The 0.5 % increase in costs and expenses in the year under review (reported: +5.4 %) was primarily driven by higher roaming costs as well as revenue-related salesforce costs and commissions. The slightly higher costs and expenses were more than offset by revenue growth, which led to an EBITDA increase of 9.6 % year-on-year (reported: +22.4 %).
Stocks in the news: Axis Bank, HCL Tech, Bank of India, Praj Industries, Ceat, Persistent, Mindtree – Siyaram Silk Mills Q3: Profit falls to Rs 20 crore versus Rs 22.43 crore; revenue rises to Rs 446.3 crore versus Rs 393.60 cr.
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programme) of Rs 1,000 crore (enhanced from Rs 500 crore). Ramco Systems: Loss at Rs 2.9 crore versus profit at Rs 4.
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