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  • Whirlpool's Indian arm misses Q4 profit

    (Representative Image)Appliances maker Whirlpool of India reported a smaller-than-expected fourth-quarter profit on Monday, hurt by stiff competition and higher input costs, while demand remained steady for its cooling appliances. Consolidated net profit rose nearly 24% to 775.9 million rupees ($9.3 million) in the three months ended March 31, missing analysts' estimates of 899.6 million rupees, according to LSEG data. Revenue from operations in the Indian unit of NYSE-listed Whirlpool Corp rose...

  • Arm Q4 results: Why this analyst isn't surprised by the forecast

    Shares of Arm Holdings (ARM) are falling Wednesday despite surpassing expectations on both the top and bottom lines in its fourth quarter results. To shed light on this unexpected market reaction, New Street Research Analyst Rolf Bulk joins Yahoo Finance. Bulk acknowledges that while Arm had a solid quarter, the company's full-year guidance came in "a bit shy of consensus." However, he says he is not surprised by Arm's outlook, citing certain parts of the business, such as "licensing in...

  • Zomato Q4 earnings; Blinkit edges closer to profitability

    Food delivery major Zomato reported a lower-than-expected quarterly profit of Rs 175 crore on Monday. Details on this and more in today’s ETtech Top 5.Also in this letter:■ Zomato Esop costs to rise■ Apple India's FY25 starts with a bang■ SoftBank swings to Q4 profitZomato posts Q4 consolidated net profit at Rs 175 crore 110089129Online food delivery firm Zomato on Monday reported a consolidated net profit of Rs 175 crore in the March quarter against a consolidated net loss of Rs 188...