Slippages during the first quarter were Rs 3,878 crore, of which Rs 648 crore was mainly in existing accounts, said Canara Bank Managing Director & CEO Rakesh Sharma.
25 Jul 2016, 5.56 pm | Source: CNBC-TV18
Key things to watch out for would be asset quality, AUM growth and commentary on rural economy.
25 Jul 2016, 5.45 pm | Source: CNBC-TV18
Profit is expected to increase mainly due to higher other income and topline is likely to be supported by higher realisations.
25 Jul 2016, 5.37 pm | Source: CNBC-TV18
Better operational performance, lower depreciation expenses and higher other income may support the bottomline.
25 Jul 2016, 5.21 pm | Source: CNBC-TV18
Earnings will be impacted by the new accounting standards. In the new Indian Accounting Standards (IndAS) joint ventures will be consolidated using the equity method, which will lead to a decline in the consolidated revenue and EB...
25 Jul 2016, 4.36 pm | Source: Moneycontrol.com
EBITDA margins may improve 70 basis points (YoY) due to higher share of Victor sales as it recieved good response. Margins will also benefit from moderation in marketing spends. However, problem with TVS motor is that margins are...
25 Jul 2016, 4.16 pm | Source: Moneycontrol.com
Speaking to CNBC-TV18, Jitendra Mamtora of the company said that the company’s order book stands at Rs 868 crore as of June 30. The company has Rs 200 crore worth orders in the pipeline.
25 Jul 2016, 4.12 pm | Source: CNBC-TV18
Public sector lender Canara Bank's first quarter earnings disappointed analysts on Monday with profit falling sharply by 52.2 percent to Rs 229 crore compared with Rs 478.84 crore in same period last year. In Q4FY16, it had posted...
25 Jul 2016, 3.49 pm | Source: Moneycontrol.com
Net interest income, the difference between interest earned and interest expended, rose by 28.2 percent to Rs 1,053 crore and non-interest income (other income) increased by 15 percent to Rs 225.5 crore compared with year-ago peri...
25 Jul 2016, 3.23 pm | Source: Moneycontrol.com
Revenue increased 1.7 percent to Rs 204.3 crore in the quarter ended June 2016 compared with Rs 200.9 crore in same period last year, the company said in its filing.
25 Jul 2016, 2.50 pm | Source: Moneycontrol.com
In an interview with CNBC-TV18, Gagan Banga, VC and MD of the company said that it has been able to reduce the cost of funds successfully and expects to increase its market share in the home loan segment.
25 Jul 2016, 2.33 pm | Source: CNBC-TV18
Chief Financial Officer, Chintan Thakkar says if the company were using old methods of accounting, the growth in Naukri.com revenues would have been around 17 percent, close to the 19 percent it has reported in the previous years.
25 Jul 2016, 2.30 pm | Source: CNBC-TV18
The company had posted a net profit of Rs 28.99 crore during the same period a year ago.
25 Jul 2016, 2.08 pm | Source: PTI
The company performance this quarter was aided by two factors: good production and controlled cost of production, says KS Kasi Viswanathan, MD of Seshasayee Paper & Boards.
25 Jul 2016, 1.53 pm | Source: CNBC-TV18
Advertising revenue growth may be at around 15-17 percent while subscription revenue growth is expected at 13 percent for the quarter.
25 Jul 2016, 1.26 pm | Source: CNBC-TV18
The company reported a subdued quarter with 2.25 percent fall in its net profit to Rs 87 crore and reduced its provisions to 30.5 percent to Rs 224.5 crore in Q1. Asset quality quarter-on-quarter deteriorated to 36.9 percent at Rs...
25 Jul 2016, 1.00 pm | Source: CNBC-TV18
Analysts say volume growth is expected to be 5.5 percent against 0.4 percent in year-ago period and negative 4 percent in preceding period.
25 Jul 2016, 1.00 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Ganesh Ayyar, CEO and ED of Mphasis along with CFO, V Suryanarayanan gave future guidance for the company finances and its business plans.
25 Jul 2016, 12.39 pm | Source: CNBC-TV18
US sales in Q1 is estimated at USD 270-276 million from USD 285 million (QoQ), due to pricing pressure in drugs such as Valcyte & Vidaza generic. Also, there may be some pressure in US due to market share loss in Sumatriptan auto-...
25 Jul 2016, 12.00 pm | Source: Moneycontrol.com
Revenue is seen rising 12.5 percent year-on-year to Rs 15,081 crore due to higher realisations, though volume growth slowed down from 14 percent in Q1FY16 to 2.1 percent in Q1FY17.
25 Jul 2016, 11.53 am | Source: CNBC-TV18
Speaking to CNBC-TV18 Anurag Jain of Oriental Carbon & Chemical said that the demand was better in first quarter was better than the previous quarter.
25 Jul 2016, 11.41 am | Source: CNBC-TV18
The company has posted a revenue growth of 5 percent to Rs 248.7 crore and its net profit went up 347 percent to Rs 24.1 crore on a year-on-year basis (YoY).
25 Jul 2016, 11.13 am | Source: CNBC-TV18
Riding on the back of a good first-quarter performance, N Vasudevan, Managing Director of Equitas Holdings, says there is large unmet demand in the microfinance space which can be capitalised upon going ahead.
25 Jul 2016, 11.09 am | Source: CNBC-TV18
Anil Rai Gupta, Chairman and Managing Director, Havells India, said all of the company's verticals, except cables, saw 20 percent growth in the quarter.
25 Jul 2016, 11.07 am | Source: CNBC-TV18
In a post earnings interview, YM Deosthalee, Chairman of L&T Finance Holdings said that the whole entity has been restructured and the business is now divided in to three key focus areas - rural, housing and wholesale book segment...
25 Jul 2016, 10.54 am | Source: CNBC-TV18
Its total standalone income declined however by 5 percent to Rs 245 crore in the April-June quarter of the current fiscal from Rs 258 crore during the same quarter of 2015-16.
25 Jul 2016, 10.37 am | Source: PTI
Persistent Systems reported a 3.6 percent rise in rupee revenue to Rs 701.8 crore while its profit after tax fell 9.3 percent to Rs 73.2 crore. However, the company’s margins contracted by 80 basis points to 15.1 percent in the ...
25 Jul 2016, 10.31 am | Source: CNBC-TV18
Thyrocare’s revenue grew 21.7 percent to Rs 69.36 crore and operating profit margins improved to 39.4 percent in the first quarter of FY17.
25 Jul 2016, 10.18 am | Source: CNBC-TV18
State-run lender Canara Bank's first quarter (April-June) earnings are expected to remain under pressure due to higher credit cost. Profit is likely to fall 74.1 percent to Rs 124 crore compared with year-ago period, according to ...
25 Jul 2016, 10.17 am | Source: CNBC-TV18
The company had posted a net profit of Rs 4.12 crore for the corresponding period of fiscal year 2015-16, it said in a regulatory filing.
25 Jul 2016, 9.33 am | Source: PTI