Vasundhara Oswal spoke about her detention in Uganda, claiming that she was wrongfully accused of the crime, which was a ...
Vasundhara Oswal, the 26-year-old daughter of Indian-origin billionaire Pankaj Oswal, has been detained in Uganda for over ...
Samvardhana Motherson (MOTHERSO) reported muted results, with an EBITDA margin of 8.8%, down 80bp QoQ (vs. est. 9.4%), hit by global PV industry slowdown, slower EV ramp-up, and seasonal factors ...
Relaxo Footwears’ (RLXF) revenue declined 5% YoY as the 6% YoY ASP increase was offset by a 10% YoY volume decline on subdued demand and higher competition from lower-priced unorganized players ...
India’s equity market, the fifth-largest globally, is on track to double in size within the next five to six years, reaching a projected market capitalisation of $10 trillion, according to a Motilal ...
EPLL reported a healthy operating performance in 2QFY25. EBITDA grew 22% YoY, led by Europe (up 2.1x YoY), followed by the Americas (up 59% YoY; ramp-up of Brazil). However, EBITDA for AMESA ...
Emami reported 3% YoY sales growth in 2QFY25 (est. 5%). The domestic business grew 2.6% YoY, led by volume growth of 1.7% (est. 3%). This quarter faced headwinds as persistently high food ...
Bata India (BATA) delivered a modest growth recovery with 2% YoY revenue growth. The 10% miss on EBITDA was primarily driven by lower gross margin (-140bp YoY) on account of a shift in the channel ...
Indigo Paints’ (INDIGOPN) standalone sales growth stood at 7% YoY in 2QFY25 (6% in 1QFY25, 18% in FY24) due to subdued industry demand (1% down in 1HFY25). Apple Chemie (subsidiary) clocked ...
State Bank of India (SBIN) reported 2QFY25 PAT of INR183.3b (up 28% YoY, 12% beat), driven by a steady NII and robust treasury income. The bank is well poised to deliver robust growth as domestic ...
Data Patterns (DATAPATT) witnessed a revenue decline (down 16% YoY) in 2QFY25, led by ~97% decline in development revenue on account of the deferment of an order. However, the company expects to ...
TRCL’s 2QFY25 earnings beat our estimates, aided by lower-than-estimated opex/t (6% below our estimate). EBITDA declined ~22% YoY to INR3.1b (~26% beat) and EBITDA/t declined 20% YoY to INR695 ...