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The robust growth in net profit despite moderate revenue growth was on the back of a stark improvement in operational performance. The tyre makers earnings before interest, taxes, depreciation and amortization or EBITDA for the quarter rose more than twofold on year to Rs 1,129.09 crore. As a result, the operating margin expanded by a staggering 1,038 basis points to 18.55%. ....
ESAF Small Finance Bank IPO to open, MRF, JSW Infra, Zomato, IndiGo Q2 results in Top News on November 3: NTPC among ex-dividend stocks, share markets, Bank Nifty, currency outlook also in focus. ....