* TD Power Systems (TDPS)’ reported weak operational performance. Though revenues increased by 20% yoy and EBITDAM increased by 550bps yoy to 7.3% – they were..
* Strong operating performance: BPCL reported better than expected Q2FY18 results; EBITDA at Rs35.3bn and PAT at Rs23.6bn. Operating profits got lift from inventory gains..
Better product mix and cost control measures boost profitability
Minda Corp reported revenue and profit growth ahead of our estimates for Q2FY18. Total income surged 1..
GSPL’s 26% EBITDA growth in 2QFY18 was driven by a 28% yoy increase in transmission volumes to 31.6mmscmd even as other expenses increased due a one-off impact of R..
For the quarter ended Sept 2017, Jagran Prakashan Ltd. reported a fall in profitability with net profit contracting by 19% YoY to Rs 61 cr and 22% sequentially.
* Strong operational performance: GAIL reported strong Q2FY18 results‐ EBITDA and PAT at Rs20.7bn (+35% YoY, +9% QoQ) and Rs13.1bn (+41% YoY, +28% QoQ), respectively. O..
Net Revenues stood at Rs. 12,182 crore an increase of 14 % YoY. 1,29,752 vehicles were sold in domestic market, YoY growth of 11.8%. 76..
* Somany Ceramics’ Q2FY18 revenue, on a comparable basis, increased by 5.2% yoy to Rs4.3bn. EBITDA was flat at Rs409mn and APAT declined by 2.7% yoy to Rs227mn
AksharChem Q2FY18 PAT was above our estimates, supported by higher than expected other income, operationally numbers were weak. Net sales during the quarter was up 3.7% Q..
Andhra Bank reported higher NIMs at 3.21% (10bps y-o-y & 9bps q-o-q) but better operational performance (cost to income ratio of 38% (-792bps y-o-y & 43bps q-o-q)..
Ashoka Buildcon’s (ASBL) execution during 2QFY18 was hampered by one-offs related to (1) local agitation in the Eastern Peripheral Project and, (2) lower T&D re..
Stability gradually returning, play on rural growth
But pace of initial recovery appears to be slower than peers We recently met management of Colgate Palmolive (Indi..
BSNL to offer more data, validity under select prepaid plans
India's IOC buys U.S. Light Louisiana Sweet oil via tender
M&S seeks technology savings through Tata tie-up
PwC to fight SEBI audit ban to limit franchise impact
Infosys signs agreement with U.S. IRS; sees lower tax rate
Analysis: Ten years after crash, Americans still have not fallen back in love with stocks
Australia, Southeast Asian summit ends with rebukes against trade protectionism
U.S. government to accept metals tariffs exclusion requests from Monday
China`s Didi looks to raise $1.6 billion via asset-backed securities
DP World buys stakes in Peru`s No. 2 container terminal, India logistics firm
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