Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.
Adani Wilmar on Monday posted over twofold jump in consolidated net profit at Rs 410.93 crore for December quarter 2024-25 on strong edible oil sales. The company had logged a net profit of Rs 200.89 crore in the year-ago period.
Two decades ago when someone said, "I am on a diet," you assumed they would be eating less of everything. Today, those few words lead to a whole new discourse, says Ambi Parameswaran.
India's smartphone market grew by three per cent year-on-year (Y-o-Y) in volume in the third quarter (Q3) of calendar year 2024, while its value surged by 12 per cent Y-o-Y to reach an all-time record for a single quarter, according to a report by research firm Counterpoint. The value growth was driven by an ongoing premiumisation trend, while the increase in volume was driven by an earlier onset of the festival season compared to the previous year.
Spanish teenager Yamal coy over 'dream come true' wonder strike
He had said earlier that he was ready for the Yo-Yo test.
Santa Claus grooving to a bhangra beat or lip-syncing to a Bhojpuri rendition of 'Jingle Bells', adding in some ha-ha-ha to the classic ho-ho-ho this festive season, are the many amusing, desi versions of Christmas carols.
'The one thing is I have improved my fitness a lot'
iPhone maker Apple has set an all-time revenue record in India and observed a double-digit growth in iPad sales in the country in the September 2024 quarter, senior officials of the company said on Friday. The company reported an over 6 per cent growth in total net sales to $94.93 billion during the reported period from $89.49 billion a year ago.
The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.
The two coaches Gary Kirsten and Ashish Nehra will be monitoring the progress of the players and a Yo-Yo test will also be conducted to get a hang of their fitness.
Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review in February. The Wholesale Price Index (WPI) based inflation was 2.36 per cent in October 2024. It was 0.39 per cent in November, last year. In August, 2024, it was 1.25 per cent.
Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by s decline in revenue from its passenger and commercial vehicles divisions. The company had posted a consolidated net profit of Rs 7,145 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.
The Centre's fiscal deficit at the end of the first seven months of financial year 2024-25 touched 46.5 per cent of the full-year target, government data showed on Friday. In absolute terms, the fiscal deficit -- the gap between government's expenditure and revenue -- was at Rs 7,50,824 crore during April-October period, according to data released by the Controller General of Accounts (CGA). The deficit stood at 45 per cent of the Budget Estimates (BE) in the corresponding period of 2023-24.
Tabla maestro Ustad Zakir Hussain died at a hospital in San Francisco, his family said on Monday.
While Shastri in his inimitable manner was clear that YoYo test is here to stay, Kohli said that one should look at it as a "hard call" that benefits the team rather than being emotional.
From the 30-share blue-chip pack, Zomato surged over 7 per cent. Maruti, ITC Hotels, ITC, Mahindra & Mahindra, Asian Paints, Titan and IndusInd Bank were among the biggest gainers. Power Grid, Larsen & Toubro, NTPC, UltraTech Cement, HCL Tech, Tech Mahindra, Infosys and Adani Ports were among the laggards.
Putting an end to speculation on his fitness, star batsman Rohit Sharma cleared the mandatory YoYo test in Bengaluru on Wednesday and then fired a salvo at his critics, who questioned his exemption from the June 15 test.
Former cricketer Yuvraj Singh on Saturday congratulated Sourav Ganguly on his journey from being India's captain to becoming BCCI top boss.
The actor may have given many new mums fitness goals, but has her weight gain spiraled back again, questions Zofeen Maqsood.
Yuvraj revealed that he was promised a farewell game by the BCCI provided he failed the 'Yo Yo' fitness test. However, he passed it and the swansong never happened.
Automotive retail sales saw a 14 per cent rise in March on a year-on-year (YoY) basis, according to data released by the Federation of Automobile Dealers Associations (FADA). For the whole of financial year 2022-23 (FY23), sales grew 21 per cent YoY. For both March and the financial year, all categories, except for tractors, and including two-wheelers, three-wheelers, passenger vehicles (PVs), and commercial vehicles (CVs), posted double-digit growth. However, the total retail sales of 22.1 million for the financial year were still 12 per cent lower than the pre-Covid (FY20) level of 25 million, owing to an 18 per cent dip in the two-wheeler segment.
Mohammed Shami was dropped after he failed to clear the fitness test at the National Cricket Academy in Bengaluru.
Young Tamil Nadu all-rounder Washington Sundar, who has impressed in recent times but had failed the Yo-Yo test, said he is hopeful of clearing it in the future.
The Indian selection committee has its task cut out when it zeroes in on the replacement for Ambati Rayudu's in India's ODI squad for the three-match series against England after the veteran right-hander failed the YoYo Test.
Due to the novel coronavirus outbreak, cricket in Pakistan, like the rest of the world, has been halted since March 15, and the PCB is banking on the virtual initiative to give a peek into its players' fitness.
'The finance minister has done as much as she can when you look into the fiscal constraints she had.'
The Indian team regularly undergoes a series of fitness tests with 'Yo-Yo' endurance test being the most important of them.
BCCI has decided to conduct fitness tests of players before they are picked in the national team to avoid embarrassing late withdrawals
Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.
Indian captain Virat Kohli, along with former skipper Mahendra Singh Dhoni, on Friday took the fitness test which will determine his availability for the gruelling tour of United Kingdom, starting on June 27.
Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.
The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.
Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.
It is learnt that Test team vice-captain Ajinkya Rahane has been kept on standby for the limited overs series against England in case Rohit Sharma fails to clear the 16.1 qualifying mark.
YoYo test under scanner
The Indian team has set 16.1 as the Yo-Yo test benchmark for the past couple of years and any player failing to clear the test is not selected.
Auto majors report positive sales figs for November.
Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company. The consolidated revenue of Paytm declined 33.48 per cent to Rs 1,639.1 crore during the reported quarter, from Rs 2,464.2 crore in the same period a year ago.
Among the many performances at the IIFA awards, Rekha's was certainly among the highlights.
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