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RITES Q2 results: Net profit falls 21.5% to Rs 110.17 crore

RITES Q2 earnings: Operating revenue, excluding other income, stood at Rs 582.36 crore in the quarter under review, down 11.6 percent from Rs 659.08 crore in the year-ago quarter

Shell sees refining profits nearly tripling, adding $1 billion to its bottom line

In a trading update, the company forecast that the profit margin it earns by refining crude oil into products like gasoline and diesel is likely to have nearly tripled in the second quarter to $28.04 a barrel, up from $10.23 a barrel in the January-March period.

Macleods Pharma's strategy is sound, but dip in FY22 margin points to risks

Macleods has highest exposure to non-metro markets among major drug companies in India. While good sales growth and margins have been a highlight, first half of FY22 showed operating margins decelerate

Markets in search of a direction as year-end nears

Once market participants are able to assess the impact of these factors on future earnings and market performance, we shall see a new leadership emerging in the markets.

FMCG profit margins could slip in pursuit of higher sales growth

FMCG companies are absorbing higher costs in a bid to support higher sales growth. That’s a wise strategy but can leave some scars in the near term

Is Glenmark Life Sciences another Divi's in the making?

Glenmark Life Sciences' IPO timing is opportune, but it needs to strike deep relationships with global innovators and attain market leadership in key products

Why TCS trades at a premium to Infosys despite lagging in revenue growth

Attrition rose sharply at Infosys and the company alluded to moderation in profit margins in FY22. Meanwhile, TCS is displaying resiliency in its profit margin

Expansion, new products to add Rs 100 cr income: Vinati Organics

Our 88-90 percent revenue come from exports of three products - IBB, IB and ATBS - and expect a customer off-take of 15 percent in this fiscal, said Vinati Saraf Mutreja, Executive Director at Vinati Organics.

After robust Q2, Zensar confident of upping margins further

IT services firm Zensar Technologies posted a strong set of second quarter numbers, clocking profit of Rs 91.34 crore on revenues of Rs 758.65 crore.

2015 revenue to grow 'at least 20.1%': Cognizant

In an interview with CNBC-TV18's Shereen Bhan and Nayantara Rai, Cognizant CEO Francisco D'Souza outlined the company's state of business and outlook going forward after the company posted a robust set of earnings.

Hexaware cuts guidance, shares tumble 4%

Hexaware Technologies has cut its fourth quarter and full year 2012 guidance citing changes to a project plan for a customer and impact on account of hurricane Sandy, which devastated the US east coast last month. The announcement sent the software service provider's shares down 4 percent in morning trade.

ITC Q1 beats estimates, net up 24% at Rs 1,330 crore

Cigarettes to hotels major ITC beat analysts’ expectations as first quarter net profit rose 24.3% year-on-year to Rs 1,330 crore, on the back of sales growth across segments.

See FY11 profit at Rs 70 cr, PAT at Rs 7-7.5 cr: Refex

Refex Refrigerants has seen a surge as the company’s PAT increased this quarter.T Anil Jain, Managing Director of Refex Refrigerants says that the company expects to do a sales of about Rs 30 crore to Rs 35 crore and a profit margin of roughly about 12.5% to 13% after tax in the next three months.