January 18: GST Council On Thursday Trimmed Rates On Around 49 Items, Uttarakhand Finance Minister Prakash Pant Said, After The Council's 24th Meeting Held In Delhi.
January 18: After the GST Council Meeting, Prakash Pant, Uttarakhand Finance Minister said that handicraft items have been put in 0% slab and tax has been reduced on around 49 items.
January 18: Yes Bank Ltd On Thursday Reported A 22% Rise In Its Fiscal-Third Quarter Net Profit At Rs 1076.87 Crore For The Quarter Ended 31 December From Rs 882.63 Crore YoY. BTVI’s Shail Damania Joined Us With Details.
January 18: The GST Council Meeting Is Underway. GST On Real Estate Is Also Being Discussed. BTVI’s Karishma Asoodani Caught Up With Niranjan Hiranandani, Managing Director At Hiranandani Group And Irfan Razack, Managing Director At Prestige Estates To Get Their Perspective On The Same.
January 18: The GST Council Meeting Is Underway. BTVI's Ashutosh Kumar Joined Us To Bring Us The Latest From That Crucial Meet.
January 18: With The Budget Less Than Two Weeks Away, There Are Expectations That The Rural Roads Development Programme Would See A Significant Jump In Allocation And An Ambitious Target Of Completing Rural Connectivity. Sources Tell BTVI That The Centre Will Go Full Throttle In Connecting All Remaining Locations By March 2019 And Provide A Significant Increase In The Allocation For FY19. BTVI’s Chetan Bhutani Reports.
January 18: Mindtree Posted A Strong Set Of Q3 Numbers With Net Profit Rose 37.2% On The Back Of Growth In The Digital And Hospitality Business. We Caught Up With Shobhit Uppal, Dy MD At Ahluwalia Contracts To Discuss The Quarter In Detail.
January 18: Tata Sponge Has Posted Strong Q3 With A Net Profit Of Rs 36 Crore Vs Rs 11 Crore YoY. We Caught Up With Sanjay Pattnaik, MD At Tata Sponge Iron To Decode The Quarter In Detail.
January 18: Sterlite Technologies has Posted A Strong Quarter With Profits Jumping Over 80 Percent. The Company's Order Book Also Looks Robust, Having Grown Over 70 Percent In The Quarter. To Get A Deeper Insight Into Sterlite's Numbers, We Speak To Sterlite CFO Anupam Jindal.
ADANI TRANSMISSION Q3
Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x
Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x
EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x
EBITDA margins at Rs 95% vs 93.5%
PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x
All results are Consol & comparable YoY
DCB BANK Q3 REVIEW
PAT at Rs 57 Cr vs 51 Cr up 11.8%
NII at Rs 250 Cr vs 209 Cr up 19.6%
Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%
Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%
Net Interest Margin at 4.12% vs 3.95% YoY
All results are comparable YoY
TATA SPONGE Q3 REVIEW
Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr
EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr
EBITDA Margin at 27.9% V 12.3%
Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr
Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr
All figures are standalone and comparable YoY
THIRUMALAI CHEMICALS Q3 REVIEW
Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr
EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr
EBITDA Margin at 27.5% vs 16.4%
Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr
All figures are comparable YoY
SREI INFRA Q3 REVIEW
AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%
Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%
Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%
Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%
PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%
All results are comparable YoY