Forex Losses

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.
May 27, 2015 at 10:00 | Source: Moneycontrol.com
Tech Mahindra plunged 12 percent after reporting weak numbers with EBIT margin contracting to 12.37 percent from 17.66 percent on a sequential basis and profit collapsing 41.4 percent to Rs 472 crore due to decline in margin and higher forex loss.
May 27, 2015 at 09:54 | Source: CNBC-TV18
Tech Mahindra missed street forecast on Tuesday with the fourth quarter consolidated profit falling 39.2 percent sequentially to Rs 472 crore, dented by lower margin and higher forex loss.
May 12, 2015 at 14:42 | Source: Moneycontrol.com
Fourth quarter profit was below estimates mainly due to one off forex loss of Rs 84.3 crore in Venezuela.
Apr 17, 2015 at 12:16 | Source: Moneycontrol.com
Dollar revenue growth in constant currency was 1.8 percent on sequential basis. The software services exporter has reported a forex loss of Rs 13 crore for the quarter against gain of Rs 7 crore in December quarter.
Apr 16, 2015 at 16:00 | Source: Moneycontrol.com
Mindtree's fourth quarter consolidated net profit declined 8.4 percent sequentially to Rs 129 crore that fell short of expectations on Thursday, impacted by forex loss. Profit was expected at Rs 134 crore for the quarter, according to a CNBC-TV18 poll.
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.
Messages on Forex Losses »

maheshwsg

Platinum Member

74 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

7324 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

197 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

778 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

1251 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

778 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

97 Followers

Subex  

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

5.12 PM May 29th 2014

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May 30, 2014 at 08:17 | Source: Calcutta Telegraph News
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