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Credit quality of rated India corporates robust, EBITDA to grow 10 pc in 2024 Riding on broad-based earnings growth and increased financial discipline, credit quality is further improving for rated Indian corporates, a report showed on Monday.  The S&P Global Ratings report said it has positive rating outlooks on a third of the Indian companies it rates. The report forecasts aggregate EBITDA for rated Indian companies will grow 10 per cent in 2024, driven by telecoms, airports, commodities, and chemicals. "Our positive outlook on the Indian s...
Credit quality of rated India corporates robust, EBITDA to grow 10 pc in 2024
Credit quality of rated India corporates robust, EBITDA to grow 10 pc in 2024
Source: IANS
2024-08-12 01:00:33 pm
Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore Colgate-Palmolive reported a 20 per cent jump in consolidated net profit at Rs 379.82 crore for the Jan-March quarter of 2023-24 compared to the same period last year. The company’s total sales rose 10.35 per cent to Rs 1,480.66 during the quarter. EBIDTA (earnings before interest, tax, depreciation and amortization) for the quarter grew 17.7 per cent to Rs 532 crore. EBITDA margins increased by 2.2 per cent year-on-year to 35.7 per cent. The Board has announced a second interim d...
Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore
Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore
Source: IANS
2024-05-15 10:03:26 am
BharatPe turns EBDITA positive for first time  BharatPe turned EBDITA -- earnings before interest, tax, depreciation and amortisation -- positive in October with an annualised revenue of Rs 1,500 crore, which represents a 31 per cent increase over the same period of the previous year on the back of higher growth in its lending and payments business, the company said on Tuesday. The fintech startup has also significantly cut down its cash burn, which averaged at Rs 60 crore a month in 2022-23, to attain a positive EBIDTA. "...
BharatPe turns EBDITA positive for first time
BharatPe turns EBDITA positive for first time
Source: IANS
2023-11-28 01:57:38 pm