The omnichannel meat retailer, Licious, witnessed a notable reduction in its losses for the financial year concluding on 31 March 2023, marking a decrease of approximately 38 per cent to Rs 528.6 crore compared to Rs 855.7 crore the previous year. Concurrently, the company experienced a growth in revenues by 9.5 per cent, reaching Rs […]
Wakefit, said that it has clocked in revenue of Rs 825 crore in FY 2022-23. The brand has put in focused efforts towards omnichannel expansion, scaling supply chain operations, and enhancing brand building initiatives. Having registered a 30 per cent Year on year (Y-o-Y) growth in revenue compared to FY 2021-22, Wakefit.co continues its growth […]
Infinium Pharmachem , engaged in the manufacturing of Pharma Intermediates and APIs, Iodine derivatives has reported net profit of Rs. 9.49 crore for FY23, with Y-o-Y growth of 55.4% as compared to the net profit of Rs. 6.10 crore in FY22. Revenue from Operations grew 15.24% to Rs. 114.22 crore in FY23 as against revenue […]
Adani Wilmar (AWL) on Wednesday reported a 60 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 94 crore for the fourth quarter ended on 31 March 2023 (Q4FY23), compared to Rs 234 crore previous year in the same quarter, as per the company’s official statement. The company’s revenue also fell 7 […]
Adani Total Gas (ATGL) on Tuesday announced its operational and financial performance for the fourth quarter and full year ended March 31, 2023. Among the major highlights in the media release was the 46 per cent growth in the company’s revenue in FY23. ATGL also said that it targets creating over 3000 EV charging points […]
IndiaMART reported consolidated Revenue from Operations of Rs 269 crore in Q4 FY23, a growth of 33 per cent YoY primarily driven by a 20 per cent increase in the number of paying subscription suppliers and the addition of Rs 12 crore revenue from accounting software services, according to the company’s release. Consolidated Deferred Revenue […]
Welspun India announced its Q4 FY23 results on Thursday. The textile major, after touching a double-digit EBITDA last quarter, marked the highest EBITDA per cent in the last six quarters, clocking 14.6 per cent in Q4, up 30 per cent YoY and 40 per cent QoQ. It added a significant growth of 31 per cent […]
Reliance Retail reported a 12.9 per cent year-on-year (YoY) rise in its consolidated net profit in Q4FY23 at Rs 2,415 crore, compared to Rs 2,139 crore in the same quarter last year. The company’s revenue from operation grew by 21.1 per cent YoY at Rs 61,559 crore in the quarter gone by. Its Earnings Before […]
Indian Railways (IR) on Monday posted a 25 per cent growth in its revenues to Rs 2.40 lakh crore for the financial year 2022-23 (FY23). This jump in revenues is nearly Rs 49,000 crore more than the previous year, according to a statement from the ministry of railways. During the financial year 2022-23, freight revenue, […]
Organised jewellery retailers in India are expected to continue outpacing the industry over the medium term, owing to industry tailwinds such as an accelerated shift in market demand from unorganised retailers and planned expansion of retail presence to capitalise on the tailwinds, according to credit rating agency ICRA. In its most recent research report, the […]
