“We are in the final stages of closing quite a few large opportunities. So we are very optimistic about the future as we go along,” says Debashis Chatterjee, CEO & MD, LTI Mindtree.Firstly the growth rate moderated quite a bit in Q4. Is it a one off case or there are any other factors playing … Read more
“We expect the growth in FY24 in BFS compared to FY23 to be significantly lower. FY23 was a fantastic year, BFS business for us grew 47%. In FY24 we expect the BFS business to grow around 15% over FY23,” says Sudhir Singh, CEO, Coforge.What will be your strategy going ahead?Step one from our vantage is … Read more
” I do not think anybody can predict margins going forward in any industry. It is just not possible. There are so many variables which are there and the world today is not a very predictable place. The number of changes and unexpected events which happen are enormous. So I mean, I am not at … Read more
“As you know this is a business where working capital intensity is high. Idea is also to make sure we maintain this working capital line and as we move forward our growth is fully funded,” says RM Subramanian, CFO, Avalon Technologies. Meanwhile, Kunhamed Bicha, CMD, Avalon Technologies says, “We are in the teens and there … Read more
“Yes, our quarter-on-quarter growth in HPPC continues to remain strong and we have covered up any loss of customer sale. In terms of margins, if you see consecutively in the entire group, we have been able to increase gross margins and EBITDA margins quarter-on-quarter for the last three quarters,” says Sunil Srinivasan Chari, MD, Rossari … Read more
PD Mundhra, Co-founder and Executive Director of IT consulting and outsourcing company eClerx, says with improving utilisation, the company should be able to deliver EBITDA margins within the target range of 28-32%. “There are multiple factors likely to impact margins in the future, including currency movements, pricing changes, utilization levels, and business mix. We hope … Read more
“We are in the process of implementing Botree DMS with our distributors and we have also invested in the building sales capability and designed a sales training programme which is under execution,” says Manu Talwar, Mrs Bectors Food. We have seen a revenue growth of around 40% in the biscuit segments. Could you talk to … Read more
In the past six months, the Nifty 50 index has fallen close to 9% while the ET Cement index – which includes all key listed entities – has fallen close to 24%. Synopsis According to some estimates, prices of pet coke and Indonesian coal have shot up 55% to 80% in the past five months. … Read more
Multi-year high oil prices could hurt India’s private consumption, government expenditure and corporate margins, said Sanjay Mookim, India strategist and head of equity research at JP Morgan India. In an interview, Mookim said his base case is for close to zero returns from headline Indian equity indices through 2022, with the growth in earnings likely … Read more
ET Intelligence Group: India Inc continued to report double-digit year-on-year growth in revenue and net profit for the December quarter though input cost inflation continued to dent operating profit, resulting in a multi-quarter low margins. While margin pressure is expected to continue in the fourth quarter of the fiscal year, analysts expect a gradual demand … Read more