net profit decline News

Federal Bank Reports 14.6% Decline in Net Profit to Rs 861 Crore Amid Rising MFI Provisions

Federal Bank reported a 14.6% decline in net profit to Rs 861.8 crore for Q2 2025, attributed to increased provisions. Despite this, the bank showed operational strength with growt...

Adani Power Reports 16% Drop in Q1 Net Profit Amid Challenges in Tariffs and Costs

Adani Power Ltd reports a 15.53% decline in Q1 net profit to Rs 3,305 crore, facing challenges from lower tariffs and higher costs. Despite this, strategic acquisitions and operati...

Adani Total Gas Faces 8% Profit Drop in June Quarter Due to Rising Input Costs

Adani Total Gas experienced an 8% fall in June quarter net profit due to higher input costs from reduced supply of cheaper domestic gas. Net profit was Rs 162 crore, with natural g...

SBI Cards Reports a 6.4% Decline in Q1 Net Profit Amid Rising Impairment Losses

SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, as higher impairment losses and bad debts offset revenue growth. Provisions rose 22.8% YoY to...

SBI Card Faces 6.4% Profit Drop in Q1FY26 Amid Rising Defaults and Provisions

SBI Cards reports a 6.4% decline in net profit for Q1FY26 due to higher impairment losses and bad debts, despite a 12% increase in total revenue. Asset quality shows marginal deter...

Eni Reports a 18% Drop in Q2 Net Profit Amid Challenging Economic Climate

Eni S.p.A. reports an 18% decline in Q2 net profit to €543M, with operating profits and sales also dropping. CEO Claudio Descalzi highlights the company's resilience and strategic ...

RBL Bank's Q1 Financial Performance: A 46% Drop in Net Profit Sparks Strategic Shifts

RBL Bank faces a 46% drop in Q1 net profit to Rs 200 crore, with NII down 13% to Rs 1,481 crore, due to lower core income and interest margins. Strategic shifts towards secured ret...

Kotak Mahindra Bank Reports a 14% Decline in Quarterly Net Profit Amid Rising Provisions

Kotak Mahindra Bank reported a 14% decline in quarterly net profit to Rs 3,552 crore for Q4 FY25, due to rising provisions and narrowing margins. Annual profit rose 6% to Rs 13,720...

Eni Faces 11% Drop in Q1 Net Profit Amid Economic Uncertainty, Yet Shows Resilience

Eni S.p.A. announced an 11% decline in Q1 net profit to €1.41 billion, with sales up by 9% but total revenues and operating profit down. CEO Claudio Descalzi highlights strategic f...

Siemens Energy Achieves Unprecedented €131 Billion Order Backlog in Early 2025

Siemens Energy announced a record €131 billion order backlog for Q1 fiscal 2025, marking an 11.2% increase from the previous year. Despite this achievement, the company faced an 84...

Siemens Energy Achieves Record €131 Billion Order Backlog Amid Profit Plunge

Siemens Energy reports a record €131 billion order backlog in Q1 fiscal 2025, despite an 84.1% drop in net profit to €252 million and an 87.2% decrease in earnings per share, highl...

Aditya Birla Capital Faces 3.8% Dip in Net Profit to Rs 708 Crore Amidst Growth Challenges

Aditya Birla Capital reports a 3.8% decline in net profit to Rs 708 crore in Q3 FY25, despite a 10% rise in consolidated revenue. The company sees growth in lending portfolio, AUM,...

LVMH Faces a Sharp 5% Drop as Annual Net Profit Takes a 17% Dive

LVMH Moet Hennessy Louis Vuitton's shares dropped over 5% after reporting a 17% decline in net profit and a 2% decrease in revenue for fiscal 2024, signaling a challenging year for...

LVMH Shares Take a Dive: A 5% Drop Following a Sharp Decline in Net Profit

LVMH Moet Hennessy Louis Vuitton experiences a significant 5% drop in share prices after announcing a 17% decrease in net profit and a 2% decline in revenue for the fiscal year 202...

LVMH Faces Market Shock: Shares Drop Over 5% Amidst 17% Net Profit Decline

LVMH Moet Hennessy Louis Vuitton experienced a significant stock drop of over 5% following a 17% decrease in net profit and a 2% decline in revenue for fiscal 2024, signaling poten...

Wendt's Q3 Financial Performance: A 14% Dip in Net Profit Raises Eyebrows

Wendt, part of the Murugappa group, faces a 14% drop in Q3 net profit to Rs 7.87 crore, with flat revenue and a sharper quarter-on-quarter decline. Profit before tax also decreased...