Page 67 - Q2 Results

BP halves dividend after record $ 6.7 billion loss in second quarter

All major oil companies suffered in Q2 as lockdowns to contain coronavirus limited travel and oil prices fell to their lowest in two decades

Amazon posts record Q2 earnings as online sales soar 48% amid Covid-19

Rival brick-and-mortar retailers shut stores in lockdowns for coronavirus, as Amazon hired 175,000 people and saw demand for its services soar

Facebook beats Q2 estimates with 11% growth in revenue despite coronavirus

Ad sales, which contribute nearly all of Facebook's revenue, rose 10% to $18.3 billion in the Q2 as people under lockdown spent more time online

Cognizant income down 29% at $361 mn, revenue declines 3.4% in June qtr

For the June 2020 quarter, Cognizant's revenue saw 3.4 per cent decline (2.5 per cent in constant currency) at $4 billion from $4.14 billion in the year-ago period

Samsung Q2 profit jump 7.23% on robust memory, display panel business

Samsung's operating profit jumped 23.5 per cent on-year to 8.15 trillion won in the second quarter of the year, but sales fell 5.6 per cent on-year to 52.97 trillion won over the cited period

Qualcomm forecasts sales above estimates, settles dispute with Huawei

While Huawei is still barred from buying Qualcomm's chips under US regulations, it has now resumed paying licensing fees for wireless technology

Reckitt Benckiser second quarter result tops estimates, raises forecast

Reckitt Benckiser Plc reported better-than-expected quarterly results as cautious customers stocked up on Lysol and Dettol disinfectants and Mucinex cough syrup during the coronavirus pandemic

Tesla overcomes Covid-19 shutdown to post surprise profit of $104 mn in Q2

It was the company's fourth-straight positive quarter, qualifying it to be included in the S&P 500 index of corporate titans

Alembic Pharma Q1 net profit jumps over two-folds to Rs 301.46 crore

Drug firm Alembic Pharmaceuticals reported more than two-fold jump in net profit to Rs 301.46 crore for the quarter ended on June 30, 2020, mainly on account of robust sales in international markets

Expectations worsen for Europe's Q2 earnings season over recession fears

Expectations for second-quarter corporate profits have deteriorated in Europe, according to Refinitiv data, as fears grow over the extent of the recession triggered by the coronavirus pandemic

With stadiums, theatres closed, Coca-Cola's Q2 revenue plunges 28%

Coke's revenue fell to $7.2 billion, matching expectations. The company's shares rose 2% before the opening bell Tuesday

Despite good Q2 numbers, cloud over Info Edge's near-term prospects

While billing growth may remain under pressure for recruitment business naukri.com, analysts are sceptical about real estate segment 99acres.com sustaining profits

Telcos garner Rs 54,218 cr gross revenue in July-Sept, Airtel earns most

Reliance Jio with lowest gross revenue of Rs 15,945.62 crore among private operators paid highest revenue to the government, the data showed

Are volume growth worries taking away Pidilite's stickiness with investors?

Competitive intensity, slowdown in construction activities and liquidity issues could make volume recovery difficult

RCom loss zooms to Rs 30,147 crore in Q2 on provisioning for liabilities

The company had reported Rs 338 crore in losses for the June quarter (Q1), and a profit of Rs 1,295 crore in Q2 last year

RCom's Sep-quarter loss at Rs 30,142 crore on provisioning for liabilities

RCom's total liability includes Rs 23,327 crore licence fee and Rs 4.987 crore spectrum usage charges

AGR provisioning: Bharti Airtel posts pre-tax loss of Rs 31,334 crore in Q2

Operating performance improved sharply but net loss at Rs 23,045 is the third highest by an Indian corporate in a quarter

Merger with Vijaya, Dena more a bane than a boon for Bank of Baroda

Elevated slippages, weak asset quality and a near-stagnant loan growth don't bode well for investors

Reliance Infra PBT shrinks 64% to Rs 322.28 crore in September quarter

Consolidated operating income for the September quarter rose 8% to Rs 5,622 crore from Rs 5,202 crore a year ago

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years