Laxaro Your source for the latest research news
 ebitda margin dipped
reliance jio posts net profit of rs 5.1 bn in q4; subscriber base up 16%

Telecom disrupter Reliance Jio closed the year ended March on a high note, reporting a net profit of Rs 5.1 billion in the fourth quarter (Q4) of 2017-18, which was in line with Street estimates. Revenue stood at Rs 71.28 billion, up 3.6 per cent sequentially, from Rs 68.81 billion in the quarter ended December 2017 (Q3).
The January-March 2018 period was the second consecutive profitable quarter for Jio, which closed FY18 with a net profit of Rs 7.23 billion aided by an operating profit of Rs 67.34 billion ($1.1 billion).
The Mukesh Ambani-led telco, however, saw an 11 per cent drop in average revenue per user (ARPU) per month to Rs 137.1 from Rs 154 in Q3 of FY18, when it had posted a Rs 5.04 billion net profit.
“Jio has demonstrated that it can scale and sustain its strong financi

vodafone india posts rs 349-billion revenue; data usage rises 350%

The second largest telecommunication company in India, Vodafone, announced Rs 348.5 billion service revenue for the FY18 down 18.9 per cent from the year ago. The firm said that revenue was impacted by reduction in interconnect usage charges (IUC), reduction in international termination charge (ITC) and continuing suppressed pricing in the industry.
“Our business managed costs extremely well, which helped mitigate the reduction in our earnings before interest, tax, depreciation and amortization (Ebitda) margin despite rolling out 50k 3G/4G sites during the year. Our strategic focus on democratizing data, enriching the content portfolio and bundled offerings resulted in us gaining a disproportionate share of customers from the ongoing consolidation in the industry to become the telecom se

dr. lal pathlabs surges 16% on strong q4 results

Shares of Dr. Lal PathLabs have surged by 16% to Rs 931 per share, also their 52-week high on the BSE in intra-day trade after the company reported a better than expected 27% year on year (YoY) growth in net profit at Rs 402 million in March quarter (Q4FY18). The company had profit of Rs 316 million in year ago quarter.
Total revenue during the quarter under review grew 21.4% at Rs 2,668 million against Rs 2,199 million in the corresponding quarter of previous fiscal. EBITDA (earnings before interest, tax, depreciation and amortization) margins improved 100bps to 25.8% from 24.8%.
“Normalised EBITDA growth during the quarter at 26.3% underlined our efforts on optimising costs as well as higher volumes recorded from gains in patient volumes and tests per patient. The outlook for the com

idea cellular posts sixth straight quarterly loss in q4 at rs 9.6 bn

Idea Cellular, the country’s third largest telecom operator by subscribers, posted a consolidated net loss of Rs 9.62 billion on a gross revenue of Rs 61.3 billion in the March quarter, making it the sixth consecutive quarterly loss for the company. The company posted a standalone net loss of Rs 4.3 billion in the same quarter a year ago.
While the revenue fell short of the Bloomberg consensus estimate of Rs 62.09 billion, the net loss was far lower than Rs 14.70 billion estimated by analysts. Idea’s net loss was also lower than the Rs 12.85 billion loss it reported in the December quarter. The standalone net loss declined to Rs 10.18 billion from Rs 13.52 billion in the December quarter but was higher than the Rs 4.3 billion reported in the corresponding period a year earlier. Standalon

q4 results: infosys stock could dip today on lower margin guidance

Information-technology major Infosys' January-March quarter numbers, announced on Friday, were in line with analysts' expectation. Despite this, they say the stock might come under pressure in Monday's trading session. The first reason is the feeble performance of Infosys' banking, financial services and insurance (BFSI) segment, almost no revenue growth sequentially in constant currency terms. Retail and life sciences revenue down 0.7 per cent sequentially in constant currency terms; contribute 55 per cent to its revenue. While the management expects BFSI to improve in 2018-19, the retail (along with consulting) segment is likely to remain under pressure.
Second, though Infosys' 2018-19 revenue growth forecast of 6-8 per cent in constant currency terms was at par with expectation, its e

idea reports 13% revenue drop to rs 65.5 billion, q3 net loss at rs 12.8 bn

Idea Cellular reported revenue of Rs 65.5 billion in the third quarter ending December, losing it’s third spot by revenue share to Reliance Jio which reported Rs 68.8 billion revenue in the quarter. Idea revenue dropped 12.8 per cent compared Rs 75.1 billion in the previous quarter and Rs 87 billion in the year ago period remaining in line with analyst estimates with losses ballooning to Rs 12.8 billion up from Rs 3.8 billion a year ago.Reliance Jio reported Rs 68 billion revenue and a profit of Rs 5 billion being the only operator to do so in the past five quarters. The EBITDA margin for the quarter declined to 18.8 per cent (normalised margin of 19.8 per cent) from 20.1 per cent in Q2FY18 said the company. Bloomberg had pegged revenues to be around Rs 67.13 billion (range 65.50 billion t

idea reports 13% revenue drop to rs 65.5 billion, q3 net loss at rs 12.8 bn

Telecom major Idea Cellular on Wednesday reported revenue of Rs 65.5 billion in the third quarter ending December, losing it’s third spot by revenue share to Reliance Jio which reported Rs 68.8 billion revenue in the quarter. Idea revenue dropped 12.8 per cent compared Rs 75.1 billion in the previous quarter and Rs 87 billion in the year ago period remaining in line with analyst estimates with losses ballooning to Rs 12.8 billion up from Rs 3.8 billion a year ago.Reliance Jio reported Rs 68 billion revenue and a profit of Rs 5 billion being the only operator to do so in the past five quarters. The EBITDA margin for the quarter declined to 18.8 per cent (normalised margin of 19.8 per cent) from 20.1 per cent in Q2FY18 said the company. Bloomberg had pegged revenues to be around Rs 67.13 bil

liquor stocks trade lower; united spirits down 9% post q3 results

Shares of liquor companies were under pressure with United Spirits falling 9% on BSE in intra-day trade after reporting disappointing set of numbers for the quarter-ending December 2017 (Q3FY18). Radico Khaitan, Empee Distilleries and Jagatjit Industries, also, dipped over 4%, while Globus Spirits, Som Distilleries & Breweries, Associated Alcohols & Breweries, Tilaknagar Industries and United Breweries were down in the range of 2% to 4% on BSE. On comparison, the S&P BSE Sensex was up 0.15% at 36,193 at 11:38 AM.United Spirits slipped 9% to Rs 3,424 in intra-day deal after the net profit of the company down 9% at Rs 1,350 million in Q3FY18. The reported net sales declined 8% impacted by the one off impact of operating model changes. “Underlying net sales declined 2%, as growth from lapping

jsw steel posts lower-than-expected pat at rs 836 crore, up 29% y-o-y

Sajjan Jindal-led JSW Steel on Tuesday reported a lower-than-expected consolidated net profit of Rs 836 crore in the September quarter, up 29 per cent on a year-on-year basis on the back of higher revenues even as the increased cost of raw material weighed on the bottomline.
The topline stood at Rs 16,818 crore in the period under review, up 17 per cent from the corresponding period last year mainly due to higher volumes as realisations remained subdued with cheap imports impacting the domestic pricing scenario for flat steel products.
"Net sales realisations were unattractive during the quarter when compared with global players as domestic prices were about 8 percent lower than landed cost of imports," said Seshagiri Rao, managing director and group chief financial officer at the earn

bata india stock rally has more legs; keeps analysts outlook positive

Shares of footwear major Bata India have delivered over 35 per cent returns to investors in the past one year, much ahead of the 11.3 per cent rise in the S&P BSE Sensex. But, analysts still see a 12-18 per cent upside in the next year and a half, owing to a revival in the company’s revenue growth and margin expansion. During October-December 2017 (Q3), Bata had reported a 6.5 per cent year-on-year (y-o-y) growth in revenue and a 417-basis point (bps) expansion in its Ebitda (earnings before interest, tax, depreciation and amortisation) margin. An increase in share of ...

rane (madras) zooms 20% on robust q3 results

Rane (Madras) is locked in the upper circuit of 20% at Rs 863, also its all-time high on BSE, after the company reported four-fold jump in net profit at Rs 142 million in December 2017 (Q3FY18) quarter. The company, a leading manufacturer of steering and suspension products and die casting components, had profit of Rs 34 million in the same quarter year ago. Total net revenue increased by 31.7% to Rs 3.19 billion for Q3FY18 as compared to Rs 2.42 billion in Q3FY17. EBITDA (earnings before interest, tax, depreciation and amortization) margin improved 337 basis points at 12.1% for Q3FY18 as against 8.7% in Q3FY17. The EBITDA margin improved due to increased volume, favourable product mix and improved operational performance. The company attributed robust quarterly performance on account of s

hg infra extends gain after winning epc project in rajasthan

HG Infra Engineering (HGIEL) was trading 2% higher at Rs 302, extending its 10% rise in past two sessions on the BSE, after the company said it has been declared lowest bidder (L-1) for a new EPC project under Ministry of Road Transportation & Highway (MORTH) for upgradation to two lanes with paved shoulder configuration of the Kundal-Jhadol section of NH-58E in Rajasthan. The completion period for the project is 18 months, it said. The stock hit an intra-day high of Rs 311, its highest level since listing on March 9, 2018. A combined 338,041 equity shares changed hands on the counter on the BSE and NSE. On comparison, the S&P BSE Sensex was trading 0.35% lower at 33,061 at 11:42 am. HGIEL is a road infrastructure construction company, mainly involved into the execution of EPC contracts. I

apcotex industries zooms 20% as q3 profit rises more than double

Apcotex Industries zoomed 20% to Rs 562, also its all-time high on BSE in intra-day trade, after the company reported more than double net profit of Rs 133 million for the quarter ended December 2017 (Q3FY18). It had a profit of Rs 50 million during the same quarter in last fiscal. Revenue during the quarter under review grew 20% at Rs 1,379 million against Rs 1,148 million in the corresponding quarter of previous fiscal. EBITDA (earnings before interest, tax, depreciation and amortization) margin improved 715 bps to 12.55% from 5.4%. EBITDA margin improvement due to a combination of higher sales, lowering of cost structure especially at Valia, better margins and good raw-material buying, Apcotex Industries said in a statement. The company saw good growth in volumes across all the industri

liquor shares rally as united spirits posts strong profit; stock soars 16%

Shares of liquor companies were in focus with United Spirits rallying 16% to Rs 2,985 on the BSE in intra-day trade after the company reported a strong 84% jump net profit at Rs 153 crore, despite a drop in net sales during September 2017 quarter (Q2FY18). The company had profit of Rs 83 crore in the same quarter previous fiscal.Earnings before interest, tax, depreciation and amortization (ebitda) increased by 57% to Rs 318 crore, while EBITDA margin improved by 631 bps at 16.3% in Q2FY18.
The company said both primarily driven by increased gross margin (up 559 bps) and lower staff costs, partially offset by marketing investment increasing 11%.Reported net sales declined 4% to Rs 1,951 crore, impacted by the highway ban and the one off impact of operating model changes."In the second qua

markets live: sensex rangebound, nifty tests 10,450; airtel top gainer

11:05 AMMarkets checkAt 11:00 am, the S&P BSE Sensex was trading at 33,647, up 74 points, while the broader Nifty50 was ruling at 10,444, up 20 points. 10:46 AMBharti Airtel top gainer Bharti Airtel was up 4% to Rs 565 on the BSE in early morning trade after about 185 million equity shares of the company exchanged hands on the counter. READ MORE 10:21 AMHEG hits new high on stellar Q2 performance
HEG was locked in upper circuit of 5% at Rs 1,841, also its new high on the BSE, after the company reported stellar performance in September 2017 (Q2FY18) with net profit Rs 114 crore. The company, a leading graphite electrode manufacturer in India, had recorded a net loss of Rs 14 crore in a year ago quarter. It had posted loss of Rs 50 crore in the entire previous financial year 2016-17. READ

bmg revenue up double digits in 2016, thanks to streaming, global deals, portfol

German media conglomerate Bertelsmann announced its financial results for 2016 on Tuesday, touting bumps in operating earnings and sustained growth in publishing and recorded music.Last year, overall revenues remained virtually unchanged at 17 billion euros ($18.4 billion) despite negative exchange rate (previous year: 17.1 billion euros), and operating EBITDA rose to a record 2.57 billion euros ($2.8 billion), up from 2.49 billion euros, even though start-up losses were incurred for digital and new businesses. Despite a higher tax burden, group profit once again exceeded the previous year's figure, rising to 1.14 billion euros (previous year: 1.11 billion euros).Bertelsmann chairman and CEO Thomas Rabe said revenues for BMG rose by 12.2 percent to 416 million euros ($451 million), up from

στα 10,5 εκατ. ευρώ τα κέρδη του ομίλου ιασω το 2017 - οικονομικές ειδήσεις της

Ο ενοποιημένος κύκλος εργασιών του ομίλου ΙΑΣΩ, μετά από  rebate και claw-back, ανήλθε το 2017 στα 114,16 εκατ. ευρώ, έναντι 116,51 εκατ. ευρώ το 2016, καταγράφοντας μείωση κατά 2,02%. Τα ενοποιημένα μικτά κέρδη αυξήθηκαν κατά 7,71% και ανήλθαν στα 21,66 εκατ. ευρώ από 20,11 εκατ. ευρώ το 2016, με το σχετικό περιθώριο να διαμορφώνεται στο 18,97%.  Τα ενοποιημένα κέρδη προ φόρων χρηματοδοτικών, επενδυτικών αποτελεσμάτων και συνολικών αποσβέσεων (EBITDA) αυξήθηκαν κατά 16,74% και ανήλθαν στα 24,68 εκατ. ευρώ από 21,14 εκατ. ευρώ το 2016. Το σχετικό περιθώριο (EBITDA margin) διαμορφώθηκε στο 21,62%.   Τα ενοποιημένα κέρδη προ φόρων, χρηματοδοτικών και επενδυτικών αποτελεσμάτων (EBIT) κατέγραψαν άνοδο κατά 38,24%, διαμορφούμενα στα 14,93 εκατ. ευρώ από 10,8 εκατ. ευρώ το 2016.         Τα κέρδη

markets live: sensex range-bound, nifty above 10,350; infosys up 3%

11:57 AMCME, world's top derivatives bourse, to soon start bitcoin futures trade
The market for bitcoin is set for a paradigm shift, with the world's largest derivatives exchange, CME, to soon begins futures trading in this popular crypto-currency.
"The launch of futures, is expected in Q4 (the last quarter) of 2017; we are still awaiting regulatory approval," said a spokesperson of the CME group to an e-mailed query.
The price of bitcoin has risen from $952 at the beginning of this year to $8,200, up 8.6 times. Bitcoin's market capitalisation is $136 billion, by one estimate, 56 per cent of the total crypto-currency m-cap. READ MORE11:44 AMNeuland Laboratories dips 8% on disappointing Q2 earning
Neuland Laboratories has dipped 8% to Rs 1,175 on the BSE in intra-day trade after the

motherson sumi falls 12% in three days post december quarter results

Motherson Sumi Systems has fallen 6% to Rs 321 on BSE in intra-day trade, extending its past two days 6% decline after the auto ancillary company reported a weak operational performance in December 2017 (Q3FY18) quarter. The company’s consolidated net profit grew 5% to Rs 4.37 billion due to higher depreciation and tax outgo. Total sales during the quarter rose 36% to Rs 143 billion over the previous year quarter. EBITDA (earnings before interest, tax, depreciation and amortization) margin contracted 120 bps to 9.7% from 10.9%. “MSL’s operating performance was impacted largely across its business in Q3FY18. This is after standalone margins were impacted by higher input cost (that usually takes three to six months to pass on to the consumers) & employee cost; SMP’s margins were impacted due

jindal saw extends fall post q3 results

Jindal Saw dipped 8% to Rs 154, extending Wednesday’s 4% decline on BSE after the company reported 19% growth in net profit at Rs 963 million for the quarter ended December 2017 (Q3FY18). It had profit of Rs 807 million in the same quarter last fiscal. Total income increased 49% to Rs 21,807 million from Rs 14,666 million in the corresponding quarter of previous year. EBITDA (earnings before interest, tax, depreciation and amortization) margin declined to 14.45% from 18.75% in Q3FY17 and 19.68% in Q2FY18. “As the Company is not producing steel rather commodities like steel, iron ore and cocking coal are raw materials for its products. Last few months have witnessed increased volatility in commodity prices including cocking coal and iron ore which is expected to impact the finished goods sa

tata steel surges 5% on strong q3 results

Tata Steel has moved higher by 5% to Rs 718 on BSE in noon deal, extending its Friday’s nearly 2% gain after the company reported nearly five-fold jump in a consolidated net profit of Rs 11.35 billion for the third quarter ended December 2017 (Q3FY18), on the back of higher revenues mainly from domestic operations. The company had reported a net profit of Rs 2.31 billion in the third quarter of 2016-17. The company’s consolidated net sales in the period under review were at Rs 330.9 billion, up 14.4% from the same period last year, as domestic operations showed a stronger contribution to the total sales. EBITDA (earnings before interest, tax, depreciation and amortization) margin improved to 17.3% from 12.6% in previous year quarter. Tata Steel Europe posted lower EBITDA mainly due to high

infosys gains 1% ahead of q4 earnings announcement

Shares of Infosys gained 1% on Friday ahead of the IT major's fourth quarter results later in the day.
At 11:05 am, the stock was trading at Rs 1,171, up 0.8% as compared to 0.4% rise in S&P BSE Sensex. It hit a high and low of Rs 1,175.45 and 1150.20 in intra-day deals today.
On a year-to-date basis, the stock has rallied around 12.84% and has underperformed the Nifty IT index that gained around 13.5% during this period. By comparison, the Nifty50 index slipped around 0.25% YTD.
According to analysts, guidance for FY19, CEO's strategy and long term roadmap for Infosys and deal wins will be key monitorables in the Q4 results.
"Revenues expected to grow 1.4% q-o-q in CC terms, aided 100 basis points (bps) by currency movement (USD growth 2.4% q-o-q). EBITDA margin expected to rise 3

adani ports up 3% on post q4 results

Adani Ports and Special Economic Zone was trading 3% higher at Rs 408 on the BSE, after the company reported mixed set of numbers with consolidated revenue from operations up 43% year on year (YoY) at Rs 31.83 billion during March quarter (Q4FY18), on back of higher cargo volumes.
The consolidated net profit declined 20% YoY at Rs 9.29 billion in Q4FY18, due to weak product mix and higher tax outgo. Consolidated cargo for Q4FY18 increased by 6% to 45.44 MMT as against 42.67 MMT in Q4FY17.
The net profit would have been higher but for higher tax incidence to Rs 3.96 billion in Q4FY18 from Rs 120 million in Q4FY17.
This is because Mundra port has come out of tax holiday period. However, from cash flow angle there is no incremental impact as company has MAT credit entitlement, Adani Por

macquarie takes bold dive into danish telecoms

Macquarie is making a bold dive into Danish telecoms.Teaming up with local pension funds to buy TDC for 40.3 billion Danish crowns ($8.5 billion) is a long-term bet on ultrafast broadband, rather than a foray into classic private equity-style cost cutting.
Macquarie's aim is to cover the whole of Denmark with a network which can deliver broadband speeds of one gigabyte per second over the next decade Photo: Louise KennerleyMacquarie's bid, which had to be raised to 50.25 Danish crowns a share from the 47 crowns originally reported by Danish newspaper Borsen, doesn't fit the traditional buyout playbook.Cost-cutting looks hard since TDC has already been through the private-equity machine. Its 2005 acquisition by Apax, Blackstone and Permira was the largest of its time.Even now, as a public

the best chocolate for melting & dipping: pro tips from a pastry chef — ingr

Earlier today we shared one of our favorite treats, chocolate-dipped strawberries, so now let's talk chocolate. Specifically, dipping chocolate. What kind of chocolate do you need for goodies like these? Take a few tips from this pastry chef — I've dipped a lot of chocolate in my time so let me give you the scoop.
READ MORE »

Search Tags
neil gorsuch confirmation what is the nuclear option hands on 50 ios 12 beta 2 changes and features video presstv eu maneuvering to stop britain exiting bloc القمة الفلسطينية المصرية كانت هامة وداعمة الجيش السوري يسقط طائرتين مسيرتين محملة بالذخائر في ريف اللاذقية samsung teases big things coming from the galaxy note 8 in new video πατατοσαλάτα με μυρωδικά υγεία presstv russia to react to thaad expansion moscow north carolina s voter id law is defeated for now reconnaissance office aurora gaming desktop jadhav s confessional video farcical facts manufactured india slams pakistan five best flight tracking apps for iphone confusion reigns in crime thriller πυρκαγιά σε εγκαταλελειμμένο εμπορικό κέντρο στο χαλάνδρι ειδήσεις ελλάδα sweden s laser man charged with murder in germany presstv trump blames obama for protests leaks в уфе на этноночи зажгли музыканты разных стран культура police arrest man who escaped from supreme court even architecture prizes are political in this crazy world new nc island was expected to eventually disappear but not like this see pic in a first l t builds offshore patrol vessel for indian coast guard an opioid in over the counter anti diarrhea meds has the fda worried pakistan army dji goggles latenza minore in fpv con il nuovo aggiornamento και στη σοβιετική ενωση γελούσαν πολιτισμός kamal haasan for unity between tn karnataka trump s latest secret plan dealing with north korea without china t mobile more than doubles its gigabit lte availability meet infosys new ceo md salil parekh a perfect fit for future vision en chine l avenir incertain du hip hop nando s accused of bullying independent reading chicken eatery fernando’s lung organoids longer working because get the huawei p20 wallpapers in full resolution here the burmese refugees putting down roots in wollongong festival de cannes 2018 le palmars en images scientists can now measure activity of key cancer cell survival protein march madness 2017 barack obama reveals his picks 5 android apps you shouldn t miss this week android apps weekly
Facebook Twitter Google Plus Digg Share This

All rights reserved. © Laxaro 2016-2017 Run in 1.127 seconds