Jan 23, 2014 01:48 PM IST
Third quarter sales for Biocon were lower than street's expectations (Rs 700 crore vs Rs 759 crore) but EBITDA was higher. This was due to margin expansion that resulted from temporary low R&D spend, said Kiran Mazumdar-Shaw. The company would maintain margins in the fourth quarter by changing product mix and focusing on high-margin products.
- Jan 23, 2014 10:22 AM IST
At the moment Lokesh Garg of Kotak Institutional Equities feels that the stock is trading at fair value. His price target is Rs 1,000.
- Jan 21, 2014 05:27 PM IST
The company reported net profit of Rs 19.74 crore in Q3 compared to net loss of Rs 8.23 crore in the year-ago period.
- Jan 20, 2014 04:23 PM IST
Speaking to CNBC-TV18, Ashok Kajaria, chairman and managing director, Kajaria Ceramics, says the company's margins, however, are likely to be stable in the coming few quarters.
- Jan 16, 2014 07:47 PM IST
Ankita Somani, IT Analyst, Angel Broking does not think TCS has surprised in the positive. Margins as well as dollar revenues came in below expectation.
- Jan 10, 2014 04:38 PM IST
Furthermore, Navin Sharma, chief executive officer, Gravita India, says the metal company will focus on value added products like lead power and sheets in the days to come.
- Jan 10, 2014 12:29 PM IST
Here are key highlights of Infosys Q3 earnings
- Nov 28, 2013 03:59 PM IST
RK Goyal, managing director, Kalyani Steels says out of the 15-17 mines opened in Karnataka only 13-14 million tonne of iron ore is produced.
- Nov 22, 2013 12:20 PM IST
Rohit Kamat, company CFO expects to report good growth in revenue and margins in the second half of the fiscal, subject to vacation time and currency impact.
- Nov 21, 2013 04:33 PM IST
Commenting on Sabero Organics subsidiary's good Q2 performance, Kapil Mehan of Coromandel International says there is further scope for improvement because the company aims at targeting 85% capacity utilisation from the current 65%.
- Nov 20, 2013 12:11 PM IST
Speaking to CNBC-TV18, S Varadrajan, chairman and managing director, BPCL says the company is likely to post margins in the range of USD 4.5 and 5.5 per barrel.
- Nov 18, 2013 03:35 PM IST
As far as the pricing environment goes, Krishna Bodanapu, President & COO of Infotech says the days of automatic price increases are over.
- Nov 18, 2013 11:43 AM IST
Despite adversities, the company still managed to report a year-on-year growth in cement, Manoj Gaur of Jaiprakash Associates said. Yet, the outlook for the sector as a whoel remains challenging because of the oversupply situation he said.
- Nov 13, 2013 07:41 PM IST
Cipla MD & Global CEO Subhanu Saxena says he had signaled that the first 12-18 months in its roadmap was investing in the business for the future - particularly on people and also the pipeline to get in a position where it'll have sustainable platform for growth for the decade and beyond.
- Nov 13, 2013 12:28 PM IST
Harish Bhat, CEO & MD, Tata Global Beverage says, UK and Russian markets will remain sluggish. The pressure on margins was due to four recent launches.
- Nov 07, 2013 07:36 PM IST
On the guidance for Q3, CP Gurnani, managing director and chief executive officer, Tech Mahindra says the quarter will be slower owing to the various number of holidays in Europe and US.
- Nov 07, 2013 04:16 PM IST
Vineet Agarwal, MD, Transport Corporation of India (TCI) sees a little bit of uptick on the consumer demand side, and so expects topline for the company in the range of 10-15 percent.
- Nov 07, 2013 01:46 PM IST
Real estate giant DLF is confident of reducing its debt to Rs 17,500 crore; in line with its guidance. Its management also hopes to bring down its interest costs by Rs 450-470 crore in FY15.
- Nov 06, 2013 09:32 AM IST
State Bank of India's decision to raise base rates comes on the back of increased costs of funds, its chairperson Arundhati Bhattacharya tells CNBC-TV18 in an interview.
- Nov 01, 2013 03:57 PM IST
Speaking to CNBC-TV18 on his outlook for the jewellery business, RK Sharma, chief operating officer, PC Jewellers says there has been a shift in demand from gold to diamond jewellery.
- Nov 01, 2013 02:30 PM IST
Praveen Sood, CFO, Hindustan Construction Company says at the operating level, the company has always clocked double digit margins and hopes to continue the trend in the near future. It is the interest cost that has caused the previous losses.
- Oct 30, 2013 12:31 PM IST
According to Sanjay Chawla of JM Financial for the longer-term there is preference for Idea Cellular over Bharti but in the short-term there is room for upgrade in Bharti numbers.
- Oct 29, 2013 12:54 PM IST
Dilip G Piramal, Chairman,VIP Industries is confident of maintaining margins at current levels and expects margins to improve on back of volume growth.
- Oct 25, 2013 12:58 PM IST
Gaurang Kakkad of Religare Capital Markets says, ITC could see a volume degrowth of 2-3% in cigarettes in Q2. However, if the company is able to post 16-18 percent EBIT growth in cigarette that would be viewed as a positive.
- Oct 23, 2013 12:14 PM IST
Kishor Patil of KPIT Technologies expects the margins of the IT services provider to improve in the second half of the year due to completion of a few large deals and expenses coming down.