Page 13 - Ebitda

Bizongo turns profitable; eyes $300 mn in annualised revenue by FY22

The tech-enabled B2B e-commerce platform for customised goods, has grown four times since the start of the year, and already surpassed $200 million in annualised revenue.

Ind-Ra maintains stable outlook for H2FY22 on domestic steel sector

Higher coking coal prices could moderate per-tonne EBITDA margins, but absolute EBITDA is likely to be adequately compensated by robust sales volumes and elevated price levels

Tata Steel sells entire stake in NatSteel Holdings for $172 million

Company retains wires business as part of downstream portfolio

Raymond consolidates tools & hardware, auto parts biz into engineering biz

Board clears move to convert realty division into fully-owned subsidiary

Fortis posts Q1 profit of Rs 430 cr on revenue growth, exceptional gain

Revenue grows 132% in Q1FY22, with that from diagnostics putting up the best show

Sundram Fasteners posts Rs 120 cr Q1 net profit vs Rs 25 cr year-ago loss

The company's total revenue from operations trebled to Rs 1,112.4 crore from 373.2 crore a year ago

Vedanta to invest $20 bn across businesses, double silver and steel output

Timeline for investment not given; Firm looks to ramp up domestic production in oil and gas by up to 50%

Hindalco Q1 consolidated PAT at Rs 2,787 cr vs loss of Rs 709 cr a year ago

The Aditya Birla Group firm's topline stood at Rs 41,358 crore, up 63% from same period last year with Novelis contributing strongly at Rs 28,428 cr

Cipla's Q1 PAT grows 24% to Rs 715 crore riding on domestic sales

The company posted a 27% YoY increase in income from operations, at Rs 5,504 cr. Ebitda grew 28% to Rs 1,346 cr with a resulting Ebitda margin of 24.5%

We haven't had any impact of chip shortage on our business: KPIT Tech chief

In a Q&A, Kishore Patil talks about growth drivers, impact of chip shortages on auto sector and acquisitions

Marico Q1 PAT down 6% YoY to Rs 365 cr on steep rise in input costs

Net sales up 31.2% on a low base to Rs 2,525 cr, volumes grow 21%

Tech Mahindra Q1 net up 39.2% YoY to Rs 1,353 cr, revenues rises 12%

Profit rises 25% sequentially on broad-based growth across segments and verticals

ArcelorMittal Nippon Steel India EBITDA jumps 450% to $607 million

The company said Q2CY21 crude steel production remained stable at 1.8 million tonnes despite Covid-19 headwinds

Colgate-Palmolive June quarter PAT up 18% to Rs 233 cr, sales up 12%

Gross margin expanded by 301 bps and 148 bps over previous quarter, reflecting the price hikes taken during April-June.

Nestle India Q2 PAT up 11% to Rs 539 cr, sales up 14%

Steep commodity inflation impacted margins; while staff benefit expenses remained stable, total expenses grew 14% as other operating expenses surged too

Vedanta consolidated Q1 PAT up four-fold at Rs 4,224 cr on revenue spike

Top line up 79% YoY at Rs 28,105 cr; lower base also spurs annual surge in bottomline

L&T Q1 consolidated net surges four-fold at Rs 1,174 cr on higher revenue

The company's topline in the period under review stood at Rs 29,334.73 crore, up 38% from the same period last year

Tata Motors posts Rs 4,450 cr loss in June qtr as chip shortage takes toll

The company's UK subsidiary expects Q2 to be worse, sees recovery only in the second half of FY22

Does Vodafone Idea have a cushion to sail through the current year?

Much would depend on whether the govt gives it yet another year's moratorium on Rs 8,200 cr spectrum payment due next March, and its ability to raise Rs 25,000 cr more from investors

Reliance Retail Q1 PAT up 123% to Rs 962 cr on low base

EBITDA up 79% at Rs 1,941 crore YoY but plunged 46.3% sequentially