V Retail, a Telangana and Andhra Pradesh-based footwear and clothing retailer that operates a retail chain under the brand name ‘Centro Style,’ has been bought by Reliance Retail. V Retail runs 32 Centro shops in the Andhra Pradesh, Telangana, and Karnataka markets. With the purchase of V Retail (Centro Footwear), Reliance Retail improved its product […]
Bikanervala, country’s leading manufacturer of traditional Indian savouries and sweets, and that also provides multi-cuisine experience at its dine-in outlets, launched its tenth restaurant in the city today. The new outlet is located at Golf Course Extension Road in Sector 57, Gurgaon. With the opening of this Quick Service Restaurant (QSR) format outlet in the […]
Surya Roshni, a manufacturer of steel pipes and electrical equipment, has received orders worth Rs 147.30 crore from Indian Oil Corporation (IOCL) and GAIL for the delivery of various types of pipe products. According to an exchange filing, the business secured an order from Indian Oil for the delivery of API-SL coated pipes and bare […]
Havells reported a 7.2 per cent fall in net profit for the December 2022 quarter, to 283.54 crore, on Thursday. Havells reported a net profit of 305.92 crore in the previous fiscal year in a regulatory filing. Havells’ revenue from operations increased by 12.8 per cent to 4,119.71 crore in the quarter under review, up […]
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 […]
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 […]
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 […]
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 […]
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 […]
Absence of a policy and a separate Ministry for Internal Trade is an ample testimony of the apathy towards the trading community. This has been stated by the Confederation of All India Traders (CAIT), in a communication sent to Union Finance Minister Nirmala Sitharaman on Thursday. The communication assumes much significance as it has been […]
