India business is EBITDA positive. It has achieved EBITDA break-even from December 2020 and is growing month-on-month
Infrastructure company Larsen & Toubro (L&T) on Tuesday said it has received multiple orders across its business segments in the domestic market. The company did not provide the value of the contracts but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts. The construction arm of L&T has secured orders for two of its businesses, L&T said in a regulatory filing. The company said its water and effluent treatment business has secured EPC (engineering, procurement and construction) orders from the rural water supply and sanitation department, Odisha to execute individual rural water supply projects in the Kendrapada and Khorda Districts of Odisha. The business has also secured a repeat order from the water resources department of Odisha. Further, the factories arm of its buildings and factories business has secured an order from a leading cement manufacturer in the ...
Despite the pandemic disruptions, based on provisional IFRS estimates, for the year ended December 31, 2020, Sanmar chemicals' revenue was flat at around $700 million
Currently, Jindal Stainless' Odisha plant has a capacity of 1.1 million tonnes, while its Hisar plant is a 0.8 million tonne specialised product division
Reliance has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's said
Weak pricing, higher cost of production to hurt EBITDA/tonne of large players
Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months
India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21
Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases pent-up demand and helps to normalise economic conditions
From Centre releasing rants for states amid Covid, India-China agreeing on a 5-point plan to Moody's saying India Inc's EBITDA to shrink, Business Standard brings you top news of the evening
EBITDA stands for earnings before interest, tax, depreciation, and amortisation
Earnings before interest, tax, depreciation, and amortisation was at Rs 86 crore - a hit of 41 per cent
ArcelorMittal, which holds 60% in AMNS India, said Covid-19 had severely disrupted domestic demand particularly in April
Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power
Revenue down by 43% and PBT 70%; scepticism is around sustenance of volume recovery
The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.
In a report it said that after having paid Rs 6,900 crore of AGR dues, estimate is that Vodafone Idea would have Rs 6,000 crore of cash balance as of March 2020
But look at quality of management, and another one unique to this crisis is finding businesses which will emerge stronger
Q4 was weak with 8.8% fall in top line and 45.5% decline in pre-tax profit
Net profit margin at 4.6% in the March quarter was in line with the number reported a year ago (4%)