Sep 03, 2013 12:23 PM IST
Airlines need to hike fares by 25-30 percent to combat high Aviation Turbine Fuel (ATF) or jet fuel prices but are unable to do so due to low demand, says SL Narayanan, group chief financial officer of Sun Group.
- Aug 06, 2013 10:40 PM IST
The report also warned that worsening margins of corporates will put pressure on banks as they may not be able to service their credit obligations.
- Aug 05, 2013 05:49 PM IST
Analysts say intensifying competition, high store penetration in tier-1 cities and cannibalisation in several places will limit same-store sales growth going ahead. Furthermore, expansion of Dunkin' Donuts, which is unlikely to break-even for 4 years and higher ad spends will keep margins in check.
- Jul 18, 2013 05:00 PM IST
The India's second largest motorcycle maker is expected to report a marginal drop in revenue in April-June quarter, but margins will be boosted by price hikes, favourable currency hedges and increased export realisations.
- Jun 19, 2013 01:45 PM IST
The Bangalore-based biotechnology company expects its revenue will rise 15-18 percent, driven by research services and branded formulations in India.
- Jun 18, 2013 05:47 PM IST
TD Arora of Era Infra Engineering said that the company's stagnant order book was expected to pick up on the back of the company bagging the Kochi metro rail contract. He added that the margins were expected on the lines of their traditional numbers.
- Jun 11, 2013 02:11 PM IST
Ankita Somani of Angel Broking says every 1 percent change in Rupee will boost margins of software service exporters by 30-40 bps.
- May 29, 2013 10:18 AM IST
Analysts on average expect Tata Motors' consolidated net profit to fall 52 percent YoY to Rs 2,990 crore, due to tax benefits to JLR in the year ago quarter. Revenue seen up 4 percent to Rs 53,000 crore.
- May 18, 2013 04:14 PM IST
State Bank of India on Saturday said it would review returns from its foreign and domestic business after margins overseas came under pressure.
- 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 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 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 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.
- 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.
- 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 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.
- Nov 23, 2012 11:37 AM IST
Bharat Petroleum has got the much-awaited environmental clearance to expand capacities at its Kochi refinery. The company, will now be able to feed not only rising dome demand, but can also strengthen export globally as companies in the US and Europe have shut plants on sluggish economic growth and weakening global demand.
- Nov 23, 2012 10:12 AM IST
Engineering, procurement and construction firm KEC International expects second half will be better than first half of this year and sees, margins, which hit record lows in the second quarter, recover gradually with new order wins.
- Nov 05, 2012 12:19 PM IST
Shares of Godrej Consumer Products plunged over 5 percent on Monday post its second quarter results, which were below some analysts expectations. Margin contraction in particular was a key concern, and analysts say given the stock is already trading at high valuations, there is limited room for earnings disappointment.
- Nov 01, 2012 10:00 AM IST
Titan Industries hit a 52-week high of Rs 272.80 on Thursday as the street gave a big thumbs up to its strong 22 percent net profit growth in the second quarter led by jewellery margins expanding to an all time high.
- Oct 23, 2012 10:00 AM IST
Hero MotoCorp will report its earnings on Tuesday amid what has been a very sluggish second quarter for the two-wheeler industry in general.
- Oct 22, 2012 11:12 AM IST
Tata Consultancy Services' shares rose over 3% on Monday morning as the street cheered another quarter of strong growth. Many analysts feel it could continue its outperformance over local software services rival Infosys and have raised their target price on the stock.
- Oct 18, 2012 11:20 AM IST
Several analysts have raised their full year margin expectations on HCL Technologies, after the software services exporter surprised the street with better-than-expected net profit and margin expansion despite wage hikes in the first quarter.
- Oct 05, 2012 11:11 AM IST
July-September is normally a seasonally strong quarter for software service providers. However, this time around most companies are likely to report muted growth given tighter budget spends amid continued uncertainties in the global macro-economic environment.