Top line grows nearly 24 per cent despite weak consumer sentiment; EBITDA margins in Q3 for DMart came in at 8.8 per cent
Market analysts said Infosys' performance was in line with their expectations
The IT bellwether is also expected to raise its revenue outlook for the 2019-20 financial year
The company sold over 2 million two-wheelers during the quarter, an increase of 23 percent over the same period a year earlier
The company sold 17,81,160 units during the fourth quarter, down 11.1 per cent from 20,01,595 units sold in the same period of 2017-18
During the second quarter, the company said it sold 16,91,420 units as against 21,34,051 units in the same period last year, down 20.7 per cent
The company's revenue from operations grew 15% to Rs 73.05 bn
Company recorded a 10.9% y-o-y growth in sales
At the operating level, analysts see a dip in margin due to higher discounts and adverse working capital owing to weak demand
Earns Rs 914-cr profit in June quarter
Buoyed by robust performance, it is targeting an annual sale of 5 lakh units in 2017-18
In 2016-17, the company had sold 350,496 units
Total commercial vehicle sales were at 51,253 units as against 47,344 units in the year-ago month, a growth of 8 per cent.
Its assets declined 81.5% to Rs 4,148 crore compared to Rs 23,868 crore in 2017-18
As of end March 2019, total assets stood at Rs 4,148 crore, a pale shadow of Rs 23,868 crore year-ago
The company's revenue for the quarter stood at Rs 8,892.3 crore
The Mumbai-based company saw its consolidated revenue from operations increasing 10.4% to Rs 8,892.3 crore as against Rs 8,054.5 crore in the year-ago quarter
The company had posted a PAT of Rs 1,059.09 crore in the corresponding period of 2017-18
The company had posted a loss of Rs 179.23 crore in 2017-18 financial year, documents filed with the Corporate Affairs Ministry and sourced by business intelligence platform Tofler showed.
'Unfortunately we had some missteps and bugs,' chief executive Jack Dorsey told a conference call