The Hyderabad-headquartered firm said its revenues grew 52.48 per cent to Rs 1,683.07 crore on a year-on-year basis. The company also said operating profit or Ebitda also rose 45.07 per cent YoY.
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
Last week, Singapore Airlines, the city-state's national carrier, reported a record first-half operating profit of SGD 1.23 billion (USD876 million) for the period which ended in September. It was also the best-ever quarterly profit of SGD 678 million, eclipsing the previous best of SGD 674.
Its revenue went up 12.9 per cent to USD 2,565 million, against USD 2,272 million in the corresponding half-yearly the previous year. Operating profit rose 19.1 per cent to USD 872 million from USD 732 million whereas basic earning per share (USD per cents) rose 3.7 per cent to 7.9. These ca
Mumbai (Maharashtra) [India], October 20 (ANI): The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net profit at Rs 318 crore for the quarter ended September 30 against Rs 250 crore in the year-ago period.
New Delhi [India], October 14 (ANI): Federal Bank on Friday posted a 53 per cent jump in its net profit to Rs703.71 crore for the quarter ended September 30, against Rs460.26 crore in the year-ago period.
Mumbai (Maharashtra) [India], August 8 (ANI): The share price of State Bank of India (SBI) slumped on Monday after the country's largest lender announced 7 per cent decline in its standalone net profit for the quarter ended June 30, 2022.
Mumbai (Maharashtra) [India], August 6 (ANI): The country's largest lender State Bank of India (SBI) on Saturday reported a standalone net profit of Rs 6,068 crore for the first quarter of the current financial year as compared to Rs 6,504 crore recorded in the corresponding period of the la
Singapore, August 1 (ANI): The Singapore Airlines Group (SIA), co-owner of Indian airlines Vistara, reported its highest ever first quarter operating profit of SGD556 million last week (USD403 million) on "surging passenger demand". It is the second highest quarterly operating profit in the
Mumbai (Maharashtra) [India], July 25 (ANI): Axis Bank on Monday reported net profit of Rs 4,125.26 crore for the first quarter of the current financial year as compared to Rs 2,160.15 crore recorded in the corresponding period of the previous year, registering a year-on-year growth of 91 pe
Mumbai (Maharashtra) [India], July 23 (ANI): Karnataka Bank on Saturday reported a net profit of Rs 114.05 crore for the first quarter of the current financial year, registering a year-on-year growth of 7.69 per cent.