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Q3 Results: GAIL profit rises 121% on higher spot LNG prices

CFO News Room

State-run gas transporter GAIL ’s net profit increased 121.1% crore on a standalone basis in the quarter ended December, as the natural gas marketing business — GAIL’s largest revenue earner — reported a before-tax profit of Rs 1,749.7 crore against a loss of Rs 73.7 GAIL revenue increased 65.9% y-o-y to Rs 26,427.4

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Highest Paid CFOs in the World in 2024

The Finance Weekly

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? In a nutshell, companies are starting to view CFOs as smart investments rather than just expenses. Highest Paid CFOs in the World in 2024 1. As the Director of Amyris Inc.,

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Chewy Looks to Open More Automated Fulfillment Centers in Drive to Control Costs

CFO News Room

Marte said, adding that Chewy is working to grow profits and taking out costs. Its net profit was $2.3 million loss in the year-ago quarter. Its net profit margin rose from minus 1.5% to 2% of net sales on capital expenses, according to the CFO. . WSJ | CFO Journal. billion for the quarter ended Oct.

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Norwegian Cruise Line, Allstate, Roblox and more

CFO News Room

Alcoa’s adjusted fourth quarter loss was 70 cents per share, narrower than the 81 cent loss expected, according to StreetAccount. However, the company’s adjusted EBITDA — a profit metric that includes fewer expenses than net income — missed estimates. Alcoa — Shares of the aluminum company fell 4.6%

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Protecting Your Law Firm

CFO Simplified

But what’s missing is the “home care” that’s needed to make sure that their firm is running efficiently and profitably. And we also see the opposite, where a CFO has the title of CFO/Office Manager, and is even relegated to ordering office supplies. The post Protecting Your Law Firm appeared first on CFO Simplified.

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Foot Locker, JD.com, Gap and others

CFO News Room

in premarket trading after an unexpected return to profitability and better-than-expected sales. Williams-Sonoma reported better-than-expected sales and profit for its latest quarter. The cybersecurity company also issued slightly improved guidance as companies increase spending on network security. JD.com shares jumped 5.2%

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Five Focal Points for Future-Ready CFOs

CFO Leadership

The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly. As they tackle these and other high-stakes priorities, CFOs extend the finance organization’s expertise and value into every aspect of enterprise strategy. Inflation Reduction Act.