Ph • 1y
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.
Trying to do better • 10m
Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la
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1)Precision Camshafts Q3 Results: Auto component-maker posts ₹6.35 crore net loss, revenue tanks 25% YoY 2)Honasa Consumer Q3 Results: Net profit rises marginally to ₹26 crore, revenues up 6% YoY 3)Bharat Forge Q3 results: Net profit falls 16% to ₹
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JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11% JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI
See MoreMechanical Engineer • 1y
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
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