Gold Silver Reports (GSR) – Venky’s Pares Losses After Q4 Profit Gains – Shares of the Pune-based company parred losses and rose as much as 2.4 percent to Rs 3,999 after its profit gained in March quarter.
Key earnings highlights (Q4FY18, YoY)
✅ Net Profit up 22.8 percent at Rs 51.2 crore.
✅ Revenue up 20.3 percent at Rs 741.6 crore.
✅ Ebitda up 11.8 percent at Rs 100 crore.
✅ Margin at 13.5 percent versus 14.5 percent.
SEBI’s Move To Simplify Choice For Mutual Fund Investors Hasn’t Worked
India’s stock market regulator’s aim to standardise mutual fund schemes in the country to avoid confusion and simplify choice for investors hasn’t had much success as the number of total plans has actually gone up.
