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Companies E-commerce & Marketplaces Finance Food & Beverage. News

Zomato Swings To Profit With Rs 138 Cr In Q3, Revenue Jumps 69% YoY

Zomato declared a consolidated net profit of Rs 138 crore for the December quarter. The company reported a combined net loss of Rs 347 crore in the same quarter last year, according to a regulatory filing. Consolidated income from operations in the third quarter of the current fiscal year was Rs 3,288 crore, up from Rs […]

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Brands Companies Finance FMCG News

Patanjali Q3 Net Profit Slips 19%, Revenue Remains Flat

Patanjali Foods on Thursday reported a 19.3 per cent year-on-year (YoY) drop in net profit for the quarter ended December to Rs 217 crore. Revenue from operations fell 0.2 per cent to Rs 7,911 crore. Sequentially, the topline rose just 1.1 per cent, while the bottomline dropped by nearly 15 per cent. The primary food […]

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Brands Companies Finance Food & Beverage. News

Parag Milk Foods Q3 Profit Surges 268.8%, Riding Ghee & Protein Growth

Parag Milk Foods (PMFL), a manufacturer and marketer of dairy-based branded products in India has reported a rise of 268.8 per cent year-on-year (YoY) in consolidated profit after tax (PAT) at Rs 34.16 crore in the third quarter ended December 2023, as against the consolidated PAT of Rs 9.26 crore in the same period of […]

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Brands Companies Finance News

Trent Net Profit Jumps 139.4% In Q3FY24

Trent, a part of the Tata Group, on Wednesday reported a 139.4 per cent surge in consolidated net profit at Rs 370.64 crore in the third quarter (Q2) ended December 2023 against the consolidated net profit of Rs 154.81 crore in the same quarter last fiscal, it said in a regulatory filing. The company’s total […]

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Companies Finance News

Trident Profit Dives 25% Despite Festive Season Sales Boost

Indian textiles firm Trident reported a nearly 25 per cent drop in its third-quarter profit, hurt by a rise in expenses, even as consumers bought more home linen during the festive season. Trident, which counts cotton as its principal raw material, reported a 16 per cent increase in overall expenses for the quarter that ended 31 December with raw […]

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Brands Companies Finance News Retail

Nykaa Q3 Profit Soars 97%, Revenue Jumps 22% Despite Discounts

The operator of omnichannel beauty and fashion retailer Nykaa, FSN E-commerce Ventures reported a consolidated net profit of Rs 16.2 crore for the quarter ended December on Tuesday, which grew 97 per cent year-on-year (YoY) from Rs 8.2 crore in the same quarter last year. Revenue from operations climbed 22 per cent YoY to Rs […]

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Finance Government National News

India’s GST Revenue Soars 10.4% YoY In January, Second-Highest Collection Ever

India’s Goods and Services Tax (GST) revenue for January 2024 has jumped to Rs 1,72,129 crore, reflecting an impressive 10.4 per cent Year-on-Year (Y-o-Y) growth. This is the second-highest monthly collection ever and the third time in the fiscal year 2023-24 that collections topped Rs 1.70 lakh crore. From April 2023 to January 2024, gross GST collections totaled […]

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Brands Companies Finance News

PVR Inox Profit Falls 20% Despite Revenue Jump In Q3 FY24

PVR Inox reported a 20 per cent fall in its consolidated profit after tax (PAT) at 12.8 crore in the December quarter, compared with Rs 16.1 crore in the last year period. Revenue from operations rose 64 per cent YoY to Rs 1,546 crore in the reporting third quarter. This compares with Rs 940 crore […]

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Brands Companies Finance FMCG News

Dabur Q3 Profit Rises 6.24%, Revenue Up 7%, Driven By Steady Business Performance

Dabur India on Wednesday reported an increase of 6.24 per cent in consolidated net profit at Rs 506.44 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 476.65 crore in the October-December quarter a year ago, Dabur India said in a BSE filing. Its revenue from operations […]

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Brands Companies E-commerce & Marketplaces Food & Beverage. News Retail

Domino’s Joins ONDC In India, Expands Reach Beyond Own App

Domino’s Pizza, which is run in India by Jubilant FoodWorks Ltd (JFL), has joined the Open Network for Digital Commerce (ONDC) network, the food services firm said on Tuesday. Domino’s catalogues will now be visible on numerous applications throughout the network, allowing for smooth purchases, the company said. Customers in the Delhi NCR may already […]

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