Mother Dairy's turnover grew by 9 per cent in the last fiscal to about Rs 7,850 crore helped by better sales in value-added dairy products and edible oils businesses.
Digital mediums are likely tornsurpass traditional ones by 2021-22, when smart phone andrnbroadband penetration increases in the country, according tornEY India.
CK Birla group firm Orient Electric said it would cross Rs 2,000 crore turnover in next four years, mainly on account of new products additions in existing segment and increase in exports.
Sugar firm EID Parry (India) Ltd, today reported sharp increase in consolidated net profit at Rs 132 crore in the third quarter of this fiscal from Rs 6 crore in the year-ago period.
Lighting firm Halonix Technologies is eyeing over two-fold increase in its turnover at Rs 1,000 crore by fiscal 2020 and aims to become one of the top three players in energy saving lighting segment in India.
Future Group firm Brand Factory is eyeing over three-fold jump in turnover to Rs 3,500 crore by fiscal 2020 as it expands its footprint across the country.
IT services and solutions provider Hitachi System Micro Clinic is aiming to clock three-fold growth in next two years and cross Rs 1,000 crore turnover by FY 2017-18.
Kitchen appliance brand TTK Prestige is eyeing a 15 per cent rise in turnover to over Rs 1,700 crore this fiscal on the back of new product launches and better market sentiments.
The company will have a turnover of around Rs 200-300 crore in FY17, says Ghorpade. He did not give a strict guidance due to instability in iron ore and manganese prices. The company was plagued with the same issue last fiscal when its turnover for manganese was Rs 17 crore and 47 crore for iron ore.
Pune-based packaged foods brand Mother's Recipe, which is eyeing a turnover of Rs 500 crore by 2018-19, is planning to enter the frozen food category in the next two years.
Indian Oil Corp (IOC) reported a record net profit of Rs 10,399 crore in 2015-16 to become nation's second most profitable PSU, even as it posted an 80 percent drop in March quarter earning because of inventory losses
Mangalore Refinery and Petrochemicals Ltd (MRPL) on May 12 reported a 15.6 percent rise in the March quarter net profit on back of higher margins on turning crude oil into fuel
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.
Jagran Prakashan on Friday demerged its radio business into single radio channel - Radio City, in which the company will hold 93 percent stake, Jagran's CFO RK Agarwal told CNBC-TV18.
The Group also plans to grow its B2B business domestically, especially in defence production with the government encouraging the sector.
In order to drive volume, the company would also enhance sales network to 9,000 from its present 3,800 by the end of this year.
KEI Industries outperformed the market year-to-date with 63 percent gains. Anil Gupta, CMD of the company expects to clock export sales of Rs 250 crore in FY16 and retail sales of Rs 750-800 crore. He is also expecting 20-25 percent growth turnover this fiscal.
Harsh V Agarwal, wholetime director, Emami says the acquisition is small but strategically important one.
Exports recorded 72 percent growth at Rs 725 crore during the 11-month period compared to of Rs 421 crores for the same period last year, 2013-14.
Traded turnover in the cash market is a good indicator of retail participation in the stock market. And looking at the steady decline in cash market volumes since 2009, it is evident that retail investors are yet to regain their appetite for equities.
Nitin Johri, CFO, Bhushan Steel is confident of maintaining sales growth for cold rolled coil (CRC) going forward. CRC showed a 14-15 percent growth.
Satnam Arora, MD, Kohinoor Foods expects the turnover to be between Rs 1300-1400 crore for the year and so, hope to end FY14 with a profit of Rs 25 crore.
In three years, March 2013 to March 2016, Kajaria is projecting a turnover of almost Rs 3,000 crore plus and for that the company needs capex of approximately Rs 425-450 crore.
The company had reported a turnover of Rs 1,069 crore in the last financial year. Intex Technologies, which at present sells CRT TVs, LED TVs, Induction cooker, is foraying into washing machines category later this month.