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New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about Rs 1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benef ...Read More >
Pune (Maharashtra) [India], August 14: Ventive Hospitality Ltd (BSE: 544321, NSE: VENTIVE) announced its consolidated financial results for Q1 FY 2026, ending June 30, 2025. In Q1 FY 26, the company reported consolidated revenue of Rs. 520 crore, a growth of 181 year on year (yoy). Consolidated EBITDA2 was at Rs. 220 crore, a growth of 13 yoy. Consolidated EBITDA margin was at 42. Profit after tax was Rs. 38 crore. Ventive hospitality business generated revenue of Rs. 387 crore, a growth of 23 ...Read More >
Mumbai, July 11 (SocialNews.XYZ) Gujarat-based manufacturers of industrial gears and material handling equipment Elecon Engineering Company Limited on Friday reported a 38.5 per cent decline in its revenue from operations on quarter-on-quarter (QoQ) basis. The company's revenue from operations stood at Rs 490.57 crore in Q1 FY26, down from Rs 797.57 crore in Q4 FY25, according to its stock exchange filing. Similarly, the company's total income also dropped by nearly 36.66 per cent, falling fro ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat lea ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent mu ...Read More >
Boston, MA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 and 39 weeks ended September 29, 2024 (Q3 2024 and YTD Q3 2024, respectively). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks; fiscal years referred to in this release consist of 52-week periods. Unless otherwise specified, all amounts are reported in U.S. ...Read More >
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