Aug 18, 2014 04:55 PM IST
As the earnings season winds up and most of India‘s notable corporates have posted their quarterly results updates, net profits were slightly ahead of estimates, according to projections by brokerage firm Kotak, but there was â€œlimited evidence of a meaningful upgrades to earningsâ€.
- Jan 10, 2014 03:45 PM IST
Some analysts have expressed concern the worsening in the asset base of IndusInd, which is regarded as having a strong balance sheet, may be indicative of a larger problem that would unveil itself as earnings season gets under way.
- Aug 14, 2013 06:03 PM IST
LK Gupta, MD & CEO of Essar Oil believes that it will be able to reach a reasonable figure of debt to EBITDA in next two years time.
- Aug 01, 2013 06:46 PM IST
Mafatlal Industries, the flagship company of Arvind Mafatlal Group, said its net profit for the quarter ended June 2013 jumped to Rs 13.05 crore as against Rs 4.13 crore in the same period last year.
- Jul 31, 2013 07:16 PM IST
BA Prabhakar, CMD of Andhra Bank told CNBC-TV18 that he is expecting Q2 slippages to be less than Q1 as he sees recoveries in some of the big accounts.
- Jul 26, 2013 11:30 PM IST
Nestle India reported a 10.33 percent incrase in net profit to Rs 271.38 crore for Q2 ended in June. This was on the back of robust sales growth across business verticals.
- Jun 29, 2013 03:00 PM IST
Gold posted the largest quarterly loss in years due to heavy selling on the back of US Federal Reserve's statements on quantitative easing. After Friday's rally, gold was 23 percent lower for the second quarter.
- Jun 27, 2013 02:15 PM IST
India's current account deficit (CAD) moderated sharply to 3.6 percent of GDP in Q4 of 2012-13 from a historically high level of 6.7 percent in Q3 of 2012-13 as trade deficit narrowed.
- May 17, 2013 04:41 PM IST
Upinder Zutshi, chief executive officer & MD, Infinite Computer Solutions India says that historically, Q3 has always been a very strong quarter, and Q4 has been a weak one for the company.
- May 07, 2013 04:13 PM IST
Tyre maker Ceat's fourth quarter consolidated net profit rose 33 percent year-on-year to Rs 65 crore.
- Apr 17, 2013 09:18 AM IST
Reliance Industries Ltd logged USD 44.1 billion in export revenue and contributed 15.2 per cent to the nation's overall export kitty of USD 290 billion in the just-concluded fiscal, a senior company official said today.
- Mar 28, 2013 07:53 PM IST
India‘s current account deficit (CAD) widened to 6.7 percent as against expected 6.4 percent in the October-December quarter, 2012.
- Feb 07, 2013 06:16 PM IST
Gillette India today posted 6.31 percent decline in net profit at Rs 18.70 crore for the quarter ended December 31, 2012.
- Jan 21, 2013 11:22 AM IST
HDFC Bank, India‘s second largest private sector lender reported a consistent 30 percent year-on-year jump in its third quarter net profit at Rs 1859 crore. The bank‘s robust performance was driven by higher growth in other income and loan expansions in Q3.
- Nov 12, 2012 06:17 PM IST
Elder Pharma today said its consolidated net profit rose by 22 per cent to Rs 23.60 crore in the July-September quarter. The company's consolidated net profit stood at Rs 19.35 crore in the same period last year.
- Oct 30, 2012 03:17 PM IST
Venkat Narayana, CFO, Prestige Estates, says that in this quarter the company has exceeded the sales target like earlier quarter.
- Oct 26, 2012 08:46 AM IST
Aluminium giant Nalco today reported a 96.5 per cent drop in its net profit at Rs 4.78 crore for the quarter ended September 30, due to increase in power and fuel cost and lower sales.
- Oct 22, 2012 05:24 PM IST
Polaris chairman Arun Jain explains that the quarter's margins were boosted by operational excellence and is confident that his legal team will be able to lift the Sebi ban on the company‘s access to the capital markets.
- Oct 18, 2012 04:24 PM IST
Raamdeo Agrawal, director and co-founder, Motilal Oswal Financial Services (MOFS) explains to CNBC-TV18, after the announcement of results, that the company's performance for the quarter till September was quite depressed.
- Jul 26, 2012 08:05 PM IST
Tata Communications today posted a loss of Rs 142.08 crore for the quarter ended June 30, 2012, against that of Rs 278.74 crore in the same quarter last year.
- May 11, 2012 06:02 PM IST
TM Bhasin, chairman & managing director, Indian Bank, says that there were slippages in textile, agriculture, SME, MSME sector and education loans which lead to a sharp fall in asset quality.
- May 11, 2012 04:34 PM IST
Shyam Shrinivasan, managing director and chief executive officer, Federal Bank says that the profit of the bank has improved compared to last year. He also says that bank‘s NIMs ws impacted due to increase in cost of funds in the last quarter and additional restructuring of some Funded Interest Term Loan (FITL) loans.
- May 10, 2012 05:35 PM IST
YK Hamied, chairman and managing director, Cipla says that the performance of the company for the quarter has been quite promising. The total income from Cipla operations has again crossed the landmark figure of Rs 7,000 crore. The exports has overtaken domestic for the whole year and we hope this to continue.
- May 09, 2012 06:10 PM IST
AOL Inc reported better-than-expected quarterly revenue and profit on Wednesday, although lower premium ad sales in the United States and subscriptions dragged total revenue down.
- May 03, 2012 04:20 PM IST
Ramesh Chandak, chief executive officer & managing director, KEC International, says that the last quarter was better for the company. The South-Asia division, particularly India, executed good contracts.