The company has seen a stronger monetisation across all its key businesses while limiting indirect costs, leading to a 61 per cent YoY improvement in operating profits or Ebitda before employee stock ownership plan (ESOP) costs to Rs 166 crore.
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
On a quarterly basis, Paytm's net losses have reduced by 11 per cent. The company said robust traction across all its businesses helped it achieve stronger revenue growth, with improvement in Ebitda before Esop cost (improvement of Rs201 crore in last two quarters).
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,
Bengaluru (Karnataka) [India], November 4 (ANI/NewsVoir): TVS Motor Company's operating revenue grew by 28 per cent at Rs. 7,219 Crores for the quarter ended September 2022 as against Rs. 5,619 Crores reported in the quarter ended September 2021.
Mumbai (Maharashtra) [India], November 4 (ANI/PNN): Shri Keshav Cement & Infra Limited (BSE - 530977), engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka has announced its unaudited Financial Results for the Q2 & H1 FY23.
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
Mumbai (Maharashtra) [India], November 1 (ANI/NewsVoir) Music Broadcast Limited (MBL), India's 1st Private FM Radio Broadcaster, has reported its Financial Results for the quarter and half-year ended September 30th, 2022.
The company on Saturday evening said its revenue went down 7.5 per cent to Rs 2.1 lakh crore in the reviewed quarter, against Rs 2.2 lakh crore in the year-ago period.
Mumbai (Maharashtra) [India], October 29 (ANI/PNN): Focus Lighting & Fixtures Limited. (NSE - FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, announced its unaudited Financial Results for the Quarter and Half Year ended September 30, 2022.
Mumbai (Maharashtra) [India], October 21 (ANI): Reliance Industries (RIL) on Friday posted a net profit of Rs 13,656 crore for the quarter that ended September 30, against Rs 13,680 crore in the year-ago period.
Mumbai (Maharashtra) [India], October 15 (ANI): Avenue Supermarts, operator of DMart chain of retail stores, on Saturday, said its consolidated net profit jumped by 64 per cent to Rs 686 crore for the second quarter of the current financial year as compared to Rs 418 crore recorded in the co