Latest news with #068
The Star
3 days ago
- Entertainment
- The Star
Eric Tsang, Chin Ka-lok & more to hold concert in Genting Highlands on July 19
Hong Kong actors Eric Tsang (left), Chin Ka-lok and more are set to perform in Genting Highlands on July 19. Photos: China Press, Chin Ka-lok/Instagram Hong Kong variety show Super Trio is celebrating its 30th anniversary with a special live concert on July 19 at the Arena of Stars, Resorts World Genting. Leading the milestone event is none other than the show's original host Eric Tsang, who will also be joined on stage by fellow actors Chin Ka-lok, Louis Yuen, Mayanne Mak and Kirby Lam. Fans can look forward to a night filled with laughter, nostalgia and surprises as the cast brings back some of the show's most memorable game segments, alongside exciting new ones. Attendees also stand a chance at receiving exclusive 30th anniversary memorabilia to commemorate the occasion. Since its debut in 1995, Super Trio quickly rose to become one of the most beloved variety programmes in both Malaysia and Hong Kong. The show initially ended its run with the airing of the final episode on Jan 12, 2014, but was revived eight years later in 2022 with the new series Super Trio Returns . Tickets for Wow! Super! Happy 30 Years, priced between RM388 and RM1,068, are now available for GRC Gold Members and above, as well as Visa cardholders. Public sale will be available via on from June 3, noon onwards.
India.com
6 days ago
- Business
- India.com
This company's Q4 net profit grows 59 percent to Rs 180000000, total income increased to...
शेयर बाजार भी पाकिस्तान से कई गुना बड़ा New Delhi: Steel pipe maker Hi-Tech Pipes on Monday posted a 59 per cent rise in consolidated net profit to around Rs 18 crore for the March quarter, driven by higher income. It had recorded a net profit of Rs 11. 12 crore in the January-March quarter of 2023-24, the company said in an exchange filing. The company's total income increased to Rs 733. 75 crore from Rs 680. 75 crore a year ago. Sales volume increased 8 per cent to 1,16,032 MT from 1,07,721 MT in Q4 FY24, reflecting higher demand. For the entire FY25, the net profit rose 66 per cent to Rs 72. 95 crore against Rs 43. 93 crore in FY24. Revenues during the year grew by 14 per cent to Rs 3,068 crore from Rs 2,699 crore, supported by record sales volumes. Kumar Bansal, Chairman and Managing Director, Hi-Tech Pipes, said, 'FY25 marks a defining year for Hi-Tech Pipes, with 14 per cent revenue growth and a 66 per cent surge in profitability, driven by operational excellence and strategic capacity expansion'. Hi-Tech Pipes owns and operates six integrated manufacturing facilities in Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra, having a combined installed capacity of 7,50,000 metric tonnes (MT) per annum. (With PTI Inputs)
Economic Times
06-05-2025
- Business
- Economic Times
Marico pins FY26 hopes on rural revival, premium push
FMCG major Marico is betting on a broad-based consumption recovery and gradual margin improvement in foods and digital-first segments to power its performance in FY26 after closing FY25 on a steady note. While the company reported margin pressure during the March quarter, it expects to sustain the double-digit growth in revenue and operating profit in the current fiscal year. Analysts have raised earnings estimates by 5-9% for FY26 and FY27 supported by expectations of better top line growth and control on margin. ADVERTISEMENT Marico's consolidated revenue and net profit grew 20% and 8% year-on-year to Rs2,730 crore and Rs345 crore, respectively. The company stated that it expects gradually improving growth in the core categories on the back of moderating retail and food inflation as well as the promise of a normal monsoon season. However, higher raw material costs and advertising, sales and promotion (ASP) expenses pulled the operating margin before depreciation and amortisation (EBITDA margin) down to the 12-quarter low of 16.8%, which was also 260 basis points lower than the year-ago level. As a percentage of revenue, ASP spends was 11.2%, up from 9.9% year-ago as the company focussed on strengthening brands amid intense competition. The input costs relative to revenue increased to 51.4% in the March 2025 quarter from 48.4% in the year-ago period. According to brokerage reports, prices of key inputs including copra and vegetable oils increased by 25-48% year-on-year. Prabhudas Lilladher Capital expects prices to remain high in the near term. 'The usual 18–24 months pricing cycle has been extended, and copra prices are predicted to remain high in the June 2025 quarter,' the brokerage noted in a report. It expects margin pressures to subside after the first half of India business, which contributes over 75% to the top line, growth in volume and revenue was at a 14-quarter high in the three months ended March 2025. Volume grew by 7% compared with a 3% growth in the year-ago quarter. Revenue grew by 23% to Rs2,068 business, comprising the company's products in the haircare, food and beauty segments sold in over 25 countries, registered constant currency growth (CCG) of 16% in the March 2025 quarter. The growth rate has gradually improved from 6% in the December 2023 quarter despite macroeconomic headwinds and currency devaluations. ADVERTISEMENT The company expects to achieve a double-digit EBITDA growth in FY26 compared with 4% growth in the March quarter aided by margin expansion in the foods segment and a stronger product mix in international markets. Emkay has upgraded Marico to 'BUY' from 'Add', raising the target price by 16% to Rs810 while raising earnings estimates by 5-9% over FY26-27. Elara Capital has reiterated its 'Accumulate' rating while increasing the target price to Rs785 from Rs752. The stock was last traded at Rs 720 on Tuesday on the BSE. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
06-05-2025
- Business
- Time of India
Marico pins FY26 hopes on rural revival, premium push
Marico posted 20% revenue and 8% profit growth in Q4FY25, despite margin pressure from higher input and advertising costs. It expects improved performance in FY26, aided by a normal monsoon, easing inflation, and expansion in food and international segments. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FMCG major Marico is betting on a broad-based consumption recovery and gradual margin improvement in foods and digital-first segments to power its performance in FY26 after closing FY25 on a steady note. While the company reported margin pressure during the March quarter, it expects to sustain the double-digit growth in revenue and operating profit in the current fiscal year. Analysts have raised earnings estimates by 5-9% for FY26 and FY27 supported by expectations of better top line growth and control on consolidated revenue and net profit grew 20% and 8% year-on-year to Rs2,730 crore and Rs345 crore, respectively. The company stated that it expects gradually improving growth in the core categories on the back of moderating retail and food inflation as well as the promise of a normal monsoon higher raw material costs and advertising, sales and promotion (ASP) expenses pulled the operating margin before depreciation and amortisation (EBITDA margin) down to the 12-quarter low of 16.8%, which was also 260 basis points lower than the year-ago level. As a percentage of revenue, ASP spends was 11.2%, up from 9.9% year-ago as the company focussed on strengthening brands amid intense competition. The input costs relative to revenue increased to 51.4% in the March 2025 quarter from 48.4% in the year-ago period. According to brokerage reports, prices of key inputs including copra and vegetable oils increased by 25-48% Lilladher Capital expects prices to remain high in the near term. 'The usual 18–24 months pricing cycle has been extended, and copra prices are predicted to remain high in the June 2025 quarter,' the brokerage noted in a report. It expects margin pressures to subside after the first half of India business, which contributes over 75% to the top line, growth in volume and revenue was at a 14-quarter high in the three months ended March 2025. Volume grew by 7% compared with a 3% growth in the year-ago quarter. Revenue grew by 23% to Rs2,068 business, comprising the company's products in the haircare, food and beauty segments sold in over 25 countries, registered constant currency growth (CCG) of 16% in the March 2025 quarter. The growth rate has gradually improved from 6% in the December 2023 quarter despite macroeconomic headwinds and currency company expects to achieve a double-digit EBITDA growth in FY26 compared with 4% growth in the March quarter aided by margin expansion in the foods segment and a stronger product mix in international has upgraded Marico to 'BUY' from 'Add', raising the target price by 16% to Rs810 while raising earnings estimates by 5-9% over FY26-27. Elara Capital has reiterated its 'Accumulate' rating while increasing the target price to Rs785 from Rs752. The stock was last traded at Rs 720 on Tuesday on the BSE.
Business Recorder
05-05-2025
- Business
- Business Recorder
Gold prices soar on global hike
KARACHI: Gold rebounded strongly on Monday as global market again crossed $3,300 per ounce, traders said. Soaring by mammoth gains of Rs7,800 and Rs6,687, gold prices reached Rs350,000 per tola and Rs300,068 per 10 grams, respectively? according to All Pakistan Sarafa Gems and Jewelers Association. Domestic silver prices grew by Rs43 and Rs27, settling for Rs3,425 per tola and Rs2,936 per 10 grams, respectively, the association added. It is worth noting that the open market may trade gold and silver at rates differing those announced by the association. Copyright Business Recorder, 2025
