Covid-19, currency depreciation, Ukraine - Russia War and increase in crude oil prices have primarily caused losses to the aviation industry in the country during last three years, said the Ministry of Civil Aviation on Thursday.
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
Typically, the RBI from time to time intervenes in the markets through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee.
The company's total income (or total revenue) for Q2 FY23 was Rs 22,409 million, an increase of 5.1 per cent over Q2 FY22. The company in a statement said its adjusted operating profit or earnings before interest, taxes, depreciation, and amortisation (Ebitda) for Q2 FY23 was Rs 18,209 milli
At the time of writing this report, Sensex traded at 61,932.20 points, down 48.52 points or 0.078 per cent, whereas Nifty traded at 18,385.10 points, down 24.55 points or 0.13 per cent.
The New Delhi-headquartered company said its operating profit and Earnings before interest, taxes, depreciation, and amortisation (Ebitda) grew 74.1 per cent to Rs 88.4 crore in the reviewed quarter, against Rs 50.8 crore in the year-ago period.
Bajaj Electricals on Tuesday reported a marginal decline in its consolidated net profit to Rs 62 crore for the second quarter ended September 30 (Q2). It had Rs 62.55-crore net profit during the July-September quarter the previous fiscal, the company said in a regulatory filing. Net sales sl
Operating profit or earnings before interest, taxes, depreciation, and amortisation (Ebitda) declined 8 per cent from last year to Rs 480.6 crore. The fall in operating profit is due to spiralling expenses, which increased 21 per cent from last year while finance costs increased 29 per cent
The firm said total revenue from operations went up 5.6 per cent to Rs 5,829 crore in the reviewed quarter, against Rs 5,520 crore in the corresponding period the previous year. Its earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose 6.2 per cent to Rs 1,302 crore,
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
The company also announced that its revenue from operations grew 39 per cent to Rs 12,308 million, against Rs 8,853 million in the year-ago period. Earnings before interest, taxes, depreciation, and amortisation grew 112 per cent to Rs 611 million from Rs 288 million during the corresponding
New Delhi [India], October 22 (ANI): India's foreign exchange reserves during the week that ended on October 14 fell to an over two-year low of USD 528.367 billion, a drop of USD 4.5 billion from the previous week.