interpolation , last quarter 68.40 total revenue , of which 10 percent viz 6.8 cr is revenue from india. on annual basis revenue from india @ 24.3 cr .to put it another way , global operations contribute 90 percentage of revenue ,& is subject to forex loss & global recession.
2.04 PM Nov 28th
25 percentage revenue from Britain, post brexit pound depreciation , forex loss.being long term contracts billing rates cannot be increased to offset pound depreciation.these contracts are not profitable now , post brexit. earning to take strong hit next 4 quarters
1.31 PM Nov 22nd
The timing of demonetisation coincides with FCNR deposits redemption and repatriation thereof which will be there till December. But for the present move of the Government, some of our major banks must have been squeezed due to forex loss on these deposits. Further, Trump effect will be known
11.19 AM Nov 21st
Profit b4 other income stood @ 2.68Cr as that of 2.61Cr of last quarter, other income @1.15Cr as that of 1.89Cr, Foreign exchange Gain of 45 Lacs as that of 2.14 Cr Forex loss, Profit before tax stood @ 4.27Cr as that of 2.36 Cr, and profit after tax came @ 2.87Cr as of 1.57Cr of previous quarter
7.24 PM Nov 8th
the forex losses are not core issues to the firm. fx hedges are marked to market and therefore they will show notional loss / profit . remember once they show loss on fx hedge there will be countervailing transaction profits when they actually book it at year end . so they may have fx mtm losses
3.42 PM Oct 28th
32crs of one-off tax provisioning made for the acquisition of Vedanta has caused a dent in its NP. Other negatives incl. lower Other income and forex loss of 93 crs. However QoQ topline growth is 16.8% and QoQ NP growth not incl. the one-off exps. is at 17% only marginally lower than the 19% growth
1.16 PM Oct 28th
sqs declared interim divided of rs 4 per share. company has put in commendable results despite bfsi sector in doldrums. ebitda falls 2.6 percentage in adverse conditions.eps should have been same as previous q but has fallen due to forex loss pound decline on brexit.
6.48 PM Oct 20th
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