profit decline
Metro Brands Profit Dips Despite Revenue Rise As Inventory Costs Bite
Brands Companies Fashion & Lifestyle Finance News

Metro Brands Profit Dips Despite Revenue Rise As Inventory Costs Bite

Metro Brands which sells shoes from brands including Fila, Crocs and Mochi, reported its fourth straight drop in quarterly profit on Thursday, hurt by high inventory costs amid slowing sales growth. The company’s net profit fell 12.6 per cent to Rs 97.81 crore in the October-December quarter, missing analysts’ estimate of Rs 122 crore, as […]

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Samsung Electronics Faces 35% Drop In Q4 Operating Profit
Brands Companies Electronics Finance News

Samsung Electronics Faces 35% Drop In Q4 Operating Profit

Samsung Electronics has reported a 35 per cent decline in its fourth-quarter operating profit, a figure much worse than analysts had anticipated. The world’s leading memory chip, smartphone, and TV manufacturer estimated its operating profit to be 2.8 trillion won (USD 2.13 billion) for October-December, down from 4.31 trillion won in the same period the […]

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Bharti Airtel’s Profit Dips To Rs 1,341 Cr In Q2
Brands Companies Finance News

Bharti Airtel’s Profit Dips To Rs 1,341 Cr In Q2

Indian telecom operator Bharti Airtel on Tuesday reported a drop in second-quarter profit, hurt by a one-time exceptional loss. Consolidated net profit fell to Rs 1,341 crore for the quarter ended on 30 September, from Rs 2,145 crore a year ago. The results included an exceptional cost of Rs 1,570 crore. Airtel and rival Reliance […]

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