Photo: Facebook
Nykaa Reports 58% Fall In Profit, Revenue UP By 36%
Iconic fashion brand and e-shopping site Nykaa recorded a plunge in profit. On February 9, the company released Q-3 FY and reported 58% down profit to Rs 29 crore revenue. Although the revenue was increased by 36%, the overall profit income decreased from the previous Rs 68.88 crore profit. In addition, the revenue till December 2021 increased by Rs 1,098.39 crore from the previous Rs 807.96 crores.
Tags: Nykka, Cosmetics Brand, Q3 FY, revenue, PROFIT
Courtesy: The Economic Times
Photo: Khadims
Khadim India's Revenue Grows By 83% In Q2FY22 From Q1FY22
Indian footwear company Khadim announced that it has registered a growth of 83% in the second quarter of the financial year 2022. The revenue increased from Rs 882.30 million in Q1FY22 to Rs 1616.46 million in Q2FY22. The company registered a net profit of Rs 64.75 million in Q2FY22 compared to a loss of Rs 108.90 million in Q1FY22. ''We're looking forward to doing good business,'' said CEO Ashok Chotrani.
Tags: Khadim India, revenue, net profit, footwear, Q2 2022
Courtesy: ANI
Photo: Car Tyres
Apollo Tyres Q2 Results: Revenue Grows By 18%, To Rs 5,077 Crore
Apollo Tyres Limited's revenue for the second quarter of the financial year 2021-22 increased by 18% to Rs 5,077 Crore compared to the first quarter. Reportedly, the company had registered Rs 4295 in the last quarter, making the total Rs 9,662 crore for the half of FY21. ''We've seen a robust demand...which is visible in the healthy revenue,'' said Onkar Kanwa, Chairman of the company.
Tags: Apollo Tyres, Q2, FY21, revenue, Growth
Courtesy: United News Of India
Photo: Money Control
Retail Chain D-Mart Registers 46.6% Growth In Q2 Revenue
The retail chain D-Mart by Avenue Supermarts Ltd has registered a 46.6% growth in its revenue for the second quarter in September 2021. The current revenue stands at Rs 7,649.64 crore compared to last year's Rs 5,218.15 crore in the same quarter. Reportedly, the company, promoted by Radhakishan Damani and his family, sells basic home and personal products in India.
Tags: Avenue Supermarts, D-Mart, revenue, Second Quarter
Courtesy: The Free Press Journal
Photo: Mumbai Live
1K-1.5K Crore Revenue Every Month By 2023, Says Nitin Gadkari
Road Transport and Highways Minister Nitin Gadkari on September 19 said Delhi-Mumbai Expressway to generate revenue of Rs 1,000-1,500 crore monthly after being operational in 2023. Furthermore, he called the National Highways Authority of India's (NHAI) a "gold mine" with its income to increase from the current 40,000 crores to Rs 1.40 lakh crores. The expressway is the first phase of the Centre's ambitious '… read-more
Tags: Delhi-Mumbai Expressway, revenue, NHAI, Bharatmala Pariyojana
Courtesy: The Print
Photo: Fibre2Fashion
Capri Expects To Stand At $5.3 Billion At Year End
For a second time in a year, the multinational fashion company, Capri Holdings Ltd has upraised their annual revenue forecast as shoppers consumed a lot of their costumes and bags. After defeating Wall Street estimates for the first-quarter revenue, Capri stands at a profit of 1.9% in premarket trading. The company expects total revenue of $5.3 billion at the end of the year.
Tags: revenue, Luxury Life, capri, costumes, Bags
Courtesy: The Business of Fashion
Photo: Bing
Crocs Q2 Revenue Soars 93.3%; To Go Zero-Carbon Soon
"Crocs" goes from subversively cool to the mainstream as its footwear is being worn from the kids to the adults. Reportedly, the shoe-making company has gone from making $24,000 in annual sales to $1.4 billion in 2020. The revenue also soared 93.3% to $640.8 million in the second quarter (Q2) of 2021. Crocs also aims to introduce zero-carbon emissions in its business by 2030.
Tags: footwear, revenue, crocs, zero carbon emissions
Courtesy: Retail Dive
Photo: DT next
Undocumented Indian Immigrants' Spending Power Is $15.5 Bn: US Report
Over half a million undocumented Indian immigrants are the third largest contributor to the US economy with a collective spending power of $15.5 billion, revealed an American think-tank's report. As for the spending power, India ranked second since undocumented Mexicans topped the chart with $82.2 billion. El Salvador ($11.5bn), Guatemala ($9.1bn) and Honduras ($6.4bn) followed India in the chart. The report also stated Indian immigrants… read-more
Tags: immigrants, USA, Global Economy, revenue, Diaspora
Courtesy: Business standard
Photo: Mercom India
Railway Sees 87% Dip In Passenger Revenue, Not Definite Over Normalcy
Railway Board Chairman V K Yadav stated that the Indian Railways has seen an 87% drop in passenger revenue due to the pandemic. He also said, "It is not possible to give a definite date for the resumption of normal train services." Yadav added that while normal trains are suspended, 1,089 special trains are running on 30-40% occupancy. However, he hoped that the deficit in passenger revenue will be bridged by the freight revenue.
Tags: IndianRailways, revenue, train, Covid-19, Lockdown, special trains
Courtesy: NDTV
