Aug 05, 2015 at 16:45 | Source: Moneycontrol.com
The automation and software solutions provider has registered new orders of Rs 2,234 crore in June quarter, down more than 18 percent compared to Rs 2,732 crore in the same period last year.
Aug 05, 2015 at 16:04 | Source: Moneycontrol.com
Cognizant raised its full year revenue and EPS guidance for the second time this year. "Fiscal 2015 revenue is expected to be at least USD 12.33 billion, up at least 20.1 percent compared to 2014 and non-GAAP diluted earnings per share is expected to be at least USD 3," the software services provider said.
Aug 05, 2015 at 14:08 | Source: Moneycontrol.com
Net interest income, the difference between interest earned and interest expended, rose by 3.6 percent to Rs 2,517 crore in June quarter compared to Rs 2,429 crore in same quarter last fiscal.
Aug 05, 2015 at 13:52 | Source: Moneycontrol.com
Overall performance was also supported by its power business, which contributes 23 percent to total revenue, increased by 27.9 percent to Rs 398.43 crore year-on-year
Aug 05, 2015 at 11:17 | Source: Moneycontrol.com
The premium range constitutes about 40 percent of total battery volumes and MRPs of various types will be increased from 50 paise to Rs 1 per piece, said Amritanshu Khaitan, managing director of Eveready.
Aug 04, 2015 at 10:16 | Source: Moneycontrol.com
The brokerage has not attributed any value to the China JV. It believes the market is factoring in most of China's negatives and ignoring the strong product cycle. It also revised down earnings for FY16E17E by 2021 percent.
Aug 03, 2015 at 13:59 | Source: Moneycontrol.com
Credit Suisse retains outperform rating. It is positive on execution pick-up from large backlog, large orders execution,weaker segments losing weight and margin support from operating leverage and commodities.
Aug 03, 2015 at 10:08 | Source: Moneycontrol.com
Operating profit (earnings before interest, tax, depreciation and amortisation) grew by 19 percent year-on-year to Rs 346 crore and margin expanded by 130 basis points to 30.7 percent in June quarter against expectations of Rs 350 crore and 29.8 percent, respectively.
Aug 01, 2015 at 13:25 | Source: Moneycontrol.com
The steep reduction in loss was due to break even at EBITDA level (earnings before interest, tax, depreciation and amortisation) against loss of Rs 9.5 crore in the corresponding quarter of last fiscal.
Aug 01, 2015 at 10:50 | Source: Moneycontrol.com
Domestic sales increased by 22.5 percent to 1.1 lakh units compared to 90,093 units in the year-ago period while exports grew only 0.2 percent to 11,307 units in July.