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Lenovo third-quarter profit tops expectations, posting all-time-high revenue and profit

Lenovo third-quarter profit tops expectations, posting all-time-high revenue and profit Toggle share menu Advertisement Lenovo third-quarter profit tops expectations, posting all-time-high revenue and profit China s Lenovo Group, the world s biggest maker of personal computers, posted on Wednesday a bigger-than-expected 53per cent rise in third-quarter profit, helped by robust demand from people working from home as COVID-19 restrictions persisted. FILE PHOTO: The Lenovo logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration 03 Feb 2021 12:30PM (Updated: 03 Feb 2021 01:10PM) Share this content Bookmark SHANGHAI: China s Lenovo Group, the world s biggest maker of personal computers, posted on Wednesday a bigger-than-expected 53per cent rise in third-quarter profit, helped by robust demand from people working from home as COVID-19 restrictions persisted. Net prof

Tata Motors I Tata Motors profits surge 67% on pent-up demand

Updated Jan 30, 2021 | 09:38 IST Tata Motors results are a strong comeback for the automobile giant, which reported losses for three consecutive quarters as the pandemic hammered demand in domestic and international markets. Tata Motors profits surge 67% on pent-up demand  |  Photo Credit: PTI Profits at India s Tata Motors jumped 67 percent during the last quarter of 2020, the company said Friday, benefiting from pent-up demand that saw consumers flock to buy cars. The Mumbai-headquartered firm, which owns British luxury brand Jaguar Land Rover (JLR), saw consolidated net profit climb to 29.06 billion rupees ($398.91 million) during the October-December quarter from 17.38 billion rupees a year earlier.

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