India, the world’s third largest crude oil importer’s cost for oil in January has gone up by almost 46 per cent from US$ 6.6 billion to US$ 9.6 billion.

The company expects to see traction in demand for cement due to infrastructure development, housing and increase in rural spend.

Indian Hotels Company has revealed a strategy to improve its EBIDTA margin from 17 per cent now to 25 per cent by 2022. Company’s four focus area includes a top-line increase, margin enhancement, guest satisfaction and employee engagement.

The PAT for the quarter came in at Rs 13.7 crore, a decline of 12.7 per cent YoY. This was due to absence of other income in the quarter as against Rs 7.6 crore in corresponding quarter of last year. 

Its PAT for the quarter came in at Rs 7.92 crore, an increase of 88.6% YoY. This was due to substantial increase in other income to Rs. 4.36 crore as against Rs. 0.75 crore in the corresponding quarter of last year. 

Nahar Industrial Enterprises standalone revenue for the quarter came in at Rs 452.2 crore, registering an increase of 16.7 per cent YoY.

The company witnessed significant jump in its bottomline to Rs 3.33 crore, from merely Rs. 0.2 crore in the corresponding quarter last year. 

KNR Construction's standalone revenue for the quarter came in at Rs. 433.19 crore, registering 13.3 per cent yoy increase.

BLS International Services reported consolidated revenue for the quarter at Rs. 202.8 crore , registering 24.6 per cent yoy increase. On a quarter-on-quarter basis, BLS reported 8.7 per cent growth in revenue.

Moreover, the company believes that its debt would reduce by Rs. 25,000 crore through prepayment and transfer of DOT spectrum instalments.