BENGALURU: India’s Arvind Fashions, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a slowdown in revenue growth in the key holiday quarter and warned that any improvement would only come next quarter. The company’s shares tumbled nearly 9% after the results, in their biggest intra-day slide in five weeks….
(Representative image) New Delhi: Footwear firm Bata India Ltd reported a 31.04% fall in their net profit, and a 0.7% rise in the total income during the third quarter ended December. This was driven by premium categories amid muted demands. Net profit fell from Rs 83.11 crore in the last year to Rs 57.31 crore…
Representative image New Delhi: Business Wire India Timex Group India Ltd, part of the iconic global watch maker announced its financial results for the quarter ended December 2023. The quarter saw a robust double digit revenue growth of 11% over the same quarter previous year, thus maintaining the growth momentum. In this quarter, the company…
BENGALURU: Indian conglomerate Raymond reported a third-quarter profit jump on Thursday, as healthy demand for its high-margin branded apparel and real estate offerings outweighed a rise in costs. The company’s consolidated profit after tax nearly doubled to 1.84 billion rupees ($22 million) in the three months to Dec. 31, it said in an exchange filing….
New Delhi: VIP Industries, a luggage and travel accessories maker, on Tuesday, has reported a decline of 83.78 per cent in consolidated net profit at Rs 7.15 crore for the third quarter ended in December 2023 from a consolidated net profit of Rs 44.10 crore in the same quarter of the previous financial year, it…
New Delhi: Manyavar-owner Vedant Fashions on Thursday has reported a 4.8 per cent rise in consolidated net profit at Rs 157.71 crore in the third quarter (Q3) that ended December 31, 2023. It posted a consolidated net profit of Rs 150.35 crore in the same period of the previous fiscal, the company said in a…
New Delhi: Footwear retail chain Metro Brands on Thursday reported a 12.57 per cent decline in consolidated net profit to Rs 98.78 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 112.99 crore during the October-December period a year ago, according to a regulatory filing from Metro…
MUMBAI: The recent rally in the stock price of life insurance major LIC on Wednesday helped it replace banking major SBI as the most valued government-run company in the country. At the close of the day’s trade, LIC had a market capitalisation of Rs 5.61 lakh crore compared to SBI’s Rs 5.59 lakh crore, BSE…
New Delhi: Credo Brands Marketing, the operator of men’s casual wear brand Mufti has reported a rise of 7.5 per cent in consolidated net profit after tax (PAT) at Rs 27.97 crore in the quarter (Q2) ended 30th September 2023. It reported a consolidated net profit of Rs 26 crore in the same period last…
Representative image New Delhi:Motisons Jewellers, a Jaipur-based retail jeweller company, on Friday said it has raised a little over Rs 36 crore from anchor investors days before its maiden public issue. The company has allotted 66 lakh equity shares to two funds at Rs 55 apiece — the upper end of the price band, according…
