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  • Watch: Hits & Misses of Q3 earnings

    Ushang Sheth joins in for a check on the recent midcap hits & misses.

  • Orchid Chemicals in focus post earnings

    Orchid Chemicals in focus post earnings

    Orchid Chemicals and Pharmaceuticals from the pharmaceutical space has reported good set of numbers on an operational as well as on revenue parameter this quarter on year-on-year, as well as on sequential basis. The stock is likely to be on focus today.

  • Allahabad Bank labels Orchid A/c as NPA, eyes recovery soon

    Allahabad Bank labels Orchid A/c as NPA, eyes recovery soon

    State-owned Allahabad Bank on Tuesday (May 7 2013) announced its fourth quarter earnings. It posted a 68.5 percent decline in net profit at Rs 126.15 crore on account of rise in bad loans. However company‘s non-performing assets (NPAs) have increased by about Rs 1,600 crore.

  • See EBITDA margin at 23-24% in FY14: Orchid Chemicals

    See EBITDA margin at 23-24% in FY14: Orchid Chemicals

    K Raghavendra Rao, chairman and managing director, Orchid Chemicals and Pharmaceuticals is optimistic on the company's performance in the next quarter.

  • Orchid Chemicals eyes 15-20% growth in FY13

    Orchid Chemicals eyes 15-20% growth in FY13

    After not so impressive results and a fall in Q4 net profit by 75%, K Raghavendra Rao, CMD, Orchid Chemicals said that the company‘s topline and bottomline performance has been affected mainly due to the repayment of Foreign Currency Convertible Bonds (FCCB).

  • Orchid Chemicals maintains guidance of 20-25% growth rate

    Orchid Chemicals maintains guidance of 20-25% growth rate

    K Raghavendra Rao, CMD, Orchid Chemicals tells CNBC-TV18 that high interest costs and forex losses impacted the company’s earnings.

  • Can beat FY12 guidance if exchange rate holds: Orchid Chem

    Can beat FY12 guidance if exchange rate holds: Orchid Chem

    Orchid Chemicals reported its second quarter results for FY11. The drug company posted a net profit at Rs. 23.4 crore for the quarter ended September 2011 versus Rs 24 crore in the corresponding period last year.

  • Orchid Chem hopes to maintain EBIDTA margin at 24% in FY12

    Orchid Chem hopes to maintain EBIDTA margin at 24% in FY12

    In an interview with CNBC-TV18, Raghavendra Rao, Orchid Chemicals says, the company is guiding 25% growth in the top-line and more than proportionate growth in bottom-line for FY12. “We should touch about USD 500 million in top-line and more than proportionate growth in bottom-line,” he adds.

  • Expect to better rev guidance by 10%: Orchid Chem

    Expect to better rev guidance by 10%: Orchid Chem

    Speaking to CNBC-TV18, K Raghavendra Rao, MD, Orchid Chemicals expects to end FY11 with margins of 24% and also sees strong double digit growth in the next fiscal i.e. FY12. The company also sees a revision in earlier topline guidance for FY11 and expects an additional 10% growth in revenue this year.

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