Shares of consumer ware firm Cello World made their stock exchange debut on Monday with a premium of around 28 per cent against its initial public offering (IPO) issue price. The shares were listed at around Rs 831, over its issue price of Rs 648 on the Indian exchanges. At the time of filing the […]
Emami on Monday reported a 3 per cent year-on-year *(YoY) dip in its net profit for the quarter gone by at Rs Rs 178.5 crore as compared to Rs 184.18 crore in the same quarter previous year. However, the company’s revenue from operations for the quarter was rose by 6.23 per cent YoY at Rs […]
Snowman Logistics on Monday reported a 14 per cent year-on-year (YoY) rise in its revenue for the quarter that ended on 30 September 2023 at Rs 124.02 crore, compared to Rs 108.62 crore for the same period in the previous year. Its Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) increased to Rs 25.54 crores […]
Taiwanese chipmaker Foxconn has registered strong year-end holiday sales and said customers were buying well in China and the United States. The company’s sales stood positive for the same season last year. The fourth quarter is traditionally the busiest season for Foxconn as the race is to supply smartphones, tablets and other electronics to major […]
Logistics company Delhivery reported a consolidated net loss of Rs 103 crore in the second quarter ending 30 September 2023, marking a reduction from the Rs 254 crore net loss in the corresponding period last year, as per a regulatory filing. Total income increased to Rs 2,042.98 crore from Rs 1,883.38 crore in the previous […]
FMCG major Marico anticipates a rebound in revenue growth in the second half of the fiscal year, with expectations of improving rural demand, according to Managing Director and CEO Saugata Gupta. The company has adjusted prices following a softening of inflation in the domestic market over the last two quarters, impacting revenue growth but aiding […]
The food delivery app Zomato on Friday reported a net profit of Rs 36 crore for the quarter gone by, compared to the loss of Rs 251 crore the previous year in the same quarter. The company’s consolidated revenue from operations for the quarter ended also increased to Rs 2,848 crore, compared to Rs 1,661 […]
Dun and Bradstreet (D&B) in its economy observer report has predicted that the festive season, spanning from August to November will boost consumer spending. Coupled with public sector spending, this is poised to stimulate industrial activity. Nonetheless, the presence of geopolitical conflicts poses a risk to global economic activity, potentially stalling the growth momentum seen […]
Akzo Nobel India, the paints and coatings company and maker of Dulux Paints on Thursday reported a 44 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 94.2 crore for the quarter gone by, compared to Rs 65.4 crore previous year in the same quarter. The company’s revenue from operations grew by […]
mPokket – a digital lender, on Thursday, announced its plans to provide customer service in local languages, including Telugu, Kannada, Hindi and more. In line with these plans, the digital lender will be expanding its operations to many new cities by the end of FY24. With a significant 35-40 per cent of its current customer […]
