Kansai Nerolac Paints on Monday reported a 39.57 per cent increase in consolidated net profit to Rs 152.09 crore for the December quarter, helped by an improvement in margins. The company had posted a net profit of Rs 108.97 crore in the October-December period a year ago, Kansai Nerolac said in a regulatory filing. Its revenue […]
India’s Bajaj Electricals reported its third straight quarterly profit decline on Monday, as rising inflation impacted seasonal spending and rural demand remained weak. Consolidated net profit fell nearly 40 per cent to 373.6 million rupees ($4.5 million) in the three months ending 31 December, after falling 56 per cent and 14 per cent in the previous two quarters. In India, […]
Bikaji Foods International (Bikaji) on Friday reported a rise of 15 per cent in consolidated net profit of Rs 45.99 crore for the quarter that ended 30 September 2023 as against the PAT of Rs 39.99 crore in the same period of last fiscal, the company said in a BSE filing. The company’s total revenue […]
Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season. Consolidated profit for the three months ended 31 December was Rs 11.71 crore compared with a loss of Rs 196 crore a year earlier, the company said in an exchange filing. “We are satisfied […]
Blue Star, which manufactures air conditioners and commercial refrigeration systems, recorded a 72 per cent increase in total net profit to Rs 100.46 crore in the third quarter that ended December 2023, boosted by strong sales over the Christmas season. According to a regulatory filing from Blue Star, the business had a net profit of Rs […]
The operator of QSR Chain Burger King in India, Restaurant Brands Asia, on Monday, the company posted a reduced third-quarter loss, helped by robust holiday sales. The company’s consolidated net loss narrowed to Rs 36.18 crore (USD 4.4 million) in the three months ended 31 December from Rs 50.42 crore a year earlier. Nonetheless, it […]
The automotive industry anticipates growth of six to nine per cent in FY2024, according to rating agency Icra, which attributes it to consistent industry demand. However, the sector is still on the lookout for possible supply chain hiccups and the effects of rising ownership costs on retail. In December 2023, the domestic wholesale volumes of […]
Consumer electrical goods maker Havells India on Tuesday reported a 1.54 per cent increase in its consolidated net profit to Rs 287.91 crore for the third quarter ended December 2023. The company had posted a consolidated net profit of Rs 283.52 crore in the October-December quarter a year ago, according to a regulatory filing from […]
People in Bhopal celebrated the consecration of the Ram Lalla idol on Monday in the same way they do during Diwali. Traders estimate that firecrackers worth over Rs 2.5 crore were sold in the city during the previous 3-4 days. Even on Monday, the firecracker market was buzzing with activity. Traders reported that the firecracker […]
Mumbai-based specialty chemicals company, Pidilite Industries, is gearing up to announce its financial results for the October-December period (Q3FY24) on Tuesday, 23 January. Analysts anticipate a robust operational performance from Pidilite Industries, renowned for brands like Fevicol, Dr Fixit and M-Seal, driven by strong domestic demand during the festive season and growth in the real […]
