Tag Archive for Results

UFO Moviez Reports Q3&9MFY19 Results

Share/Bookmark

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

UFO Moviez India Limited, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarter and nine months ended December 31, 2018.

Financial Highlights:

Quarter ended December 31, 2018

Consolidated revenues increased by 10.3% to ₹1,547 (Q3FY18 – ₹1,402) million. EBITDA increased by 10.7% to ₹406 (Q3FY18 – ₹367) million. PBT increased by 28.5% to ₹230 (Q3FY18 – ₹179) million and PAT increased by 21.9% to ₹146 (Q3FY18 – ₹120) million.

Advertisement revenue grew 26.6% to ₹626 (Q3FY18 – ₹494) million. Average advertisement minutes sold per show per screen grew to 5.81 (Q3FY18 – 4.54) minutes.

Read more

L&T Financial Services (LTFS) has released a white paper basis the learnings of the Digital Sakhi (DS) programme and the results from the assessment survey, conducted post one year of implementation.

Share/Bookmark

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

L&T Financial Services (LTFS) today released a white paper basis the learnings of the Digital Sakhi (DS) programme and the results from the assessment survey, conducted post one year of implementation. The paper titled “Finclusion – Empowering Women through Digital Financial Inclusion” identifies the issues and barriers, especially for rural women, in adopting digital finance and offers tangible solutions to facilitate more women into the world of digital finance. Digital financial literacy of women, according to the paper, not only benefits the women but also, their families, their communities, and the ecosystem at large.

Read more

Aavas Financiers Ltd Financial Results, PAT Growth of 66% YoY, AUM Growth of 49% YoY

Share/Bookmark

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

Aavas Financiers Limited has declared Un-audited Financial Results for the quarter and nine-months ended 31st December 2018.

Key Performance Metrics for 9MFY19:

Particulars (Rs. Mn)

9M FY19

9M FY18

Y-o-Y

AUM

52,834

35,477

49%

Disbursements

17,994

13,090

37%

PAT

1,218

732

66%

GNPA (%)

0.58%

0.82%

Improved by 24 bps

ROA (%)

3.58%

3.22%

Maintained above 3%

Incremental Loan Accounts (No.)

21,923

15,697

40%

NIMs (Incl. Fee & Other Income)

9.39%

8.86%

Improved by 53 bps

 

Performance Highlights:

  • ·         AUM as on 31st December 2018 is Rs. 52,834 Mn of which
    • o   Home Loans contributed 75% with ATS of Rs. 0.88 Mn
    • o   Other Mortgage Loans contributed 25% with ATS of Rs. 0.77 Mn
  • ·         71 new branches opened in last 12 months. The total number of branches stands at 210 as on 31st December 2018
  • ·         Gross NPAs is 0.58% improved by 24 bps and Net NPAs is 0.49% improved by 21 bps of the Outstanding Loan Book
  • ·         The Company has diversified borrowings. 87% of our borrowings are from Term Loans, Assignment, NHB Refinancing and Cash Credit. Only 13% of our borrowings are from debt capital market with no borrowings by way of Commercial Papers
  • ·         The Company continues to maintain positive ALM across tenors & has strong liquidity of ~ Rs. 17,400 Mn as on 31st December 2018

Read more

Bank of India Announces December 2018 (Q3 – Fy 2018-19) Financial Results

Share/Bookmark

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

Shri Dinabandhu Mohapatra, (Managing Director and Chief Executive Officer, Bank of India) at the announcement of the Banks Q3 FY19 Financial Results

 

BUSINESS:

  • ·         Global Business of the Bank stood at Rs. 8,87,931crore as on December 31, 2018 against Rs.9,05,541 crore as on December 31, 2017. Global Business contracted mainly because of decline in buyers credit in overseas business.
  • ·         Domestic Business stood at Rs. 725,264 crore as on December 31, 2018 against Rs. 6,94,636 crore in December, 2017, signifying Y-o-Y increase of 4.41%. The overseas business stood at Rs. 1,62,667 crore on December, 2018 vis a vis Rs. 2,10,905 crore as on 31st December, 2017.
    • ·         CASA Deposits (Domestic) grew by 5.66% YoY and its share in Domestic deposits improved from 40.36% in December 2017 to 42.65% in December 2018.
    • ·         The domestic Advances increased by 11.10 % i.e. from Rs. 2,80,670 crore in December, 2017 to Rs. 3,11,815 crore in December, 2018. The Gross Advances (Global) stood at Rs. 3,72,803 crore as on December 31, 2018 against Rs. 3,79,538 crore as on December 31, 2017.
    • ·         The RAM Advances (Retail, Agriculture and MSME) increased from Rs. 1,45,977 crore as on December 31, 2017 to Rs.1,56,442 crore as on December 31, 2018, with 7.71% YoY growth  and its share in Advances stood at 50.17% in December 2018.
    • ·         The Retail Credit grew from Rs. 45,317 crore in December,2017 to Rs.53,524 crore in December,2018, i.e. with an increase of 18.11%.
      • ·         Priority Sector advances stood at Rs.1,23,940 crore which constitutes 41.28 % of ANBC. Agriculture advances were Rs. 52,546 crore forming 17.50 % of ANBC.
      • ·         The total Risk Weighted Assets (RWAs) reduced from Rs.3,40,467 crore in December,2017 to Rs.2,97,023 crore in December,2018, i.e. reduction of  Rs.43,444 crore or 12.8%

Read more

The IDA’s record results for 2018 underline how strongly Ireland continues to perform when it comes to attracting FDI

Share/Bookmark

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

Minister for Business, Enterprise and Innovation, Heather Humphreys, and IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment (FDI) to Ireland, has today announced that employment levels in its client companies have reached 229,057. FDI’s performance has exceeded targets set by Government contained in IDA Ireland’s Strategy – Winning: Foreign Direct Investment 2015-2019.

For context, IDA clients added two and a half times more jobs under “Winning” FDI strategy than in the first 4 years of IDA’s previous strategy 2010 – 2014. 58% of employment is now outside of Dublin in 2018, which is the highest number of people employed by IDA clients outside of Dublin in the history of the organisation, with more jobs added in the regions than at any time over the past 17 years.

Read more

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

Share/Bookmark

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)

Read more

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

Share/Bookmark

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.

Read more

Music Broadcast Ltd Q2 Results with key highlights 25-T

Share/Bookmark

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

 

Read more

HDFC Life FY19 Q2 Financial Results

Share/Bookmark

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.”

Read more

Key Highlights of Voltas’ Consolidated Financial Results

Share/Bookmark

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