Feed Post

K

Stealth • 4m

Headline numbers: The Mamaearth parent reported a 21% growth in operating revenue for the March quarter to Rs 471 crore. Net profit stood at Rs 30.5 crore, against a net loss of Rs 162 crore a year ago. Key takeaway: The company is doubling down on its offline push, shifting from its earlier super-stockist model to directly appointing distributors in a bid to improve margins. By the way: CEO Varun Alagh said Honasa is eyeing over 20% compound annual growth rate over the next few years. Revenue growth for FY25 seen coming in at a similar clip.

0 replies2 likes

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

See More
3 replies21 likes
Anonymous

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

See More
0 replies6 likes

Aman Khan

Stealth • 6m

india's leading software exporter Tata Consultancy Services (TCS) on friday reported a consolidated net profit of Rs 12,434 crore in the fourth quarter . It was up 9% from Rs 11,392 crore a year ago.

0 replies3 likes

Shreyas Ramdasi

Stealth • 4m

Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs

See More
0 replies5 likes

Shreyas Ramdasi

Stealth • 5m

FMCG major Marico shares zoom nearly 10% after Q4 earnings The company’s stock jumped 9.73 per cent to Rs 582.75 on the BSE and zoomed 9.83 per cent to Rs 582.45 apiece on the NSE. Shares of FMCG major Marico Ltd advanced nearly 10 per cent on Tuesda

See More
0 replies2 likes

Jeet Sarkar

 • 

Norton • 5m

Mumbai-headquartered Tata Motors has posted a more than threefold jump in its consolidated net profit for the fourth quarter of 2023-24 to Rs 17,528 crore.

0 replies2 likes

Vikas Acharya

 • 

Medial • 7d

Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop

See More
0 replies3 likes

financialnews

Stealth • 1d

Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial Tech Mahindra reported a significant rise in consolidated net profit, which more than doubled to ₹1,250 crore in the July-September quarter of FY2024-25. This jump was primarily dr

See More
0 replies3 likes
Image Description
Image Description

Mr Z

Stealth • 2m

India’s Most Profitable Startups: Zoho and Zerodha Lead the Way India's startup ecosystem is witnessing a shift towards profitability, with companies like Zoho and Zerodha setting new benchmarks. # Zoho: Leading the Charge Chennai-based Zoho stand

See More
7 replies11 likes
1
Anonymous

Noida-based IndiaMART, which is India's largest B2B marketplace, recently announced its financial results for the first quarter ending June 30, 2024. The company reported consolidated revenue from operations of Rs 331 crore, marking a 17% increase f

See More
0 replies3 likes

Download the medial app to read full posts, comements and news.