Reliance has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's said
Weak pricing, higher cost of production to hurt EBITDA/tonne of large players
Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months
India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21
Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases pent-up demand and helps to normalise economic conditions
From Centre releasing rants for states amid Covid, India-China agreeing on a 5-point plan to Moody's saying India Inc's EBITDA to shrink, Business Standard brings you top news of the evening
EBITDA stands for earnings before interest, tax, depreciation, and amortisation
Earnings before interest, tax, depreciation, and amortisation was at Rs 86 crore - a hit of 41 per cent
ArcelorMittal, which holds 60% in AMNS India, said Covid-19 had severely disrupted domestic demand particularly in April
Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power
Revenue down by 43% and PBT 70%; scepticism is around sustenance of volume recovery
The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.
In a report it said that after having paid Rs 6,900 crore of AGR dues, estimate is that Vodafone Idea would have Rs 6,000 crore of cash balance as of March 2020
But look at quality of management, and another one unique to this crisis is finding businesses which will emerge stronger
Q4 was weak with 8.8% fall in top line and 45.5% decline in pre-tax profit
Net profit margin at 4.6% in the March quarter was in line with the number reported a year ago (4%)
His company will cut 10 per cent from hydrocarbons segment employees who earn above Rs 15 lakh per annum.
Its revenues for FY20 grew by 24.8 per cent on a yearly basis to Rs 62,936 crore. Ebitda for FY20 grew by 56 per cent y-o-y to Rs 9,654 crore.
Despite the lockdown impacting volumes, lower costs drove earnings and beat expectations
Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors