Customers across the country are showing a marked preference for premium products like side-by-side refrigerators, advanced washing machines, energy-efficient split air conditioners
The Glenwalk is also gearing up for further expansion into six more Indian states and five international markets
The company notes that while the excise duty changes in Maharashtra will impact the sales, Indian market will be in a strong growth momentum in fiscal year 2026
In its annual report, ITC states that sales to BAT rose to Rs 1445.27 crore in 2025 from Rs 1070.96 crore in 2024
The company has reported a net profit of Rs 95 crore in the recently concluded quarter, as against a loss of Rs 124 crore in Q4FY24
The company’s global travel retail declined by 31 per cent, with the dip driven by the suspension of the duty-free regime on Cognac in China travel retail
These figures come from the big sales of Amazon and Flipkart, along with Myntra also contributing significantly
The producers of chocolate brands, Hershey and Cadbury, are contemplating further price adjustments to counteract an unprecedented surge in cocoa prices. Despite facing challenges such as reduced consumer purchases and potential impacts on profits due to inflation, these chocolate makers have consistently passed on the escalating costs to their customers. Over the past year, cocoa […]
Luxury segment housing in India recorded a 75 per cent year-on-year (YoY) growth in sales in 2023, according to a report by real estate consulting firm CBRE South Asia. According to its report ‘India Market Monitor Q4 2023’, a 45 per cent YoY increase in unit launches was recorded in 2023. The percentage share of […]
Mondelez International reported increased fourth-quarter sales, but higher prices impacted volumes, leading to a more than 2 per cent drop in its shares. While price hikes boosted profit margins until fiscal 2023, softer demand is now observed as budget-conscious consumers cut back spending. In North America, Mondelez experienced a 5.5 percentage point volume decline in […]
