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  • FDI declines 16% in FY23, first YoY contraction in decade

    The gross FDI inflows in 2021-22 were USD 81.97 billion, up 10 per cent over fiscal 2019-20.

  • Demand, price dip drag Q1, see no relief in Q2: Deccan Cements

    Deccan Cements reported weak first quarter numbers which CFO RVA Narasimha Rao attributed to 15 percent YoY and 4 percent quarter-on-quarter (QoQ) decline in prices apart from weak demand.

  • CarWale Registers 21.09 Million Group Visits in July 2015

    The CarWale group recorded 21.09 million visits in the month of July 2015, registering a 47% growth over the same period last year. Of the total ...

  • Vodafone says Invested Rs 300 cr in Karnataka last fiscal

    Vodafone as part of an endeavour to be 'Future Ready' through closer engagement and enhanced customer experience has been focusing on two key areas of network and retail, the company said in a release.

  • Siti Cable's loss widens to Rs 34.12 crore in Jan-Mar

    Siti Cable's net sales on consolidated basis were up 9.11 percent to Rs 250.48 crore during the quarter under review as against Rs 229.55 crore in 2013-14, the company said in a filing to the BSE.

  • Sales target of 16-18 mn sq ft achievable: Ansal Properties

    Ansal Properties was up almost 8.5 percent today, reacting to a good December operational performance that they have reported. In an interview to CNBC-TV18, Dinesh Gupta, COO of Ansal Properties spoke about the expectations in 2013 and the challenges ahead.

  • Amara Raja overtakes Exide, bets on 16% mgn growth in FY13

    In an interview to CNBC-TV18, Suresh Kalyan, CFO, Amara Raja Batteries spoke about the performance of the company in the second quarter. The company reported a net profit of 70.1 crore as compared to 52 crore (YoY) grabbing market share from Exide in Original Equipment Manufacturer (OEM) & Aftermarket.

  • ACC Oct sales up 3.55%YoY, on improved demand

    Cement maker ACC Ltd has reported an around 4% jump in its October sales to 2.04 million tonnes, YoY. The company‘s production remained almost flat at 2.05 million tonnes compared to 2.04 million tonnes, YoY.

  • GAIL's Q1 net up 15%, stock gains

    GAIL's net profit for the June quarter rose 15%,year-on-year to 1,134 crore. Sales also grew 25% to Rs 11,088 crore,YoY. Shares of the company rose 2.89% to Rs 354.65 post the result announcement.

  • JSW Energy Q1 net dips to Rs 3.41 cr on forex loss

    JSW Energy posted a sharp decline in its June quarter profits to Rs 3.41 crore as against Rs 225.32 crore, year-on-year.as it incurred a forex loss of Rs 232 crore.

  • RIL net to dip on weak petchem margin, falling KG-D6 output

    Reliance Industries Ltd (RIL) is expected to post a Year-on-Year (y-o-y) decline in profit for the third consecutive quarter (April-June) as margins in its core businesses of refining and petrochemicals continue to be under pressure.

  • Hanung Toys cuts down capex plan from Rs 720cr to Rs 350cr

    Chairman and managing director Ashok Kumar Bansal indicated that the company has cut down its capex plan from Rs 720 crore to Rs 350 crore in last couple of months. However, Bansal feels that the main impact is due to the finance cost.

  • Arvind aspires to be a $1bn company this year

    Arvind's revenue was up 22.5% at Rs.1255.7 crore versus Rs.1024.9 crore. Chairman and managing director Sanjay Lalbhai expects to improve margins from current levels of 15-16% and maintain a 20% topline growth this year. The company’s revenue target for this year is USD 1 billion and USD 2 billion by FY15.

  • Rolta aims 15% margin in revenues next year

    Chairman and managing director, KK Singh gave guidance for the next year that they would do 15% for both, margins and revenues. The company had begun an Intellectual Property (IP) oriented company and saw an improvement in its margins. The company’s order book is also getting healthier now, he added.

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