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Parag Milk Foods Reports 121% YoY Rise In Q2 PAT

Parag Milk Foods, a manufacturer and marketer of dairy-based branded products on Thursday reported a 121.1 per cent year-on-year (YoY) rise in its net profit at Rs 251.9 million for the quarter ended on 30 September 2023. The festive momentum started strong with healthy demand across the segments. The total revenue for the quarter stood […]

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Brands Companies Finance News

Ambuja Cements Net Profit Jumps Four-fold To Rs 644 Cr In Q2

Ambuja Cements, owned by the Adani Group, has reported a significant four-fold increase in its standalone net profit, reaching Rs 643.84 crore for the quarter ending in September 2023. This marks a notable surge compared to the net profit of Rs 138.9 crore in the same quarter of the previous year. The company’s standalone revenue […]

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Companies Finance News

IndiaMART Reports 22% YoY Growth In Revenue In Q2 FY24

IndiaMART reported consolidated revenue from operations of Rs 295 crore in Q2 FY24, a growth of 22 per cent YoY. Consolidated profit before tax was at Rs 93 crore and consolidated net profit for this quarter was Rs 69 crore representing a margin of 28 per cent and 21 per cent respectively. Standalone revenue from […]

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Brands Companies Finance News

Asian Paints Q2 Net Profit Rises 53% To Rs 1,232 Cr, Revenue Flat

Asian Paints on Thursday reported a 53.31 per cent year-on-year (YoY) increase in its consolidated net profit at Rs 1,232.39 crore for the second quarter of the financial year 2023-24, compared to Rs 803.83 crore in the same quarter last year.year-ago period. However, the profit declined by 21.74 per cent. The company’s consolidated revenue slightly […]

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Companies Finance News

Paytm’s Payments Revenue Grows 28% YoY To Rs 1,524 Cr, Payments Profitability Improves

India’s leading payments and financial services company and pioneer of QR, Soundbox and mobile payments, Paytm has announced strong June quarter earnings driven by increase in merchants subscription revenues, merchant payment volumes and loan disbursals. In Q2FY24, the company’s revenue surged by 32 per cent YoY to Rs 2,519 crore and its EBITDA before ESOP […]

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Companies News

Reliance Retail Crosses 100 Cr Transactions

Reliance Retail, the subsidiary of Reliance Industries Ltd (RIL), has witnessed a meteoric rise in valuation, surging from Rs 4.28 lakh crore in 2020 to Rs 8.28 lakh crore. The Chairman of Reliance Industries, Mukesh Ambani, disclosed this remarkable feat to investors, highlighting the company’s enduring popularity and sustained investor interest during the 46th AGM. […]

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Beauty Brands Companies News

Nykaa Records 27% Dip In Profit During Q1, EBITDA Surges 60%

Parent Company of Nykaa, FSN E-Commerce, Reports 27 per cent Dip in Q1 Net Profit FSN E-Commerce, the parent company of renowned fashion retailer Nykaa, faced a 27 per cent decline in net profit in the first quarter of the ongoing fiscal year. The net profit dropped to Rs 3.3 crore from Rs 4.5 crore […]

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Brands Companies News

Kansai Nerolac Paints Q1 PAT Up 356.6% On Land Sale

Kansai Nerolac Paints (KNPL), the paint company in India, on Friday at the Board meeting announced its unaudited results for the first quarter of financial year 2023-24. For the quarter, the company declared Net revenue of Rs. 2071.2 crore, a growth of 6.5  per cent over the corresponding quarter of the previous year. The earnings […]

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Companies Logistics News

TCI Reports 5.9% YoY Growth In Net Profit For Q1 FY24

Transport Corporation of India (TCI), an  integrated supply chain and logistics solutions provider on Monday reported a 5.9 per cent year-on-year (YoY) growth in its consolidated net profit at  Rs. 832 million for the first quarter of the financial year 2024, compared to  Rs 786 million in Q1FY23.   The company’s consolidated revenue from operations […]

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Companies News

LT Foods Reports Strong Q1 FY24 Results, EBITDA Up 27% YoY

LT Foods, a prominent Indian-origin global FMCG company specialising in consumer food products, reported impressive financial results for the first quarter of FY24. During this period, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) witnessed a substantial 27 per cent year-on-year (YoY) improvement, amounting to Rs 224 crore. Additionally, the EBITDA margin rose […]

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