India Inc's top leaders, ace economists & macro-economic experts speak on the day's big trends & developments.
July 26: Hero Moto has tightened its purse strings. Strong cost control helped the country's largest two-wheeler maker post an eight percent profit growth in the first quarter of FY18. With just 6 percent growth in volumes, Hero posted the highest quarterly sales ever. Will this momentum persist? Ashwin Patil from LKP Securities joined us with his analysis.
July 26: Lakshmi Vilas Bank posted a disappointing quarterly report card. While the profit grew 9 percent, it was largely due to the treasury gains, which more than trebled between April and June 2017. The sharp spike in bad loans, will they improve or worsen from here on? To decode the quarter in detail, Pronoy Nath Banerji of BTVi spoke to NS Venkatesh, Executive Director at Lakshmi Vilas Bank.
July 26: Vedanta's stock is up over 3 percent in trade on Wednesday after zinc added zing to the company's quarterly earnings. Will this momentum sustain for the commodities major? Vedanta’s CEO Tom Albanese shared his thoughts on the same.
July 26: The US Federal Reserve's two-day meeting is underway and later on Wednesday, the Chairperson Janet Yellen is expected to keep interest rates unchanged. What are the options in front of Janet Yellen? Pronoy Nath Banerji of BTVi discusses this in detail with Hans Goetti, Independent Investment Consultant.
July 25: “May see sharp correction in mid & small caps if market is to correct,” says Nilesh Shah, Managing Director and CEO at Envision Capital in chat with BTVi’s Samina Nalwala on Nifty touching 10,000 mark.
July 25: IndiaBulls Housing Finance saw a jump of 23 per cent in profits for the June quarter. However, the provisions saw a spike of over 50 per cent at 191 crore rupees. To discuss the quarter is further detail, Pronoy Nath Banerji of BTVi caught up with Ashwini Kumar Hooda, Deputy Managing Director at IndiaBulls Housing Finance.
July 25: “Expect Nifty to scale another 7-8 per cent in next 6 months on back of better earnings,” says Rakesh Arora, Managing Partner at GoIndia Advisors in a chat with BTVi’s Pronoy Nath Banerji on Nifty scaling 10,000 mark.
July 24: It has been a subdued show from Persistent Systems with pressure seen on margins. To help us get a fineprint of the earnings for Q1FY18, Pronoy Nath Banerji of BTVi spoke to Mritunjay Singh, President, Services and Executive Director at Persistent Systems.
July 24: IIFL has posted a stable set of numbers for the June quarter with profits jumping over 50 per cent. What have been the highlights of the quarter gone by and how does FY18 look going forward? To discuss this in detail, Pronoy Nath Banerji of BTVi spoke to Prabodh Agrawal, Group CFO at IIFL.
July 24: Telecom incumbents see a risk of losing a chunk their 2G customers with Jio launching a low priced 4G smart phone. Arrival of the Jio phone seems to be the long awaited change in the telecom industry. Pronoy Nath Banerji and Piyush Jain of BTVi discusses this further with Sanjay Kapoor, Former CEO for India and South Asia at Bharti Airtel.
ION EXCHANGE: Q1FY18 REVIEW
Net Profit at Rs 7.3 Cr Vs Rs 8.1 Cr
Total Income at Rs 214 Cr Vs Rs 207 Cr
EBITDA at Rs 17.5 Cr Vs Rs 17.7 Cr
EBITDA Margin at 8.2% Vs 8.6%
EVEREST Q1 FY18 REVIEW
Net Sales up 0.4% at Rs 378 Cr Vs Rs 376.6 Cr
EBITDA up 29% at Rs 32.1 Cr Vs Rs 24.9 Cr
EBITDA Margin at 8.5% Vs 6.6%
Net Profit up 33% at Rs 22 Cr Vs Rs 17 Cr
SIYARAM SILK MILLS Q1 FY18 REVIEW
Net Sales up 13% at Rs 320.6 Cr Vs Rs 282.7 Cr
EBITDA up 11% at Rs 33.1Cr Vs Rs 29.9 Cr
EBITDA Margin at 10.3% Vs 10.6%
Net Profit up 26% at Rs 10.4 Cr Vs Rs 8.2 Cr
NESTLE Q1 FY18 REVIEW
Net Sales up 7% at Rs 2469 Cr Vs Rs 2301 Cr
EBITDA down 3% at Rs 466.6 Cr Vs Rs 482.6 Cr
EBITDA Margin at 18.8% Vs 20.8%
Net Profit up 10% at Rs 263.4 Cr Vs Rs 240.2 Cr
Other Income up 12% at Rs 412.3 Cr Vs Rs 367.5 Cr
MPHASIS: Q1FY18 REVIEW
Net Sales up 2% at Rs 1535 Cr Vs Rs 1505 Cr
EBITDA down 3.4% at Rs 276 Cr Vs Rs 286 Cr
EBITDA Margin down 100 bps at 17.4% Vs 18.4%
Net Profit up 1.6% at Rs 187 Cr Vs Rs. 184 Cr
RADICO KHAITAN: Q1FY18 REVIEW
Net Sales up 13.7% at Rs 1375 Cr Vs Rs 1209 Cr
EBITDA up 28% at Rs 67 Cr Vs Rs 52 Cr
EBITDA Margin up 60bps at 4.8% Vs 4.2%
Net Profit up 56% at Rs. 25 Cr Vs Rs. 16 Cr
HCL INFOSYSTEMS : Q1FY18 REVIEW
Net Sales down 16% at Rs 685 Cr Vs Rs 823 Cr
EBITDA Loss at Rs 11 Cr Vs Loss Of Rs 12 Cr
AGRO TECH FOODS : Q1FY18 REVIEW
Net Sales down 2.6% at Rs 187 Cr Vs Rs 192 Cr
EBITDA stable at Rs 14 Cr Vs Rs 14 Cr
EBITDA Margin up 20 bps at 7.4% Vs 7.2%
Net Profit up 12% at Rs. 6.5 Cr Vs Rs. 5.8 Cr
Net Sales down 3.7% at Rs 787.2 Cr Vs Rs 817.4 Cr
EBITDA down 73% at Rs 21.17 Cr Vs Rs 78.95 Cr
EBITDA Margin at 2.6% Vs 9.6%
PAT down 77% at Rs 10.3 Cr Vs Rs 45.6 Cr
ADLABS ENTERTAINMENT Q1 FY18 REVIEW
Net Sales up 0.7% at Rs 86.78 Cr Vs Rs 86.18 Cr
EBITDA up 6.5% at Rs 32.4 Cr Vs Rs 30.4 Cr
EBITDA Margin at 37.4% Vs 35.3%
Loss at Rs 22.51 Cr Vs loss of Rs 19.22 Cr
L&T FINANCE Q1 FY18 REVIEW
Net Sales up 16% at Rs 2365 Cr Vs Rs 2030 Cr
EBITDA up 8% at Rs 1591Cr Vs Rs 1473 Cr
EBITDA Margin at 67% Vs 72%
Net Profit up 49% at Rs 309 Cr Vs Rs 207 Cr
Van Dyck sells 3.9% Equity/Sh
Warhol sells 9.6% Equity/Sh
Ashish Kacholia brings 1.5% Equity/Sh
Bengal Finance & Investment brings 2.5% Equity/Sh
BNP Paribas Arbitrage brings 0.8% Equity/Sh
IDFC MF brings 0.6% Equity/Sh
Rajasthan Global Sec brings 1.1% Equity/Sh
Chrys Capital sells entire stake in KPIT Technologies
Chrys Capital sold entire 13.8% stake in company on account of fund closure
SHREE RENUKA SUGARS
Shree Renuka Sugars to consider fund raising
Microsoft collaborates with Sonata Software
Axis Bank to announce strategic initiatives
Snapdeal board clears the decks for sale of FreeCharge to Axis Bank
The proposed deal will value FreeCharge at Rs 385 Cr -Rs 390 Cr