Forex Losses

Feb 13, 2015 at 09:55 | Source: CNBC-TV18
Glenmark Pharma reported a 46.92 percent dip in its consolidated net profit at Rs 114.77 crore for the quarter ended December 31, 2014, mainly due to forex losses and increased expenses. The company had posted a profit after tax and minority interest of Rs 216.23 crore for the corresponding period of the previous fiscal.
Jan 28, 2015 at 15:08 | Source: CNBC-TV18
Speaking to CNBC-TV18, Sarabjit Kaur Nangra of Angel Broking said on the bottomline, margins suffered due to forex loss. The drug maker reported a forex loss of Rs 132.6 crore versus gain of Rs 10.1 crore from a year ago period.
Nov 25, 2014 at 17:22 | Source: PTI
"During the quarter, our non-voice revenues grew by 14 percent, thereby contributing 43 percent of the total revenues. Our net income improved by 42 percent mainly on account of significant reduction in forex loss," SSTL Chief Executive Officer Dmitry Shukov said.
Nov 13, 2014 at 16:32 | Source:
The companys total income was down 4 percent at Rs 8,394 crore versus Rs 8,765 crore.
Nov 13, 2014 at 15:26 | Source:
The companys net sales were down by 15 percent at Rs 15,911 crore versus Rs 18,762 crore.
Nov 10, 2014 at 11:10 | Source: CNBC-TV18
Consolidated core operating profit (ex-forex) is seen falling 32.1 percent quarter-on-quarter to Rs 1,151 crore and margin may fall 160 basis points to 30.8 percent in the quarter gone by.
Aug 12, 2014 at 15:04 | Source: CNBC-TV18
Net sales grew by 13.7 percent to Rs 66,750 crore in the quarter ended June 2014 from Rs 58,705 crore in corresponding quarter of last fiscal while other income jumped 3 times to Rs 1,023 crore from Rs 338 crore during the same period, which included forex gain of Rs 587 crore versus loss of Rs 944 crore Y-o-Y.
Jul 18, 2014 at 21:59 | Source: PTI
India's largest credit rating agency Crisil today said its consolidated net profit declined 4.4 per cent to Rs 57.83 crore in the second quarter due to adverse foreign exchange movement.
May 20, 2014 at 18:21 | Source:
Mangalore Refinery and Petrochemicals (MRPL) has turned profitable with the net at Rs 1,067 crore in the quarter ended January-March of FY14 as against loss of Rs 62 crore in corresponding quarter of last fiscal, driven by forex gain, higher other income and better operational performance.
May 06, 2014 at 12:18 | Source: CNBC-TV18
Kim Eng Sec India continues to be positive on KPIT although the quarterly earnings were a miss on account of the forex loss
Messages on Forex Losses »


Platinum Member


Sintex Ind  

. Already some of the bond holders have converted their bonds to shares and all bond holders are expected to go for conversion by the maturity period therefore there is not much risk of forex losses at the time of redemption. The losses on account of dollar appreciation are only upto an extent of interest

11.44 PM Jul 7th 2014


Platinum Member



Bro ,Whn these cos (forex loss cos in FY2014) turn in profits thn yu may consider investing in them , there are so many gud solid cos going up , why yu want to Take Risks in other loss cos , B a safe Investor , First aim shud to protect yur capital n thn Gains

9.28 PM Jun 28th 2014


Gold Member


Tech Mahindra  

750 Million at INR 60.6 and GBP 250 million at INR 95.7. Therefore I believe there shall be no forex losses and if at all there could be gains.

10.27 AM Jun 19th 2014


Sell. Profit booking phase has begun. This stock has run up considerably. So big players are likely to book profits. Secondly with the forex rate showing uncertainty, company is likely to suffer some forex losses. Stronger rupee and Internation trend of awarding one job in parts to several

2.51 PM Jun 13th 2014


Silver Member


Ybrant Digital  

/amort of old/acquired software biz due to reverse merger and Rs. 17 cr is forex losses ) have reduced profits of YD by Rs 68.83 cr. But for these extraordinaries, the Q4-FY14 profits would have exceeded Rs.95 crores . If we extrapolate this , we should see close to Rs100 cr PAT in the current quarter ( Mr

11.43 PM Jun 12th 2014


Platinum Member


Ybrant Digital  

" OnMobile Global reported a net loss of Rs 124.3 crore for Jan-Mar quarter, on account of impairment and forex losses of Rs 135 crore." same story as YD ...expect is far worse off ...sees little hope for 6 qtrs ..YD`s core biz is growing 40% ...rgds

10.22 AM May 31st 2014


Platinum Member



its an overall good result , YonY and QonQ , not superb but still quite good result , the tax burden rose as well as Rupee strength impacted the profits since it has some forex loss , Overall , its an ok performance

3.12 PM May 30th 2014


Platinum Member


Ybrant Digital  

Tomar ...the write off are from biz that YD merged with to get listed , had it not been for write offs & forex losses the profit would touch 100cr this qtr , is just another qtr now , not a life time ....Please do not compare 4.7 EPS 41% YOY core biz growth with pure junk ...I do not look at real

8.36 PM May 29th 2014


New Member


Ybrant Digital  

poor q4 results due to increase in cost and huge forex loss. seems to b 4 / 5 lower circuits on the way. bad news. :-(

7.30 PM May 29th 2014


Platinum Member



Q4: Income=85.41cr Forex loss=10cr Net profit=-12cr EPS=-.73

5.12 PM May 29th 2014

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