Varun Beverages on Monday reported a consolidated net profit of Rs 548 crore, rising 25% year-on-year (YoY) for the quarter ended March 31, 2024, as compared to Rs 439 crore reported in the year-ago period. The revenue from operations for the reported quarter stood at Rs 4,398 crore which was up by 11.2% YoY over … Read more
The fourth quarter results season is coming to a fag-end, and analysts said despite earnings largely meeting expectations, there is a noticeable moderation in the overall earnings landscape. Some notable companies that will announce their earnings this week include Varun Beverages, Zomato, Airtel, Siemens, Power Finance Corp, Mahindra and Mahindra, HAL, and JSW Steel, among … Read more
CarTrade Tech shares jumped 14% to the day’s high of Rs 857.80 on the NSE on Monday after the multi-channel auto platform reported its highest ever revenue of Rs 161 crores for the quarter ended March 31, 2024, registering a 38% year-on-year growth. The profit after tax (PAT) for the reported quarter stood at Rs … Read more
Indian gold demand in the March quarter fell 17% to the lowest level in 10 quarters and is likely to remain subdued even during June and September quarters on record-high prices, the World Gold Council (WGC) said on Friday. The lower purchases in the world’s second-biggest gold consumer could limit a rally in global prices, … Read more
A drop in the number of people applying to courses has raised concerns about an NHS staffing crisis. Source link
New Delhi, (India) on Tuesday said its net profit declined by 4 per cent to Rs 243 crore in the third quarter ended December 31, 2022. The company had reported a net profit of Rs 252 crore in the October-December period of the previous fiscal. Total income, however, increased to Rs 1,302 crore in the … Read more
Bengaluru-based IT major today said its voluntary attrition rate reduced 180 basis points quarter on quarter (QoQ) to 21.2% in the December quarter. “Voluntary attrition moderated 180 bps from the previous quarter, landing at 21.2% for the trailing 12 months for the quarter,” Wipro said in its earnings release. This was the fourth quarter where … Read more
The State Government is likely to raise Open Market Borrowings (OMBs) of ₹6,572 crore in the form of auction of securities through the Reserve Bank of India for the fourth quarter of the current financial year which started on Sunday. Accordingly, the government had planned to participate in auction of securities conducted by the RBI … Read more
India‘s current account deficit widened to 4.4 per cent of the GDP in the quarter that ended September, from 2.2 per cent GDP during the April-June period, due to higher trade gap, as per data released by the Reserve Bank. “India’s current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of … Read more
An NHS Digital report for England indicates how likely children and young people are to have poor mental health. Source link