Page 15 - Ebitda

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

After all-round Q1 beat, Asian Paints may find it hard to convince Street

Revenue down by 43% and PBT 70%; scepticism is around sustenance of volume recovery

Zomato delivers two-fold jump in revenue at Rs 2,960 cr in FY20

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.

Difficult for Vodafone Idea to pay upfront AGR dues: Credit Suisse

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

Any crisis throws up undervalued stocks

But look at quality of management, and another one unique to this crisis is finding businesses which will emerge stronger

Bata: Despite subdued Q4, hope of faster recovery may keep sentiment intact

Q4 was weak with 8.8% fall in top line and 45.5% decline in pre-tax profit

DMart Q4 PBT growth slows amid curbs; Ebitda margin contracts by 80 bps

Net profit margin at 4.6% in the March quarter was in line with the number reported a year ago (4%)

RIL oil unit staff face big pay cuts; Ambani to forgo entire year's salary

His company will cut 10 per cent from hydrocarbons segment employees who earn above Rs 15 lakh per annum.

Reliance Retail posts 33% rise in Ebitda, revenue grows at 4.2% in Q4 FY20

Its revenues for FY20 grew by 24.8 per cent on a yearly basis to Rs 62,936 crore. Ebitda for FY20 grew by 56 per cent y-o-y to Rs 9,654 crore.

ACC's strong operating performance lifts sentiment amid Covid-19 lockdown

Despite the lockdown impacting volumes, lower costs drove earnings and beat expectations

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Tata Steel Q3 loss before tax at Rs 236 cr over lower demand, weak prices

The firm's consolidated bottom line was a loss at Rs 1,228 crore, against a profit of Rs 1,753-crore profit reported in the same period last year

Tata Power profit before tax falls 23% in third quarter due to lower income

The Mundra power plant, the company said, saw lower fuel underrecovery in the December quarter.

Tata Steel's cost rationalisation plan for Europe credit positive: Moody's

The European operations made up 35% of Tata Steel's total shipments in H1 of FY20, but generated only 2.4% of its reported consolidated EBITDA

Birla Corp contests UltraTech's copyright violation claim over use of name

Its argument is based on the grounds that the use of the word 'Ultra' is neither a copyright violation, nor does UltraTech have exclusive rights over the word under dispute

Marico fails to maintain volume growth in Q2 on poor offtake; stock down 6%

Stock tanks on flat top line in the September quarter, even as benign copra prices save the day, leading to a 16 per cent rise in pre-tax profit