Page 14 - Ebitda

Tata Steel outlines Rs 10,000-12,000 cr annual India capex over next 5 yrs

As against a $1 billion annual debt reduction target, the company is likely to reduce gross debt by over $2 billion in FY22

Cloud gaming platform OnMobile Global posts Q4 EBITDA at Rs 15 crore

Cloud gaming platform OnMobile Global clocked 28 per cent growth in earnings before interest, taxes, depreciation and amortisation (EBITDA) at Rs 15 crore in the January to March quarter as compared to Rs 12 crore in the same period of previous fiscal.Cost rationalisation efforts and optimum marketing investments helped the company reduce manpower cost and marketing cost which resulted in the growth.Operating profits grew by 47 per cent to Rs 13 crore in Q4 FY21 but profit after tax cracked 16 per cent to Rs 15 crore.Revenues witnessed a drop of 9.7 per cent to Rs 137 crore from Rs 152 crore in Q4 FY20 -- mainly due to low collections from Europe and Middle East & Africa.As on March 31, the company said it had total assets worth Rs 899 crore as compared to Rs 881 crore in previous year.OnMobile provides end-to-end mobile entertainment solutions that include platform, apps, content partnerships and professional services to carriers across the globe.

Titan net jumps 66% to to Rs 568 crore in March quarter on low base

Revenue for the quarter rose 59 per cent over the previous year to Rs 7,494 crore, against a forecast of Rs 7,516.8 crore

Jio to drive Reliance Industries' March quarter Ebitda, say analysts

On consolidated basis, last year's low base expected to aid sharp jump in net profit

Alkyl Amines rallies 11% in two days on fixing record date for stock split

The company fixed May 12 as the record date for the subdivision of face value of equity shares from Rs 5 to Rs 2

Moody's upgrades outlook on Tata Steel to stable, cites recovery in Q3

Agency affirms Corporate Family rating 'Ba2', says company will continue recovering after demand slump last year

Oyo's India business Ebitda-positive: Founder & Group CEO Ritesh Agarwal

India business is EBITDA positive. It has achieved EBITDA break-even from December 2020 and is growing month-on-month

L&T bags multiple orders across business segments in domestic market

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 ...

Chemicals major Sanmar plans to raise equity to repay restructure debt

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

Jindal Stainless chalks out Rs 2,000-3,000 cr capex plan for next 2-3 yrs

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 'ebitda' back to pre-pandemic levels driven by consumer businesses

Reliance has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's said

Strong volumes seen leading Q3 revenues for domestic cement players

Weak pricing, higher cost of production to hurt EBITDA/tonne of large players

Reliance EBITDA improves on rebound; balance sheet strengthened: Moody's

Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months

EBITDA margin of Print Media to shrink by 10% in FY21: India Ratings

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

India Inc's EBITDA to shrink 24% in FY21 due to Covid disruptions: Moody's

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

Top headlines: India Inc's EBITDA to shrink 24%, Soota's IPO jackpot

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

159 listed cos' cumulative EBITDA declined Rs 22,500 cr in Mar qtr: Report

EBITDA stands for earnings before interest, tax, depreciation, and amortisation

Adani Gas profit before tax dips 49% to Rs 62.58 crore in June quarter

Earnings before interest, tax, depreciation, and amortisation was at Rs 86 crore - a hit of 41 per cent

ArcelorMittal Nippon Steel India EBITDA drops 23.5% to $107 mn in June qtr

ArcelorMittal, which holds 60% in AMNS India, said Covid-19 had severely disrupted domestic demand particularly in April

Solar power counts the price for bidding cheap in race for projects

Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power