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Toyota pioneered hybrid cars with its uber-popular Prius model. Japan's Toyota raised its annual net profit forecast to a record high on Tuesday, reporting strong sales in all regions in the first three quarters as the global semiconductor shortage eases.…

Talking about the company's plans for FY25 Tikekar mentioned adding 2-3 clients in its portfolio.New Delhi: KPIT Technologies recorded net profit growth of 54.6% Y-o-Y at INR 155.3 crore and EBITDA growth at 52.2% Y-o-Y for Q3 FY24. The revenue from operations for Q3 FY24 stood at INR 1256.9 crore against INR 1199.1 crore in Q2 FY24, the company said. The management of KPIT Technologies have disclosed that at present 20% of the company’s revenue is coming from the…

Food and grocery-delivery firm Swiggy reported a 45% jump in operating revenue for fiscal year ended March 2023 to Rs 8,265 crore, even as its net loss expanded 15% to Rs 4,179 crore.The Prosus-backed company, which is currently prepping for an initial public offering (IPO), spent heavily during the year under review on scaling up its quick-commerce vertical Instamart. Swiggy’s total expenses in FY23 came in at a staggering Rs 12,884 crore, up 34% on year, according to regulatory filings sourced from Tofler. Elevate Your…

API Holdings, which runs online pharmacy PharmEasy, widened its consolidated net loss by 30% to Rs 5,212 crore in the financial year ended March though operating revenue grew 16% to Rs 6,644 crore.During the year, the Mumbai-based company continued its belt-tightening initiatives as it more than halved its advertising and promotional expenses to Rs 235 crore, while staff costs declined 12% to Rs 1,283 crore, according to regulatory filings sourced from Tofler.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Femi Otedola’s Geregu Power recorded roughly a three-fifth jump in bottom-line to N16.1 billion for last year after notable improvement in key revenue sources, the power generating company said Tuesday in its audited earnings report. Shares in the company appreciated 4.6 per cent in Lagos after the news hit the market, making it the second-best-performing stock of the day. The second publicly issued audited account of the company, which was listed on the Nigerian Exchange in October 2022, showed revenue at N82.9…

BYD has had a cracker of a year in 2023. Apart from over taking Tesla in terms of moving more volume, the Chinese EV company also saw record revenue, and expects to have its net profit increase to 86.5 per cent compared to the previous year…

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 million EVs last year, up 73% from the 911,000 sold in 2022. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. The company released estimated 2023 financial results, indicating between $4…

Booz Allen Hamilton said its net income more than quadrupled in its fiscal third quarter and boosted its projections for the fiscal year ending in March. Booz Allen Hamilton said its net income more than quadrupled in its fiscal third quarter and boosted its projections for the fiscal year ending in March. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Tata Technologies, a recent debutant at the bourses, on Thursday, reported a consolidated net profit of Rs 170 crore for the quarter ended December 2023. The profit is higher by 15% from Rs 148 crore reported in the previous year period.Revenue from operations in the third quarter increased 15% year-on-year to Rs 1,289 crore, compared with Rs 1,124 crore in the corresponding quarter of last year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and…

Credit: Pixabay/CC0 Public Domain A recent Oxfam International report found that the world's ultra-rich are getting vastly richer—so much so that the first trillionaire is due within a decade. The five richest men in the world—billionaires Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Warren Buffett—saw their enormous fortunes double since…