Tata Chemicals – 30% demand contraction of Soda ash in China

Highlights- The consolidated top-line of the company during the third quarter ended December 2008 increased by 106% to Rs 3,510.01 crore as compared to the same period last year. During the quarter the company incurred notional forex loss of Rs 24.92 crore on account of restatement of borrowings. This is due to unrealized exchange loss … Read more Tata Chemicals – 30% demand contraction of Soda ash in China

Shoppers’ Stop – Retail Challenges Ahead

Financial Performance For the quarter ended December 08, Shoppers’ Stop has clocked 14% growth in total income from operations to Rs 353.68 crore with the help of other income from operations of Rs 9.69 crore.OPM improved by 120 bps with the cost cutting measures taken by the company, leading Operating profit growth of 48% to … Read more Shoppers’ Stop – Retail Challenges Ahead

UTV Software Communications – Revenues of Rs 650-660 crore for FY09

UTV Software Communications (UTV) held a conference call to discuss the third quarter results and future prospects of the Company. Mr Ronnie Screwvala, Chairman and CEO addressed the call. Highlights of the call For the quarter ended December 2008, UTV reported 30% growth in operating revenues at Rs 160.20 crore with OPM down 1290bps at … Read more UTV Software Communications – Revenues of Rs 650-660 crore for FY09

OnMobile Global Expects Ad-RBT to contribute 15-20%

Highlights of the call For the quarter ended December 2008 the company has recorded consolidated revenue of Rs 115.72 crore, 18.7% higher sequentially. On Y-o-Y basis the consolidated revenue surged by 44%. YTD International revenue is 24% of total revenue as compared to 19% for same period last year. Revenue concentration from top 5 Operators … Read more OnMobile Global Expects Ad-RBT to contribute 15-20%

Ballarpur Industries Plan capex of Rs 300 crore for next 2 years

Ballarpur Industries (BILT) held a conference call post announcing its results for the quarter ended December 2008. B Hariharan Group Director Finance addressed the call and discussed the performance of the company. Highlights of the concall During the December ended quarter, the net sales of the company on consolidated basis has decreased by 7% to … Read more Ballarpur Industries Plan capex of Rs 300 crore for next 2 years

Thermax Expects slowdown in investments and delay of capex

Thermax held a conference call on Jan 29, 2008. In the conference call the company was represented by its Managing Director. Key takeaways of the conference call Total income for the quarter was Rs 803.8 crore, a fall of 6% and a PAT of Rs 72.3 crore which translate into a decline of 4%. About … Read more Thermax Expects slowdown in investments and delay of capex