EBITDA margin may improve quarter-on-quarter due to better product mix (higher revenue contribution from high-margin switchgear segment) and moderate price increase across segments.
Analysts expect earnings before interest and tax (EBIT) at 16.6 percent for the quarter against 16.8 percent in previous quarter as operating efficiencies and cross currency tailwinds, partly offset by impact of wage revision effective June.
Revenue from operations grew by 2 percent to Rs 6,566.4 crore compared with Rs 6,432.3 crore in same quarter last fiscal.
Watch the speech of Alok Agarwal CFO, RIL where he spoke on the company's second quarter earnings.
CNBC-TV18's Varinder Bansal talks about Global Vectra and its outstanding Q4 performance in the special segment, 'Earnings Pataka'.
CNBC-TV18’s Varinder Bansal talks the Q4 earnings of Gravita in the special segment ‘Earnings Pataka’.
Watch Reliance Industries Chief Financial Officer, Alok Agarwal, speak about the company's Q4 earnings.
Accelerated growth will come from car and pre-owned vehicle segments, says Ramesh Iyer, Vice-Chairman and Managing Director, M&M Financial Services.
Castrol India has a long term strategy of focussing on personal mobility side and wants to sustain profitability and volume growth going forward, said Rashmi Joshi, Chief Financial Officer and Whole Time Director, Castrol India.
ITD Cementation hopes to grow revenues by 8-10 percent this year with significant improvement in the bottom-line, says Chief Financial Officer, S Ramnath.
Tata Power is keen to pare its debt and bring down the debt-equity ratio to 2 through sale of non-core assets, says CEO & MD Anil Sardana.
Executive Director Nrupesh Shah expects Symphony to maintain a topline growth of 20-25 percent. The Ahmedabad-based air cooler company last week reported a 17.45 per cent jump in third quarter standalone net profit to Rs 56.06 crore.
SEBI has passed an order asking Vijay Mallya to not be on the board till the order is stayed, said Shekhar Ramamurthy, MD of United Breweries.
Basmati rice company KRBL Ltd reported over two-fold jump in its consolidated net profit at Rs 110.75 crore for the quarter ended December. Company‘s chief says consumer acceptability of the brand helped increase profits.
Engineering firm Kalpataru Power Transmission Ltd (KPTL) reported a 57 percent jump in its standalone net profit at Rs 57.14 crore in the quarter ended December 31, 2016. The company is confident of 15-20 percent growth next year.
Gayatri Projects, the flagship company of the Gayatri Group, reported their quarterly earnings for the quarter ended December 2016.
Entertainment Network (India) Ltd (ENIL) reported its quarterly results for the quarter ended December 2016. The earnings result was a broad miss on the consensus. Though the company scaled up on its operations, its bottom-line got hurt in the process.
Infrastructure engineering company MBL Infrastructures posted weak results for third quarter ending December with revenues declining three percent on a nine month basis.
Uflex reported its quarterly results for the quarter ended December 2016. The company came out with a good quarter operationally though topline remained muted.
Sakthi Sugars reported its quarterly results for the quarter ending December 2016. Tamil Nadu based sugar manufacturing posted a disappointing quarter with its loss widening to approximately Rs 37 crore vis-Ã -vis Rs 20 crore vis-Ã -vis the same quarter last year.
"The company plans to grow by 15-20 percent year-on-year. If you add up next five years, we will be Rs 6,000-crore company", Ashwani Kumar Arora, Director & CEO of LT Foods told CNBC-TV18.
World‘s largest forging company, Bharat Forge, yesterday reported a weak set of numbers. But, company‘s Executive Director, Amit Kalyani believes that the downturn has ended and the company is back on growth trajectory.
Tyre maker Ceat posted weak set of numbers in the third quarter with single digit margins for the first time in at least eight quarters. Company‘s Chief, Anant Goenka said higher commodity prices and demonetisation impacted the margins.
Midcap software firm Hexaware Technologies reported a 3.4 percent revenue growth in constant currency but according to the company‘s chief R Srikrishna, its profitability will stay flat in calendar year 2017 as the margin growth will be in line with the revenue growth.
In an interview to CNBC-TV18 MK Dhanuka, MD of Dhanuka Agritech spoke about the quarterly performance of the company for Q3FY17.