net income up by 9%. The company's shares rose 4.63% in premarket tra...

Indian Overseas Bank Reports Stellar 75% Profit Surge in Q1 FY26, Eyes Rs 4,000 Crore Fundraise

Indian Overseas Bank (IOB) reports a 75.6% surge in net profit for Q1 FY26, plans to raise Rs 4,000 crore, and outlines strategies for sustained growth and financial health.

Hyundai Engineering Achieves Record Sales and Profits in Q2, Surpassing Expectations

Hyundai Engineering reports a strong Q2 with sales of 15.763 billion won and operating profits of 4.307 billion won, demonstrating resilience and strategic growth in a challenging ...

State Bank of India's Monumental Rs 25,000 Crore QIP Oversubscribed by 3 Times, Signaling Strong Investor Confidence

State Bank of India's Rs 25,000 crore QIP oversubscribed by 3 times, attracting top domestic and international investors. This move is set to strengthen SBI's financial position an...

Netflix Surges Ahead: Q2 Revenue Hits $11.08B with 15.9% Growth Amid High Expectations

Netflix reports a 15.9% increase in Q2 2025 revenue to $11.08B, meeting market expectations. Operating income jumps 45% to $3.77B, with EPS at $7.19. The company raises its 2025 re...

South Korea's Wealth Soars Beyond 24 Quadrillion Won, Outshining Japan for the Third Year

South Korea's national wealth exceeds 24 quadrillion won, driven by rising housing prices and overseas stock markets. Household net assets per capita surpass Japan for the third ye...

PepsiCo Reports a Modest 1% Revenue Increase to $22.7 Billion in Q2, What's Driving the Growth?

PepsiCo has reported a slight revenue increase of 1% to $22.7 billion in Q2, showcasing its ability to navigate through economic challenges. The company's future strategies are hig...

Bank of America Reports a 4.3% Revenue Growth to $26.5B in Q2, Signaling Strong Economic Support

Bank of America announced a 4.3% increase in Q2 revenue to $26.5B, with net income and EPS also rising. CFO Alastair Borthwick emphasized the bank's strong balance sheet and econom...

ICICI Lombard Reports a Stellar 28% Jump in Q1 Net Profit to Rs 747 Crore, Thanks to Robust Capital Gains

ICICI Lombard reports a 28% rise in Q1 net profit to Rs 747 crore, driven by higher capital gains and improved returns on equity, despite modest growth in gross direct premium inco...

Citigroup Surges Ahead: Q2 Revenue Climbs 8% to $21.7 Billion Amid Strategic Transformations

Citigroup Inc. announced an 8% increase in Q2 revenue to $21.7 billion, with net income up by 25% to $4 billion. The bank also reported significant growth in EPS and ROTCE, alongsi...

BlackRock Surges Ahead: Q2 Revenue Jumps 13% to $5.4 Billion Amid Market Volatility

BlackRock Inc. announces a 13% revenue growth in Q2 2025, with net income up by 7%. Despite a slight drop in operating income, the financial titan shows strong performance in a vol...

Meta Infotech Shares Skyrocket with a 40% Premium on BSE SME Debut, Signaling Strong Market Confidence

Meta Infotech shares listed at a 39.75% premium on BSE SME, with the IPO oversubscribed by 166.94 times. The company reported a 44% revenue growth and 38% net profit increase in FY...

SBI Eyes Historic $2.9 Billion Share Sale to Fuel Growth and Strengthen Balance Sheet

SBI is preparing for a landmark share sale to raise Rs 25,000 crore ($2.9 billion), potentially the largest QIP in India's history. Aimed at supporting loan growth and regulatory c...

BHEL Achieves Remarkable Growth: Net Profit Climbs to Rs 504.45 Crore in Q4 Amid Industry Segment Surge

Bharat Heavy Electricals Ltd (BHEL) reports a 3% increase in net profit to Rs 504.45 crore for Q4, driven by higher industry segment revenues. Total income rose to Rs 9,142.64 cror...

Walmart Surpasses Expectations with a 4% Revenue Jump to $168B in Q1 Fiscal 2026

Walmart Inc. reports a 4% increase in Q1 revenue to $168B, with net sales up by 2.5% and operating income rising 3%. EPS also grows by 1.7% year-over-year.

Allianz SE Reports Stellar Q1 Performance with 11.7% Revenue Surge to €54 Billion

Allianz SE reports an 11.7% revenue increase to €54 billion in Q1 2025, with net income up by 1.5% to €2.6 billion. Operating profit grows by 6.3% to €4.2 billion, and EPS rises by...

CoreWeave's Stellar Q1 2025 Performance: A Deep Dive into the $981.6M Revenue Surge

CoreWeave announced an impressive $981.6 million in Q1 2025 revenue, leading to a 3% stock price increase in after-hours trading. Investors and analysts are eagerly awaiting more d...

Fox Corporation Soars with a 27% Revenue Jump to $4.37B in Q3 Fiscal 2025

Fox Corporation reports a 27% revenue increase to $4.37B in Q3 fiscal 2025, up from $3.45B the previous year, showcasing significant financial growth.

LG CNS Achieves 'AA' Credit Rating: A Testament to Its Digital Transformation Leadership

Korea Ratings upgrades LG CNS's credit rating to 'AA/Stable', citing its industry leadership, financial growth, and strategic initiatives in digital transformation and technology a...

Canara Bank Achieves Stellar 28% Profit Surge to Rs 5,070 Crore in Q4, Marking a Financial Milestone

Canara Bank reports a 28% increase in net profit to Rs 5,070 crore in Q4, driven by growth in other income and recoveries. The bank proposes a 200% dividend and aims for a 10-11% l...

Uber Surprises with $11.5B Q1 Revenue Despite Missing Analyst Expectations

Uber reports a 14% revenue increase to $11.5B in Q1 2025, missing forecasts but achieving a net income of $1.7B. Shares fell 5.91% premarket. The company eyes strong future growth ...