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TGBL’s entry into the FMCG world elucidates the new strategic direction of the company by providing significant value creation for all shareholders through greater scale and synergy.
June 17, 2019, 11:49 a.m.

CPI for the month of May increased marginally to 3.05% from a revised 2.99% for the month of April.
June 12, 2019, 11:50 a.m.

Segmental performance shows encouraging trend in mining and manufacturing revenue.
May 27, 2019, 1:32 p.m.

EBITDA at Rs. 888 Mn in Q4FY19 de-grew by 5.1% on YoY basis whereas PAT at Rs. 218 Mn de-grew by 36.8% on YoY basis.
May 27, 2019, 1:27 p.m.

Dr. Reddys Lab’s (DRL) revenue, increased by 13.6% YoY to Rs40.2 bn, is higher than our estimates of Rs 38.9bn; primarily due to good growth in Europe and Emerging market business. EBITDA margins grew to21.2% inline with our estimates of 21.0% on account of lower SGA and R & D expenses.
May 20, 2019, 1 p.m.

Despite top line growth of 16%, margins were impacted on account of higher operating costs and increasing competition.
May 20, 2019, 12:59 p.m.

During Q1CY19 MHCIE reported mixed bag numbers. Going forward Management expects its Indian operations to remain steady during H1CY19 and international operations to be robust.
May 8, 2019, 11:29 a.m.

At $150.1 Mn, Zensar (ZENT) reported a strong growth in revenue – 4.5% QoQ and 18.5% YoY. In constant currency terms (CC), it reported a sequential growth of 4.1% and 21.5% over previous year.
May 7, 2019, 11:13 a.m.

SRL recorded a 55% YoY increase in pre-sales to Rs. 2.9 Bn and collections surged 34% YoY to Rs. 2.06 Bn.
May 7, 2019, 11:13 a.m.

Greaves Cotton (Greaves) Q4 and FY19 estimates were in line with our estimates. Q4 adjusted earnings dropped by 4.2% YoY to Rs. 1.89 on the back of higher commodity prices, gross margin dropped by 150 bps YoY.
May 6, 2019, 11:37 a.m.