retail industry latest updates
Food & Beverage
Dryfruit brand Bolas eyes Rs 2,000 cr revenue in FY25: Director Rahul Kamath
The company, which currently operates 76 stores across Karnataka, plans to increase that number to 100 by the end of FY25
New Delhi:Â Karnataka-based dry fruits brand Bolas is on track to cross Rs 2,000 crore in revenue for the fiscal...
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Sebi proposes increase in application size for SME IPOs
PTI -
This move follows a rise in SME (small and medium enterprises) issues, which has driven significant investor participation.New Delhi: Markets regulator SEBI on Tuesday proposed increasing the minimum application size for SME IPOs to up to Rs 4 lakh,...
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Whirlpool of India Q2 net profit rises 40% to Rs 53.5 cr on higher volume
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Its revenue from operations was 12.58% higher at Rs 1,713 crore during the quarter under review. The same was Rs 1,521.56 crore a year agoNew Delhi: Consumer durable maker Whirlpool of India Ltd on Friday reported a 40.13% rise...
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Trent Q2 profit grows 47% to Rs 335 cr; sales jumps 39.3%
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Trent's total expenses rose 48.49% to Rs 3,743.61 crore in the September quarter.New Delhi: Tata Group retail firm Trent Ltd on Thursday reported a 46.9% growth in its consolidated net profit to Rs 335.06 crore for the second quarter...
In Focus
Fusion of Art and Commerce Helps Virtuous Retail Create Culturally Rich Shopping Environments
Sumi Gupta, board member of VR South Asia, who spearheads all things art and culture at the group, talks about the unique approach of curating art festivals in retail spaces to foster a deep community connection and drive commerce.New...
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Emami Q2 net climbs 19% to Rs 213 cr
PTI -
Revenue from operations during the quarter rose by 3% to Rs 891 crore, with the domestic segment advancing by 2.6% and international business growing 6%New Delhi: FMCG major Emami Ltd on Thursday reported a 19% year-on-year increase in its...
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Diwali 2024 saw e-commerce sales surge by 49%: Report
The report added that the logistics improvements played a pivotal role, with delivery times reduced to 2.5 days and a 95% on-time delivery rate.New Delhi: The Diwali 2024 saw online sales soaring by 49%, a 10% increase over last...
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Brookfield India REIT plans to raise up to Rs 3,500 cr via issue of unitholders
PTI -
The company also announced the distribution of Rs 220.8 crore for the second quarter of this fiscal to unitholders.New Delhi: Brookfield India Real Estate Trust on Thursday announced plans to raise Rs 3,500 crore through the issue of units...
Results
Lenskart’s profit surged 5% to Rs144 cr in FY24
The retail stores from Lenskart and its online website feature over 5,000 eyewear styles. It is among the first companies in India to use robotic techniques in the eyewear sector.
New Delhi: Eyewear omnichannel retailer Lenskart reported a 5% jump...
Food & Beverage
Zoff eyes Rs 450 cr by 2029, focus on offline expansion: Co-founder Akash Agrawalla
The Shilpa Shetty-endorsed brand is present in over 5,000 mom-and-pop stores with plans to expand it further.New Delhi: Raipur-based food and manufacturing company Zoff (Zone of fresh foods) which sells spices and dry fruits online eyes a revenue of...
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Reliance Retail joins hands with Department of Consumer Affairs
Celebrated annually on December 24, National Consumer Day underscores the significance of consumer rights in India’s economic landscape.New Delhi:...
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