ITC on Monday reported a 6.51 per cent increase in consolidated net profit to Rs 5,400.51 crore for the December 2023 quarter due to a resilient performance by the FMCG vertical compared to a consolidated net profit of Rs 5,070.09 crore in the October-December period a year ago, according to the regulatory filing. Its gross revenue […]
Asian Paints revealed a tax demand of Rs 13.83 crore, accompanied by a penalty of Rs 1.38 crore, from the Deputy Commissioner of State Tax, Chennai, Tamil Nadu. Under the Central Goods and Services Tax Act, 2017, and corresponding regulations, the demand pertains to the additional tax on outward supplies and disallowance of Input Tax […]
Tata Coffee reported a 44.71 percent drop in consolidated net profit for the December quarter to Rs 38.40 crore on Tuesday. Tata Coffee (TCL) reported a consolidated net profit of Rs 69.46 crore in the previous fiscal year in a regulatory filing. Consolidated total income for the quarter increased by 19.13 percent to Rs 754.76 […]
The equity shares of Kamdhenu Ventures (Kamdhenu Paints) were listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange on Tuesday (BSE). Kamdhenu Ventures is Kamdhenu Limited’s demerged paints company. The parent business, Kamdhenu, issued one equity share of Kamdhenu Ventures for every existing share of Kamdhenu under the demerger programme. The […]
Tata Consumer Products Ltd (TCPL) announced on Thursday that it has acquired 23.3 per cent more shares in South Africa-based Joekels Tea Packers through a step-down subsidiary for Rs 43.65 crore. Tata Consumer Products Overseas Holdings Ltd (TCP Overseas), a step-down wholly-owned subsidiary of Tata Consumer Products UK Group, “has decided to purchase 23.3 per […]
