In an interview to CNBC-TV18 after reporting its fourth quarter earnings, Firodia said the traveller products division did very well with vehicles business contributing about 70 percent to growth and balance 30 percent coming from...
29 Apr 2016, 4.51 pm | Source: CNBC-TV18
Jyoti Ghosh, managing director at State Bank of Bikaner & Jaipur said as part of the asset quality review the bank focussed even on smaller accounts and managed to recover Rs 384 crore from about 91,000 accounts in FY16.
29 Apr 2016, 3.50 pm | Source: CNBC-TV18
The pharma company had posted strong fourth quarter profits but margins had contracted. The R&D spend for the quarter stood at 9 percent, says Yogesh M Agrawal, Managing Director of the company.
29 Apr 2016, 3.35 pm | Source: CNBC-TV18
Revenue degrew for the last fiscal year because of divestment of its flexible packaging business and raw material pass through, said Ashok Goel VC & MD, Essel Propack.
29 Apr 2016, 11.38 am | Source: CNBC-TV18
Explaining the poor numbers for the last fiscal year, Naveen Sorot, CFO Of Steel Strips Wheels, said a reduction in steel prices had impacted sales.
29 Apr 2016, 10.51 am | Source: CNBC-TV18
To increase the EBITDA margins for the company from 6 percent in FY16, Thakur said that expanding into new geographies and product launches are on the cards.
29 Apr 2016, 10.26 am | Source: CNBC-TV18
HCC's arbitration claims are at Rs 11,000 crore, says MD Ajit Gulabchand, adding that Rs 3,041 crore awarded is yet to come through.
29 Apr 2016, 9.58 am | Source: CNBC-TV18
Sunil Duggal, CEO of Dabur India said while FY17 is seen to be a better year given hope of good monsoons and pick up in rural demand in particular, the company will be able to achieve double-digit revenue growth only in the second...
28 Apr 2016, 4.17 pm | Source: CNBC-TV18
Volume as well revenue growth in FY17 is expected to be better than that of FY16, says Nitin Patel, ED of Sadbhav Engineering.
28 Apr 2016, 3.18 pm | Source: CNBC-TV18
Kajaria Ceramics did better than the guidance it had given for growth in volumes in the last quarter of financial year 2016. It had guided about 10 percent growth in volumes but performed better at 12 percent.
28 Apr 2016, 1.57 pm | Source: CNBC-TV18
Strong orderbook and focus on tapping opportunities will help growth momentum for HCL, says the management.
28 Apr 2016, 11.51 am | Source: CNBC-TV18
The company has recently received orders worth Rs 530 crore from marine and defence sector for gear boxes for frigate (warships), says PR Patel, CMD, Elecon Engineering.
28 Apr 2016, 11.31 am | Source: CNBC-TV18
The first half of FY17 may be muted but the company expects to see industry-level growth in the second half, says Kishor Patil, CEO and MD of KPIT.
28 Apr 2016, 10.47 am | Source: CNBC-TV18
The company is well stocked up on raw materials for the next couple of months and it would not take a hit on raw material prices assuming they move up, says Manoj Jaiswal, CFO of Ceat.
28 Apr 2016, 10.44 am | Source: CNBC-TV18
Higher single-digit growth in volumes might not be possible for the industrial business, says HM Bharuka, MD, Kansai Nerolac.
28 Apr 2016, 10.31 am | Source: CNBC-TV18
Yes Bank has traditionally been a corporate-focused lender. How was it then emerged as a bank with one of the healthiest banks despite the economic slowdown and ensuing NPA crisis?
27 Apr 2016, 8.18 pm | Source: CNBC-TV18
During the last quarter, there was no sale of loans to any asset reconstruction companies (ARC). There was sale of a standard account to an ARC, says Lakshmi Vilas Bank CFO Palaniappan Manickam.
27 Apr 2016, 4.10 pm | Source: CNBC-TV18
Raymond is in an investment phase currently, benefits of which will be visible in the next two-three years, says Sanjay Bahl, Group CFO of the company.
27 Apr 2016, 12.25 pm | Source: CNBC-TV18
Biocon R&D team is working on the second phase of the development of oral insulin, and Kiran Mazumdar-Shaw, Chairman & MD, Biocon, hopes that it becomes an approved product in the next 2-3 years.
27 Apr 2016, 11.59 am | Source: CNBC-TV18
The bank has assessed the status of the corporates, their current payment track record, their fundamentals, and the probability of the slippages, before taking a call on making the watch list, says V Srinivasan, Deputy MD of Axis ...
27 Apr 2016, 11.00 am | Source: CNBC-TV18
The cold storage chain recently reduced the fleet size of its trucks. Due to the downsizing, the margins have gone up and are at 26 percent which are sustainable, says AM Sundar, CFO, Snowman Logistics.
27 Apr 2016, 10.14 am | Source: CNBC-TV18
V Srinivasan, Deputy MD, Axis Bank, expects the bank's credit cost to be around 125 basis points for the current year.
26 Apr 2016, 8.46 pm | Source: CNBC-TV18
The bank's slippages in Q4 of the last fiscal year stood at Rs 1800 crore, says Jeevandas Narayan, MD, State Bank of Travancore.
26 Apr 2016, 12.39 pm | Source: CNBC-TV18
Realisation rate, which was at Rs 12,200 for the fourth quarter of FY16, will remain at the same level for the first quarter of FY17, says DP Deshpande, MD of Tata Sponge Iron.
26 Apr 2016, 11.30 am | Source: CNBC-TV18
Borrowing costs should go down by 15-20 bps in FY17, while 70 percent of incremental borrowing will come from bond markets, says Gagan Banga, Vice Chairman & Managing Director of Indiabulls Housing Finance.
26 Apr 2016, 10.41 am | Source: CNBC-TV18
Welspun is betting on innovation and branded products to drive margins, which Dipali Goenka, CEO & joint-managing director of the company says, will be around 22-24 percent going forward.
25 Apr 2016, 3.55 pm | Source: CNBC-TV18
The hot summer has not impacted its business yet. The company will look to attract 7 lakh people to its amusement park in Hyderabad, says Arun K Chittilappilly, MD of Wonderla Holidays.
25 Apr 2016, 1.14 pm | Source: CNBC-TV18
The company has already started its refinancing process and its four special purpose vehicles (SPV) are completed, too. With refinancing in place, Nitin Patel, Director, Sadbhav Infrastructure Project, expects to see an increase i...
25 Apr 2016, 12.53 pm | Source: CNBC-TV18
The company is in the process of setting up texturising machines that will boost its first quarter revenues for FY17 from Rs 350 crore in Q4 FY16, says Madhu Sudhan Bhageria, VC & MD of Filatex India.
25 Apr 2016, 11.18 am | Source: CNBC-TV18
The deal with IBM contributed 8 percent to Persistent's revenue in Q4. Expect it to increase to 15-20 percent in FY17, says Anand Deshpande, MD and CEO of the company.
25 Apr 2016, 10.22 am | Source: CNBC-TV18