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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 people returning to workplaces after the pandemic. Rentomojo—the winner of The Economic Times Startup Awards 2024 in the Comeback Kid category—reported a 60% rise in operating revenue to Rs 193 crore in FY24, according to its financial results filed with the Registrar of Companies. Controlled rise in expenses during the year saw net profit surge more than threefold to Rs 22 crore last fiscal from Rs 6 crore in FY23. It posted an earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 65 crore during the year. Rentomojo's founder and chief executive Geetansh Bamania told ET that during FY24, the company took steps to enhance the use of automation, resulting in major cost savings.
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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,
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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
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Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R
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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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