Q3 Profits
Brands Companies Finance Food & Beverage. News

Westlife Foodworld Misses Estimates, Q3 Profit Falls On Weak Demand

Westlife Foodworld, the operator of McDonald’s restaurants in west and south India, failed quarterly profit projections on Wednesday, citing sluggish demand. Consolidated profit after tax fell nearly 53 per cent to 172.4 million rupees (USD 2.08 million) in the three months ended 31 December, according to an exchange filing. Analysts, on average, had expected profit […]

Read More
Brands Companies Finance FMCG News

Oil Companies May Reduce Petrol, Diesel Prices Soon

In a significant development, state-run oil companies in India are reportedly considering a reduction in the prices of petrol and diesel next month, following their anticipated record-breaking net profits in the third quarter. Reports indicate that the combined net profits of the three oil marketing companies (OMCs) could surpass a staggering Rs 75,000 crore, prompting […]

Read More