The net benefits of a corporation's operation are called earnings. These are also the amount on which corporate tax is due. Several more specific terms are used as EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortisation) for an analysis of specific aspects of corporate operations. Apart from earnings, alternative terms like income and profit are used. Depending on their context and the objectives, these terms have a variety of definitions. Like EBITDA is a measure of a company's profitability of the operating business only. So it is used to calculate or analyse a firm's profit before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. EBITDA is derived by subtracting from revenues all costs of the operating business. However, there is no decline in asset value, cost of borrowing, lease expenses, and obligations to governments. EBITDA is not considered part of the Generally Accepted Accounting Principles (GAAP) by the Security Exchange Commission and it is shown on an income statement. EBITDA margin refers to EBITDA divided by total revenue. Another acronym used for earnings is profit after tax or net profit or profit available for equity shareholders, commonly known as PAT. This can be termed as the net profit available for the shareholders after paying all the expenses and taxes by the business unit. Following this, the tax is calculated on the available profit and after deducting the taxation amount, the business derives its net profit or profit after tax (PAT).Market Cues More
Smoother chip supply, softer raw material prices, encouraging industry opportunities to fuel growth of this auto ancillary
Recovery in rural India and household insecticides segment remain the key for earnings growth for this mid-sized FMCG player
The company has a stellar financial record while new businesses and product addition provide key growth triggers
Faced with falling demand for online classes, Vedantu is betting on a hybrid strategy, where it plans to offer online and offline coaching in rural and lower-tier towns at a lower price point.
The cooling of fuel costs and the Union government’s construction spree in the run-up to the 2024 general elections are expected to help margins and volumes.
What continues to boost our confidence in the company is the encouraging demand across segments and its leadership position.
In addition to valuation turning reasonable, the company has reported a strong business growth momentum. The revised draft proposals released by the IRDAI on November 23 reduces regulatory risks to commission
Investors need to track demand revival in the rural market. Given the higher inflation, consumption of some discretionary products remains critical
As raw material prices soften and chip shortage eases, tyre companies are ready to roll, given the strong demand outlook
The company’s desire to innovate and roll out new products makes it different from other auto component manufacturers
The heavy net loss attributable to ordinary shareholders was primarily due to a "decrease in market prices of our equity investments in publicly traded companies", among other factors, the company said in a statement.
Margin takes a hit on account of operational costs and foreign exchange loss
Correction in raw material prices and an improved product mix to support gross margins going forward
The tyre major had reported a net profit of Rs 174 crore in the July-September period of the last fiscal.
The medium to long-term demand outlook for the domestic business is promising on the back of pent-up demand, and an increase in economic and industrial activities
The company had registered a loss of Rs 653.21 in the same period a year ago, according to a regulatory filing.
While the demand situation in India remained subdued, in Europe the company's growth was better than the market, Apollo Tyres Chairman Onkar Kanwar said.
The company had a total comprehensive income of Rs 405.16 crore in the same period a year ago, according to a regulatory filing.
However, the company had posted consolidated revenue of operations of Rs 11.69 crore in the second quarter of the current fiscal from Rs 11.61 crore previous year, according to a regulatory filing.
Revenue from operations rose to Rs 767 crore in the period under review as compared with Rs 698 crore in the September quarter of the previous fiscal, Goodyear India said in a statement.
Travel and Related Services (consolidated) turned profitable with an EBIT of Rs 3.4 crore in the second quarter of FY23.
In H1 FY23, Hindware Home Innovation Limited's consolidated revenue from operations stood at Rs 1,393 crore, registering a growth of 45 percent. EBITDA grew 75 percent to Rs 131 crore during H1 FY23 as against Rs 75 crore in H1 FY22.
The stock rallied 8.70 per cent to Rs 682.70 during the day on the BSE.
The company had reported a consolidated net profit of Rs 39.33 crore in the quarter ended September 30, 2021, the company said in a regulatory filing.
It incurred a net loss of Rs 18.66 lakh in the year-ago period.