Higher cement prices and easing costs aided margins of producers in the June quarterWith cement prices now correcting across the country, margins are unlikely to sustain
2 min read21 Aug 2019Net profit fell by 5.23% for the three months ended 30 June from a year earlier, showed a Mint analysis of 1,284 listed companiesAnalysts said revenues of some companies were hit by muted volumes owing to low discretionary spends, rupee fluctuations, slow progress of the monsoon
3 min read15 Aug 2019June quarter earnings of temporary staffing firms were a mixed bagGiven the large presence of the unorganized sector, these firms were seen benefiting from the GST-led shift in demand to the organized sector.
2 min read1 Aug 2019Ahead of their June quarter results, shares of Asian Paints and Berger Paints have hit new 52-week highs intraday on NSE on 11 July and 12 July, respectively
2 min read17 Jul 2018Key companies that will report first-quarter earnings this week are IndusInd Bank, TCS and Infosys
1 min read9 Jul 2018The Infosys stock slumped 4.47% to settle at 1,284.50 on BSE. The IT major was the worst hit among the 30 Sensex constituents
1 min read5 Jul 2018Unlike Q3FY17, which surprised with a beats-to-misses (BTM) ratio of 165% after muted expectations following demonetisation, Q1FY18 has been worse than expected
1 min read22 Aug 2017Markets are expected to consolidate as investors gear up for June quarter earnings, which may show effects of GST implementation and rupee appreciation
2 min read10 Jul 2017The new accounting standards have introduced several changes in the way companies report their financials
6 min read31 Aug 2016JK Lakshmi Cement's share prices have surged on expectations of robust June quarter earnings, since cement prices in north India saw a 14% increase
1 min read12 Aug 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared