Voltas Q2 Profit Slumps 74% Hit By GST Cut, Weak Summer Demand
Voltas reported a 74% drop in Q2 profit as weak summer demand and GST-linked purchase deferrals hit sales, with revenue and margins falling short of estimates.
Voltas reported a 74% drop in Q2 profit as weak summer demand and GST-linked purchase deferrals hit sales, with revenue and margins falling short of estimates.
Orkla India posts a 7.3% drop in Q2 profit even as revenue and key categories grow; EBITDA hit by festive spends and one-time GST costs.
IKEA India reports 6% sales growth to Rs 1,860.8 crore in FY25; focuses on online expansion and aims for profitability by 2027.
Aditya Birla Fashion Q2 loss narrows to Rs 90.9 crore as revenue rises 7.5 per cent, driven by ethnic and lifestyle brands; demerger review underway.
Whirlpool India’s Q2 profit drops 22% to ₹42 crore as E-waste costs and softer sales hit margins; revenue down 3.8% to ₹1,647 crore.
AI drives surge in observability investments as retailers seek to cut downtime and protect revenue during peak shopping seasons Retailers are increasingly investing in observability tools to ensure smooth digital experiences and minimise costly outages, as retailers lose a median of USD 1 million for every hour of downtime. The impact remains steep during high-traffic […]
TABP Secures $3 Million to Scale Bharat Beverage Push
V2 Retail raises ₹400 crore through an oversubscribed Qualified Institutions Placement, backed by strong demand from leading domestic and foreign institutional investors.
Urban Company posts Rs 59.3 Cr loss in Q2 FY26 as heavy investments in Insta Help weigh on profits despite 37% rise in revenue.
Godrej Consumer’s Q2 profit fell 6.5% to Rs 459 crore as GST-led disruptions hit sales, though revenue grew 4%. Company to buy Muuchstac brand for Rs 450 crore.