EBIT Margin
Target Sales Dip Predicted, But Investors See Rebound On Horizon
consumer News

Target Sales Dip Predicted, But Investors See Rebound On Horizon

Target, a mass-merchandise retailer, is likely to post lower Christmas quarter same-store sales, its third straight quarterly loss, on Tuesday. However, investors believe the store, which sells anything from USD 5 cami tops and USD 25 shorts to USD 100 coffee makers, will be able to increase sales and profits in 2024 as inflation eases, giving buyers more motivation […]

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India's CPG Sector Beats Global Trend with Balanced Growth Despite Inflation
Consumer National News

India’s CPG Sector Beats Global Trend With Balanced Growth Despite Inflation

India’s consumer packaged goods (CPG) sector experienced well-balanced growth in 2023, witnessing an increase in retail sales value coupled with volume gains, according to a report by Bain & Company. The report highlighted a global trend where 75 per cent of growth was attributed to price increases in 2023, yet India stood out as one […]

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Tata Motors Net Profit Surges 2.4X YoY, Exceeds Analyst Estimates
Brands Companies Finance News

Tata Motors Net Profit Surges 2.4X YoY, Exceeds Analyst Estimates

Tata Motors has reported a consolidated net profit that surged 2.4 times year-on-year (YoY) in its Q3 FY24 results, reaching Rs 7,025 crore. This figure exceeded the Rs 4,654 crore estimated by analysts. The company’s consolidated revenue from operations also saw 25 per cent YoY increase, totaling Rs 1.11 lakh crore. Sequentially, the bottom line […]

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