Godrej Consumer’s (GCPL) consolidated revenues increased by 11.4% at R21.2 bn; Ebitda growth was 13.7% at R4.6 bn and Adjusted PAT growth was 7% at R3.18 bn. India business sales were up 7.5% with a 9% volume growth.
Reliance Communication (RComm) and Maxis Communications (MCB) have signed definitive documents for the merger of India wireless businesses of RCOM and Aircel. The merged entity would have revenue and VLR subscriber market sha
Tech Mahindra’s EBITDA margin eroded by 6ppt in the past eight quarters. The sharp drop can be attributed to Euro depreciation, integration of CC business and sharp spike in onsite revenue contribution.
We recently met the management of BEML. Robust revenue growth in mining segment (~58% of revenues) — Coal India’s target of doubling its production to ~1bn tonnes (15% CAGR) in next five years — would mandate higher inv