The company reversed an impairment loss provision of Rs 292 crore and derecognized Rs 189 crore on account of change in estimation for measurement of subsidiary.
Sharp declines in interest outgo, strong cash flows help Hindalco,
Coal India's stock hit a 52-week low on Tuesday following lower than expected March quarter performance.
unteck Realty is expected to do profit after tax (PAT) of Rs 198 crore.
Airlines recorded year-on-year growth of 15.7 per cent in passenger traffic according to the data released by the DGCA.
JSPL’s sales and profit growth will be determined by the steel prices and raw material prices.
The idea behind the move is to unlock value for shareholders and prepare a focused strategy for sustained growth.
Tata Steel reported Rs 6,982 crore in operating profit before depreciation (EBIDTA).
Vedanta's total net debt was Rs 8,100 crore at the end of FY17 and the net debt to EBITDA was 0.4, after considering cash from Hindustan Zinc.
The InvITs would be attractive to promoters with a lot of infras assets in portfolio, says Dina Wadia.
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