MUMBAI: ICICI Bank reported a record quarterly net profit of Rs 11,746 crore for the quarter ended September 30, marking a 14.5% increase from Rs 10,261 crore in the same period last year. Net interest income (NII) rose 9.5% to Rs 20,048 crore, compared to Rs 18,308 crore in the corresponding quarter of the previous…
Representative image Homegrown premium fashion label Rare Rabbit, which raised its first external funding this year, zoomed past the Rs 600-crore revenue milestone in FY24 while its net profit more than doubled. Bengaluru-based Radhamani Textiles, which owns men’s fashion brand Rare Rabbit and women’s brand Rareism, closed FY24 with Rs 637 crore in operating revenue…
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…
MUMBAI: Corporate India’s profits shrunk by 3.1% in the first quarter of FY25 compared to a 31% growth in the corresponding quarter last year. In terms of earnings growth, this is the worst first-quarter performance after the pandemic (since Q1FY21).In Q1FY25, net sales of 2,539 companies totalled Rs 22.9 lakh crore, a 5.2% increase from…
New Delhi: Shoemaker Bata India, on Tuesday reported an increase of 62.84 per cent in its consolidated net profit at Rs 174.36 crore in the first quarter ended June 2024, helped by margin expansion and gains from sale of industrial land. It had posted a net profit of Rs 106.89 crore in the April-June period…
New Delhi: Raymond Ltd on Tuesday reported a 26.7 per cent increase in consolidated net profit from continuing operations at Rs 57.04 crore in the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 45.02 crore from continuing operations in the same quarter last fiscal, Raymond Ltd said in…
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…
Kalyan Jewellers recently reported a 23.6 per cent YoY rise in its net profit at Rs 177.8 crore for Q1FY25. At the operating level, EBITDA of the company increased 16.5 per cent to Rs 376.1 crore in the first quarter of this fiscal over Rs 322.8 crore in the year-ago period. The EBITDA margin stood…
H&M posted on Thursday a 52-percent jump in net profit for the second quarter as the world’s second biggest fashion retailer pressed on with efforts to control costs. Chief executive Daniel Erver said the company had achieved its “best profit and cash flow for many years” in the April-to-June period, with profit after tax reaching…
New Delhi: Global lifestyle brand Swiss Military on Wednesday has reported 42.7 per cent increase in the consolidated net profit to Rs 2.37 crore in the fourth quarter ended March 2024 as against the net profit of Rs 1.66 crore in the same period of the previous fiscal, it said in a regulatory filing. Its…
