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Showing 1 - 15 News out of 249

Zara owner Inditex expects profit margin growth in H2

It booked sales for the six months to end-July of 12 billion euros ($14 billion), up 3 percent on year, yielding net profit of 1.41 billion euros.

September 12, 2018  |  comments ( 0 )  | 

PC Jeweller reduce bank liabilities by 10% in Q1 FY19

The company also informed that it has reduced bank liabilities from internal accruals and better realisations from the inventory.

August 22, 2018  |  comments ( 0 )  | 

Army Canteen stores record profit

A year ago, it had earned a net profit of Rs 280 crore on sales of Rs 17,000 crore.

August 16, 2018  |  comments ( 0 )  | 

Arvind Limited posts 10% rise in Q1 revenue

The brands including Arrow, US Polo Association, Flying Machine and Tommy Hilfiger grew by strong 16% (20% adjusted for GST). Unlimited – the value retail offering –

August 07, 2018  |  comments ( 0 )  | 

Nestle India Q2 net profit grows 50% to Rs 395 cr

The January-December financial year following company had posted a net profit of Rs 263.43 crore for the April-June quarter of 2017-18.

August 04, 2018  |  comments ( 0 )  | 

WS Retail stops selling on Flipkart’s platform

WS Retail’s revenues declined 67% from Rs 13,900 crore in FY16 to Rs 4,600 crore in FY17. The company reported a net loss of Rs 24 crore for FY17 against a profit of

August 04, 2018  |  comments ( 0 )  | 

ITC Q1 profit upsurges 10% YoY to Rs 2,819 cr, meets Street estimates

Net sales jumped 9.20 per cent YoY to Rs 10,874 crore in Q1FY19 over Rs 9,954.60 crore in Q1FY18. ETNow poll had projected net sales of Rs 10,812 crore for the FMCG

July 27, 2018  |  comments ( 0 )  | 

Havells posts Q1 net profit at Rs 210 cr

The company had posted a net profit at Rs 121.38 crore during the April-June quarter of the previous fiscal.

July 21, 2018  |  comments ( 0 )  | 

Bata India reports 37% rise in Q1 2018-19 Net profit to Rs 82.6 crore

The number is not comparable to previous period because of introduction of GST from July 2017.

July 21, 2018  |  comments ( 0 )  | 

Zomato ropes in Mohit Gupta as CEO for its food delivery biz

Food delivery has been one of the most crucial areas of growth for Zomato with the vertical contributing about 30% of the overall revenues as of FY18.

July 04, 2018  |  comments ( 0 )  | 

Retailers Carrefour and Tesco join forces in a strategic alliance

The alliance, which will be formally agreed in the next two months, will exclude fresh food products, while each company will continue to work with supplier partners at a

July 02, 2018  |  comments ( 0 )  | 

Alibaba to invest over 100 bn yuan on smart logistics

Executive Chairman of Alibaba Group, Jack Ma made the announcement at the 2018 Global Smart Logistics Summit in Hangzhou, China.

June 02, 2018  |  comments ( 0 )  | 

Notices sent to HUL, P&G, LG: Taxman disallows AMP deductions sought by MNCs

Consumer companies such as Hindustan Unilever, P&G, L'Oreal, LG and Maruti Suzuki have already been notified by the income-tax department. Industry experts peg the total

May 25, 2018  |  comments ( 0 )  | 

Future Retail net losses escalate at Rs 464 cr In Q4

The company reported exceptional expense of Rs 603.87 crore in the reported quarter due to demerger of retail business undertaking of Hypercity Retail (India) with the

May 22, 2018  |  comments ( 0 )  | 

Coffee Day Enterprises Net Profit Rises 36 pc at Rs 34.5 Cr In Q4

For the corresponding quarter of 2017 fiscal, the company had posted a net profit of Rs 25.3 crore

May 18, 2018  |  comments ( 0 )  |