Forex Losses

Aug 31, 2015 at 18:33 | Source: PTI
Besides, fresh fall in equity market affected the value of the rupee against the US dollar. The domestic currency resumed lower at 66.25 against last Friday's closing level of 66.14 at the Interbank Foreign Exchange (Forex) market and dropped further to 66.49 before ending at one-week low of 66.48, showing a loss of 34 paise or 0.51 percent.
Aug 24, 2015 at 12:07 | Source: PTI
The rupee also weakened due to sharp fall in domestic equities with Sensex down by a 1,000 points in early trade.
Aug 11, 2015 at 09:13 | Source: CNBC-TV18
Operating profit (earnings before interest, tax, depreciation and amortisation) may jump to Rs 2,100 crore in June quarter against Rs 590 crore in the corresponding quarter of last fiscal.
Aug 10, 2015 at 08:36 | Source: CNBC-TV18
Revenue is seen rising 6.2 percent year-on-year to Rs 5,550 crore during the quarter. Core operating profit (ex-forex) may fall 3.1 percent on yearly basis to Rs 1,641 crore and margin may decline 280 basis points to 29.6 percent in Q1FY16 but sequentially margin could improve almost 380 basis points.
Aug 06, 2015 at 17:50 | Source: PTI
The rupee resumed barely weak at 63.78 as against its previous closing of 63.75 at the Interbank Foreign Exchange (Forex) market and moved in a range of 63.71 and 63.81 before concluding at 63.77 per dollar, disclosing a loss of 2 paise or 0.03 percent.
Aug 04, 2015 at 15:27 | Source: PTI
Silver followed suit and lost another Rs 450 at Rs 33,750 per kg. Traders said weakening global trend amid speculation that the Federal Reserve will raise interest rates as early as September kept pressure on the precious metal.
Jul 22, 2015 at 18:12 | Source: PTI
The rupee resumed lower at 63.58 as against previous closing of 63.55 at the Interbank Foreign Exchange (Forex) market and moved in a range of 63.62 and 63.51 before ending at 63.58, showing a loss of 3 paise or 0.05 percent.
Jul 14, 2015 at 12:36 | Source: PTI
Earlier, the rupee opened lower at 63.57 at the Interbank Foreign Exchange (Forex) Market. The rupee slid further to 63.58 before quoting at 63.53 per dollar at 1200 hrs.
Jun 12, 2015 at 19:36 | Source: PTI
Continued capital outflows and cautious local stocks ahead of announcement of macroeconomic data also weighed on the rupee, a forex dealer said. The rupee started weak at 64.05 from its previous close of 63.97 at the Interbank Foreign Exchange (Forex) market.
Jun 01, 2015 at 08:20 | Source: PTI
Its forex losses came down drastically to Rs 100 crore in the reporting year from Rs 300 crore in FY14, Roy said. Gross premium grew 3.4 per cent during the reporting year to Rs 15,183 crore from Rs 14,680 crore in FY 2014. It has chalked out an aggressive growth plan for the current fiscal.
Messages on Forex Losses »

maheshwsg

Platinum Member

77 Followers

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

anand24243

Platinum Member

8964 Followers

Thinksoft  

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

rahul5353

Gold Member

41 Followers

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

TCS  

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

aindia

Silver Member

202 Followers

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

kavi53

Platinum Member

790 Followers

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

josese111

Platinum Member

1532 Followers

Superhouse  

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

kavi53

Platinum Member

790 Followers

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

g2investmen
t

New Member

4 Followers

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

sanatan_moh
anty

Platinum Member

100 Followers

Subex  

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

5.12 PM May 29th 2014

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