Aditya Birla Fashion and Retail (ABFRL) reported a 94 per cent drop in consolidated net profit of Rs 11.21 crore for the third quarter ended December 2022, compared to a net profit of Rs 196.80 crore in the previous fiscal’s October-December quarter, as per company’s regulatory filing.. However, its income from operations climbed by 20.1 […]
Ambuja Cements reports a 46 per cent increase in its standalone profit to Rs 368.99 crore in the quarter ending 31 December 2022 as compared to Rs 252.81 crore in Q3FY22. The company’s income from operations increased 10 per cent year on year to Rs 4,128.5 crore from Rs 3,739.9 crore. EBITDA (Earnings Before Interest, […]
Gifting as an industry is getting more personalised. The discerning audience is seeking more and more products which have an emotion attached to it, said Vikaas Gutgutia, MD Founder FNP (Ferns N Petals) “Instead of sending a simple bouquet or a cake and a card, consumers want to go that extra mile so that the […]
Cantabil Retail India on Tuesday posted a 12.79 per cent in profit after tax (PAT) to Rs 26.95 crore for the quarter ended December 2022, against Rs 23.71 crore in the year-ago period. According to a statement shared with exchanges, revenue went up 23.82 per cent to Rs 163.10 crore, against Rs 131.72 crore in […]
“The Budget 2023 is hopeful for the whole Indian economy, as well as for consumers’ pockets,” said Varun Moolchandani, Executive Director-Archies. Despite the rising tax on soft toys, the Chinese toys industry, Archies, is optimistic about the future year. Moolchandani said that the government’s action is to boost the “Made in India” movement. “We delivered […]
Palate Fest 2023, the original and largest culinary festival in the Indian subcontinent, was hosted on the 4th and 5th of February 2023 in partnership with Mirchi Live. The two-day food festival was designed to satisfy discriminating palates of all ages with a variety of gastronomical delights. The new venue was selected at Aerocity, to […]
Kansai Nerolac Paints (KNPL), one of the leading Paint companies in India, today at the Board meeting announced its unaudited results for the third quarter of financial year 2022-23. For the quarter, the company earned Net revenue from operations of Rs. 1717.1 crore, a growth of 1.4 per cent over the corresponding quarter of the […]
Gold started the new year on a cheery note, up ~6 per cent in January in dollar terms and ~4 per cent in rupee terms. Underpinning the rally was annual inflation in the US slowing for a sixth straight month to 6.5 per cent in December, raising hopes of smaller rate hikes from the Federal […]
Agrochemical company India Pesticides (IPL) on Monday posted a 19.39 per cent decline in net profit to Rs 34.8 crore for the quarter ended December 2022, against Rs 43.17 crore during the previous quarter ended December 2021. According to a company statement shared with the exchanges on Monday, sales rose 14.53 per cent to Rs […]
Apple CEO Tim Cook has called India a “hugely exciting market” for the company. Speaking at the company’s earnings call on Thursday, Cook stated that India will be a “major focus” for the company, which is looking to choose the country as an alternative production base to China and as a source of growth, Nikkei […]
