For fiscal year 2018, Infosys’ revenues in dollar terms grew by 7.2 per cent which seems to be in line with company’s guidance of 6.5 to 7.5 per cent. Further, in constant currency terms, revenues increased by 5.8 per cent in line with guidance of 5.5 to 6.5 per cent.

As the banking frauds in the country get bigger day by day, government tightens new norms against PSUs. The government's response to the situation indicates that PSUs are showing signs of chaos.

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

Zydus Wellness surged as much as 7 per cent from its previous close. The stock has surged nearly 42 per cent from the low of February 6, making a kind of V pattern on the daily time frame.

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. 

Its EBITDA for the quarter rose by 16.9 per cent YoY to Rs 9.01 crore with a corresponding margin contraction of 814 bps. The EBITDA margin for the quarter stood at 29.7 per cent. This margin contraction was due to jump in employee benefit expenses and project expenses by 86.9 per cent YoY and 64.3 per cent YoY, respectively.

The company’s PAT came in at Rs 7 crore, representing 18 per cent sequential increase and 138 per cent YoY increase. 

Its EBITDA for the quarter rose by 4.9 per cent YoY to Rs 32.74 crore, with a corresponding margin contraction of 113 bps. The EBITDA margin for the quarter stood at 10.1 per cent. This margin contraction was led by 38 per cent YoY jump in the cost of materials.