GST Cut
Voltas Net Loss Shrinks To Rs 27.6 Cr, Total Income Up 32% In Q3 FY24
Companies Finance

Voltas Q2 Profit Slumps 74% Hit By GST Cut, Weak Summer Demand

Voltas reported a 74% drop in Q2 profit as weak summer demand and GST-linked purchase deferrals hit sales, with revenue and margins falling short of estimates.

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Brands Finance

Patanjali Foods Q2 Profit Rises 67% On Oil Demand

Patanjali Foods reported a 67% year-on-year rise in Q2 profit to Rs. 516.69 crore, driven by strong edible oil demand and lower import duties.

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Beauty

Personal Care Gets Cheaper With GST Rate Cut

Industry leaders say the revised GST rates will make skincare more accessible, revive salons, and boost festive demand   In a widely praised move, the Indian government’s decision to lower GST on personal care essentials from 18 per cent to 5 per cent has garnered enthusiastic responses from industry leaders, who view it as a […]

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Companies FMCG Retail

Reliance Retail To Pass Full GST Benefit To Customers: Isha Ambani

Isha Ambani notes that whenever costs go down, the customers must get the benefit in their wallets

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Companies Consumer

Bata Extends GST Cut Benefits To Consumers, Brings Price Promise Initiative

Reports note that prices across Bata outlets now cost 7 per cent less, as the company is absorbing the differential to pass on savings to consumers

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High Shipping Costs, Shipments' Delay, Red Sea Woes Hit Textile Exports
Companies Consumer Economy

CMAI Urges Centre For Uniform 5% GST To Fortify Domestic Textiles

The association says that keeping textile products along with products like electronics, mobile phones under the same GST slab would not be consistent from an overall economic rationale

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