Flipkart-owned Myntra is aiming to become profitable by March 2018, helped by a combination of rationalising costs, cutting discounts and introducing more private labels.
Most analysts think business in India has most likely improved in the last three month but there may be challenges this quarter when it comes to recovery in sectors like capital goods, construction and engineering.
Container Corporation of India's (Concor's) new chief V Kalyana Rama who took over as the company's Chairman and Managing Director earlier this week said that company hopes maintain volume growth guidance of 7.5 percent in FY17.
Shares of Borosil Glass Works have increased threefold over the past one year as the company has posted strong revenue and EBIDTA growth over the past few quarters.
The project will be funded through internal accruals only as company generates USD 1 billion EBIDTA and saves good amount of money every year, Gupta said.
On Monday it announced what it called a Scheme for Sustainable Structuring of Stressed Assets. Under this scheme banks will be allowed to restructure loans of large borrowers whose earnings or EBIDTA is patently inadequate to service their debt.
Doubling subscriber base and last-mile connectivity model will ensure revenue flows to Ortel Communication's topline, bottomline and EBIDTA, says President and Chief Executive Bibhu Prasad Rath.
Vikram Mohan, Managing Director of Pricol, told CNBC-TV18 that the company is targeting a 20-25 percent revenue growth in the next few years.
In an interview KK Mohanty, MD, Gammon Infrastructure, talked about the company's fourth quarter earnings and explained how the company's projects becoming operational will help it service its debts going forward.
A strict control on costs and a strong monsoon, if it pans out, should help Mahindra CIE expand EBITDA margin to about 15-17 percent in fiscal year 2016-17, says Chairman Hemant Luthra.
NIIT's Vice-chairman and Managing Director Vijay Thadani is confident that the company will perform better in FY17. He expects NIIT's Corporate Learning Group to maintain 15 percent growth rate on the back volatility in exchange rates.
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.
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SIRO Clinpharm has been awarded the “Best Clinical Research Company” of the year by the CMO Asia ...
Net sales of the company during the quarter under review was at Rs 6,184.08 crore as against Rs 5,496.38 crore in the year-ago period.
"The consolidated income from operations for quarter is Rs 10,408 crore as against Rs 12,564 crore in the corresponding period last year. The consolidated EBIDTA is Rs 654 crore as against Rs 802 crore in the corresponding period last year," the Ahmedabad-based firm said in a statement.
The company had recorded net profit of Rs 13.67 crore in Q2FY15. Total revenue of the company in Q2FY16 was at Rs 606 crore against Rs 471 crore in Q2FY15, a company statement said.
Net profit in July-September at Rs 201 crore was 14 percent lower than Rs 234 crore profit in the same quarter of the previous fiscal, the company said in a statement here.
The company had posted a net profit of Rs 63.74 crore for the corresponding period of the previous fiscal, the drug firm said in a filing to BSE.
"Consolidated PAT for Q2FY16 increased by 16 percent to Rs 667 crores as against Rs 574 crores in Q2 FY15," APSEZ, country's largest port developer and part of Adani Group said.
A drop in its total income from operations to Rs 1,071 crore in the said quarter from Rs 1,147 crore a year ago mainly dented the show. Other income too came down to Rs 10.78 crore in Q4 from Rs 11.32 crore last year.
The production will be increased from 2 mn tyres a month to 2.3 million tyres in the company's plants at Madurai (Tamil Nadu) and Rudrapur (Uttarakhand), TVS Tyres Director P Vijayaraghavan told reporters.
In an interview to CNBC-TV18, ML Pachisia, MD of Orient Paper, discusses earnings and outlook of the company for FY16.
APSEZ, India's largest port developer and part of Adani Group had reported a net profit of Rs 530 crore in the corresponding quarter of 2013-14.
Real estate major DB Realty reported a loss of Rs 33.40 crore at the EBIDTA level. However, Vipul Bansal, CEO DB Realty said that the company expected sales of Rs 2000-3000 crore for FY14