Amritha Pillay
Amritha Pillay
Profit before interest, depreciation, and tax (PBIDT) for the company was flat at Rs 3,723 crore on a year-on-year (Y-o-Y) basis
The company's quarterly profit, however, missed Street estimates. In a Bloomberg poll, analysts had estimated an adjusted net income of Rs 3,771 crore and revenue of Rs 64,742 crore
Higher volume, one-time tax-related reversals and receipt of certain governemnt incentives aided profitability
The company expects to end FY25 with a capital expenditure of Rs 1,500-1,600 crore, said Sandeep Modi, chief financial officer of the company
Sajjan Jindal group to join sector where Adani, Aditya Birla Group rival each other
"Reports that Adani's 484 megawatt (MW) wind power projects in Mannar and Pooneryn have been cancelled are false and misleading," Adani Group spokesperson said
India's largest cement maker beats analyst estimates despite a 17.3% Y-o-Y fall in net
Segment-wise, AESL said the under-construction transmission pipeline increased to Rs 54,761 crore in Q3FY25 from Rs 17,000 crore earlier
Management expects crude oil prices to settle at $70-75
Lower sales volumes, weak realisations impact earnings
Earlier this month, CERC rejected the tariff discovered in the first-ever grid-scale BESS project awarded to JSW Energy by the Solar Energy Corporation of India (SECI)
Fuel discounts, ditching low-margin products underway, says company
In a Bloomberg poll, 11 analysts estimated a consolidated revenue of Rs 2.33 trillion and nine foresaw a net income adjusted of Rs 18,326 crore for RIL in Q3FY25
Company's Ebitda may remain flat or decline marginally, say analysts
Data on brokerage estimated new order wins for top-7 capital goods and engineering firms (excluding Hindustan Aeronautics) combined was upwards of Rs 1 trillion
RIL, L&T, and JSW likely to either commercialise their clean energy businesses or commission new ones in the near term
Pricing weakness to chip away at earnings: Single-digit demand growth, realisations to dip
Acquisition to increase the fifth-largest cement maker's capacity by 20 per cent
Benign raw material costs, execution of healthy order book to aid growth, say analysts
Experts say stringent terms could make industry apprehensive