In the second quarter ending on 30 September 2023, revenue from operations for Blue Star surged by 19.47 per cent to reach Rs 1,890.40 crore, compared to Rs 1,582.29 crore during the same period the previous year. The consolidated operating profit (PBIDTA excluding other income) for Q2 FY24 showed significant improvement, reaching Rs 122.69 crore […]
Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola in India, witnessed a significant upturn in its financial performance for the fiscal year 2023. Data accessed from the business intelligence platform Tofler revealed that HCCB’s net profit more than doubled, soaring to Rs 809.32 crore for FY23. This impressive result followed a 41.51 per cent […]
Tata Consumer Products (TCPL) has reported a consolidated net profit of Rs 359.18 crore for the September quarter of FY24, indicating a modest growth of 1.18 per cent compared to Rs 354.98 crore in the same quarter of the previous financial year. The group’s consolidated net profit stood at Rs 363.98 crore. The company reported […]
Procter & Gamble Hygiene and Health Care reported a surge of 36.44 per cent in its net profit at Rs 210.69 crore for the first quarter ending in September, compared to the same quarter last year. The company, which follows the July-June financial year, had reported a profit after tax of Rs 154.41 crore in […]
TVS Motor Company’s operating revenue grew by 13 per cent at Rs 8,145 crore for the quarter ended September 2023 as against Rs 7,219 crore reported in the quarter ended September 2022. The Company’s Operating EBITDA grew by 22 per cent at Rs 900 crore for the second quarter of 2023-24 as against EBITDA of […]
UltraTech Cement is all set to invest Rs 13,000 crore to increase the capacity by another 21.9 mtpa with a mix of brownfield and greenfield projects, taking its total capacity to 182 MTPA after completion. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Over the past seven years, UltraTech has strategically invested over INR 50,000 […]
Reliance Retail on Friday reported an 18.8 per cent year-on-year (YoY) rise in its gross revenue to Rs 77,148 crore for the quarter that ended 30 September 2023 compared to the last year at Rs 64,920 crore. The company reported a surge in revenues driven by robust growth across various consumption categories, with strong performances […]
IndiaMART reported consolidated revenue from operations of Rs 295 crore in Q2 FY24, a growth of 22 per cent YoY. Consolidated profit before tax was at Rs 93 crore and consolidated net profit for this quarter was Rs 69 crore representing a margin of 28 per cent and 21 per cent respectively. Standalone revenue from […]
Rajeev Chandrasekhar, Minister of State for Information Technology today announced that the Tata group will start making iPhones from India for domestic and global markets. This after the Tata Group took over Wistron operations in India. The minister said this was a resounding testament to Prime Minister Narendra Modi’s transformative vision for India’s electronics manufacturing […]
Hospitality leader Oyo, headed by Ritesh Agarwal, has reported a significant increase in revenue and a narrowed loss for fiscal year 2023 as it moves closer to a public listing. In FY23, Oyo, formally known as Oravel Stays, recorded consolidated revenue from operations of Rs 5,463.9 crore, compared to Rs 4,781.3 crore in FY22. The […]
