The average collection period of debtors stands reduced by 30 days, says Devansh Jain, the whole-time director of company.
06 May 2016, 5.41 pm | Source: CNBC-TV18
In the fourth quarter of FY16, Westlife Development saw an 8.4 percent rise in the same- store sales quarter-on-quarter, compared to 3.1 percent. Jatia attributed this to the launch of the new Maharaja Mac and McCafe.
06 May 2016, 4.32 pm | Source: CNBC-TV18
NIIT Technologies posted a healthy set of fourth quarter numbers with fourth quarter revenues rising 12 percent to Rs 684.7 crore and it swung to a profit of Rs 79 crore from a loss last year.
06 May 2016, 3.16 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Vivek Yadav, VP of Havells India said that this segment represents a very attractive proposition as the current market size is small – about Rs 500 crore – and expects Rs 100 crore revenue from it by 202...
06 May 2016, 3.00 pm | Source: CNBC-TV18
At present, Bajaj has an order book of Rs 2,000 crore, and that it will bid for those tenders that will meet the company's margins requirements. It, however, plans to add more distributors to its network, says Shekhar Bajaj, CMD, ...
06 May 2016, 2.25 pm | Source: CNBC-TV18
Yashwant Mishra, President-Corporate & CFO of Mangalam Cement, says the company could only used 68% of its capacity. The cement co expects a turnover of up to Rs 1,300 crore this year.
06 May 2016, 1.00 pm | Source: CNBC-TV18
Since application for license is now on-tap or on an ongoing basis, the company will prefer to wait and apply at an appropriate time, says Sanjiv Bajaj, MD of Bajaj Finserv.
06 May 2016, 12.28 pm | Source: CNBC-TV18
Castrol India has seen a robust volume growth of 9 percent during the March quarter, Rashmi Joshi, Director-Finance at Castrol India told CNBC-TV18.
06 May 2016, 11.53 am | Source: CNBC-TV18
The board of Diamond Power will meet on May 16 to consider various debt realignment options, including re-organization of the business, to consider a Rs 825 crore proposal from an investor, to offer 51 percent stake to a "strategi...
06 May 2016, 11.51 am | Source: CNBC-TV18
Giving an outlook for the company, Prabodh Agrawal, Group CFO of IIFL said that there has been a slowdown in the mutual fund distribution business but the company has coped well with changes in mutual fund fee structure.
06 May 2016, 10.46 am | Source: CNBC-TV18
The international business may grow up by 20-25 percent, and the company can see an uptick in the growth from Q2 onward, says NH Bhansali, CEO- Finance Strategy and Business Development, and CFO of Emami Group.
06 May 2016, 10.44 am | Source: CNBC-TV18
Talwalkars Better Value Fitness reported a steady fourth quarter yesterday, topping off a year in which its revenues about 15 percent to Rs 258 crore while profit grew 20 percent to Rs 55 crore.
06 May 2016, 10.35 am | Source: CNBC-TV18
While SREI Infra fits the criteria laid out in the draft guidelines and is also well capitalised, Vice Chairman Sunil Kanoria says, no decision has been made yet on applying for a license.
06 May 2016, 9.36 am | Source: CNBC-TV18
In an interview to CNBC-TV18, Vishal Sikka, CEO & MD of Infosys says, innovation and automation will be crucial factors to achieve the company's 2020 revenue guidance of USD 20 billion.
06 May 2016, 8.36 am | Source: CNBC-TV18
Revenue gained 12 percent to Rs 535.1 year-on-year (YoY) and EBITDA margins grew 150 basis points (bps) to 17.4 percent (YoY).
05 May 2016, 3.16 pm | Source: CNBC-TV18
Cement realisations have fallen to Rs 3,200 per tonne in Q4FY16 from Rs 4000 per tonne earlier, said Deepak Khetrapal, MD & CEO of Orient Cement
05 May 2016, 12.24 pm | Source: CNBC-TV18
Revenue went up 9.6 percent to Rs 1,308 crore (YoY) and EBITDA margins grew 2.4 percentage point to 12.7 percent (YoY).
05 May 2016, 12.01 pm | Source: CNBC-TV18
Assets under management (AUM) stood at Rs 7676 crore, up 84 percent year-on-year (YoY), while the gross non-performing assets (GNPA) decreased to Rs 4.1 crore against Rs 6.3 crore sequentially.
05 May 2016, 11.12 am | Source: CNBC-TV18
Sun Pharma has completed a 12 weeks trial of its psoriasis drug, MK 3222, but needs 52-124 weeks data to apply for a license with the US FDA, says Surajit Pal, pharma analyst at Prabhudas Lilladher.
05 May 2016, 10.33 am | Source: CNBC-TV18
The company is also looking to sell non-core assets worth nearly Rs 3,000 crore to deleverage its balance sheet, says Ravi Uppal, MD & CEO of Jindal Steel and Power (JSPL).
05 May 2016, 10.16 am | Source: CNBC-TV18
Consumer electrical and electronics company V-Guard Industries expects the EBITDA to grow by 24-25 percent in FY17, says Jacob Kuruvilla, CFO, V Guard.
05 May 2016, 10.04 am | Source: CNBC-TV18
Speaking to CNBC-TV18, R Srikrishna, ED and CEO of Hexaware said that slower ramp up from new clients impacted its revenue, while one-off cost elements like visa, medical expense impacted the margins.
05 May 2016, 8.51 am | Source: CNBC-TV18
Future Group completed its buyout of furniture marketplace FabFurnish last month. This deal will give the group velocity of sale and help it reach more geographic loctions, says Kishore Biyani, Founder, Future Group.
04 May 2016, 7.26 pm | Source: CNBC-TV18
The Chhattisgarh plant doesn't need a turnaround as it is suffering from sector woes, says Sanjay Sagar, Joint Managing Director and CEO of JSW Energy.
04 May 2016, 7.14 pm | Source: CNBC-TV18
In last few years startups have been over-funded, which could be the fault of investors, entrepreneurs and press, says Naren Gupta, Co-founder of Nexus Venture Partners.
04 May 2016, 6.31 pm | Source: CNBC-TV18
The pharma firm already has 200 brands, with three or four being in the top five in India, says Rajiv Modi, Chairman & MD, Cadila Pharmaceuticals.
04 May 2016, 3.19 pm | Source: CNBC-TV18
Godrej Consumer Products Ltd declared a robust set of numbers, with profits rising 12 percent while net sales grew 7 percent.
04 May 2016, 2.14 pm | Source: CNBC-TV18
Nitin Spinners' total debt stands at Rs 290 crore, of which it plans to pay back around Rs 50 crore, says its Managing Director Dinesh Nolkha.
04 May 2016, 2.09 pm | Source: CNBC-TV18
Cipa will help in treating about 7.5-34 million people, the number of cases reported for dengue, says Kirti Ganorkar, Senior VP - Business Development & Portfolio Management at Sun Pharma.
04 May 2016, 1.42 pm | Source: CNBC-TV18
MEP Infra will be managing the Paduna toll in Rajasthan and pay Rs 128 crore to the NHAI for a year.
04 May 2016, 12.41 pm | Source: CNBC-TV18