May 17, 2013 01:56 PM IST
ITC Ltd's fourth quarter net profit rose 19 percent year-on-year to Rs 1,928 crore. The cigarettes to hotels to FMCG major reported net sales of Rs 8,180 crore, also up 19 percent. Both profit and sales were above analysts expectations.
- May 16, 2013 01:54 PM IST
In an upbeat mood post the numbers, Aryan Goyal of Nectar Lifesciences is confident that the company would see robust numbers going ahead.
- May 10, 2013 03:15 PM IST
VK Sharma, MD & CEO, LIC Housing Finance told CNBC-TV18 they gave aggressively plans to double their developer‘s loan book.
- May 10, 2013 10:40 AM IST
Jubilant Foodworks plans to spend Rs 75 crore on four new commissaries in FY14, its CEO Ajay Kaul said on Friday. He says consumers are downtrading and cutting back on spends amid the economic slowdown, but is confident of double-digit growth, once the economy recovers.
- May 08, 2013 06:00 PM IST
Electric power transmission towers manufacturer KEC International announced its fourth quarter (January-March) consolidated net loss at Rs 14 crore. Vardhan Dharkar of KEC International told CNBC-TV18 that the loss is at the standalone result level not at the consolidated and year as a whole it had a profit of Rs 65 crore.
- May 07, 2013 12:53 PM IST
FY2013 has been a rather forgetable year for Tata Motors. While the domestic business continues to see sluggish demand, margins over at its luxury Jaguar Land Rover unit have been under pressure (Q3 operating margin slipped to 14 percent) due to product mix and higher marketing costs among other reasons.
- May 07, 2013 11:05 AM IST
Kolkata-based FMCG maker Emami is expecting its margins will see some improvement going ahead, helped by lower cost of raw materials like menthol.
- May 06, 2013 02:47 PM IST
Several analysts cut their FY2014-15 earnings forecast on Titan Industries, saying lower gold prices would hurt jewellery value growth, while continued weakness in the watches division (volumes down 10 percent in Jan-March) also disappointed.
- Apr 25, 2013 11:57 AM IST
RK Garg, director finance, Petronet LNG says they have signed a preliminary agreement with United LNG, a US based company, with the prime objective of brining liquefied natural gas (LNG) to India.
- Apr 22, 2013 04:27 PM IST
Software company Mindtree‘s management, which posted its fourth quarter earnings today is quite optimistic about deal pipeline, clients spending and earnings performance in 2013-14.
- Apr 17, 2013 12:21 PM IST
HCL Technologies' margins in the medium-term will be in the 18-19 percent range, CFO Anil Chanana said on Wednesday.
- Apr 11, 2013 10:10 AM IST
Tata Motors stock accelerated more than 4 percent on Thursday morning, powered by record global sales at its British luxury Jaguar Land Rover unit.
- Apr 05, 2013 04:04 PM IST
Prayesh Jain, AVP Research, IIFL feels auto-giant Maruti Suzuki India is likely to face stiff competition from Honda Amaze, which will be launched this month.
- Mar 11, 2013 11:00 AM IST
Ranbaxy Laboratories shares gained 2 percent on Monday morning after Nomura Financial Advisory and Securities India upgraded the pharma major to "buy" from "neutral." The brokerage also raised its target price on the stock to Rs 475 from Rs 415.
- Mar 08, 2013 01:22 PM IST
The company expects to improve margins in the next financial year and sees revenue growing at 15% on constant currency basis.
- Feb 26, 2013 05:30 PM IST
Bazmi Husain, country manager and MD, ABB says that the year 2012 has been a challenging period for the company with margins starting to stabilise only in Q4
- Feb 14, 2013 11:38 AM IST
After launching new products like smartphone chargers and lighting products, Eveready says it is aiming at a 10-15 percent revenue growth in FY14.
- Jan 23, 2013 11:58 AM IST
In an interview to CNBC-TV18, Amar Ambani, head of research, IIFL shared is reading and outlook on earnings reported by various companies. He spoke about some hits and misses from the earnings calendar so far.
- Jan 21, 2013 05:44 PM IST
Hindustan Unilever, the largest consumer goods company in India, will report earnings for the Oct-Dec quarter on Tuesday. Its rival ITC last week reported better-than-expected results, aided by price hikes in cigarettes and a strong growth in its non-cigarette FMCG business.
- Jan 18, 2013 10:29 AM IST
Exide disappointed the market with its quarterly numbers, falling short on revenue as well as net profit expectations.
- Jan 08, 2013 04:58 PM IST
Fitch Group company India Ratings & Research expects total domestic passenger vehicle volumes in 2013 are only likely to grow 8-9 percent year-on-year, with utility vehicles accelerating at around 30-35 percent. But car and van sales, which have been hit by expensive loans and increasing fuel prices, will grow just 2-3 percent.
- Jan 03, 2013 04:43 PM IST
Investment bank Credit Suisse expects fast moving consumer goods companies to report moderate revenue growth in the third quarter (Oct-Dec) as pricing-led growth diminishes, even as volumes remain strong.
- Dec 26, 2012 04:36 PM IST
K Venkatraman, CEO & MD sees no futher compression on the bank's margins, which would stand at 3 percent going forward. Further, their loan growth in this fiscal would be around 25 percent.
- Dec 24, 2012 06:28 PM IST
Once the tech bellwether, Infosys, has been hit hard by the global economic downturn in the last couple of years. With clients postponing discretionary spends, Infosys' volumes took a hit.
- Dec 24, 2012 12:43 PM IST
Suresh K, CFO, Brigade Enterprise, says that the company expects better income from rental and booking going ahead. He also says that the company has entered Mangalore market as part of the expansion plan and sales in Bangalore is also picking up.