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Feb 09, 2021 12:52 PM IST Britannia expects consumption to be normal in next 3-6 months. Factory productivity has improved to 1.07x as compared pre-COVID level, the management said.
Feb 05, 2021 12:37 PM IST Airtel has shown double-digit growth for the last few years on account of an efficient business model and strong demand for connectivity and solution. It continues to expand and grow in verticals such as data centres, cloud, cybersecurity, and video-conferencing among others, the company has said.
Feb 03, 2021 12:23 PM IST Earnings before interest, tax, depreciation and amortization (EBITDA) rose 71.5% at Rs 364 crore against Rs 212.2 crore and margin was at 18.1% versus 13%.
Jan 29, 2021 02:31 PM IST Overall costs would go up due to an increase in expenses such as marketing, though some cost reduction would be sustainable, the company has said.
Jan 27, 2021 02:50 PM IST Larsen & Toubro reported a 4.9 percent year-on-year growth in Q3 FY21 consolidated profit at Rs 2,467 crore, with receiving highest ever orders in a quarter on receipt of prestigious and large contracts.
Jan 18, 2021 05:36 PM IST Cost to income ratio is expected to be back to 38-39 percent in the short term but in the medium term, the management intends to bring it down again.
Jan 15, 2021 07:34 AM IST All the sectoral indices ended in the red. BSE Midcap and Smallcap indices fell 1 percent each.
Jan 14, 2021 04:47 PM IST The company's dollar revenue growth came at 3.9 percent versus 3.7 percent QoQ. The company said its dollar revenue growth was the highest in 36 quarters.
Nov 03, 2020 01:12 PM IST Total income grew 22 percent to Rs 2,304.90 crore in July-September 2020-21 as against Rs 1,889.30 crore in the year-ago period, Bandhan Bank said in a regulatory filing.
Oct 29, 2020 12:40 PM IST The bank’s operating profit for the quarter grew 16 percent year-on-year (YoY) and 18 percent quarter-on-quarter (QoQ) to Rs 6,898 crore.
Oct 16, 2020 12:34 PM IST The company board declared an interim dividend of Rs 7.50 per equity share.
Oct 15, 2020 01:00 PM IST Management sees strong traction in business, going ahead, and revised its revenue growth guidance to 2-3 percent in CC terms in FY21 (against 0-2 percent growth expected in Q1FY21).
Oct 14, 2020 01:19 PM IST The company's consolidated profit increased to Rs 2,465.7 crore for the quarter compared to Rs 2,390.4 crore in previous quarter.
Oct 08, 2020 12:16 PM IST TCS, retail cluster outperformed during the quarter despite continuous weakness in discretionary retail CPG and travel and hospitality sub vertical.
Jul 26, 2020 12:44 PM IST The bank is looking to reduce the concentration risk and improve the credit ratings in the corporate portfolio. Proposed capital raise is aimed to further strengthen capital of the bank.
Jul 26, 2020 12:23 PM IST The management do not expect much volatility in material prices in next quarter. The company will focus on core strengths, cost rationalization and cash conservation. It expects demand from Tier ll, Tier lll and Tier IV cities to continue led by good monsoon.
Jul 24, 2020 02:00 PM IST Company has created additional liquidity by borrowing money in advance. Around Rs 4000-5000 crore of borrowings are due for repayment and management has kept money aside for the repayment.
Jul 22, 2020 01:30 PM IST The bank will continue to evaluate the situation and make future reserves by assessing the situation, Axis Bank management has said.
Jul 17, 2020 11:44 AM IST Revenue shed 2.1 percent to Rs 2,949.2 crore versus Rs 3,011.9 crore, QoQ.
Jun 14, 2020 03:13 PM IST Eicher Motors reported a 44.1 percent year-on-year decline in its Q4FY20 consolidated profit due to nationwide lockdown in second half of March and overall slowdown in auto business.
Jun 14, 2020 03:00 PM IST Revenue from operations declined 34.8 percent year-on-year, which was ahead of Street estimates, to Rs 9,005 crore in Q4FY20.
May 31, 2020 05:30 PM IST The company expects specialty portfolio to breakeven in FY22.
May 23, 2020 03:04 PM IST The company’s focus would be on improving gross margin, while EBITDA margin may be impacted due to change in Ad expenses.
May 07, 2020 02:20 PM IST Now management sees FY21 to be better placed in total expenses point of view than FY19 & FY20.
May 05, 2020 09:08 PM IST The company has gained market share in 90-95 percent of its product portfolio.
