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1-10 results from 1000 for query «revenue»

21 July, 2018 5:30 AM ICAI clarifies on Ind AS 115 regarding real estate sector

Coming out with a clarification on Ind AS (Indian Accounting Standard) 115 in the context of real estate sector, chartered accountants' apex body ICAI today said recognition of revenue as construction progresses is possible considering the circumstances of the individual case. The Ind AS 115 pertaining to revenue recognition came into effect from April 40

20 July, 2018 4:37 PM Microsoft's annual revenue crosses $100 billion for first time

Technology giant Microsoft, for the first time in the company’s history, has crossed the $100 billion-mark in annual revenue for FY 18 ended June 28. According to a ZDNet report, the biggest contributor to the milestone in income generation was Microsoft's cloud service, which includes Azure, Office 365 and Dynamics 365. Together with Windows 39

20 July, 2018 3:46 PM Balmer Lawrie targets retail segment for lubes and grease SBU

Balmer Lawrie & Co Ltd, a diversified PSU under the Oil ministry, would focus on the retail segment for its grease and lubricants business division, its CMD Prabal Basu said. Inaugurating the renovated applications research laboratory of the company here today, Basu told reporters that presently the business division contributed around Rs 350 crore to Rs 400 crore 33

20 July, 2018 10:54 AM Wipro posts 16.3% QoQ rise in June quarter net profit to Rs 2,093.8 crore

IT services revenue in dollar terms was $2.02 billion, down 1.7 percent quarter on quarter. Constant currency revenue grew 0.1 percent sequentially Revenue from operations grew 1.5 percent during the quarter under review to Rs 13,977.7 crore. Rupee revenue from IT services was Rs 13,700.3 crore, 2.1 percent higher quarter on quarter. Analysts polled 34

20 July, 2018 9:58 AM Zee Media Corporation shares locked at 20% upper circuit after stellar earnings performance in Q1

Zee Media Corporation's profit before exceptional item stood at Rs 21.5 crore for the quarter, a growth of 70.6 percent compared to Rs 12.6 crore in same period last year. Zee Media Corporation share price was locked at 20 percent upper circuit at Rs 27.80 on Friday after reporting stellar earnings performance for the quarter ended June 2018. There were pending 82

20 July, 2018 5:35 AM Sterlite Technologies rises 10% as Axis Capital maintains buy with target Rs 400

Revenue growth may accelerate, as company will add 20 m fkm capacity by June 2019, says Axis Capital. Share price of Sterlite Technologies added more than 10 percent intraday Friday as research house Axis Capital has maintained buy rating with price target of Rs 400 per share. The research house is positive on company's unique positioning in fiber ecosystem 53

20 July, 2018 2:24 AM Stocks in the news: Wipro, Bajaj Auto, JSW Steel, Hindalco, Alembic Pharma, JK Paper, Fortis

Wipro | Bajaj Auto | JSW Steel | Hindalco | Alembic Pharma | JK Paper and Fortis are the stocks which are in news today: Bajaj Finserv: Q1 consolidated profit rises 41 percent to Rs 825 crore versus Rs 585 crore; revenue increases 39 percent at Rs 3,943.6 crore versus Rs 2,839 crore (YoY). Hatsun Agro Product: Q1 profit rises to Rs 37.85 crore versus 49

19 July, 2018 1:25 PM Casa Grande PropCare eyes Rs 200 Cr topline by 2020

The city-based intgrated facility management company would also look at expansion in Bengaluru and Hyderabad. Casa Grande PropCare, a subsidiary of city-based realtor Casagrand Builder Pvt Ltd has set a target of generating topline of Rs 200 crore by 2020. The city-based integrated facility management company would also look at expansion in Bengaluru 40

19 July, 2018 12:02 PM Buy Mindtree; target of Rs 1115: HDFC Securities

Mindtree posted robust revenue and lower operating performance. Revenue came at USD 242mn, 6.8/20.7% QoQ/YoY supported by growth in Digital (47.5% of rev), which grew 12.6/35.5% QoQ/YoY. EBITDA% stood at 14.1%, -200bps QoQ impacted by wage increase (-270bps QoQ) and higher SG&A (visa cost and higher CSR). APAT came at Rs 1.58bn, -6.7% QoQ. EPS est unchanged 35

19 July, 2018 8:33 AM Sterlite Technologies down 5% despite better Q1 numbers

Shares of Sterlite Technologies fell 5.5 percent intraday Thursday despite better numbers declared by the company in the quarter ended June 2018. The company's consolidated Q1FY19 net profit was up 7 percent at Rs 121.71 crore against Rs 112.42 crore in Q4FY18. Revenue of the company rose 3.5 percent at Rs 877 crore against Rs 847 crore. Operating profit 29