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Nykaa’s Revenue Crosses Rs 5000 Cr And EBITDA Margin Improves To 5% Of Net Revenue

Nykaa announced its financial results for the quarter and full year ended March 31, 2023 on May 30 2023. Over the last two years, Nykaa has continued to prioritize growth, profitability and creating long-term sustainable value for shareholders, customers and the larger ecosystem. India’s BPC market today stands at USD 21 billion, having grown from […]

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Companies Health & Beauty News

Dr Lal PathLabs Reports Q4 Earnings: Net Profit Falls 7.5% YoY To Rs 56.7 Crore From Rs 61.3 Crore

Dr Lal PathLabs recorded a decline of 7.5 per cent, reporting a net profit of Rs 56.7 crore in the quarter ended in March 2023, compared to Rs 61.3 crore in the same quarter last year. In the fourth quarter of the fiscal year 2022-23, the company’s operating revenue saw a slight increase of 1.1 […]

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Brands Companies Health & Beauty News

Ajanta Pharma’s Net Profit Falls By 19% In Q4, While R&D Cost Increases By 7%

The mid-sized company, Ajanta Pharma ended today’s trading session with a market value of 16,201.44 crore. It is a specialised pharmaceutical company that provides top-notch medicines in more than 30 different countries throughout the world. Ajanta Pharma said that its net profit stood at Rs 122 crore during Q4FY23 down by 14 per cent YoY […]

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Health & Beauty News

AstraZeneca Gets Approval To Import Breast Cancer Drug In India

AstraZeneca Pharma India Ltd., a science-led biopharmaceutical company, on Wednesday announced that it has received approval from the Drug Controller General of India (DCGI) for the cancer drug Trastuzumab Deruxtecan for the treatment of metastatic breast cancer. Trastuzumab Deruxtecan is a specifically engineered HER2-directed antibody-drug conjugate (ADC) being jointly developed and commercialised by AstraZeneca and […]

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Health & Beauty News

Shoppers Stop Reports Quarterly Profit After Strong Demand For Beauty Products

Shoppers Stop, a department store, reported a quarterly profit after a loss a year ago on Wednesday. The company benefited from strong demand for beauty products and higher margin private-label clothing, as high-income shoppers splurged on clothes and accessories during the wedding season between January and March, returning to their pre-pandemic lifestyles. Cooling inflation and […]

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Brands Health & Beauty News

Recode Studios’s Expansion Plans: Targets Rs. 50 Cr Revenue In FY24 and 20 New Store Openings

Recode Studios, one of India’s makeup brands, has announced its plan to generate Rs 50 crore in revenue in the fiscal year 2023-2024. The company aims to achieve this goal through aggressive expansion and innovation in product offerings. It has already made significant progress towards its revenue target, having generated Rs. 26 crore in the […]

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Health & Beauty Interviews News

Nyumi Gummies Targets 300% YoY Growth In FY24

Nyumi gummies are different from other gummies available in the market in several ways, according to Ananya Agarwal, Founder & CEO, Nyumi. “Firstly, the formulation of the products is built in-house with the help of a German pharmacist team, Indian nutritionist as well as our own R&D team. The products have all the basic vitamins […]

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Brands Feature Food/Entertainment Health & Beauty News

Bournvita Controversy Erupts Over Nutrient Claims

Brand controversies have become a common occurrence in recent years, including Amul’s ‘Wuhan Se Yahaan’, FabIndia’s ‘Jashn-e-Riwaaz’ , Dabur’s Karwa Chauth advertisement and many more with recent Mondelez’s health drink brand Bournvita being the latest addition to the list. BW Businessworld has tried to gather all the information in one place to help its readers understand the situation better. How […]

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Brands Food/Entertainment Health & Beauty Interviews

Bisleri’s Sustainable Approach: A Greener Future Through Plastic Circularity and Water Conservation

In an interaction with BW Retail World, Angelo George, Chief Executive Officer, Bisleri International Pvt. Ltd talks about the company’s sustainable approach and how the company is addressing the issues like plastic production and sourcing water from underground aquifers. What is Bisleri’s strategy around sustainability? What are their visions and goals for promoting sustainability in […]

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Health & Beauty News

Shishu, Who Was Born To Fulfill the Need For Natural And Affordable Baby Products

Shishu, a brand that offers natural and organic products for babies and kids, was founded with a simple goal in mind: to provide a premium quality product at an affordable price to parents from Tier 2, 3 cities and rural areas. The founders of Shishu Akshat Agrawal and Abhishek Agrawal, recognised the lack of natural […]

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