Steep rise in diesel prices to up network opex for telcos by 7-8%: Analysts
“Diesel costs contribute roughly 8% to telecom companies’ operating expenses for running towers, generators etc….so, these can go up proportionately, but EBITDA (earnings before interest, tax,depreciation and amortization) will not see any dramatic change,” said an analyst who did not wish to be quoted.
Tata Steel Q3 results: Company reports net profit of Rs 4,011 crore versus a loss of Rs 1,229 crore in FY20
Tata Steel posted a 49.5% fall in...
Strong performance by Jio, Bharti Airtel to buoy telecom industry growth for FY21: Fitch
Among other highlights, Fitch expects industry month...
Finolex Industries Q3 results: Net profit soars 174% to Rs 256 cr
The company said its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin jumped to 32.5 per cent from 19.9 per cent a year ago.
UPL Q3 results: Net profit rises 12% to Rs 793 crore
Revenues from operations increased 3%, to Rs 9,125 crore during the December quarter as against Rs 8,892 crore during the same period last year.
Laurus Labs Q3 results: Net profit zooms nearly 4-fold to Rs 273 cr
The company had posted a net profit of Rs 73.47 crore for the corresponding period of the previous fiscal, Laurus Labs said in a filing to BSE.
JSPL reports a net profit of Rs 2,566 crore in Q3 FY 21 Vs a net loss of Rs 218 crore last year
As domestic demand continued to recover, the company raised its sales within India. This was reflected in declining share of exports for JSPL, which declined to 21%, the company said.
Bharti Infratel-Indus Towers merger offers limited synergy savings: Analysts
"Given the limited overlap in the operations of Bharti Infratel and Indus Towers, synergies from the merger are likely to be limited to savings on administrative overheads," Jeffries said in a report.
After a solid Q2, analysts raise price targets of steel stocks
Tata Steel’s FY21-22 earnings estimates have been raised.
Hindalco Q2 results: Net profit down 60% as Lewisport asset sale results in a loss
Hindalco’s consolidated earnings before interest, taxes, depreciation and amortization (Ebitda) registered a healthy growth of around 30% at Rs 5,171 crore as against Rs 3,918 crore during the same period last year, on account of favourable macros and lower input costs.
SIS shares climb 12% as Q2 profit jumps 42%
"Historically high operating cash flows have led to a net debt reduction of over Rs 210 crore and net debt or EBITDA (Earnings before interest, taxes, depreciation, and amortization) declined to less than 1, which has been reaffirmed by our credit rating upgrade from A+ to AA-," SIS Group managing Director Rituraj Kishore Sinha said.
ACC Q3 results: Net profit rises 20% to Rs 364 crore
The company’s operating Ebitda grew by 21 per cent YoY to Rs 671 crore and the company has said that its operating cost per ton of cement continues to reduce as we realize benefits of our efficiency and cost reduction programs.
Jio's new post paid plans won't start 'tariff war': Goldman
Half of Bharti’s user base comes from the corporate segment where tariffs are offered at a negotiated rate, and OTT subscriptions are not likely a differentiating factor, it said.
ArcelorMittal Nippon Steel India Q1 EBITDA at $140 million
AM/NS India received approval from NCLT Cuttak for its resolution plan for OSPIL.
Slowdown-hit auto firms headed for another disappointing quarter
M&M reported a 21 per cent decline in total sales at 43,343 units in September.