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Brands Companies Fashion & Lifestyle Finance News Retail

ABFRL Reports Rs 200.34 Cr Net Loss In Q2FY24

Aditya Birla Fashion and Retail Ltd reported a consolidated net loss of Rs 200.34 crore for the second quarter ending September 2023. The company, as per a regulatory filing, had a net profit of Rs 29.42 crore in the July-September quarter of the previous fiscal year. According to the filing, the revenue from operations for […]

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Brands Companies Finance Food News

Parag Milk Foods Reports 121% YoY Rise In Q2 PAT

Parag Milk Foods, a manufacturer and marketer of dairy-based branded products on Thursday reported a 121.1 per cent year-on-year (YoY) rise in its net profit at Rs 251.9 million for the quarter ended on 30 September 2023. The festive momentum started strong with healthy demand across the segments. The total revenue for the quarter stood […]

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Brands Companies Electronics News Retail

Apple Sees Record Growth In India, Targeting Middle-Class Market

Apple’s CEO Tim Cook said that the company posted USD 89.5 billion in quarterly revenue, with India standing out as a key contributor. During the July-September quarter, Apple experienced robust double-digit growth in India, coinciding with the launch of its new iPhone 15 series. Tim Cook said that Apple had achieved an all-time revenue record […]

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Brands Companies Finance FMCG News

Godrej Consumer Products Q2 Net Profit Jumps 20.59% To Rs 433 Cr

FMCG giant Godrej Consumer Products reported a 20.59 per cent year-on-year (YoY) rise in its net profit at 433 crore for the quarter gone by, compared to the last year in the same quarter at 359 crore. The company’s revenue increased to Rs 3,601 crore for the quarter that ended on 30 September, from 3,391 […]

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Brands Companies Finance News

Ambuja Cements Net Profit Jumps Four-fold To Rs 644 Cr In Q2

Ambuja Cements, owned by the Adani Group, has reported a significant four-fold increase in its standalone net profit, reaching Rs 643.84 crore for the quarter ending in September 2023. This marks a notable surge compared to the net profit of Rs 138.9 crore in the same quarter of the previous year. The company’s standalone revenue […]

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Companies Finance News

Oyo Revenue Surges, Loss Narrows As Company Moves Closer To IPO

Hospitality leader Oyo, headed by Ritesh Agarwal, has reported a significant increase in revenue and a narrowed loss for fiscal year 2023 as it moves closer to a public listing. In FY23, Oyo, formally known as Oravel Stays, recorded consolidated revenue from operations of Rs 5,463.9 crore, compared to Rs 4,781.3 crore in FY22. The […]

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Brands Companies Finance News

Asian Paints Q2 Net Profit Rises 53% To Rs 1,232 Cr, Revenue Flat

Asian Paints on Thursday reported a 53.31 per cent year-on-year (YoY) increase in its consolidated net profit at Rs 1,232.39 crore for the second quarter of the financial year 2023-24, compared to Rs 803.83 crore in the same quarter last year.year-ago period. However, the profit declined by 21.74 per cent. The company’s consolidated revenue slightly […]

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Companies Finance News

Jubilant FoodWorks Q2 Net Profit Falls 26% To Rs 97.20 Cr, Revenue Up 5%

Jubilant FoodWorks, a food service company, on Wednesday reported a 26 per cent loss in consolidated net profit at Rs 97.20 crore for the September quarter of FY24 compared the previous year at Rs 131.52 crore, The total revenue of the company increased by 5. 15 per cent at Rs 13,68.63 crore from Rs 1,301.48 crore […]

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News Real Estate

Mumbai’s Real Estate Registrations Surge 37% During Navratri 2023

The festival of Navratri has ushered in a remarkable surge in Mumbai’s real estate registrations, with the city recording 4,594 property registrations during the nine-day period from 15 October to 23 October 2023 according to a report by Knight Frank India. According to the report, this marks a substantial year-on-year (YoY) growth of 37.4 per […]

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Feature News

Festivals Without Frauds

Festivals and weddings are two wheels of the Indian economy that never let it fail and accelerate in times of downfall like a pandemic. According to the data shared by IBEF (Indian Brand Equity Foundation), retailers such as Amazon, Walmart and Flipkart saw a 55 per cent rise in online revenue from a year earlier […]

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