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HINDUJA VENTURES LIMITED (‘HVL’) AUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Description: Description: cid:image002.jpg@01CC882C.D63D4560

Standalone total income for the year end Rs. 242.60 Crores

PAT Rs. 125.65 Crores

 

Recommendation of Dividend at 175% for the financial year 2017-2018

 

The Board of HVL at its meeting held today approved audited standalone and consolidated financial results for the year ended March 31, 2018.

 

HVL Standalone Results: -

 

  • The net profit after tax stood at Rs.125.65 Crores for the financial year ended March 31, 2018 as against Rs. 102.90 Crores for the financial year ended March 31, 2017.

 

  • HVL on standalone basis reported a total income of Rs.242.60 Crores for the financial year ended March 31, 2018 as against Rs. 203.39 Crores for the financial year ended March 31, 2017.

 

Consolidated Financial Results: -

 

  • Consolidated total income for the financial year ended March 31, 2018 is Rs. 868.97 Crores as against to Rs. 826.00 Crores for financial year ended March 31, 2017.

 

  • Consolidated net loss after tax and minority interest for the financial year ended March 31, 2018 stood at Rs 255.54 Crores as against loss of Rs. 56.61 Crores for the financial year ended March 31, 2017. Read more

India Today Group’s Karnataka Panchayat On March 31

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Top political and business leaders, bureaucrats, technocrats, celebrities and influencers are set to come together at the India Today Group’s Karnataka Panchayat this weekend in Bengaluru to discuss the state’s political, social and economic climate ahead of theMay 12 assembly elections. Read more

HINDUJA VENTURES LIMITED(‘HVL’) UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2017.

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Board of HVL at its meeting held today approved un-audited standalone financial results for the quarter and nine months ended December 31, 2017.

 

HVL Standalone Results:-

 

  • HVL on standalone basis reported a total income of Rs. 169.12 Crores for the nine months ended December 31, 2017 as against Rs. 173.91 Crores for the nine months ended December 31, 2016.

 

  • The net profit after tax for nine months ended December 31, 2017 stood at Rs. 88.80 Crores as against Rs. 88.39 Crores during nine months ended December 31, 2016. The Net Profit After Tax for the period ended grew by 0.47 %.

 

  • For the quarter ended December 31, 2017, the total income of the Company stood at Rs. 64.88 Crores compared to Rs 53.58 Crores for the quarter ended September 30, 2017 and Rs. 52.79 Crores for the quarter ended December 31, 2016.

 

  • The net profit after tax for the quarter ended December 31, 2017 stood at Rs. 33.76 Crores as against Rs. 29.55 Crores for the quarter ended September 30, 2017 and Rs. 35.99 Crores for the quarter ended December 31,2016. Read more

KPIT investor update for the third quarter ended December 31, 2017

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By  K Ashwin  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

KPIT (BSE: 532400; NSE: KPIT), a global technology company specializing in providing IT Consulting andProduct Engineering solutions and services to Automotive, Manufacturing, Energy and Utilities companies, today reported itsconsolidated financial results for the third quarter and nine months ended December 31, 2017.

 

Highlights for the quarter ended December 31, 2017

CC revenue was flat in Q3 FY18 as compared to Q2 FY18

Q3FY18 INR Revenues at ₹ 9,127.7 Million, a Y-o-Y growth of 10%

Q-o-Q Growth of 9.6% in absolute EBITDA

Q3FY18 PAT at ₹ 616.8 Million, a Q-o-Q growth of 3.3% and Y-o-Y decline of 16.2%

Net Cash Balance of ₹ 1,772 Million as at Q3 FY18 end Read more