The company continues to reduce debt levels through internal cash generation for a strong balance sheet
Analysts on average expected the company to post a profit of 7.10 billion
The company said its capacity scaling to 50 million fibre km from 30 million fibre km is on schedule to be delivered by June 2019
Revenue from operations during the quarter under review stood Rs 431.21 crore as against Rs 398.26 crore in the year- ago period.
From Rs 3.73 billion in Q3FY17, revenues dipped to Rs 3.66 billion in the quarter under consideration
MCX launched gold options and the average daily turnover in commodity options stood at Rs 1.4 billion
Shares of ICICI Lombard were trading 3.46 per cent higher at Rs 809.65 per scrip on BSE
The company delivered better than expected on volume growth front, which stood at 1.6% QoQ, and consequently aided the EBIT and PAT coming in higher than expected
Co-founder Nandan Nilekani set the tone for Salil Parekh, , saying stability had returned to the company
On sequential terms, revenue rose 1.3% to Rs 177.94 bn; keeps FY18 revenue growth forecast at 5.5-6.5%
After new CEO Salil Parekh took charge on Jan 2, the company's revenue guidance and software strategy under the new leadership will be keenly watched today
TCS had reported profit of Rs 68.14 billion on revenues of Rs 313.60 billion in the third quarter last year
The IT major announced dividend of Rs 7 per share; revenue rises 1.1% at Rs 309.04 bn
Videocon Industries' total expense during the period was at Rs 20 billion as against Rs 32 billion
Accenture has spent about $3.4 billion on nearly 70 acquisitions in the past three years
Net sales for the quarter was marginally up at Rs 158.3 crore, from Rs 156.9 crore in the year-ago period
Net profit on a standalone basis stood at Rs 49.6 crore, as against Rs 549 crore in the same quarter last year
Quarterly total expenses rose 9.2% to Rs 5,709 cr
Its exports during the month increased 36.19% to 19,242 units, compared to 14,128 in November 2016
The company has also strengthened exports with the dispatch of 2,022 units of Verna to the West Asia market