macroeconomic headwinds
Brands Companies Finance FMCG News

Marico Q3 Revenue Dips 2% Amid Soft Rural Demand, Profit Up 16%

Marico, the FMCG company, reported a Q3FY24 profit of Rs 386 crore, marking a 15.9 per cent increase compared to Rs 333 crore in the third quarter of FY23, surpassing estimates. The revenue from operations stood at Rs 2,422 crore, reflecting a 1.9 per cent decrease, with underlying volume growth of 2 per cent in […]

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Feature National News Retail Retail Tech

2024 Retail Outlook: Gen Z Fashion, Sustainable Practices & AI Integration

The retail industry anticipates a transformative year ahead with a focus on innovation, sustainable practices, and robust growth, driven by changing customer experiences, AI integration and more With a rollercoaster ride of large highs in 2023, the retail sector is set to begin a period of exciting growth driven by innovation and changing customer experience. […]

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Brands Companies Food News

Patanjali Foods’ Net Profit Plunge By 64% In Q1FY23

Patanjali Foods saw a significant decline in its net profit for the first quarter of 2023. The company’s financial results revealed a nearly 64 per cent year-on-year (YoY) plunge in net profit, settling at Rs 878 crore. But despite this setback, the company experienced a growth of almost 8 percent in revenue from operations, reaching […]

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Electronics International News

Global PC Shipments Decline 13.4% In Q2 2023

Personal computer (PC) shipments during the second quarter of 2023 declined 13.4 per cent globally on a yearly basis, according to International Data Corporation (IDC) data tracker. International Data Corporation (IDC) is a global market intelligence and advisory services provider. According to IDC, this was the sixth consecutive quarter of contraction brought on by macroeconomic […]

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