Olive Garden-owner Darden says 1st-quarter profit rises 15 pct even as sales fallSeptember 30th, 2009 Darden 1Q profit rises 15 pct even as sales fallORLANDO, Fla. — Darden Restaurants Inc., owner of the Olive Garden and Red Lobster chains, said Tuesday that its first-quarter profit rose 15 percent even as sales fell because food costs were lower than expected.
Eatery chain Sonic anticipates adjusted 2010 earnings will rise on lower commodity costsSeptember 17th, 2009 Sonic expects adjusted 2010 profit to riseOKLAHOMA CITY — Sonic Corp. said Thursday that its fiscal 2010 adjusted profit will climb from the previous year, helped by lower commodity costs and reduced interest expense.
Hain Celestial Group fiscal 4th-quarter profit declines 81 percentAugust 25th, 2009 Hain Celestial fiscal 4Q profit dropsMELVILLE, N.Y. — The Hain Celestial Group Inc., which makes Celestial Seasonings tea, on Tuesday said fiscal fourth-quarter profit fell 81 percent, hurt by one-time costs for severance and other items.
Earnings roundup: Broadridge Financial 4Q profit jumps 20 percent, Fossil earnings drop in 2QAugust 11th, 2009 Earnings roundup: Broadridge Financial, FossilAmong the earnings stories for Tuesday, Aug. 11, from AP Financial News:
LAKE SUCCESS, N.Y.
Power Grid net profit jumps 78 percentJuly 29th, 2009 MUMBAI - State-run electricity grid operator Power Grid Corp's net profit rose 78.81 percent to Rs.546.61 crore in the first quarter this fiscal from Rs.305.69 crore in the like period last year.
Total income of the company grew 24.9 percent to Rs.1,822.32 crore for the quarter ended June 30 from Rs.1,458.49 crore a year ago.
Ryanair first-quarter net profit surges to euro136.5 mln thanks to lower fuel costsJuly 27th, 2009 Ryanair's net profit surges on lower fuel costsDUBLIN — Irish no-frills airline Ryanair Holdings PLC reported surging first-quarter profit on Monday, citing sharply lower fuel costs and a business model that thrives during recession. The carrier said net profit for the three-month period ending June 30 was euro136.5 million ($194.5 million) compared to euro21 million in the same quarter of 2008.
Precision Castparts posts 13 percent drop in fiscal 1st-quarter profit as sales tumbleJuly 21st, 2009 Precision Castparts 1Q profit drops 13 percentPORTLAND, Ore. — Precision Castparts Corp., which makes metal components and products, said Tuesday its fiscal first-quarter profit fell 13 percent as sales tumbled on a volatile aerospace market and soft overall demand.
Bob Evans Farms 4th-quarter profit rises partly on lower food and labor costsJune 3rd, 2009 Bob Evans Farms 4Q profit climbs on lower costsCOLUMBUS, Ohio — Bob Evans Farms Inc., operator of Bob Evans and Mimi's Cafe restaurants, said its fourth-quarter profit rose 31 percent, helped by the performance of its namesake restaurants and lower labor and food costs. Late Thursday, the company that also produces pork sausage said it earned $21.1 million, or 69 cents per share, for the quarter ended April 24 compared with $16.1 million, or 52 cents per share, a year ago.
VeriSign reports 1st-quarter profit on boost in revenue, lower restructuring costsMay 9th, 2009 VeriSign reports 1Q profit on revenue, lower costsMOUNTAIN VIEW, Calif. — VeriSign Inc., which provides Internet infrastructure services, said Thursday it posted a first-quarter profit on a boost in revenue and lower expenses.
Chinese refiner Sinopec says 1Q net profit up 85 pct on higher fuel prices, lower crude costsApril 28th, 2009 Chinese refiner Sinopec: 1Q net profit up 85 pctSHANGHAI — China Petroleum & Chemical Corp., Asia's largest refiner by capacity, said Tuesday that its net profit rose 85 percent in the first quarter, helped by rising prices for oil products and lower crude oil costs. The company, also known as Sinopec, reported a net profit of 11.2 billion yuan ($1.6 billion) in January-March, up from 6.06 billion yuan in the first quarter of 2008.
Air Products posts 36 percent drop in 2nd-quarter profit on lower salesApril 22nd, 2009 Air Products profit, revenue fall in fiscal 2QLEHIGH VALLEY, Pa. — Air Products & Chemicals Inc., which supplies oxygen and other gases to the industrial and medical sectors, on Wednesday said its fiscal second-quarter profit dropped 36 percent as the continued decline in the global manufacturing industry cut into its sales.
L&T profit jumps 215 percentJanuary 29th, 2009 NEW DELHI - Construction and engineering giant Larsen and Toubro (L&T) posted a 215.5 percent jump in its quarterly profit, primarily riding on the income from the sale of its ready-mix concrete (RMC) business. The company filed a net profit of Rs.15.2 billion (Rs.1,520.44 crore/$338.75 million) for the third quarter of 2008-09, as against Rs.4.81 billion during the same period last fiscal.
Eveready posts Rs.84 mn third quarter profitJanuary 27th, 2009 KOLKATA - Manufacturers of batteries and packet tea, Eveready Industries, posted a net profit of Rs.84.3 million (Rs.8.43 crore) in the quarter ended Dec 31, against a loss of Rs.27 million (Rs.2.7 crore) in the corresponding period last fiscal, the company said here Wednesday. Eveready incurred a loss in the third quarter last fiscal as it had to pay a deferred tax of Rs.42.2 million (Rs.4.22 crore), the company said.
UCO Bank net profit rises over 100 percentJanuary 20th, 2009 KOLKATA - The city-based UCO Bank has posted a net profit of Rs.1.72 billion (Rs.171.64 crore) in the quarter ended Dec 31, as against Rs.827 million (Rs.82.78 crore) in the corresponding quarter last fiscal, reflecting an increase of over 100 percent, a top company official said here Wednesday. 'The net profit in this quarter jumped by 107.35 percent.
HT Media net profit down 79 percentJanuary 19th, 2009 MUMBAI - HT Media, which publishes leading dailies like Hindustan Times and Mint, Tuesday reported a sharp drop of 79 percent in its net profit during the third quarter of this fiscal. In a regulatory filing, the company said its net profits fell to Rs.78 million for the third quarter of this fiscal from Rs.369 million for the corresponding period the previous fiscal.