Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Posts tagged Rediff
IPOs: Rs 32,000 Cr Raised in 1st Half! (25-06-2024)
This year’s tally is the second best ever after 2022 when 16 firms raised Rs 40,311 crore, led by LIC’s biggest-ever IPO.
IPOs: Rs 32,000 Cr Raised in 1st Half! (25-06-2024)
This year’s tally is the second best ever after 2022 when 16 firms raised Rs 40,311 crore, led by LIC’s biggest-ever IPO.
Water crisis will hurt India’s credit health: Moody’s (25-06-2024)
Moody’s Ratings on Tuesday said India’s growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.
Water crisis will hurt India’s credit health: Moody’s (25-06-2024)
Moody’s Ratings on Tuesday said India’s growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.
DoT Sets 100 Days Agenda For Rules (25-06-2024)
‘The idea is to frame the ToR quickly, so that Trai can begin its consultations with industry stakeholders.’
‘Private Sector Must Create Jobs’ (25-06-2024)
‘The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.’
Maiki South Mining wins India’s first lithium block (24-06-2024)
Maiki South Mining Pvt Ltd has bagged the country’s first lithium block in Chhattisgarh that was put up for sale, the government said on Monday. Meanwhile, the government cancelled the auction of 14 critical minerals that were on offer in the second round of auction. The Katghora lithium and rare earth elements (REE) block in Chhattisgarh was awarded to the company at an auction premium of 76.05 per cent.
India records 0.6% current account surplus in Q4 (24-06-2024)
India recorded a current account surplus of $5.7 billion or 0.6 per cent of GDP in the March quarter, the Reserve Bank of India said on Monday. This is the first time in ten quarters that the crucial metric of the country’s external strength has turned into surplus mode. In the year-ago period, the current account deficit stood at $1.3 billion or 0.2 per cent of GDP, and the same was $8.7 billion or 1 per cent of GDP in the preceding quarter ending December 2023.
Related-party transactions: Rs 2.68 trn awaits nod (24-06-2024)
Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors – the latter two are part of the Sensex – will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.