Tag Archive for fy18

Bhatia Communications and Retail Limited EBITDA jumps 250% in FY18, records PAT growth of 600%

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

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Bhatia Communications and Retail Limited, a leading mobile and accessories retail in Gujarat has announced a growth of 250 percent in Earnings Before Interest, Tax, and Depreciation and Amortisation (EBITDA) for the year 2017-18. It stood at Rs 7 crore as against Rs 2 crore in the previous financial year 2016-17.

For the financial 2017-18, the Profit After Tax (PAT) was of Rs 3.5 crore as compared to Rs 0.5 crore in the past financial year, thereby registering a 600 percent year-on-year (YOY) growth after including tax and other regulatory gains.

Meanwhile, the total income of the company was Rs 167 crore as compared to Rs 133 crore in the past year, thereby registering a growth of 26 percent on YoY basis.

“We are very happy with the results as it implies that we are heading in the right direction. The improvement in the bottom line is result of efficient inventory management. We are thankful to our investors who trusted us throughout the journey and also gave us the confidence to expand the business in other potential geographies as well. We are overwhelmed with initial response and are working hard to utilise the funds in most optimal manner to ensure stake holders’ better returns, said Sanjeev Bhatia, Founder of Bhatia Mobiles. Read more

India’s plastics export jump 17.1% in FY18 to USD 8.85 bn as per The Plastics Export Promotion Council

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

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India’s export of plastics posted a growth of 17.1% at USD 8.8.85 billion during the year 2017-18 as against USD 7.56 billion in 2016-17, registering a faster pace of growth than the overall merchandise export growth from India as per The Plastics Export Promotion Council (PLEXCONCIL). The merchandise exports from India touched US$ 303.3 billion, registering a growth of 9.9% in 2017-18 (provisional) vis-a-vis US$ 275.9 billion in 2016-17.

 

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Gravita India FY18 PAT at Rs. 45.21 crore; up 48 per cent

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

Gravita India Limited (NSE: GRAVITA, BSE: 533282), a leading recycling multinational company declared its financial results for the quarter and financial year ended March 31, 2018.

Gravita’s Profit After Tax surged to Rs.11.11 crore as against Rs. 9.34 crore for the corresponding quarter last year. PAT margin stood at 3.07 % in Q4 FY18 versus 4.39 % in Q4 FY17.

Commenting on the results, Mr. Rajat Agrawal, MD at Gravita India said, “We are pleased to announce the results and they are in-line with our expectations. Our recently commissioned commercial production of Lead Tetra Oxide at Jaipur and PPCP Granules Lines at Chittoor plant;  the recent order-win from Singapore will strengthen our top line and bottom line in FY18-19.”

Highlights of Consolidated Q4 FY18 Performance

  • Fourth quarter total revenue increased to Rs. 362.44 crore from Rs. 212.65 crore in Q4FY 17, up 70.44 %

  • The EBITDA in Q4 FY18 stood at Rs. 24.99 crore from Rs. 19.20 crore; up 41.29 % in the same period last year.

  • Q4 Net Profit rose by18.94 % to Rs. 11.11 crore up from Rs. 9.34 crore in FY 17. Read more

KALPATARU POWER (KPTL) CONSOLIDATED PAT GROWTH OF 77% IN FY18

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

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced its results for the quarter and year ended March 31, 2018. Below are the key highlights of the results:

 

KPTL Standalone (Figures in Rs. Crores)

  • ·         Achieved FY18 revenue growth guidance of 15%
  • ·         Core EBITDA & net margins continue to improve on account operational efficiencies & lower finance cost
  • ·         PBT & PAT growth in FY18 on account of better EBITDA margins and reduction in cost of finance as percentage of revenue
  • ·         Order Book as on 31 March 2018 is Rs.12,404 Crores, providing good visibility for future growth.
  • ·         Order inflows increased by 56% in FY18 to Rs.9,341 Crores; Achieved YTD FY19 Order inflows of Rs.1,463 Crores with L1 in excess of Rs.2,000 Crores   Read more

ICE Make FY18 Net Profit rises 32.19 % to Rs 6.63 cr

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

Ice Make Refrigeration Limited (Ice Make), one of the leading manufacturer & supplier of cooling solutions equipment, has announced its financial results for FY18 and the second half of financial year ended March 31, 2018.

The Company’s net profit for FY18 rose by 32.19 % to Rs 6.63 crore compared to Rs 5.10 cr posted in FY17.

The Company’s total revenue grew by 15.70% to Rs. 101.68 Crore as compared to Rs 87.88 Cr reported in the corresponding financial year (FY17)

The Company’s revenue for the second half of FY 2018 grew at 16.31% to Rs 61.42 Crores while net profit for the period rose by 30.03% to Rs 4.49 Crores.

During the year Company’s EBIDTA went up by 0.92 % YoY to Rs 12.38 crores while EBIDTA Margin improved to 12.25% compared to 11.33% in FY’17. PAT Margin improved to 6.52% compared to 5.71% in FY’17

The Board of Directors of the Company at its meeting held on May 24, 2018 recommended final dividend of Rs 1.00 per equity share of Rs 10/each, for the financial year ended 31 March 2018. Read more

MBL delivers strong margins at 36% in Q4 FY18 - Topline growth at 14% YOY in Q4 FY18

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By  Ashok Punatar Mobile: 09820746494 Email: ashokpunatar@gmail.com

Music Broadcast Limited (MBL), India’s 1st Private FM Radio Broadcaster, has reported its Financial Results for the Quarter and Year ended March 31st, 2018 and has delivered a topline growth of 14% in quarter 4 with a margin of 36%.

Particulars (Rs in Crores)

Q4 FY18

Q4 FY17

YoY %

FY18

FY17

YoY %

Revenue

75.9

66.6

14%

298.3

271.4

10%

EBITDA

27.4

16.6

65%

97.1

91.3

6%

EBITDA Margins

36.0%

24.9%

32.6%

33.6%

PAT

16.3

4.5

261%

51.7

36.7

41%

All the Phase III Stations commenced operations from Q4FY17

  • Key Highlights – Q4FY18 :

  • EBITDA Margins at 36% with a 65% growth in EBITDA

  • EBITDA breakeven in Ph3 markets. Faster than anticipated

  • Robust revenue growth at 14%

  • PAT growth by 261%

 

  • Key Highlights – FY18 :

  • Strong revenue growth at 10%

  • Volume growth better than the industry

  • Revenue growth majorly contributed by volume increase in the New Stations and robust value growth in Legacy Markets

  • EBITDA Margins at 32.6%

  • PAT growth by 41%

  • Volume share Increased to ~21% in the 15 Aircheck markets

  • Market Share in Bengaluru & Mumbai at 25% & 13.7% respectively Read more

Hester Biosciences Ltd Q4 and FY18 results

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

Q4FY18 Results: Sales up by 5%, Profitability up by 27%

FY18 Results: Sales up by 8%, Profitability up by 23%

Company recommends a final dividend of INR 6 per share

Finalisation of animal vaccine project in Tanzania

 

14 May 2018

Financial Highlights

    (INR in Crore)

Q4

12 Months

FY 18

FY 17

Growth

FY 18

FY 17

Growth

Net Sales

37.48

35.60

5%

135.25

125.58

8%

Net Profit

9.01

7.07

27%

30.56

24.94

23%

EPS

(in INR)

10.59

8.32

27%

35.92

29.32

23%

 

Q4 Highlights

  1. Hester has reported a Net Sales of INR 37.48 Cr in Q4FY18 as compared to INR 35.60 Cr for the previous corresponding period, thereby registering a growth of 5%.

  2. Net Profit for Q4FY18 is recorded at INR 9.01 Cr as against INR 7.07 Cr for the previous corresponding period, thereby registering a growth of 27%.

  3. Earnings Per Share for the Q4FY18 is at INR 10.59 as against INR 8.32 for Q4FY17. Read more

Godrej Properties Ltd. Q4 FY18 Results

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

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Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the fourth quarter ended March 31, 2018.

 

CORPORATE HIGHLIGHTS:

 

Sales Highlights

 

  • Q4 FY18 witnessed total booking value of INR 1,054 crore and total booking volume of 1.47 million sq. ft. as compared to total booking value of INR 340 crore and total booking volume of 0.59 million sq. ft. in Q4 FY17

  • FY18 witnessed total booking value of INR 5,083 crore and total booking volume of 6.26 million sq. ft. as compared to total booking value of INR 2,020 crore and total booking volume of 3.11 million sq. ft. in Q4 FY17

  • Sales in FY18 higher than in any other financial year Read more

Jindal Stainless Ltd FY18 revenue surge by 30%

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

Jindal Stainless Limited (JSL) consolidated its financial position by successively posting a profit for the sixth straight quarter. JSL recorded a robust revenue growth of 30% in FY18. Increase in stainless steel demand and improved operational performance led to growth in total revenue in FY18 at Rs 10,785 cr as against Rs 8,311 cr in CPLY (corresponding period last year). The total consolidated FY 18 sales volume touched 778,933 MT, recording a growth of 21% as against 641,333 MT in CPLY. JSL reported a strong growth in PAT at Rs 318 cr in FY18 as against Rs 58 cr in CPLY, registering almost six times increase. EBIDTA was up by 16% at Rs 1,281 cr in FY18. The net worth of the company as on March 31, 2018 stood at Rs 2,352 cr. Improved operational efficiency in FY18 led to an increase in total stainless steel melt production which stood at 797,156 MT and was up by 10% as compared to CPLY.

 

Commenting on the outstanding performance of the company, Managing Director, JSL, Abhyuday Jindal, said, “The Company has delivered a strong result in FY18 for the second consecutive year. Our robust performance in FY 17-18 reinforces that JSL has set itself on a strong and sustainable growth journey. We will continue to enhance our offerings in the market with increased production of auto grade stainless steel and also meet the growing demand for railway coaches. Architecture, Building & Construction (ABC) and Automotive, Railway & Transport (ART) segment will also supplement stainless steel consumption.     Despite protectionist measures in some parts of the world, we will continue to maintain our stability in exports. With our industry leadership, our focus will expand to new application development and further improve our market outreach in FY19.” Read more

Krishnapatnam Port records 88% rise in container handling in FY18

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

(L-R) Mr. Anil Yendluri – Director & CEO along with Ms. Vinita Venkatesh - Director, Krishnapatnam Port Container Terminal at the press event

Krishnapatnam Port Company Limited (KPCL), the country’s largest all-weather; deep water port, on the east-coast of India, today announced that it has handled 45 Million Metric Tonne(MMT) of cargo in 2017-18 (FY18) thus, achieving a 25% growth over 36.10 MMT handled in the previous fiscal. Read more