Subdued Demand Hampers Asian Paints’ Profitability In Q3
The company posted a net profit of Rs 1,110.48 crore, attributable to the shareholders of the company, in the third quarter of the current fiscal (Q3FY25)
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Whirlpool Corp Plans To Divest Up to 24% Stake In India Subsidiary To Reduce Debt
- by BW Retail World Bureau
- December 1, 2023
On Thursday, Whirlpool Corp revealed its plan to divest up to 24 per cent of its ownership interest in Whirlpool of India in 2024, aiming to alleviate debt levels. The company, not disclosing the deal value, assured that the sale would not impact its previously provided full-year forecast, as detailed in a filing. Whirlpool of […]
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TTK Prestige Q2 Revenue Declines 15%
- by BW Retail World Bureau
- October 27, 2023
Kitchen and home appliance maker TTK Prestige reported more than 27 and 15 per cent decline in its profit and revenue, respectively, for the July-September 2023 period on account of subdued demand for consumer durables, despite softening inflation. The Bengaluru-headquartered firm’s standalone quarterly PAT plunged almost a third Y-O-Y to Rs 62.17 crore. Its standalone […]