Tag Archive for Results

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

 

 

Read more

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

KPIT Fourth Quarter Results FY 2018

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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 and Product Engineering solutions and services to Automotive, Manufacturing, Energy and Utilities companies, today reported its consolidated financial results for the fourth quarter and fiscal year ended March 31, 2018.

 

Highlights for the quarter ended March 31, 2018

  • Q4 FY18 PAT at ₹760 Million, a Q-o-Q growth of 23.2%, Y-o-Y growth of 41.6%
  • Q4 FY18 reported EBITDA at 11.4%, Operational EBITDA without transaction expenses at 12.7%
  • Q4 FY18 ₹ Revenue up by 6% Q-o-Q and 12.6% Y-o-Y
  • Net Cash Balance as at March 31, 2018 stood at ₹3.18 Billion (₹0.77 Billion as at March 31, 2017)
  • FY19 Growth Outlook of 8% – 10% in USD Revenue

 

Management comments

 

Commenting on the performance of Q4 FY18, Ravi Pandit, Co-founder, Chairman & Group CEO, KPIT said, “We are encouraged by the revenue growth during the quarter, led by engineering and certain segments of Business IT viz. Digital and ePLM. We will continue to invest in future technologies relevant for our customers. We are progressing well on the Merger-Demerger transaction, with all regulatory filings on track.” Read more

Key Highlights of Voltas’ Consolidated Financial Results

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

 

FY 2017-18

FY 2016-17

%

Rs. Crores

Rs. Crores

change

Profit after tax

578

520

11%

Profit before tax

805

720

12%

Total Income

6602

6307

5%

 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 and year ended March 31, 2018. The Company has adopted Indian Accounting Standards (“Ind-AS”) from 1st April, 2016 and the accounts have been accordingly prepared.

 

Consolidated Results for the year ended March 31, 2018:

The Consolidated Total Income for the year ended March 31, 2018 was higher by 5%, at Rs. 6602 crores as compared to Rs. 6307 crores last year, owing to improved efficiencies across businesses. Profit before tax was higher by 12%, at Rs. 805 crores as compared to Rs. 720 crores not withstanding lower other income of Rs. 174 crores in the current year as compared to Rs. 212 crores last year. Profit after tax was also higher by 11%, at Rs. 578 crores as compared to Rs. 520 crores last year. Earnings per Share (Face Value per share of Re. 1) as at March 31, 2018 improved to Rs. 17.30 as compared to Rs. 15.64 last year. Total Comprehensive Income, including notional mark to market revaluation gains / losses on equity investments, foreign currency translations, etc. for the year was higher at Rs. 741 crores as compared to Rs. 601 crores last year. 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

HINDUJA VENTURES LIMITED (‘HVL’) AUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2018

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

Description: Description: cid:image002.jpg@01CC882C.D63D4560

Standalone total income for the year end Rs. 242.60 Crores

PAT Rs. 125.65 Crores

 

Recommendation of Dividend at 175% for the financial year 2017-2018

 

The Board of HVL at its meeting held today approved audited standalone and consolidated financial results for the year ended March 31, 2018.

 

HVL Standalone Results: -

 

  • The net profit after tax stood at Rs.125.65 Crores for the financial year ended March 31, 2018 as against Rs. 102.90 Crores for the financial year ended March 31, 2017.

 

  • HVL on standalone basis reported a total income of Rs.242.60 Crores for the financial year ended March 31, 2018 as against Rs. 203.39 Crores for the financial year ended March 31, 2017.

 

Consolidated Financial Results: -

 

  • Consolidated total income for the financial year ended March 31, 2018 is Rs. 868.97 Crores as against to Rs. 826.00 Crores for financial year ended March 31, 2017.

 

  • Consolidated net loss after tax and minority interest for the financial year ended March 31, 2018 stood at Rs 255.54 Crores as against loss of Rs. 56.61 Crores for the financial year ended March 31, 2017. Read more