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Posts Tagged ‘ earnings ’

Lenskart losses widen in FY16, revenue jumps

Wednesday, January 4, 2017 | More »

Lenskart
Lenskart Solutions Pvt. Ltd net loss for the financial year ended March 2016 widened to Rs 113 crore as the eyewear retailer spent more on advertising and promotions, a media report said on Wednesday. The company’s revenue for 2015-16 jumped 63% to Rs 99 crore, Mint reported citing documents filed...

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Flipkart loss widens in FY16, revenue jumps 50%

Flipkart Pvt Ltd, the Singapore-based holding company of India’s largest e-commerce marketplace, reported a wider loss for 2015-16 as it spent more to hold off growing competition from the local unit of Amazon.com Inc. The company posted a net loss of Rs 5,768.8 crore for the year through March 20...

20 December, 2016 | More »

Alibaba

Alibaba Q2 revenue jumps; mobile, cloud computing user base grows

Chinese e-commerce giant Alibaba Group Holding Ltd has reported strong revenue growth for the second quarter led by its core business as well as the digital media and entertainment segment. Revenue rose 55% to 34.29 billion yuan, or $5.14 billion, for the three months through September from 22.17 bi...

3 November, 2016 | More »

Info Edge

Naukri parent Info Edge’s Q2 profit more than doubles

Info Edge (India) Ltd has reported a more than doubling of net profit for the fiscal second quarter, as earnings from the Naukri.com hiring services business jumped and losses at its 99acres.com real-estate portal shrank. Standalone net profit for the quarter through September surged to Rs 80.07 cro...

27 October, 2016 | More »

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MakeMyTrip Q2 revenue rises 27%, loss triples

MakeMyTrip Ltd, India’s largest online travel services firm, on Wednesday reported a 27% rise in revenue for the second quarter thanks to strong growth in both air ticketing and hotel booking businesses. The NASDAQ-listed company said revenue for the quarter through September increased to $83.1 mi...

26 October, 2016 | More »

Video_streaming

Netflix mulls licensing deals, local content to drive growth in India

Netflix Inc. may look at licensing deals and produce more local language content in India, as the world’s largest independent video streaming company looks to strengthen its presence in an increasingly crowded market. The US-based company entered India in January and competes with nearly a dozen o...

18 October, 2016 | More »

Justdial

Just Dial Q1 net profit rises on higher other income, lower tax payout

Online search engine company Just Dial Ltd on Wednesday reported an 8% rise in net profit for the fiscal first quarter, helped by a jump in other income. Net profit for the quarter ended on 30 June 2016 increased to Rs 38.93 crore from Rs 36.05 crore a year earlier, the company said in its […...

17 August, 2016 | More »

Growth_free

HT Media’s Q1 digital business revenue climbs 25%, loss shrinks

HT Media Ltd, the publisher of Hindustan Times and Mint newspapers and related websites, on Friday reported higher revenue and a narrower loss from its digital business for the first quarter of the financial year 2016-17. Consolidated revenue from the digital business rose 25% to Rs 38.2 crore in th...

5 August, 2016 | More »

iphone_fe

Apple’s India sales continue to surge as iPhone battles global slump

India has emerged as one of Apple Inc.’s fastest-expanding markets and the company is looking forward to open retail stores in the country to accelerate growth, CEO Tim Cook said after the iPhone maker posted a drop in quarterly revenue and profit. “In the first three quarters of this fi...

27 July, 2016 | More »

Zomato

Zomato losses soar in FY16, drag parent Info Edge into the red

Restaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year befor...

25 May, 2016 | More »

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