PNG Jewellers Sees 24% Consolidated YoY Growth In Q3FY25
The company states that the retail segment saw a year-on-year (YoY) revenue growth of around 42 per cent in the third quarter of the current fiscal (Q3FY25)
The company states that the retail segment saw a year-on-year (YoY) revenue growth of around 42 per cent in the third quarter of the current fiscal (Q3FY25)
The company has recorded same-store-sales growth (SSSG) of around 24 per cent in the quarter
The volume growth will more than offset a 1-2 per cent year-on-year decline in average sales because of a drop in selling prices to clear year-end inventory after demand slackened
Corporates in India have likely logged a 4-6 per cent revenue growth in the January-March quarter, marking the slowest quarterly growth since recovery from the Covid-19 pandemic began in September 2021, as per an analysis of 350 companies (excluding financial services and oil and gas sectors) by Crisil Ratings. The moderation is, though, on a […]
Tata Consumer Products Ltd (TCPL) reported a decline of 26.6 per cent in Group consolidated net profit at Rs 212.26 crore in the fourth quarter ended March 2024, compared to Rs 289.56 crore in the same period last fiscal, according to a BSE filing. However, the company’s total income increased to Rs 3,965.39 crore in […]
Catch Spices, a flagship brand of the Dharampal Satyapal Group (DS Group), has achieved a significant milestone by crossing the Rs 1000 crore mark in revenue. This remarkable feat comes on the heels of an impressive year-on-year growth rate of 24 percent over the last two years, solidifying Catch Spices’ position as a key player […]
Shares of Nykaa’s parent company, FSN Ecommerce, witnessed a surge of over 7 per cent in early trade on 8 April, fueled by expectations of robust growth in the company’s performance for the fourth quarter. At 1 p.m., Nykaa shares were trading at Rs 180.60 on the NSE, marking a substantial increase of 7.21 per […]
Despite a steep surge in gold prices in the second half of the quarter, jewellery giant Kalyan Jewellers’ consolidated revenue increased by roughly 34 per cent in Q4 FY2024, the company stated in a quarterly statement on BSE. The jewellery retailer’s consolidated revenue increased by 31 per cent in FY2024 compared to the previous year. […]
Analysts predict subdued earnings growth for Indian consumer goods companies in Q4 FY24. While FMCG revenues are anticipated to grow slightly faster, profit growth is expected to lag behind previous trends. The volume growth in the FMCG sector for the quarter ending March 2024 is projected to be challenging, driven by urban demand, with rural […]
Livpure is expecting its Allura purifier range to contribute nearly 50 per cent of its revenue over the next 10 to 12 months, Rakesh Kaul, Managing Director, Livpure told BW Retail World. The company recently introduced its new water purifier called ‘Allura range’, addressing the common challenges faced by households in maintaining water purifiers, Livpure’s […]