Dr Reddy’s Laboratories on Wednesday announced its consolidated financial results for the quarter ended June 30, 2023. The company reported revenue growth of 29.1 per cent YoY and 7.0 per cent QoQ to Rs. 6,758 crores and above market expectations of Rs. 6,343 crores. The pharma major’s Profit after Tax stood at Rs. 1,405 crores, […]
Nestle India on Thursday reported a 15 per cent year-on-year (YoY) Profit After Tax growth at Rs. 698.3 crore for the second quarter of calendar year 2023. The company reported a revenue growth of 15.2 per cent YoY to Rs. 4,658.3 crore in Q2CY23, exceeding market expectations of Rs. 4,629.7 crore. According to the brand, […]
Tata-owned Air India incurred losses amounting to around Rs 7,000 crore in FY23 due to impairments related to faulty aircraft and engines, as well as the low-cost airline AirAsia India. However, executives noted that the losses have decreased, and the carrier achieved positive EBITDAR (earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs) […]
Avenue Supermarts, which runs the retail chain DMart on Saturday reported a 2 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 6,58.71 crore for the first quarter of the financial year 2023-24. Its standalone net profit rose 2.2 per cent at Rs.695 crore for Q1FY24, compared to Rs. 680 crore in […]
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 […]
At a town hall meeting on Monday, Agarwal informed employees that OYO aims to achieve adjusted EBITDA of nearly Rs 800 crore in the coming fiscal year. Hospitality and travel-tech company OYO expects its revenue in FY23 to be more than Rs 5,700 crore, up 19 per cent from Rs 4,780 crore in FY22, according […]
