The revenue growth of early birds or companies that have declared their Q4FY24 (March quarter) numbers is the highest in the last four quarters. The 178 companies (excluding their listed subsidiaries) that declared their results have reported a sales growth rate of 13.2 per cent year-on-year (Y-o-Y), taking aggregate revenue to Rs 9.1 trillion. Including other income, growth is at 16 per cent, the highest in the last four quarters.
You can replace sugar with healthier alternatives like dates, raw honey and coconut sugar to protect your health during the festive season.
Britannia Industries reported revenue growth of 4 per cent year-on-year (Y-o-Y) in Q1FY25 and volume growth of 8 per cent implying price trends were adverse. Other operating income jumped 195 per cent, due to the incentive received for the Ranjangaon plant. The non-biscuit portfolio (rusk, cake, bread) remained key to growth and contributed 25 per cent of the total revenue.
Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.
Adding greens to your dal transforms it into to the best companion for your rice.
Mayank is only two games old in the IPL but his name is already being discussed widely as a potential selection in India's squad for the T20 World Cup in the USA and Caribbean
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Pakistan Interior Minister Rehman Malik has once again blamed Indian intelligence agency, the Research and Analysis Wing (RAW), for fanning the ongoing armed insurgency in Balochistan.
According to reports, the militant commanders, including Sim Khan, Mahmood Khan and Maulvi Umer, who were arrested during operation Rah-e-Rast, have confessed that they were provided financial aid, weapons and special training by secret agencies from India and Afghanistan to fight against the Pakistan Army.
Pakistani security officials have claimed arresting an agent of Indian intelligence agency, the Research and Analysis Wing from Qila Saifullah district in Balochistan.
In the first quarter (Q1) of the ongoing financial year ending June 30, Westlife Foodworld, which operates McDonald's outlets in the South and West, reported an 88 per cent drop in net profit. While net sales remained flat, its same-store sales growth (SSSG) fell by 6.7 per cent, impacted by "subdued in-store business, although the off-premise segment saw positive same-store sales", the company said.
TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.
India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.
He finished with 4-0-34-3, a testament to his ability to exploit early wickets and dismantle batting line-ups with his raw pace. This performance served as a stark reminder of why he was the most sought-after bowler at the IPL auction.
Lahore Commissioner Khusro Pervez has blamed India's intelligence agency Research and Analysis Wing (RAW) for the recent riots in Punjab province.The Daily Times quoted Pervez as saying that the recent anti-Christian riots in Gojra and Sheikhupura were orchestrated by the RAW.He added that various American and Western organisations were trying to create 'an Islamic brigade' in Pakistan by supporting the Indian spy agency.
The United States is waiting to see the results of the Indian investigations on the murder allegations.
Director Govind Menon on Bachke Rehna Re Baba, Rekha and Mallika Sherawat.
'Now I have understood that an actor needs to switch on and off between action and cut.' 'I take my characters only from the vanity van to vanity van.' 'When I put on the makeup and wear the costume, I'm in character.' 'The minute I remove the makeup and take off my costume, I am out of it.'
The actor has used the platform to make a few revelations about his personal life. Namrata Thakker lists them out.
Mongolia can take a lifetime to happen but rewards the intrepid traveller with enduring memories of a surreal, delightful land.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
Sweet and spicy, this chutney will add a chatpata addition to your lunch/dinner.
'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.
Kebabs, biryani and Sheer Khurma? Add to that and experiment with the delicacies we have on offer.
However, the Polycab share price is up by nearly 80 per cent while Havells' has risen by 39 per cent. The Sensex has gained 26 per cent in this period. The Q1FY25 results were in line for both companies.
Saba Azad was joined by Karisma Kapoor and Kalki Kanmani for the Raw Mango show at LFW X FDCI.
Ronaldo's 130 goals for his country is also way out on its own at the head of most scored in international football
Here's an interesting recipe from reader Urmi. Share yours!
Refreshing salads lick the summer heat.
India's manufacturing sector activity moderated in April, but still recorded the second fastest improvement in operating conditions in three-and-a-half years supported by buoyant demand, a monthly survey said on Thursday.
Bajaj Auto reported steady results in Q1FY25, with revenue surging 16 per cent year-on-year (Y-o-Y), operating profit registering a growth of 24 per cent Y-o-Y, and margins swelling 20.2 per cent. The profitability was aided by 50 basis points (bps) on the accrual of PLI benefits. The domestic prospects for two-wheelers are healthy, though the response to the newly launched CNG motorcycle is a key monitorable.
The Delhi high court has directed a Noida resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her.
The weather office said intensity of heat wave/severe heat wave has slightly reduced over some parts of northwest and adjoining central India.
Former Research and Analysis Wing chief Sanjeev Tripathi on Tuesday joined the Bharatiya Janata Party ahead of the Lok Sabha elections, following the footsteps of several retired bureaucrats and diplomats finding a career in politics.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
A day after The Washington Post named an Indian official for allegedly plotting to eliminate Sikh extremist Gurpatwant Singh Pannun, India on Tuesday said the report made 'unwarranted and unsubstantiated' imputations on a serious matter.
In a worrisome trend, researchers have found that candidates with less or poor general aptitude are getting attracted to jobs in the Intelligence Bureau and the Research and Analysis Wing (RAW) among other agencies and suggested changes in selection procedures.
The brokerage earnings estimate for the January-March 2024 quarter (Q4FY24) for Nifty 50 companies hints at a slowdown in corporate profit growth while revenue increase is likely to be in low single digits as in the previous two quarters. According to various brokerage estimates, the companies' combined net profits are expected to grow 3.1 per cent year-on-year (Y-o-Y) in Q4FY24, the slowest in the last five quarters. For comparison, the index companies' combined net profits were up 8.2 per cent Y-o-Y in Q3FY24 and 3.4 per cent Y-o-Y in Q4FY23.
India's manufacturing sector saw a slower growth rate for the second straight month in May but stayed firmly in expansion mode with global sales increasing to the greatest extent in over 13 years, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 58.8 in April to 57.5 in May, signalling a slower but substantial improvement in the health of the sector. The index had climbed to a 16-year high of 59.1 in March.
