Operating profit (earnings before interest, tax, depreciation and amortisation) jumped 19 percent year-on-year to Rs 407 crore and margin expanded by 150 basis points to 18.1 percent in the quarter gone by.
Posts tagged MC
India welcomes Pak pledge to fight militants (24-10-2015)
Although the Indian foreign ministry accused Pakistan of state-sponsored terrorism, New Delhi’s tough rhetoric did not preclude the possible resumption of peace talks that were derailed by recent tensions.
China can grow 6-7% for next 3-5 years: PBOC vice governor (24-10-2015)
The comments, made in a speech at a conference in Beijing, came the day after China’s central bank cut interest rates for the sixth time in less than a year.
Can Apple deliver like other tech titans? (24-10-2015)
Shares of three technology giants soared Friday after earnings, but one analyst believes Apple lacks a catalyst for a similar spike when it reports next week.
India, Africa should speak in one voice on UN reform: Modi (24-10-2015)
Modi said the present day world is facing challenges like terrorism and climate change which did not exist when the UN was founded 70 years back and the global body runs the risk of losing relevance if it does not adapt to the new systems in the world.
Obama deeply values his relationship with Modi: White House (24-10-2015)
White House Deputy Press Secretary Eric Schultz told reporters yesterday at his daily news conference.
5 political crises hampering Europe’s recovery (24-10-2015)
Europe is facing its largest refugee crisis since World War II, and policymakers are struggling to cope with it. Divided opinion on how to handle the influx of migrants — averaging 8,000 a day — has slowed decisionmaking.
ENIL Q2 profit seen up 14%, margin may rise 60 bps (24-10-2015)
Riding on increased spends by FMCG, realty e-commerce companies, ENIL’s advertising revenue may grow at 9.7 percent in Q2FY16.
Techs lead Wall Street higher; SP 500 erases 2015 loss (24-10-2015)
The Dow Jones industrial average rose 157.54 points, or 0.9 percent, to 17,646.7, the SP 500 gained 22.64 points, or 1.1 percent, to 2,075.15 and the Nasdaq Composite added 111.81 points, or 2.27 percent, to 5,031.86.
Ordinances on arbitration, commercial benches promulgated (23-10-2015)
For speedy settlement of commercial disputes, the Cabinet had in August cleared a bill to amend the Arbitration Act to fix a timeline for arbitrators to resolve cases.