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Elder Health Care, the FMCG unit of pharma major Elder Group, is planning to buy two Indian brands in the personal care segment. The possible acquisitions will be from the oral care and body care segments. The company is keen to close the deal as soon as possible to capitalize on lower valuations available currently. … Read more Elder Health Care on buying spree
YES bank held its conference call on 23rd April 2009 to discuss on the company’s performance for the quarter and full year ended Mar’09. Highlights Yes Bank for the quarter ended Mar’09 reported 45% growth in Net interest income at Rs 155.22 crore and 24% growth in Net profit at Rs 80.11 crore. Other income … Read more YES bank Targets 250 branches by December 2010
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
Zee Entertainment Enterprises (ZEEL) held a conference call to discuss results for the fourth quarter ended March 31, 2009. Mr Subhash Chandra, Chairman addressed the call. Highlights of the call For FY10, the management is not giving any revenue guidance on the back of current challenging environment. However, the management is confident of bottomline growth … Read more Zee Entertainment Enterprises – Targets 10-15% bottomline growth for FY10
Bajaj Hindusthan held a conference call on 23rd April 2009 to discuss the results and operational performance for second quarter ended March 2009. Kushagra Bajaj, joint MD, addressed the call. Highlights of the concall The net revenue of Bajaj Hindusthan for second quarter ended March 2009 (on standalone basis) dipped by 13% Y-o-Y to Rs … Read more Bajaj Hindusthan Ready to capitalize on inventory with rising sugar prices
Wipro held its conference call to discuss the fourth quarter of FY2009 and future prospects. Mr Azim Premji, Chairman alongwith others addressed the call. Highlights of Call For the quarter ending June 2009, Wipro expects IT Services Revenue to be in the range of US$ 1009 – 1025 million a sequential de-growth of 3.5 – … Read more Wipro Expects decline in volumes in Q1 & Q2