Shoppers Stop reported an 18.86 per cent drop in total net profit to Rs 62.74 crore in the third quarter ended 31 December 2022 on Monday. In the same time last year, the business reported a consolidated net profit of Rs 77.32 crore, according to a regulatory filing. It noted that consolidated income from operations […]
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has launched its first café outlet – ‘BeCafe’ – Brewing Journeys, at M/s Gurunanak Service Station, Haldwani in Uttarakhand enroute major tourist locations along Nainital, Bhimtal corridor. The inauguration of the café was done by Rajiv Dutta, Head (Retail) BPCL, Northern Region. […]
SB Packagings, a leader in the hygiene and recyclable packaging industry in India, and Constantia Flexibles, a leading global player in the flexible packaging industry, today announced they have entered into a joint venture (JV). This merger of SB Packagings, backed by Premji Invest, and Constantia India’s operations is in line with the vision of […]
Reliance Retail’s e-commerce affiliate JioMart has increased its active client base on Whatsapp by 37 per cent month on month. It further stated that the number of orders on JioMart on Whatsapp has surged ninefold since its inception, according to the company’s quarterly report, Jiomart and Whatsapp announced the integration of the online shopping platform […]
The leading manufacturer of low-glycemic foods in India, Diabexy, recently made an appearance on Shark Tank India season 2, where they displayed their innovative product line and got great feedback. The business, which now has a team of over 35 people, has had a significant impact on the Indian market as well as on other […]
Apple wants India to account for up to 25 per cent of its output, up from 5 per cent-7 per cent, according to the commerce minister, as the iPhone manufacturer continues to shift production away from China. Piyush Goyal touted India as a competitive manufacturing site, citing Apple as another success example. Apple already manufactures […]
Meghmani Organics announced commissioning of Phase 1 of Titanium Dioxide (TiO2) plant at Dahej, Gujarat with an installed capacity of 16,500 metric tonnes per annum (MTPA), as per the company’s regulatory filing. Meghmani paid an upfront payment of Rs. 132 crore to buy Kilburn Chemicals in December 2021. Following that, the business invested total expenditure […]
UltraTech Cement, reported a 38 per cent drop in quarterly earnings on Saturday, owing to an increase in expenditures. Profit for the three months ended December decreased to Rs 1,062 crore (USD 131.2 million) from Rs 1,710 crore the previous year, according to an exchange report by UltraTech. Consolidated revenue from operations was 15,520.93 crore […]
Reliance retail on friday reported a 6.2 per cent Year-on-year (YoY) rise in its profit at Rs 2,400 crore compared to Rs 2,259 crore in the same quarter last year. Its revenue from operations grew by 18.6 per cent YoY to Rs 60,096 crore. In the previous year it had posted a revenue of Rs […]
Dodla Dairy’s net profit increased 31.76 per cent to Rs 35.39 crore in the quarter ended December 2022, from Rs 26.86 crore in the preceding quarter ended December 2021, as per the company’s regulatory filing. In the quarter gone by, sales increased 17.43 per cent to Rs 675.43 crore, up from Rs 575.19 crore in […]
