EPS
Tech Mahindra Profit Tumbles 61% In Q3, Revenue Stagnant
Brands Companies Finance News

Tech Mahindra Profit Tumbles 61% In Q3, Revenue Stagnant

Tech Mahindra reported a 61 per cent decline in its third quarter profit for the financial year 2023-2024 on Wednesday. The company said its profit stood at Rs 510.40 crore against Rs 1,297 crore during the corresponding period in 2022. The tech giant’s revenue stood at Rs 13,101 crore, up by 1.8 per cent on […]

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Rural Consumption Picks Up, Narrowing Gap With Urban Markets: FMCG Q4 Update
Brands Companies FMCG News

FMCG Sector Forecasts Mid Single-Digit Volume Growth In Q3, Margin Expansion Expected

Analysts anticipate a sluggish revenue growth in the third quarter of FY24 for the fast-moving consumer goods (FMCG) sector due to subdued volumes, despite the favorable impact of lower raw material prices on gross margins. The persisting demand challenges have led to restrained volume growth across FMCG products. Rural volumes lag behind urban figures, impacted […]

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