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Feiyue Beave FY-12 brushless bashing day :) Nice 😀 #rc #brave #braverc #feiyue #fy12 #bravefy12 #rcmonstertruck #banggood #brushless #rclife #rclove https://www.instagram.com/p/Bqnsn34n5Z6/?utm_source=ig_tumblr_share&igshid=1neisiuhmdda8
Jaquar eyes 50% revenue growth in FY12
Jaquar eyes 50% revenue growth in FY12
Jaquar eyes 50% revenue growth in FY12 Bath and light fittings China manufacturer Jaquar is eying more than 50 per cent growth in revenue to Rs. 1,500 crore in 2011-12 on the back of aggressive expansion in its product portfolios, a top company executive has said. “We are planning to introduce … Read more on Hindu Business Line
Are Bathrooms Really that Sensual? "You may not end up owning Jaguar's…
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Earnings Report Card: India Inc hits rock bottom in FY12
Riken Mehta Moneycontrol Bureau The "India Shining" marketing slogan was created back in 2004 by the BJP and truly India Inc lived up to it for as many as seven years in a row. But sadly this is about to change and clear signs of it now visible from both market and macro data reported in last one year. Worsening manufacturing data, sliding of GDP to multi-year low, out-of-shape Balance of Payment and virtually toothless government's inability to put the economy back on growth track leaves India with only one alternative - the RBI. In this article, we will take a closer look at India Inc's annual earnings performance in last 8 years. As seen from the chart, India Inc posted a robust growth of 30% plus in FY06 to FY08. However, there was de-growth in the bottomline for the financial years 2009 and 2012. The year 2009 was plagued by US subprime mess while domestic mess is hurting 2011-12. The most disconcerting figure is the FY12 net profit margins of 6.8% at the right bottom corner of the table. This is the rock-bottom levels Corporate India has reported in last eight years. The cost of basic raw materials input like chemicals, metals, food items shot up denting operating margins. Also elevated inflation levels forced the RBI to raise policy rates in first nine months of 2011 which in turn raising interest costs for most of the companies. The margins got squeezed as the companies were unable to pass on the interest cost to consumers/clients. Out of 2676 companies that reported their FY12 earnings, 617 companies or nearly 23% of the India Inc booked losses last year. Also there is one major difference if one compares the slowdown in 2008-09 and 2011-12. In the first period under consideration, the government had cut excise duty by 2% which fuelled the growth while in the second period under consideration the government rolled back the same in its union budget presentation. Unless, the government changes its stance, a dismal FY13 corporate scorecard is in the offing. * All figures Rs in Cr
HCL Infosystems reports Q4 FY12 earnings
HCL Infosystems has announced its financial results for its quarter and financial year ended June 30th 2012. The company reported Consolidated revenue at Rs. 2,726 crores for the quarter, taking the revenues for the year to Rs. 10,840 crores whereas, Consolidated profit before tax and foreign exchange fluctuation impact was Rs. 36 crores for the quarter, taking the profit before tax and foreign exchange fluctuation impact for the year to Rs. 150 crores. During the year, the Company has paid interim dividends aggregating to Rs. 3/- per fully paid equity share of Rs. 2/- each.
The HCL Infosystems and Nokia distribution partnership witnessed positive movement as there was an increase in market share in the quarter.....
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www.varindia.com
Entertainment Properties Trust Q4 FFO Rises; Lifts FY12 Adj. FFO View – NASDAQ
Entertainment Properties Trust Q4 FFO Rises; Lifts FY12 Adj. FFO ViewNASDAQ(RTTNews.com) – Entertainment Properties Trust (EPR) reported that its fourth-quarter Funds From Operations or FFO was $ 42.6 million, or $ 0.91 per share, up from $ 40.4 million, or $ 0.86 per share, for the same period in 2010.Entertainment Properties Trust Reports 2011 Year-End [...] http://dlvr.it/1Dzx6L
UPDATE 1-India FY12 crude oil output seen up 1.3 pct y/y-govt
* Refining capacity expected to rise 20 pct by March 2012 (Adds details, background)NEW DELHI, Oct 18 (Reuters) - India's crude oil output is expected to rise only marginally in the fiscal 2011/12, a government statement said, which could force Asia's third largest economy to resort to costlier imports as it expands refining capacity.India, the world's fourth largest oil importer, ships in 80 percent of its oil needs to meet growing local fuel demand and feed its expanding refining capacity.The country's oil output is expected to rise an annual 1.3 percent to 763,800 barrels per day (bpd), while natural gas production is seen edging down to 51.68 billion cubic meters from a year ago, the government said in the statement on Tuesday.Higher output from Cairn India's Rajasthan block is expected to raise the oil output, while a fall in production from Reliance Industries -operated D6 block, off India's east coast, will nudge down the gas output, the statement said.Refining capacity is expected to rise 20 percent to about 4.65 million bpd at the end of the current fiscal year in March, it said.India has a surplus refining capacity but it still imports fuel as private firms, controlling over a third of current capacity, prefer to export.Unlike state fuel retailers, private firms do not get partial compensation from the government and upstream firms on sale of fuel state-set cheaper rates.Lower realisation on fuels sales along with rupee depreciation <INR/] and higher oil prices LCOc1 have hurt cash flows of the state oil marketing firms, resulting in higher borrowings and interest burden.The combined debt of state-run oil retailers -- Indian Oil Corp , Bharat Petroleum and Hindustan Petroleum -- rose 23 percent since March to 1.19 trillion rupees ($24.31 billion) in August.These firms sell diesel, kerosene and cooking gas at subsidised rates to help the government control inflation .India is aggressively pursuing oil diplomacy to ensure energy security for the country, the statement said.It is building strategic oil storage at three locations in southern India, sufficient to meet 90 days demand, as a hedge against crude price volatility and to ensure supplies in case of disruption.The first storage of 9.75 million barrels at Vizag will be completed by end of this month, while the second facility of about 11 million barrels at Mangalore will be ready by November next year, the statement said.An 18.76 million barrels storage at Padur will be completed by May 2013, it said.The statement said oil companies, which currently own oil storage capacity of 162.726 barrels, are building tanks to store 24.12 barrels more, taking India's overall all oil storage capacity to about 226 million barrels.
India FY12 crude oil output seen up 1.3 pct y/y-govt
India imports about 80 percent of its oil needs to meet its growing local fuel demand and feed its expanding refining capacity.Refining capacity in Asia's third-largest economy is expected to touch 232.30 million tonnes by the end of the current fiscal in March, versus 193.40 million tonnes now.
India FY12 crude oil output seen up 1.3 pct y/y-govt
India imports about 80 percent of its oil needs to meet its growing local fuel demand and feed its expanding refining capacity.Refining capacity in Asia's third-largest economy is expected to touch 232.30 million tonnes by the end of the current fiscal in March, versus 193.40 million tonnes now.
