Will Tata Steel prioritise paring debt or inorganic growth?
The company’s liquidity position is robust with around Rs 25,000 crore in cash and cash equivalents. Will most of it go towards debt repayment or towards further acquisitions?
q1
August 2018
July 2018
Tata Steel’s profit more than doubles in Q1
The company’s profit fell short of street estimates, but its outlook for the rest of the year is optimistic.
Defence is L&T’s long-term bet
Chief financial officer R. Shankar Raman calls the segment the infrastructure heavyweight’s ‘new baby’; company sees 36% rise in net profit in Q1.
ITC first quarter profit rises 10%
The revenue from the cigarettes business fell by 41.6% to ₹5,127.6 crore.
Kotak Mahindra Bank’s Q1 profit up 12%
The bank posted a standalone net profit of Rs 1,025 crore for the quarter ended June compared to Rs 913 crore a year ago.
HUL’s Q1 net profit up 19% on higher volumes
Earnings for the first quarter of FY19 reported by India’s largest listed consumer packaged goods firm met Street estimates, signalling continued consumption growth in the economy.
