Tag Archive for Q2

Filatex India reports 50% YoY growth in NET PROFIT for Q2FY19 Q2 NET PROFIT Rs. 20.25 Cr vs Rs. 13.52 Cr YoY; up 50% Q2 Revenue Rs. 718 Cr vs Rs. 414 Cr; up 73%

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

Filatex India Limited, a leading manufacturer of synthetic man-made filament yarns, said its Q2FY19 NET PROFIT increased 50% to 20.25 crore rupees as the company opened a new production line. Revenue rose 73% to 718 crore rupees during the July-September quarter. The results are unaudited.

 

Key Financial Highlights:

 

Quarterly Performance:

 

Ø  Net Profit surged to Rs. 20.25 Cr in Q2FY19 from Rs. 13.52 Cr Q2FY18, up by 50% YoY

Ø  Standalone Revenue stood at 718 Cr in Q2FY19 from 414 Cr Q2FY18, up 73% YoY

Ø  EBITDA at Rs. 64.84 Cr in Q2FY19 from Rs. 36.08 Cr Q2FY18, up by 79% YoY

Ø  EBITDA margin rose to 9.03% Q2FY19 from 8.71% in the same period last year

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Music Broadcast Ltd Q2 Results with key highlights 25-T

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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 ended September 30th, 2018.

  • Key Highlights – H1FY19:

Topline Growth of 7%, at Rs. 156 Cr

EBITDA Growth of 13% at Rs. 53 Cr, margin at 33.8% improvement by ~202 bps

PBT Growth of 20% at Rs. 42 Cr, margin at 27.2% improvement by ~309 bps

Rate hike in top 12 markets

Growth in topline equally driven by volume and realisations

Strong liquidity position with Cash & Cash Equivalents incl. Investments at Rs. 230.8 Cr

New Expansion markets grew 3 times faster compared to multiple frequency markets

 

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L&T Technology Services records 41% YoY revenue growth; 56% YoY net profit rise in Q2 FY19

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

L&T Technology Services (BSE:540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the second quarter and half year ended September 30, 2018.

Highlights for Q2FY19 include:

Revenue at ₹12,661 million; growth of 10% QoQ; 41% YoY
USD Revenue at $177.2 million; growth of 5.5% QoQ and 29.5% YoY in constant currency
Net profit at ₹1,910 million; growth of 56% YoY
Interim Dividend of ₹7.5 per share (Record date November 2, 2018)

During the quarter, LTTS won 6 multi-million dollar deals across Industrial Products, Process Industry and Telecom & Hi-tech. On a YoY basis, LTTS has increased its USD30mn+ clients by 1, USD10mn+ clients by 3 and its USD5mn+ clients by 5.

“We had a strong second quarter with a 29.5% YoY rise in revenues that was broad based. All five of our industry segments grew in double digits on a YoY basis, with Industrial Products also turning around this quarter. Our Revenues from digital & leading-edge technologies increased to 33% and grew by 66% YoY.

We are seeing a healthy deal pipeline and good traction in our focus areas such as Edge computing, Smart Manufacturing, IoT, Electric & Autonomous vehicles. Our customers are investing in new technologies to transform their business and stay competitive. We are in turn continuously scaling up our technology offerings, and the acquisition of Graphene is a step towards consolidating our leadership position in the Semiconductor & Product OEM space.

In Q2 we received multiple recognitions from the industry. LTTS was adjudged ‘Best Company of the Year’ at the 14th Indo-American Chamber of Commerce Corporate Excellence Awards, which is the IACC’s highest honour,” said Dr Keshab Panda, CEO & Managing Director, L&T Technology Services Limited.

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LTI Q2 FY19: USD revenue growth up 21.4% YoY; Net Profit jumps 46.7% YoY

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

Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q2 FY19 results.
In US Dollars:
Revenue at USD 328.5 million; growth of 2.7% QoQ and 21.4% YoY
Constant Currency Revenue growth of 3.5% QoQ and 22.9 % YoY

In Indian Rupees:
Revenue at Rs 23,312 million; growth of 8.1% QoQ and 33.1% YoY
Net Income at Rs 4,003 million; growth of 10.9% QoQ and 46.7% YoY

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HDFC Life FY19 Q2 Financial Results

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

The Board of Directors of HDFC Life approved and adopted today its consolidated and standalone audited financial results for the period ended Sep 30, 2018. Below is the summary of our standalone results:

Commenting on the quarter’s solid performance, Ms. Vibha Padalkar, MD & CEO said “We continue to grow faster than the industry whilst sustaining our leadership position on profitability. We have a proven  track record of delivering consistent results across business cycles and the ability to comfortably weather changes at the macro, regulatory and market levels. We shall continue to pursue our strategy of harnessing newer pools of profitability as well as deliver the best value proposition to our partners, customers and shareholders.”

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Bank of India Q2 FY14 Net rises 106%; Net Interest Income grows 15%

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

Bank of India announced a Net Profit of Rs. 622 crore, a growth of 105.96%, for the quarter ended September 30, 2013, as compared to Rs. 302 crore in Q2 FY13. The Operating Profit improves from Rs. 1,854 Crore in September-12 to Rs.2,103 Crore in September-13 (Growth: 13.43%). Net Interest Income improves from Rs. 2,196 Crore in September-12 to Rs.2,527 Crore in September-13 (Growth: 15.07%). Non-Interest Income improves from Rs. 894 Crore in September-12 to Rs.1,100 Crore in September-13 (Growth: 23.04%). Gross NPA Ratio stood at 2.93%; Net NPA Ratio was 1.85%; Provision Coverage Ratio was 63.29% for Q2.

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Steelcast Ltd PAT up 108% at Rs 6 cr in Q2 of FY2013

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

India’s leading steel castings manufacturer, Gujarat-based Steelcast Limited has reported a 107.85% jump in net profit to Rs 6.09 crore for the second quarter (Q2) ended September 30, 2012 as against Rs. 2.93 crore in the previous Q2 of 2011-12. Net sales for current Q2 at Rs. 74.35 crore were higher by 40.23% over previous fiscal’s Q2 turnover of Rs. 53.02 crore.

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