Tag Archive for Results

Varroc Engineering Ltd , announced its results for the second quarter ended September 30, 2018 (Q2 FY19)

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

Varroc Engineering Ltd. (Varroc), a global tier-I auto component group, today announced its results for the second quarter and half year ended September 30, 2018 (Q2 & H1 FY19).

Summary Consolidated Financials

      (Rs million)

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UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2018.

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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 half year ended September 30, 2018.

HVL Standalone Results:-

HVL on standalone basis reported a total income of Rs. 26.72 Crores for the half year ended September 30, 2018.

Pursuant to adoption of IND AS, the mark to market gains in respect of equity shares held by the Company in IndusInd Bank Limited were reflected in the Balance Sheet as on March 31, 2018. The price at which the mark to market adjustment was carried out in the Balance Sheet on March 31, 2018 was Rs. 1796.75 per share. The corresponding market price as on September 30, 2018 was Rs. 1690.05 per share. This reduction in value in respect of shares held as “Stock in trade” is reflected in the Profit & Loss Account for the current period and in respect of shares held as “Investments” is reflected in “Other Comprehensive Income” in the reserves of the Balance Sheet for the current period.

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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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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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Key Highlights of Voltas’ Consolidated Financial Results

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

 

Q1  FY 2018-19

Q1 FY 2017-18

%

Rs. Crores

Rs. Crores

change

Gross Sales / Income from Operations

2134

1962

9%

Profit before tax

263

261

1%

Profit after tax

187

188

-

The Board of Directors of Voltas Limited, the global air conditioning and engineering services provider of the Tata Group, today announced the Consolidated Financial Results (including the Consolidated Segment Report) for the quarter ended 30th June, 2018.

 

Consolidated Results for the quarter ended 30th June, 2018:

The Consolidated Gross Sales / Income from Operations for the quarter ended 30th June, 2018 was higher by 9%, at Rs. 2134 crores as compared to Rs. 1962 crores in the corresponding quarter last year. Profit before tax was higher by 1%, at Rs. 263 crores as compared to Rs. 261 crores last year, not withstanding lower Other Income of Rs. 28 crores in the current quarter as compared to Rs. 59 crores in the corresponding quarter last year. Profit after tax was stable at Rs. 187 crores as compared to Rs. 188 crores last year. Tax expense for the current quarter ended 30th June, 2018 is determined based on tax rate that apply to different categories of income as compared to average annual effective rate in the corresponding quarter last year . Earnings per Share (Face Value per share of Re. 1) (not annualized) as at June 30, 2018 was at Rs. 5.56 as compared to Rs. 5.61 last year. Total Comprehensive Income, including notional mark to market revaluation gains / losses on equity investments, foreign currency translations, etc. for the quarter stands at Rs. 242 crores as compared to Rs. 234 crores in the corresponding quarter last year. Read more

HINDUJA VENTURES LIMITED (‘HVL’) UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2018

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

The Board of HVL at its meeting held today approved the un-audited standalone financial results for the quarter ended June 30, 2018.

 

The Indian Accounting Standards (IND AS) as prescribed by Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder became applicable to HVL from April 01, 2018. Accordingly, HVL’s results for the Quarter ending June 30, 2018 have been prepared under IND AS and the previous year’s comparative numbers have been re-stated under IND AS.

 

HVL Standalone Results for the quarter ended June 30, 2018 under IND AS:-

 

HVL on a standalone basis reported a total income of Rs. 78.12 Crores for the quarter ended June 30, 2018 as against Rs. 36.88 Crores for the quarter ended June 30, 2017.

 

The net profit after tax for quarter ended June 30, 2018 stood at Rs. 36.11 Crores as against Rs. 10.75 Crores during quarter ended June 30, 2017.

 

REVISED AUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2018

 

Revised Standalone total income for the year ended March 31, 2018 Rs. 225.10 Crores and PAT Rs. 104.11 Crores

Revised Consolidated total income for the year ended March 31, 2018 Rs. 868.97 Crores and Loss after tax and minority interest Rs. (244.51) Crores

 

The Board of HVL at its meeting held today also approved the revised audited standalone and consolidated financial results of the Company for the year ended March 31, 2018 after giving effect to the Scheme of Amalgamation of Grant Investrade Limited, a wholly owned subsidiary of the Company (“Transferor Company”) and the Company, namely, Hinduja Ventures Limited (“Transferee Company”) w.e.f. October 01, 2017 being the Appointed Date. The Scheme of Amalgamation of Grant Investrade Limited into the Company was sanctioned by the Hon’ble National Company Law Tribunal on May 10, 2018 and the Scheme became effective w.e.f July 02, 2018. Read more

OnMobile Reports First Quarter Fiscal 2019 Results

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

Revenue grew by 1.7% Q-o-Q in Q1 FY19

 

•       Bangalore, India – 27th July, 2018: OnMobile Global Limited (“OnMobile”) today announced the results for First Quarter FY2019 ended June 30, 2019.Revenue is up by 1.7% q-o-q after 2 consecutive quarters of decline. EBITDA margin at 7% in Q1 FY19; Operating profit for Q1FY19 is Rs.8 Mn which is 0.6% improvement over the last quarter.

 

Q1 FY2019 Business highlights:

 

International business (81% of total revenue)

 

Overall international business at 81% of the total revenue.

  • o      Europe:
  • §  Europe recorded a revenue growth of 6.6% q-o-q and 10.6% y-o-y.
  • §  Movistar games service launched in April with Movistar Spain under the name and brand “Movistar Juegos”
  • §  All You Can Eat (AYCE) service with no in-app purchases & no ads
  • §  Curated Games (games rated above +4 and with more than 1M downloads)
  • §  Parental Control and Family Plan
    • o     Latin America:
    • §  Revenues down by 10.6% q-o-q and down by 32.1% y-o-y.
    • §  Our portfolio powers various gaming formats like downloads, HTML5 games, pay per downloads, freemium & premium games
    • §  Launched a quick web based games store builder
      • o     Asia:
      • §  Revenuegrew by 1.8% q-o-q and down by 32.7% y-o-y.
        • o     Africa & Middle East:
        • §  Revenue up by 8.7% q-o-q and 24.1% y-o-y. Read more

KPIT First Quarter Results FY 2019

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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 first quarter ended June 30, 2018.

 

Highlights for the quarter ended June 30, 2018

  • Rs. Revenues grow 4.9% Q-o-Q and 16.5% Y-o-Y, cross the Rs. 1,000 Crore quarterly revenue milestone
  • Net Profit for the quarter registers a Y-o-Y growth of 39.6%
  • Reported EBITDA for the quarter at 12.1%, a Y-o-Y growth of 54.5%
  • Net Cash position continues to improve, Net Cash at Rs. 3.5 Bn. as at the end of the quarter

Management comments

Commenting on the performance of Q1 FY19, Kishor Patil, Co-founder, CEO & MD, KPIT said, “We continue to focus on improving profitability and growth. We improved our operational margins by 50 bps during the quarter. We are on track with respect to the milestones on the proposed merger and then demerger of IT and Automotive Engineering businesses. We truly believe this will continue to be a significant value creator for all stakeholders as it has been in the last one year.” Read more

Results of 9th Equestrian Premier League (June 2018)

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

Jibran Khan astride Claudette - Winner of 120 CMS SJ

SATURDAY & SUNDAY,23rd & 24th JUNE 2018 FINAL RESULTS

CLASS SJ6         130CM  SHOW JUMPING   (OPEN)

PLACE

RIDER

HORSE

CLUB

1ST

Nittin Gupta

Caprice

URB

2ND

Yash Nensee

Zala

URB

 

 

 

 

 

CLASS SJ5           120 CM  SHOW JUMPING  (OPEN)

PLACE

RIDER

HORSE

CLUB

1ST

JIBRAN KHAN

CLAUDETTE

EIRS

JOINT 2ND

ROHIT MEHTA

EARLY

URB

PRANAY KHARE

DEMOCRATIC

URB

ANVAY SHAH

CONQUEST

URB

 

 

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MTV’s Date to Remember gets complicated as the results near

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

AQIB

MTV’s popular show ‘Date to Remember’ is nearing the end of the season and is witnessing complications and is getting intense. There are fights, new love stories, and grouping of the contestants. It all started with the nail-biting suspense of elimination in the last episode, this week we will only see it going a step further. Read more