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Latest Articles in Profit Drop

UK's Lloyds Targets Wealth Push And Office Cuts After Profit Drop

Lloyds will also cut office space by 20% within three years, the second British lender to unveil such plans this week after HSBC announced a 40% cut to its footprint as banks look to capitalise on remote working brought on by the pandemic.

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ABB India Q1 Profit Drops To Rs 66 Crore On COVID-19 Impact

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic.

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Sony Braces For Lowest Profit In Four Years, Hit Broadly By Coronavirus

The electronics and entertainment company reported a 57% fall in operating profit for the January-March quarter to 35.45 billion yen ($331 million), missing a 73.77 billion yen average of analyst estimates polled

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Kotak Mahindra Bank Q4 Profit Falls 10 % At Rs 1,267 Crore

Net interest income for FY20 increased to Rs 13,500 crore from Rs 11,206 crore in FY19, and for Q4 FY20 increased to Rs 3,560 crore from Rs 3,036 crore in Q4 FY19.

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Bandhan Bank Q4 Profit Falls By 20 % To Rs 517 Crore

Net interest income for the quarter grew by 33.57 per cent to Rs 1,680 crore as against Rs 1,258 crore in the corresponding quarter of previous year.

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Toyota Sees 80% Profit Drop As Virus Wipes $14 Billion Off Car Sales

The automaker forecast global sales of 8.9 million vehicles - a nine-year low - versus 10.46 million in the year just ended.

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