Initial projections, at least, suggest that things are not looking good enough for India Inc, as margins are expected to soften further.
According to the Icra report, earnings before interest, tax, depreciation and amortisation margin of its sample declined by 44 basis points on a YoY basis and 23 basis points on a quarter-on-quarter basis to 16.6 per cent.
A bleak demand outlook for steel in the domestic as well as global market is also another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters.
With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.
Lupin will fund the buy through $100 mn cash reserves and a bridge loan.
The optic fibre cable infra was with Jio Digital Fibre and the tower infra with Reliance Jio Infratel
Operating margins (Ebitda) for the Indian television sector have fallen from 25 per cent to 13 per cent over the past four years, says a report released by Media Partners Asia.
MEIL has become one of the fastest growing and most successful infrastructure and engineering, procurement, and construction companies in the country in recent times.
This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
JLR, the maker of Jaguar F-Type and Range Rover Evoque, was a jewel in the crown of Tata Motors till two years back. But, it has been struggling because of the pending Brexit, a sharp contraction in sales in China, a shift in consumer preference from diesel to gasoline in Europe, higher taxes on diesel vehicles, and tightening regulations.
Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.
DecisionOne is one of the largest, profitable pure-play Technology IMS companies in North America, with a revenue of $200-million and EBITDA margin of 8.1 per cent in CY 09.
All the top three major Indian IT firms -- Tata Consultancy Services, Infosys Technologies and Wipro -- either met or beat market and analyst expectations in the quarter ended September 30, 2009, registering their best performance in six quarters.
Robust same store sales, margin growth mark June quarter.
Aramco also plans to invest in building India's largest oil refinery on the country's west coast.
After a long spell of losses, national carrier Air India recorded a net profit of Rs 14.6 crore (Rs 146 million) in last December, driven by a healthy growth in both passenger and cargo revenue.
While companies continue to face regulatory pressure leading to higher costs, they see an uptick from the launch of differentiated and high-margin products
On the profitability front, Crisil foresees a 0.5 per cent basis points y-o-y jump in EBITDA (operating profit) margins in Q2 FY15.
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
Kalanithi Maran's Sun Network and Subhash Chandra's Zee Entertainment, the two homegrown media companies, have maintained their number one and two positions, respectively, in the Asia-Pacific pay broadcaster ranks for the second year in a row.
Stiff competition and rising input costs have affected margins and earnings outlook.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Lower fuel costs and tight control on expenses propped up earnings before interest, tax, depreciation and amortisation (Ebitda) margins to one per cent.
Physical format stores are here to stay.
The combined interest payment for India's top listed companies, excluding financial and oil and gas firms, was up 15.2 per cent year-on-year during the six months ended March 2019, outpacing the change in net sales and operating profit.
The country's largest private telecom company, Bharti Airtel, on Friday posted a 13 per cent rise in net profit at Rs 2,321 crore (Rs 23.21 billion) for the second quarter ended September 30, 2009.
The debt came with covenants, which require borrowers to meet certain conditions such as a mandated debt to EBITDA ratio. A failure to meet the conditions may result in an increase in interest rates. The company reported EBITDA (operating profit) of $69 million in the quarter ended December 31, down from $151 million in the corresponding period of the previous year.
A 150 basis points fall in realisations too weighed on the top-line.
What worked for Airtel was that its data traffic growth was 13 per cent sequentially and its average data usage was even higher than Jio's at 11.9 gigabyte per month per user.
The company's operating losses for 2014-15 likely to climb a bit.
The company's investments in telecom business reached 15-20% of capital employed.
IT services and product solutions provider Quintegra Solutions will acquire US-based technology consulting company Pingho Associates Corporation (PAC) for a consideration of Rs 198 crore ($49 million).
English Premier League football club Manchester United showed its commercial strength when it raised its core earnings expectations for the year as it posted a 26.6 percent rise in quarterly revenue.
Indian telecom operators are world-leaders in terms of profitability, enjoying better EBIDTA margin than their counterparts in developed countries.
Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters
After steep correction in valuations, these have turned attractive but upside will depend on diesel price rises and export-parity pricing.
Idea Cellular, the Aditya Birla group firm that is on the verge of taking over Spice Communications by buying out B K Modi's 41 per cent stake, is sounding out its bankers to raise funds to upgrade in the struggling telecom operator's network and technology.
Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
