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Indiamart’s Reports 60.68% Rise In Q3

Indiamart Intermesh, reported a 60.68 per cent increase in total net profit to Rs 112.8 crore for the third quarter ended on 31 December, the company said in its regulatory filing. In the October-December quarter a year earlier, the business reported a consolidated profit of Rs 70.2 crore, it said. Its consolidated income from operations […]

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Brands Food/Entertainment News

PVR Reports Net Profit Rs 16.15 Cr In Q3

PVR announced a total net profit of Rs 16.15 crore for the third quarter ended December 31, 2022, aided by increases in key performance parameters. According to a regulatory filing, the business incurred a combined loss of Rs 10.18 crore a year earlier. Its consolidated income from operations increased by 53.17 percent in the third […]

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Asian Paints’s Net Profit Rises 6.4% To Rs 1,097 Cr In Q3

Asian Paints reported an increased consolidated net profit by 6.4% to Rs 1,097.06 crore in the third quarter ended December 2022, according to a regulatory filing on Thursday. According to the statement, the business made a consolidated net profit of Rs 1,031.29 crore in the same period previous year. The company’s consolidated income from operations […]

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HUL’s Net Profit Increases By 12 % To Rs 2,505 Cr In Q3

Hindustan Unilever (HUL) reported Rs 2243 crore in profit. According to the company’s regulatory filing on Thursday, its standalone net profit climbed by 12 percent to Rs 2505 crore in the December quarter (Q3FY23). The FMCG behemoth’s standalone income from operations was Rs 15,228 crore, up 16 percent from Rs 13,092 crore in the previous […]

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ReshaMandi Records 3 Times Revenue Growth At Rs 1,248.3 Cr In First 3 Quarters Of FY23

ReshaMandi, a natural fibre supply chain startup, stated in a media statement on Wednesday that its revenue has increased thrice in the first three quarters of FY23 to Rs 1,248.3 crores. The firm expects to achieve EBITDA profitability in the third quarter of fiscal year 2022-23 and to achieve net profit in the following two […]

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Brands News

Cantabil Retail Announces Opening Of 10 New Exclusive Stores In Dec’22

Cantabil Retail India, an apparel manufacturer and retailer, has announced the opening of 10 new exclusive retail outlets, as part of its robust strategy to grow the retail portfolio. The new apparel and accessories stores have been opened in different states including Nagaland, Gujarat, Himachal Pradesh, Madhya Pradesh, Rajasthan, Haryana and Punjab in the month […]

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Clovia Appoints Nikhil Gulati As Business Marketing Head

Nikhil Gulati has been named Head of Business Marketing at Clovia, India’s D2C fashion, lingerie, and personal care brand. He has over ten years of experience in senior business and marketing positions. As part of his new job, Nikhil will be in charge of Clovia’s brand marketing, with the goal of making the brand a […]

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Brands News

DA MILANO Expands Presence With Launch Of 7 New Stores In India

Da Milano, renowned for its authentic Italian design and artisanship, is thrilled to announce the launch of 7 new stores in India within one month. These stores will be located in Indore, Amritsar, Goa, Lucknow, Ahmedabad, Hyderabad, and Pune, expanding the brand’s presence across the country. The company is proud to continue growing its family […]

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FMCG ITC To Acquire 100% Stakes In ‘Yoga Bar’

FMCG major ITC will buy a 100% share in Bengaluru-based healthy snack firm Yoga Bar, according to its regulatory filing on Tuesday.  Over the next three to four years, the tobacco-to-food behemoth will acquire 100 per cent of Yoga Bar’s parent firm, Sproutlife Foods (SFPL). The business stated that it will buy 47.5 per cent […]

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Brands News

LG Invests Rs 200 Cr In Pune Based Plant To Manufacture Side-By-Side Refrigerators

LG Electronics India has invested Rs 200 crore in its Ranjangaon, Pune-based plant to establish a new line for producing the premium range of side-by-side refrigerators. The new plant, which will be equipped with latest technology and machinery and would cost over Rs 200 crore, is expected to produce 2 lakh side-by-side refrigerators each year, […]

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