Ranbaxy Laboratories Expects revenue of Rs 7000 crore

Ranbaxy Laboratories declared the results for the quarter ended March ’09 and held a tele conference call on 24th April’09 to discuss the financial performance as well as future plans. The key takeaways from the meet are as follows: Consolidated net sales for the quarter declined by 4% to Rs 1558.4 crore due to poor … Read more Ranbaxy Laboratories Expects revenue of Rs 7000 crore

LIC Housing Finance – Expects 25% growth in disbursements in FY10

LIC Housing Finance (LHF) held its conference call on 24th April 2009 to discuss its Q4FY09 and FY09 results. Highlights LHF reported 30% growth in Income from operations to Rs 790.48 crore. With higher rise in interest expenses, the gross profit recorded a restricted growth of 21% to Rs 218.59 crore. The Net profit for … Read more LIC Housing Finance – Expects 25% growth in disbursements in FY10

GlaxoSmithkline Consumer Healthcare – Margin will be around 18%

Highlights of the call The company’s sales for the quarter ended March 09 has increased by 31% to Rs 539.37 crore, supported by volume growth in Horlick by 21% and Boost by 8%. There was a overall volume growth of 20%. There was a price growth of around 7% for the quarter. A 3% excise … Read more GlaxoSmithkline Consumer Healthcare – Margin will be around 18%

Piramal Healthcare – Expects a revenue growth of 16-17% for FY’10

Piramal Healthcare posted 9% growth in net sales to Rs 850.91 crore for the quarter ended March 2009. Operating Profit margins crashed by 650 bps to 21.0% on the back of R & D expenses of Rs 20.18 crore as against R & D income of Rs 40.48 crore in the corresponding pervious period. Resulting … Read more Piramal Healthcare – Expects a revenue growth of 16-17% for FY’10

Idea Cellular Transfer of towers to Indus results in 2.2% contraction in EBIDTA

Highlights of the concall The company has recorded Rs 2936.49 crore consolidated revenue for Q4 FY09, 8% up Q-o-Q. The consolidated EBIDTA margins for Q4 FY09 improved 210 bps sequentially to 27.6%. At EBIDTA level, Spice and Indus have contributed Rs 69.4 crore for Q4 FY09. The consolidated PAT for the quarter stood at Rs … Read more Idea Cellular Transfer of towers to Indus results in 2.2% contraction in EBIDTA