India Inc: Key takeaways from Q2 earnings season for investors

India Inc: Key takeaways from Q2 earnings season for investors

The Q2 FY25 earnings season for Nifty 50 constituents showcased a mixed bag of performances across sectors, reflecting the dynamic interplay of macroeconomic conditions, consumer trends, and industry-specific challenges. While certain sectors like Pharma and Realty demonstrated robust growth driven by strong demand and operational efficiencies, others like Energy and Infrastructure faced headwinds in profitability. … Read more

Pandemic boost: Number of licences for drug manufacturing units, medical stores soars in Gujarat

Pandemic boost: Number of licences for drug manufacturing units, medical stores soars in Gujarat

“Generally, we used to issue 350 to 450 new licences before the pandemic,” Dr Hemant Koshia, Gujarat FDCA commissioner, said. Gujarat’s Food & Drug Control Administration (FDCA) issued a record number of licences for new manufacturing units and sales units (medical stores) after the Covid-19 outbreak. Going by official data of the previous three years, … Read more