Company to pay out $3 bn in share buyback, also promises $1.45-bn special dividend; adjusted EBITDA more than doubles to $18.92 bn
In an interview, Arun Chandravarkar explains why a company must continue investing in R&D despite the impact on short-term Ebitda
The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery
The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility
Domestic revenue dips 8.4% as Covid-19 share of branded prescription business normalises; North American business up 10% to $155 million
Gross sales up 10.1% YoY to Rs 10,644 cr; EBITDA at Rs 2,884.4 cr, with a margin of 26.8%
Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.
Reports steel shipments of 1.51 MT in quarter, compared with 1.72 MT a year ago and 1.73 MT in previous quarter
'The UK business has come a long way. Today, it is Ebitda positive and cash positive'
But sequentially, it declines 53% amid inflationary pressure & Rs depreciation
Tech Mahindra Q1FY23 results: In the last quarter the company recorded a net profit of Rs 1,038 crore. In Q3FY22, it stood at Rs 1,329 crore
Even as the trend is seen continuing in Q2 before reversing in the second half, analysts are positive on the company
Jio gained 9.7 million mobile subscribers in the June quarter, after witnessing a decline for three consecutive quarters
Margins were better managed despite a higher attrition of 23.2% in Q1, up from 20.4% in Q4FY22
After Zomato's promising start, global tech meltdown halts listing gravy train
HCL Tech had a total contract value (TCV) of new deals worth $2 billion, a growth of 23.4 per cent YoY
The firm, however, expects a mid-single-digit volume drop on a high base in the quarter
Store additions strong while same store sales declined in Q1
Murugappa Group's turnover increased by 31 per cent to Rs 54,722 crore, as against Rs 41,706 crore in 2020-21
India is a fast-growing high-potential gaming market, but per capita spends still very low