Search For "profitability"
OMCs' margins to take a hit post increase in taxes: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): The recent hike in additional customs and excise duties on petrol and diesel will meaningfully affect profitability and leverage profile of the three public oil marketing companies (OMCs), according to India Ratings and Research.
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A-Pac airlines profitability declined in CY19 due to competition, global t
Updated : 5 years, 10 months ago IST
Kuala Lumpur [Malaysia], May 6 (ANI): Preliminary financial performance figures released on Wednesday by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific airlines recorded 3.8 billion dollars in combined net earnings in 2019, marking a 25 per cent decline compared to
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Crisil revises Vedanta rating outlook to negative, ratings reaffirmed
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 4 (ANI): Crisil has revised its rating outlook on non-convertible debentures and long-term bank facilities totalling Rs 40,302 crore of Vedanta Ltd to negative from stable while reaffirming the rating at AA.
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Jindal Stainless successfully exits corporate debt restructuring
Updated : 6 years ago IST
New Delhi [India], Mar 5 (ANI): Jindal Stainless Ltd (JSL), India's largest stainless steel manufacturer, said on Thursday it has successfully exited from the corporate debt restructuring (CDR) framework with effect from March 31 last year.
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Global insurers to feel coronavirus impact through financial market volati
Updated : 6 years ago IST
London [UK], Mar 3 (ANI): Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims and indirectly through the impact on economic growth and the resultant financial market volatility, according to a new report by Moody's Investors Ser
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BankBazaar looking to end FY20 at EBITDA profitability despite a tough yea
Updated : 6 years ago IST
Chennai (Tamil Nadu) [India] Feb 26 (ANI/NewsVoir): BankBazaar, India's leading provider of free credit score and online financial services marketplace announced that it expects to close this financial year on a month-on-month EBITDA-profitable basis (for the month of March 2020).
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Moody's affirms IndusInd Bank's ratings, changes outlook to negative
Updated : 6 years, 1 month ago IST
Singapore, Feb 11 (ANI): Moody's Investors Service on Tuesday affirmed IndusInd Bank Ltd's domestic and foreign currency issuer ratings of Baa3/P-3.
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Slowdown in real estate hits profitability of Kajaria Ceramics
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 10 (ANI): Kajaria Ceramics, the largest manufacturer of ceramic and vitrified tiles in India, reported on Monday a 5 per cent decline in profitability during the third quarter of current fiscal at Rs 61.54 crore due to sustained weakness in real estate sector and conti
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Milkbasket turns profitable in Gurgaon
Updated : 6 years, 2 months ago IST
Gurugram (Haryana) [India], Jan 20 (ANI/NewsVoir): World's first micro-daily-delivery service and one of India's biggest grocery delivery startups, Milkbasket today announced that the company has achieved profitability in the city of Gurugram- its largest customer base and contributing appro
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OYO charts 2020 priorities as it commits to sustainable growth, operationa
Updated : 6 years, 2 months ago IST
New Delhi [India] Jan 17 (ANI/BusinessWire India): OYO Hotels & Homes, the world's leading chain of hotels, homes, and spaces has recently announced its new business direction, centered four strategic objectives towards building a leaner, healthier, and more agile organisation.
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PNB raises Rs 1,500 crore via private placement
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 27 (ANI): State-owned Punjab National Bank (PNB) has raised Rs 1,500 crore by issuing Basel III compliant bonds.
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Revenue growth of hospitals seen up 14 to 15 pc: Crisil
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 23 (ANI): Revenue and profitability of India's hospital sector should continue to improve between fiscals 2020 and 2021, sustaining the recovery witnessed last fiscal, global analytics company Crisil said on Monday.
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