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Cyient: Cyient's profit grew 22% to Rs 196 crore in Q4

Riding on deal wins in the fourth quarter from Airbus and Deutsche Aircraft, the ER&D (engineering and research and development) firm saw its Q4 revenue growing by 2.1% to Rs 1,860 crore. On a YoY basis, the Q4 revenue grew by 6.2%.

Delhi , India , Hyderabad , Andhra-pradesh , Lucknow , Uttar-pradesh , Karthikeyan-natarajan , Krishna-bodanapu , Programme-in-fintech , Cyient-group , Indian-school-of-business , Airbus

Microsoft profit up 20% amid AI push, Google parent pays first dividend

Microsoft says its profit rose 20 per cent for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence...

Mountain-view , California , United-states , Washington , Sundar-pichai , Thomas-monteiro , Jason-wong , Facebook , Alphabet-inc-on-thursday-friday , Google , Factset-research , Microsoft

Tesla Q1 profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

International Business News: Despite a 55% decline in net income for the first quarter, Tesla's stock price surged during after-hours trading on Tuesday following the company's an

China , Texas , United-states , Elon-musk , Seth-goldstein , Vaibhav-taneja , Traffic-safety-administration , Chief-financial-officer-vaibhav-taneja , National-highway-traffic-safety-administration , Vehicles , Tesla , Profit

Tesla: Tesla's profit fell 55%, adding to concerns about its strategy

Tesla's Q1 profit plummeted 55% to $1.1B, revenue down 9% to $21.3B. Layoffs of 14,000 employees amid 8.5% sales drop. Musk focuses on autonomous driving, Robotaxi, as share price surged in extended trading.

China , Elon-musk , Tesla , Profit , Sales , Electric-vehicles , Investors ,

Operating profit of 4 conglomerates plunges 65% last year

Four major conglomerates saw their combined operating profit plunge 65 percent last year, hit by sluggish sales amid an economic slowdown, a report showed Wednesday.

Seoul , Soult-ukpyolsi , South-korea , Seocho , Korea , Lg-group , Hyundai-motor-group , Samsung-electronics , Samsung-group , Samsung , Sk-group

Samsung Biologics reports over 26% increase in Q1 net income on strong sales

Samsung Biologics, the biotech arm of Korea's Samsung Group, said Wednesday its net profit jumped 26.5 percent on-year in the first quarter thanks to strong sales.

Incheon , Inch-on-gwangyoksi , South-korea , Songdo , Cholla-namdo , Seoul , Soult-ukpyolsi , Korea , Yonhap-infomax , Samsung-biologics , Korea-samsung-group , Yonhap-news-agency

KG Mobility launches renovated hybrid assembly line

PYEONGTAEK, Gyeonggi Province - KG Mobility's much-touted new assembly line that can produce both internal combustion and electric vehicles shows the direction the company is pursuing on the production side, as both remain popular at the current stage of the industry's paradigm shift.

Gyeonggi , Kyonggi-do , South-korea , Seoul , Soult-ukpyolsi , Torres-evx-suvs , Kg-group , Gyeonggi-province , Ssangyong-motor , Rexton , Profit , Torres

Croda backs FY profit guidance even as Q1 sales decline

Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.

United-states , America , Steve-foots , Life-sciences , Croda , Backs , Profit , Guidance , Even , Sales , Decline , Category-all

Aviva targets £100m operating profit from health by 2026

UK insurer Aviva said it aimed to deliver £100m of health operating profit by 2026.

United-kingdom , Aviva , Targets , Mp-pound-100m , Operating , Profit , From , Health , 2026 , Category-all , Category-company-news

Lloyds Bank holds guidance as Q1 profit falls £28% on margin squeeze

Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

Lloyds , Bank , Holds , Guidance , Profit , Falls , Mp-pound-28- , Margin , Squeeze , Category-all , Category-company-news