The world's largest online retailer said net income more than doubled to $1.86 billion, or $3.75 per share in the fourth quarter ended December 31
Daily active users (DAUs) were 1.40 billion on average for December 2017 -- an increase of 14 per cent year-over-year
Company to launch one scooter and motorcycle in Q4, may hike prices to offset higher material costs
The profit is 2 per cent higher from Rs 2.76 billion in the corresponding quarter, a year back
Pharma segment revenues grew by 7% to Rs 10.22 bn
The company had posted a net profit of Rs 4.04 billion in the year-ago period
Shares of the company rose 3.8 percent to Rs 414.85 in a broader Mumbai market that was trading down 0.69 per cent
Within the enterprise segment, technology, media and entertainment was the outlier, with growth of 12.9 per cent
Loan book up 20% to Rs 3.42 trillion; steps up lending for affordable housing
Novartis India also announced the appointment of Jawed Zia as vice chairman and managing director of the company effective March 1, 2018
HDFC also announced that it had received an approval for the issuance of non-convertible debentures worth Rs 350 billion
Avenue Supermarts was listed on stock exchanges with a blockbuster listing in March last year, making Radhakishan Damani, a part of India's richest 20 club
The company approved revision in method of calculating royalty, which would result in lower royalty payments for new model deals
Depreciation costs at its Malaysia plant and drop in licensing revenue due to temporary shutdown of its biologics plant also led to lower numbers
Total expenses were Rs 53.78 bn, an increase of 18% over the last year same period
CMD Rakesh Sharma said, 'We had to make Rs 740 million provision on treasury bonds which affected the decline in profits'
The company said revenue for the period is not comparable on account of restructuring of indirect taxes due to GST
Lamenting decline in domestic call connect charges, Idea said move along with recently announced drop in International mobile termination settlement charges deals a blow
Improvement in commercial leasing space gives hope to stronger housing market
Firm to focus on affordable housing with a proper mix of non-housing segments