Tag Archive for pat

Music Broadcast Limited (MBL) records 25% PAT growth

Share/Bookmark

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

Music Broadcast Limited (MBL), India’s 1st Private FM Radio Broadcaster, has reported its Financial Results for the Quarter ended June 30th, 2018.

           

  • ·         Key Highlights – Q1FY19:

Rate hike in all core markets

Improving Utilizations in Phase III Markets with a positive contribution to EBITDA

34.4% operating margin delivery testimony of fixed costs and operating leverage playing out

 

  • ·         Key Highlights – Buy Back Details:

In continuation of Group’s philosophy to reward shareholders

Promoters & Key Managerial Personnel will NOT participate in Buy Back

Buy Back Route: Open Market at a price upto Rs. 385

Buy Back to the extent of Rs. 57 crores as against Cash PAT* of Rs. 78 crores

*Cash PAT = PAT + Depreciation & Amortization

 

Commenting on the results Ms. Apurva Purohit, Director said: “I am pleased to inform you that our Company continued its trend of delivering stronger than expected EBITDA Margins with this quarter’s margin being 34%. Our topline showed a growth of 8%, on the back of rate hikes in all 12 core markets and improved utilizations in the Phase III stations in accordance with our strategy formulated for the year.  Our PAT growth which is more than 3 times of the top line growth at 25% reiterates the fixed cost nature of our business as well as validates the strategic choices we made while bidding, i.e. to expand our geographic footprint, rather than deepen it at unviable costs. Read more

Jindal Stainless Limited consolidates its position, posts 2x jump in Q1 PAT

Share/Bookmark

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

1 FY 19 key highlights

                                                                                                                   Standalone (in Rs crore)

Particulars

Q1 FY 18-19

Q1  FY17-18

 Growth

PAT

91

41

119%

Net Revenue

3,147

2,015

56%

EBIDTA

375

251

50%

After registering a robust turnaround in FY18, Jindal Stainless Limited (JSL) achieved a strong revenue and sales growth in Q1FY19, despite being a seasonally low first quarter. The growth stemmed from expansion in stainless steel flat product market, mainly driven by infrastructure spending, railway modernization, and auto segment, among others. At Rs 91 crore, profit after tax for Q1FY19 more than doubled over corresponding period last year (CPLY). A buoyant market for stainless steel led to higher sales volumes growth of 51% over CPLY.

Melt production grew by 45% in Q1FY19, as the company ramped up efforts towards debottlenecking and process balancing to optimise capacity utilization. Net revenue increased to Rs 3,147 crore, a growth of 56% over CPLY. EBIDTA for the quarter surged by 50% over CPLY, reaching Rs 375 crore. In CPLY, finance costs were extraordinarily lower on account of interest refund.

Commenting on the performance of the quarter, Managing Director, JSL, Abhyuday Jindal, said, “Our plant at Jajpur, Odisha, is one of the most modern stainless steel plants in the world with state-of-the-art facilities. The market outlook is conducive to propel volume growth. We have huge operating leverage and target to increase our capacity from 0.8 MTPA to 1.1 MTPA in near future through debottlenecking and process balancing with a minimum cash outlay. The Company has become eligible for exit from Corporate Debt Restructuring Scheme (CDR), basis the superior financial performance for the last two financial years. The consortium of lenders has already recommended CDR exit for Company and the matter is pending for voting in CDR forum.” Read more

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

Share/Bookmark

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

C:\Users\Sony\Desktop\logo (1).jpg

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

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

Share/Bookmark

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

Share/Bookmark

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

TATA Chemicals’ Q3FY17-18 Consolidated PAT at Rs.759 Cr; up by 188%

Share/Bookmark

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

Tata Chemicals Limited (the “Company”) today declared its Consolidated Financial Results for the third quarter ended December 31st, 2017. The Company reported a Consolidated PAT of Rs. 759 Cr as against Rs. 264 Cr for the corresponding period Q3 FY16-17. Income from continuing operations for the quarter ended December 31st, 2017 on consolidated basis at Rs. 2,574 Cr and PAT from Continuing Operations was recorded at Rs. 545 Cr, up by 176%. Read more