sign in sign up
<<
Home , Integral Coach Factory

• ••••••••••• • • ••••••• wip'. ·.··rci"ifi: • • •••••••...... • •••••• • • •• •

April 27, 2018

The Manager - Listing BSE Limited (BSE: 507685)

The Manager - Listing National Stock Exchange of Limited. (NSE: WIPRO)

Dear Sir/Madam,

Sub: Newspaper Advertisement- Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the Financials published in newspaper of Hindu Business Line and Vijaya Karnataka. The same has been made available on the Company's Website www.wipro.com.

Thanking You,

For WIPRO LIMITED

'i'·~ M Sanaulla Khan Company Secretary

Registered Office:

Wipro Limited T : +91 (80) 2844 0011 Doddakannelli F : +91 (BO) 2844 0054 Sarjapur Road E : [email protected] Bengaluru 560 035 W : wipro.com India C : L32102KA1945PLC020800 BL /1 News_03 User: cci 21:06:28 Replate Reason:

BusinessLineBENGALURU NEWS 5 THURSDAY • APRIL 26 • 2018

ICF eyes making coaches for metro rail systems; Metro is ‘first choice’

TE RAJA SIMHAN at Kapurthala, Modern Coach Chennai, April 25 Factory at , Bom- Integral Coach Factory (ICF), a bardier, Alstom and BEML, he rail manufacturing unit of the said. , has set its eyes on manufacturing coaches for Train 18 project various metro rail systems. In Mani said intercity Shatabdi fact, it wants to grab a decent trains will be replaced with share in the growing metro train sets without locomotive coach market, which is cur- manufactured at ICF under the rently dominated by multina- project called Train 18. tional companies such as Al- Except a small driver cabin, stom and Bombardier,acouple the entire train will carry pas- of Chinese companies and the sengers. Shatabdi trains have state-owned BEML. 16 coaches plus two locomot- Its entry into the metro rail- ives. However, in Train 18, the way system is taking time as Toot toot ICF’s 160 kmph speed train under production at its two locomotiveswill make way most of them in the country for coaches. There will be no re- factory in Chennai BIJOY GHOSH operate in standard gauge versal in locomotive going (SG). ICF had never built a SG “We will bring down price by Around 550 km isunder con- from one end to another and coach as it operates predomin- ₹3-4 crore per coach (each is struction in various cities, in- trains can accelerate much antly in the broad gauge space priced at around ₹10 crore cur- cluding Delhi and NCR, Kolk- faster, he said. (it, however, supplies coaches rently) without affecting qual- ata, Chennai, Jaipur, Mumbai, to which oper- ity,” he told BusinessLine. , Ahmedabad, Nagpur Project ates in broad gauge). There is a big difference in and Lucknow. And, to replace Rajdhani Ex- ICF’s earlier attempts to bid design for SG (1,435 mm) and Around 3,500 metro cars press, ICF has project Train 20, for metro rail coaches did not BG coaches (1,676 mm). ICF is have been orderedby domestic which will be a full aluminium succeed due to lack of prior capable of designing and man- metro operators across 13 cit- body train. The first train will experience. ufacturing metro coaches, he ies. Nearly3,000 metro cars are be made abroad, and the rest added. likely to be procured in the manufactured at ICF. Cost-effective rakes It will start small by manu- next five years across cities “We called for bid once but “We would never have it unless facturing one rake, run it on with Mumbai and Delhi order- not successful. We will call bids we get an order.We are now try- trial and then ramp up.“Future ing major quantities, said again. We should have it by the ing to work with Chennai is good with so many metros , sources. end of 2020. That’s why we call Metro Rail Ltd to get the first or- and we would like to be part of In 2018-19, ICF will manufac- it as Train 20,” he said. der. Under Make in India, ICF this metro story,” he said. ture over 3,000 coaches, which In 2017-18, ICF earned a rev- will befavouredwith an order,” The government data says will be 500 coaches more than enue of around ₹5,500 crore said Sudhanshu Mani, General that at present, around 324 km the previous year. ICF’s produc- and this year, it will increase to Manager, ICF, adding “being of metro rail is operational in tion of 2,500 coaches last year around ₹7,500 crore because our neighbour, Delhi and NCR, Gurgaon, Kolk- was higher than the combined of extra 500 coaches to be man- is the first choice”. ICF prom- ata, Chennai, Bengaluru, Jaipur numbers of five manufactur- ufactured and switching over ises to lower the cost. and Mumbai. ing units — Rail Coach Factory to stainless steel coaches. Tata Motors initiates ‘Turnaround 2.0’ to gain passenger-vehicle market share

ABHISHEK LAW Maruti, Hyundai and (across its portfolio) from Kolkata, April 25 Mahindra being the top April. This was done to offset Tata Motors has already put in three. rising input costs such as cop- place a turnaround plan to per, steel and rubber. gain market share in the pas- Rising input costs senger vehicle (PV) segment. Tata Motors has adopted a Focus on EVs The company, buoyed by wait-and-watch policy on the Butschek also did not rule out the turnaround of its com- movement of aluminium the company’s focus on elec- mercial vehicles (CV) division prices. tric vehicles (EVs). Tata Motors in the last financial year, has Areport by ICRA says that has so far delivered some 200- now initiated a similar pro- post the US imposing sanc- odd fully electric Tigors, its gramme – called ‘Turnaround tions on Rusal, one of the compact sedan. 2.0’ – for its PV segment. Guenter Butschek, leading aluminium manufac- First-time buyers continue According to Guenter CEO & MD, Tata Motors turers globally, prices of the to be a huge opportunity that Butschek, MD and CEO, parts metal have sky-rocketed by 30 can be tapped in the EV of the turnaround plan (for commercial vehicle segment per cent over the last few segment. the PV segment) were put in and regained market share. weeks. The automobile in- Pointing out that EVs were place last fiscal onwards. We demonstrated that we dustry, one of the key users of the need of the hour, the MD Under Turnaround 2.0, the could de-bottleneck the sup- aluminium, is likely to be im- and CEO said Tata Motors was company’s efforts will be to ply chain. Now, we are look- pacted by the sudden spurt in open to experimenting with enable its PV business to be ing to implement the turn- prices. (Aluminium along electrification of fleet of dif- “self-funding and profitable”, around plan for passenger with its alloy accounts for ferent commercial operators. build confidence and accept- vehicle business,” he said on about 10 per cent of the Commercial fleet sales, at ability for its portfolio from the sidelines of the inaugura- weight of a hatchback.) present, account for 10-12 per old and new buyers, which in- tion of a new PV showroom “Let’s wait and see how it cent of the total vehicle sales turn will lead to a gain in mar- here. develops,” Butschek said. of the company. ket share. Tata Motors is the Number He, in fact, pointed out that “We have a plan and are in “With Turnaround 2.0, we Four passenger vehicle- the company has already ini- active discussion with such focussed on the domestic maker in the country with tiated a price rise of ₹60,000 fleet operators,” he said.

Nalco hopes to double margin DCM Shriram net dives 68% in in FY19 on strong demand fourth quarter

SHOBHA ROY Nalco, being a vertically in- OUR BUREAU Kolkata, April 25 tegrated player with a captive , April 25 State-owned National Alu- bauxite mine, alumina re- Drop in sugar and molasses minium Company (Nalco) ex- finery and a captive power price and dearer cane prices pects its EBITDA (earnings be- plant, will stand to benefit brought down profit mar- fore interest, tax, depreciation from the improved demand gins of DCM Shriram by and amortization) margin to and better prices, Roy said. nearly two-thirds year-on- nearly double in FY19. “Nalco’s profitability and year in the fourth quarter, a According to the CMD, overall cash flows are likely to company statement said on Tapan Kumar Chand, EBITDA Tapan Kumar Chand, improve significantly this year Tuesday. margin, which was close to 20 CMD, Nalco if the pricing environment re- Net revenue was ₹1,566 per cent at the end of Q3 FY18, mains as expected,” he said. crore, which was 3 per cent could improve to 40 per cent According to Jayanta Roy, lower than ₹1,616 crore in by the end of FY19 backed by Senior Vice-President, ICRA, Expansion plans the fourth quarter of fiscal the firming up of demand and the US sanction on Rusal not- Talking about the expansion 2017 and profit after tax prices of both alumina and withstanding, prices have plans, Chand said, the ground- slumped by 68 per cent to aluminium. been on the rise following a breaking ceremony for the ₹51 crore compared to the “Prices of alumina and alu- deficit in the global alu- company’s one million tonne corresponding period last minium have been firming minium market due to capa- alumina stream at its Daman- year. up, if this trend is maintained, city cutbacks in China. jodi refinery in Odisha is ex- For the whole year, the net then we expect our margins to “Despite the recent relaxa- pected to happen soon. revenue stood at ₹6,900 double by the end of FY19,” tion on Rusal, the deficit in Nalco, which has an existing crore which was 19 per cent Chand told BusinessLine on global aluminium industry is capacity of 2.27 million higher than ₹5,788 crore in the sidelines of ‘The People likely to give a cushion to tonnes, is investing close to fiscal 2017 and profit after Management Conclave’ organ- prices,” he said. ₹5,500 crore on this tax rose by 21 per cent to ised by the Bengal Chamber of Prices of alumina, the semi- expansion. ₹670 crore. Commerce and Industry here processed material used to “We have received all the ne- DCM Shriram board re- recently. make aluminium, have also cessary clearances. We hope to commended a final di- Aluminium prices have been on the rise, touching a re- go for the ground-breaking vidend of 40 per cent to its been on an upswing since Au- cord high of $718 a tonne com- soon. This expansion will shareholders, the release gust 2017 on the back of global pared to $300-310 a tonne in shore up our revenues and said. deficit in production. Alu- the same period last year. profits are likely to increase by DCM Shriram said it took minium prices on the London According to Chand, alu- ₹250 crore,” he said. an inventory write down of Metal Exchange (LME) are cur- mina prices could stabilise The company also hopes to ₹185 crore as “selling prices rently ruling around $2,250 a around $600 a tonne. Every commence mining from its were substantially below the tonne (up from $1,900 a tonne $20 a tonne increase in price captive Utkal-D and E coal costs”, it said. in April 2017). of alumina and $40 a tonne blocks by the first quarter of While the revenue from its Prices had increased to rise in price of aluminium FY19. chemicals business in Q4 $2,600-2,700 a tonne over the give Nalco an additional “We currently buy close to went up by 89 per cent, the last two weeks following the EBITDA of ₹290 crore, he said. 1.2-2 million tonnes of coal revenue from sugar busi- US imposing sanctions on Rus- Apick-up in demand follow- through auction. Once we ness was down by 29 per sia’s Rusal - the biggest produ- ing a growth in construction, commence our mining, our cent year-on-year, thanks to cer of aluminium after China. infrastructure and auto- cost would come down by drop in volume by 14 per However, it softened later with mobile sectors will also aid in ₹2,000 a tonne resulting in cent and 13 per cent slump in the US giving Rusal more time shoring up the company’s overall savings of close to sugar price, the statement to comply with sanctions. margins. ₹400 crore,” he pointed out. said

CM YK ...... BG-X