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Xiaomi made $56 million profit in 2013: filing

Xiaomi made $56 million profit in 2013: filing

The filings also revealed CEO Lei Jun claims 77.8% ownership of the company, while unnamed shareholders split the remaining shares
Bharti Retail posts Rs314.61 crore loss

Bharti Retail posts Rs314.61 crore loss

According to RoC documents, the company posted a net loss of Rs314.61 crore for the 15 months ending 31 March 2014 on a revenue of Rs2,352.6 crore
Spotify reports $1 billion revenue, net loss of $80 million in 2013

Spotify reports $1 billion revenue, net loss of $80 million in 2013

Revenue up about 74% from 2012; firm says it pays about 70% of its revenue to record firms and music publishers
MRF net profit up 72% in Q4, misses estimates

MRF net profit up 72% in Q4, misses estimates

Net profit rose to Rs.316.9 crore in Q4 against analysts’ expectation of Rs.345.8 crore on lower raw material costs
H-P’s fourth-quarter sales miss estimates ahead of split

H-P’s fourth-quarter sales miss estimates ahead of split

Sales in the period ended 31 October fell 2.5% to $28.4 billion compared with a projection of $28.8 billion
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More From results

Indian Railways sets internal target of raising Rs5,500 crore
Thu, Nov 20 2014. 12 28 AM

Indian Railways sets internal target of raising Rs5,500 crore

Operating ratio, a measure of operating cost as a percentage of revenue, slipped to 93.5% in the year ended 31 March from 90.8% the previous year
Sales, profit growth subdued as earnings revival proves elusive
Mon, Nov 17 2014. 12 59 AM

Sales, profit growth subdued as earnings revival proves elusive

A Mint analysis of 300 of the BSE 500 companies shows net sales rose at a mere 5.99%, the slowest pace in more than a year
GMR Infra September quarter loss widens to Rs610 crore
Sat, Nov 15 2014. 08 43 PM

GMR Infra September quarter loss widens to Rs610 crore

Income from operations was up at Rs2,682 crore for the quarter against Rs2,419 crore in the year-ago period
Videocon Industries Sep quarter profit falls to Rs1.34 cr
Sat, Nov 15 2014. 08 32 PM

Videocon Industries Sep quarter profit falls to Rs1.34 cr

Videocon reported a sharp decline in profit from Rs20.18 cr in the year-ago period due to higher finance cost
United Spirits posts loss of Rs27.83 crore even as revenue grows 8.3%
Sat, Nov 15 2014. 12 47 AM

United Spirits posts loss of Rs27.83 crore even as revenue grows 8.3%

The company reports 5.8% growth in sales volumes, its fastest in more than two years
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