New Delhi: Retail chain Shoppers Stop on Tuesday reported a consolidated net loss of Rs 20.59 crore in the second quarter ended September 30, 2024 on account of muted demand. The company had posted a net profit of Rs 2.73 crore in the July-September period a year ago, according to a regulatory filing from Shoppers…
Representative image Newly listed PN Gadgil Jewellers‘ shares hit the 10% upper circuit at Rs 806.4 during Monday’s trading session on the BSE after the company announced plans to open a new store every Navratri. PN Gadgil Jewellers will open 9 stores during this Navratri festival. The company made its market debut last Tuesday, listing…
MUMBAI: The current frenzy in the IPO market in India, Bajaj Group reputation and the strong fundamentals of Bajaj Housing Finance combined to set a few new records for the primary market on Wednesday.As the Rs 6,560-crore IPO for Bajaj Housing Finance closed in the evening, there were about 89 lakh investors who had shown…
Representative Image New Delhi: Apparel retailer Cantabil Retail reported a net profit of Rs 11.4 crore in the quarter that ended June 30, 2024 against Rs 12.3 crore profit in the same period last year, it said in a regulatory filing. The company posted a revenue of Rs 127.9 crore in the quarter, slightly up…
Representative Image Indian retailer Trent reported a two-fold jump in first-quarter profit on Friday, boosted by demand at its cheaper Zudio outlets, which cater to budget-conscious consumers. The retailer’s shares jumped 10% to a record high after the results. The Tata Group-owned company‘s consolidated net profit rose to 3.93 billion rupees ($47 million) for the…
Representative image Page Industries, which licenses Jockey and Speedo products in India, reported a rise in first-quarter profit on Thursday, buoyed by strong demand for athleisure products. The apparel maker reported a profit of 1.65 billion rupees (nearly $20 million) for the quarter ended June 30, compared with 1.58 billion rupees a year ago. The…
New Delhi: Leading jewellery retailer and watchmaker Titan on Friday reported a 5.42 per cent decline in its consolidated net profit to Rs 715 crore for the quarter ended on June 2024. The company posted a net profit of Rs 756 crore in the April-June quarter a year ago. However, its sales were up 12.64…
The upcoming Union Budget may see the government pave way for foreign-domiciled Indian startups to move their corporate headquarters back to India. The route for this is likely to be via the special economic zone of GIFT City — with minimal tax implications. In January this year, the government amended laws to permit the direct…
Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its…
Page Industries, which licenses Jockey International’s products in India, reported smaller-than-expected profit and revenue on Thursday, hurt by high inventory costs and subdued demand. The company reported an inventory cost of 364.6 million rupees, compared to a negative 1.83 billion rupees in inventory value a year ago. Its total expenses fell just 0.5%, while raw…
