Tech Mahindra Q1 -Net profit down 9.5 percent at Rs 796.5 crore versus Rs 880.6 crore (QoQ) -Rupee revenue up 0.5 percent at Rs 6,921 crore versus Rs 6,884 crore (QoQ) -EBIT down 11.4 percent at Rs 827.3 crore versus Rs 933.6 crore (QoQ) -EBIT margin at 11.95 percent versus 13.56 percent (QoQ) -Dollar revenue up 0.9 percent at USD 1,031.5 million versus 1,022.6 million (QoQ) Tech Mahindra says -EBITDA margin impacted by cyclical nature of units earnings -EBITDA margin impacted by visa cost -Bio Agency numbers to be incorporated in Q2 -Brexit was the biggest destabilising factor -Brexit's immediate impact will be significant -Expect to see uncertainty over next 1 year due to Brexit -Don't think Brexit will have a long-term impact -Quite sanguine about long-term impact of Bexit Tata Communications Q1 -Consolidated net profit down 3.5 percent at Rs 41.8 crore versus Rs 43.3 crore (YoY) -Consolidated total income down 3.3 percent at Rs 5,031.7 crore versus Rs 5,206 crore (YoY) -Consolidated EBITDA up 14.2 percent at Rs 862.7 crore versus Rs 755.5 crore
InterGlobe Aviation Q1 -Net profit down 7.4 percent at Rs 591.7 crore versus Rs 639 crore (YoY) -Total income up 8.7 percent at Rs 4,578.8 crore versus Rs 4,211.5 crore (YoY) -EBITDAR at Rs 1,553.7 crore versus Rs 1,577 crore (YoY) -EBITDA down 18.8 percent at Rs 815.4 crore versus Rs 1,004 crore (YoY) -EBITDA margin at 15.5 percent versus 21.3 percent (YoY) -Aircroreaft fuel expenses up 1.5 percent at 1,367.4 crore
Lupin -Acquires branded product portfolio from Shionogi in Japan -To acquire 21 products from Shionogi effective December 1 Alert: 21 products had sales of USD 90 million collectively Financial Technologies case update: Economic Offences Wing (EOW) affidavit says -Company to be allowed to use its bank account for salary payments & statutory dues -Company to furnish details of its audited expense every month with EOW official EOW says -Intention behind securing company's assets was not to stall day-to-day operations Coal India -July production at 36.74 million tonnes (MT) versus target of 40.29 MT -July offtake at 41.47 MT versus target of 46.57 MT
ICICI Bank -ICICI Bank & PE firm Apollo to collaborate in asset resolution -Aion Capital to also join ICICI Bank, Apollo in asset resolution July Auto Sales -
Tata Motors -Total sales up 7 percent at 43,160 units versus 40,154 units (YoY) -Domestic sales up 8 percent at 37,789 units (YoY) -Domestic passenger vehicle sales up 31 percent at 10,335 units (YoY) -Domestic commercial vehicle sales down 2 percent at 24,242 units (YoY) -Exports up 6 percent at 5,371 units versus 5,078 units (YoY)
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