Tag Archive for growth

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

BLS International records a strengthened year, registers exponential growth for FY 2018

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

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BLS International Services Limited (BLS), a specialist provider of Visa, Passport, Attestation, Consular and Citizen Services to the Governments across the world, declared its financial results today for year ending March 31, 2018.

Consolidated Results

 

Annual Results FY18 viz FY17:

  • Total Income stood at Rs. 793.1 crore in FY18, up by 24% from Rs. 637.4 crore in FY17
  • EBITDA of Rs. 162.8 crore in FY18, up by 92% from Rs. 84.8 crore in FY17
  • PAT of Rs. 96.5 crore in FY18, up by 93% from Rs. 50.1 crore in FY17
  • EPS during FY18 stood at Rs. 9.4, as compared to Rs. 4.9 for FY17

For the Quarter ended on March, 2018 (Q4 FY18 viz Q4 FY17):

  • Total Income stood at Rs. 206.1 crore, q-o-q growth of 6.0% viz Q4 FY17
  • EBITDA of Rs. 35.7 crore; q-o-q growth of 3.6% viz Q4 FY17
  • Net Profit stood at Rs 20.0 crore; q-o-q growth of 16.9% viz Q4 FY17
  • EPS for Q4 FY18 stood at Rs 2.0 as compared to Rs. 1.6 in the corresponding period in 2017

 

The company reported Net Profit of Rs. 96.5 crore for FY18, up by 93% as compared to Rs. 50.1 crore in the corresponding quarter of last fiscal. The company’s FY18 PAT margin stood at 12.2% which was 7.9% in FY17.

Total Income for the year ended March 2018 stood at Rs. 793.1 crore, up by 24.4%, as compared to Rs. 637.4 crore in the last year. The company’s earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in FY18 stood at Rs. 162.7 crore and improved by 91.9% from Rs. 84.8 crore in FY17. 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

The All India Gem & Jewellery Domestic Council (GJC) sets the 2025 Growth Vision for India’s gems & jewellery sector at Manthan Gems & Jewellery Conclave 2018 on April 5- 6, 2018

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

Cricketer Saurav Ganguly at GJC's Manthan Gems & Jewellery Conclave 2018

The All India Gem & Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF), announced Manthan Gems & Jewellery Conclave 2018 supported by World Gold Council and powered by GIA on April 5- 6 at Hotel Sahara Star, Mumbai. Manthan Gems & Jewellery Conclave 2018 was inaugurated by BJP leaders Shahnawaz Hussain in the presence of Nitin Khandelwal (Chairman, GJC), Mr. Anantha Padmanaban (Vice Chairman, GJC), Mr. Manoj Kumar Jha (Convenor-Manthan, GJC) and Mr. Shaankar Sen (Jt. Convenor-Manthan, GJC) and BJP leader Girish Vyas. Read more

The All India Gem & Jewellery Domestic Council (GJC) announces Manthan Gems & Jewellery Conclave 2018 on April 5- 6, 2018 Setting the 2025 Growth Vision for India’s gems & jewellery sector

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

Mr Ashok Minawala, Past Chairman, Mr Manoj Kumar Jha, Director and Convener, Manthan, Mr Nitin Kadam, Director and other prominent members of All India Gem and Jewellery Domestic Council today at a press conference announced about the upcoming event “Manthan Gems & Jewellery Conclave 2018”, a two day gems and jewellery extravaganza scheduled on 5th and 6th April 2018 in Mumbai.

The All India Gem & Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF), announced Manthan Gems & Jewellery Conclave 2018 on April 5- 6 at Hotel Sahara Star, Mumbai. Leading and notable luminaries from various walks of life will share their views on varied topics like Leadership is about creating leaders, Creating a lasting brand, Disruptive innovation – impact on a brand, From good to great, The changing dimension of women entrepreneurship, Gen next of jewellery, Ethics and business, The business of luxury, Design through inspiration, The changing dimension of technology, the IPO journey – creating value that lasts. With speakers like Shri Saurav Ganguly (legendary cricketer), Shri Manoj Dwivedi (Jt. Secretary, Ministry of Commerce, Government of India), Industrialist Shri Suresh Narayanan, CMD, Nestle, Shri Vivek Chaand Sehgal, Chairman Motherson Sumi Systems, Shri Devendra Shah, CMD Gowardhan, Shri Shriprakash Shukla from Mahindra & Mahindra group, Sudhanshu Mittal, Director, Nasscom, Asher O., MD, Malabar Besides, Abhishek Lodha, MD, Lodha Group, Gaurav Singh Kushwaha, CEO, Bluestone, Suvanker Sen, ED, Senco Gold, Fara Khan Ali, Designer. Read more

LAVA elevates Sunil Raina as President and Business Head; To lead business functions towards company’s accelerated growth

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

LAVA International Limited today announced the elevation of  Sunil Raina as President & Business Head as it gears up for accelerated growth.

Sunil Raina will now take up the business leadership role at LAVA International, with all the business functions viz., Sales & Distribution, Product, Customer Service, Marketing Communication and Sales Automation reporting to him; including Business HR reporting dotted line to him as well.  Sunil Raina has been elevated as President and Business Head from his current position as Chief Marketing Officer, to lead company’s focused growth strategy.  Read more

Growth of India’s apparel exports contingent upon overcoming internal and external headwinds: ICRA

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

The pace of growth in India’s apparel exports is likely to remain contingent upon the industry’s ability to overcome the internal as well as external headwinds that the industry is presently facing. According to a recent ICRA report, while transition to the new taxation and export incentive regime has posed liquidity challenges for the industry, intense competitive pressures in the global market, particularly in light of impending trade agreements and foreign currency movements pose additional challenges. In addition, uncertainty on the apparel exports to the UAE looms, in light of inexplicable trends witnessed in the recent months.

Says Mr. Jayanta Roy, Senior Vice-President and Group Head, ICRA, “The accommodative stance taken by the government by way of upward revision in export incentives in November 2017, has addressed one of the issues that the segment is facing. However, sustainability of growth remains contingent on how the scenario on the other fronts pans out.”

As per ICRA, post upward revision in export incentives, India has reported a 6-20% Y-o-Y growth in apparel exports to key nations such as the US, the UK, Germany, France and Spain during the period Nov-Dec 2017. However, despite this, the overall apparel exports are down by 1% Y-o-Y in 10M FY2018. The decline has been primarily driven by the sharp decline in exports to the UAE market. UAE had emerged as one of the prominent apparel export destinations for India, with its share increasing to ~23% in FY2017 from ~12% in FY2014. Particularly for the ten-month period ending June 2017, India’s apparel exports to UAE had grown at a sharp pace (56% Y-o-Y). Thereafter, apparel exports to the UAE have fallen at an equally fast pace, by as much as 45% since June 2017. Excluding the trade with the UAE, India’s apparel exports are estimated to have stood 3-4% higher in 10M FY2018. Read more

Video Lighting up Data and Smartphones, Says Hotstar; Big Growth in Users and Engagement

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

Releasing the first India Watch Report 2018, Hotstar, India’s leading premium streaming platform, today shared insights on the dramatic transformation sweeping the Internet landscape in India. In a first of its kind report for any streaming platform in the world, the service has disclosed usage patterns on its platform.

The big news? Nearly 5 times growth in video consumption in the last 12 months, with 96 percent of all usage being focused on long form video. This marks an inflexion point in India where the early years of online video were characterized by short form consumption from users deeply fearful of data charges. The last 12 months have also seen access to data and consumption of video go deeper into inner India. The report shared that growth in smaller cities, less than 10 lakh in population, outstripped that in the large metros. And, while the gender gap in access to data persists, affordability is opening up new opportunities for women, with women in smaller cities coming online faster than in the metros. Read more

Covestro continues its profitable growth path with a record year

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

Group sales grew 18.8% to EUR 14.1 billion / EBITDA increased 70.6% to EUR 3.4 billion / Net income more than doubled to EUR 2.0 billion / Record in free operating cash flow – EUR 5.0 billion now until 2019 / Dividend proposal: EUR 2.20 per share / Positive forecast for 2018

Materials manufacturer Covestro had an outstanding fiscal year 2017. Driven by a high demand for high-performance plastics and significantly higher margins, Covestro increased Group sales by 18.8% to EUR 14.1 billion over the past fiscal year. This was accompanied by an increase in EBITDA at Group level for the year as a whole of 70.6% to EUR 3.4 billion over the prior-year period. Net income more than doubled from EUR 795 million to EUR 2.0 billion. As a result of these excellent results, Covestro intends to pay its shareholders a dividend of EUR 2.20 per share (previous year: EUR 1.35). Read more

Fashion footwear on ShopClues clocks 250% growth in Q3

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

 ShopClues – India’s first and largest managed marketplace that has a strong presence in rural India, has recorded a growth of 250% in footwear as per its sales data for the fiscal quarter ended Dec 2017. Tier 3 and Tier 4 markets continue to contribute 75% of all footwear sales, with over 70% order share in the Rs.199-Rs.499 price point.

At present, the footwear category at ShopClues offers its buyers more than 3 lakh pairs of shoes with prices ranging from Rs 299 to 1499. Some of the regional brands that are doing big on ShopClues are Lancer, Red Chief, Sparx, Asian, Catwalk and Lavie, giving the merchants good business growth.

ShopClues has followed a mixed merchandise strategy which includes both exclusive and branded labels, including an ‘exclusive range’ from Lotto and Lancer, as well as discounted ranges from brands like Reebok and Puma. These products add to its existing portfolio of exclusive labels such as Baton for men and MEIA footwear for women that were promoted regionally with customized promotions and which contributed significantly to its sales.  Read more