Shadowfax Sees 33% YoY Revenue Growth In FY24
The company’s adjusted profits after tax (Pat) moved from a loss of Rs 123.8 crore in the financial year 2022-23 to a profit of Rs two crore in FY24
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DMart’s Net Profit Sees 7.9% YoY Growth In Q2FY25
- by BW Retail World Bureau
- October 14, 2024
The consolidated results of the company show that total revenue for the first half of the current financial year (H1FY25) stood at Rs 28,514 crore
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Swiggy Revenue Soars 45%, Yet Net Loss Widens 15% In FY23
- by BW Retail World Bureau
- February 1, 2024
Swiggy, a food and grocery delivery company, reported a 45 per cent increase in operational revenue to Rs 8,265 crore in the fiscal year ending March 2023, while its net loss increased by 15 per cent to Rs 4,179 crore. The Prosus-backed business, which is presently preparing for an initial public offering (IPO), invested extensively during the […]
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Voltas Net Loss Shrinks To Rs 27.6 Cr, Total Income Up 32% In Q3 FY24
- by BW Retail World Bureau
- January 31, 2024
Voltas, a Tata Group-owned consumer appliance firm, recorded a consolidated net loss of Rs 27.60 crore in the third quarter (Q3) ended December 2023, compared to a net loss of Rs 110.49 crore in the same time the previous fiscal year, according to a BSE filing. However, the company’s overall income increased by 31.8 per […]
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Zomato Stocks Falls On Rs 402 Cr GST Notice Over Delivery Charges
- by BW Retail World Bureau
- December 29, 2023
Zomato stocks caught up in the downward momentum on Thursday, after the GST authorities sent a show cause notice of nearly Rs 402 crore to the firm alleging the unpaid dues which were earned by levying delivery charges to the customers on behalf of delivery partners. The stocks plunged 2.5 per cent to Rs 124.05 […]
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Mamaearth Parent Reports 33% YoY Growth, Stocks Hit 20% Upper-circuit
- by BW Retail World Bureau
- November 23, 2023
Honasa Consumer, the recently listed parent company of Mamaearth, delivered strong financial numbers in its first half (H1) report ending 30 September 2023. The result boosted stock prices, to rally as high as 20 per cent to hit the upper-circuit. The digital first brand reported its H1 revenue to Rs 961 crore from operations, 33 […]
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Zomato Reports Net Profit Of Rs 36 Cr For Q2
- by BW Retail World Bureau
- November 3, 2023
The food delivery app Zomato on Friday reported a net profit of Rs 36 crore for the quarter gone by, compared to the loss of Rs 251 crore the previous year in the same quarter. The company’s consolidated revenue from operations for the quarter ended also increased to Rs 2,848 crore, compared to Rs 1,661 […]
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GQG Partners’ Stake In Adani Ports Surpasses 5%
- by BW Retail World Bureau
- August 21, 2023
GQG Partners bought 2.2 million shares of Adani Ports, increasing its ownership of the business to 5.03 per cent, the firm disclosed. Adani Ports And Special Economic Zone already has a 4.93 per cent share owned by the investment company. Days prior to the development, Deloitte’s auditor position with the corporation was terminated. As per […]
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Adani Group-owned ACC Reports 105% YoY Jump In Net Profit In Q1FY24
- by BW Retail World Bureau
- July 28, 2023
Adani Group-owned company ACC’s net profits (profit after tax) more than doubled (rose 105 per cent) on a yearly basis during the April-June 2023 quarter at Rs 466 crore. In the same quarter last year, the net profits were Rs 227 crore. The company’s net revenue during the quarter rose 16 per cent to Rs […]