Global Slowdown, US Tariffs Weigh On Textile Sector Outlook: Report
The report says that higher discounts and front-loading of exports led to higher costs (transport and packaging), which also affected margins
The report says that higher discounts and front-loading of exports led to higher costs (transport and packaging), which also affected margins
Dikshit notes that Aditya Birla Lifestyle Brands or ABLBL is well-positioned to double its scale and expand margins significantly over the next five years
Harsha V Agarwal notes that the company’s portfolio will be much sharper and future-proof in three to five years
Brokerages highlight that while Dabur’s long-term growth trajectory remains intact, near-term uncertainties, driven by a lag in demand recovery, warrant a cautious stance
Driven by omnichannel gains, apparel players built on last quarter’s upswing, with strong direct-to-consumer (D2C) sales and new store openings aiding growth
Coca-Cola Company on Tuesday that India and Brazil drove beverage volume growth in the developing and emerging markets in 2023. James Quincey, Chairman and CEO of the Coca-Cola Company, stated during the earnings call on Tuesday that the India business “experienced a robust growth in 2023,” In the December quarter, the company witnessed a 7 per cent […]
Tata Motors has reported a consolidated net profit that surged 2.4 times year-on-year (YoY) in its Q3 FY24 results, reaching Rs 7,025 crore. This figure exceeded the Rs 4,654 crore estimated by analysts. The company’s consolidated revenue from operations also saw 25 per cent YoY increase, totaling Rs 1.11 lakh crore. Sequentially, the bottom line […]
India Manufacturing Purchasing Managers’ Index (INPMI), climbed to 56.5, up from an 18-month low of 54.9 in December, according to HSBC India Manufacturing Purchasing Managers’ Index compiled by S&P Global. India’s manufacturing industry had significant progress at the start of 2024, achieving its quickest expansion in four months in January. Although the final reading was […]
India’s manufacturing sector concluded 2023 with a somewhat uncertain outlook as factory growth decelerated to an eighteen-month low in December, revealed by a business survey released on Wednesday. The HSBC India Manufacturing Purchasing Managers’ Index, produced by S&P Global, dipped to 54.9 in December from November’s 56.0. Nevertheless, the index remained above the 50-mark, indicating […]
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 […]