FMCG major Marico on Monday reported a 5% year-on-year (YoY) jump in its March quarter consolidated net profit at Rs 320 crore. The profit stood at Rs 305 crore in the corresponding period of the previous financial year. On a sequential basis, it was down 17% as against Rs 386 crore posted by the company … Read more
In the coming quarters, volume growth will largely depend upon the impact of the second wave of the pandemic. Synopsis The operating margin before depreciation and amortisation (EBITDA margin) of India’s largest two-wheeler maker expanded by 100 basis points year-on-year to 13.9% in the March quarter. ET Intelligence Group: Despite raw material inflation, Hero MotoCorp … Read more
New Delhi: Unemployment in urban areas rose to 9.1% in January-March 2020 from 7.9% in October-December 2019 from 8.4% in the previous quarter, data released by the Ministry of Statistics and Programme Implementation in the quarterly bulletin of the Periodic Labour Force Survey (PLFS) showed on Thursday. Urban unemployment was 9.3% in the March quarter … Read more