News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Discover Latest #Depreciation News, Articles and Videos with Contenting
Depreciation is an accounting term which is used to spread the cost of an asset over its useful life. It is a method of allocating the cost of an asset over a period of time. It is used to match the cost of the asset to the revenue it generates. Depreciation is a non-cash expense and is used to reduce the value of an asset on the balance sheet. It is important to understand how depreciation works and how it affects the financial statements of businesses. Read the latest news and articles on depreciation below.
PCBL Share Price Falls 11% After Q3 Profit Declines
PCBL Ltd. share price fell 11% in early trade on Monday after its third quarter net profit declined 37% due to higher interest and depreciation expenses. Net profit fell 37% to Rs 93.1 crore, compared to Rs 148 crore in the year-ago period. The Bloomberg estimate was Rs 109 crore.
market strategy: FPI selling pressure may persist due to rupee depreciation: Deven Choksey - The Economic Times
Even likes of Jio Finance, you are getting into good price correction. So, certainly, whatever the requirement of money that we require in our funds, we currently take up this kind of activity and position ourselves in buying these companies.
rupee: ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar - The Economic Times
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate, injecting liquidity, and considering a rate cut could support growth. He downplays concerns about macroeconomic impacts, citing low inflation and the potential for improved export competitiveness.
Indian Pharma Q3 Preview: Analysts See Domestic Formulations, US Shortage Driving Growth
The Indian pharmaceutical sector is anticipated to witness robust growth in the third quarter of the fiscal 2025, driven by a combination of factors. Among them is the depreciation in the Indian rupee, which is expected to help companies' US business.
Australia's Star Entertainment posts smaller quarterly loss
Star reported a loss before interest, tax, depreciation and amortisation of A$8 million ($4.95 million) excluding significant items for the three-month period ended December, compared with an EBITDA loss of A$18 million in the first quarter. Star, which is in the middle of a cash crunch, reported an 18% decline in its operating expenses to A$52 million, citing lower corporate costs, among others. The embattled casino operator also said its available cash was A$78 million at December-end.