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Kalyan Jewellers records profit of Rs 144 crore in Q1FY24

The jewellery retailer’s revenue witnessed a growth of 31% to Rs 4,376 crore as against Rs 3,333 crore in the corresponding quarter of the financial year 2023 Bengaluru: Indian jewellery brand Kalyan Jewellers has recorded a consolidated profit after tax (PAT)...

Retail Tech Case Study: How Soch plugged leaks to achieve 98% real-time inventory visibility

Ethnicwear brand Soch struggled with inventory leaks that led to nearly 30% of lost revenue opportunity. Using the right technology, it is now able to achieve higher visibility and 20% more revenue Bengaluru: Premium ethnic wear brand Soch Apparels was incepted...

Apple logs June quarter revenue record in India on robust iPhone sales

India figured prominently in the Cupertino-based iPhone maker's latest earnings call, as the company highlighted how the performance of newly-launched stores here exceeded expectationNew Delhi: Tech giant Apple set a June quarter revenue record in India, driven by robust...

Tata Consumer Products Q1 net profit rises 30% to Rs 358.57 crore

Its revenue from operations was up 12.45 per cent to Rs 3,741.21 crore during the quarter under review as against Rs 3,326.83 crore in the corresponding period of the preceding fiscal New Delhi: Tata Consumer Products Ltd (TCPL) on Wednesday...

IndiaMart Q1 profit jumps 78% to Rs 83 crore; to buy back shares worth Rs 500 crore

The company also announced the buyback of 12,50,000 equity shares worth Rs 500 croreNew Delhi: Online B2B marketplace and discovery platform IndiaMart on Thursday reported a 78 per cent rise in its net profit to Rs 83 crore in...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Indian fashion retailers to witness revenue growth of 10% in FY24: Report

Following a 51% YoY (year-over-year) revenue growth in the fiscal year 2023, the fashion retail industry is anticipated to experience a slowdown in the current fiscal year due to inflationary pressures, according to ICRA Bengaluru: Demand pressures and inflationary headwinds are...

Winni Cakes & More records 74% Y-o-Y GMV growth

Winni Cakes & More by Winni has also opened 125 more retail stores in financial year 2022-23New Delhi: Panchkula-based Winni Cakes & More has recorded a year-on-year growth of 74% in gross merchandise value (GMV) in the financial...

Saj Food Products eyes Rs 5,000 cr revenue in five years

The Kolkata-headquartered company, which owns Bisk Farm' brand, is likely to close the current financial year with a revenue of around Rs 2,100 croreKolkata: Biscuit maker Saj Food Products, which is expecting to touch a revenue of Rs 2,500 crore...

Fashion retail entities expected to see 45% revenue growth in FY23: ICRA

The sales growth will led by a pick-up in discretionary spending and normalisation of store operations, post-pandemic Bengaluru: Fashion retail entities are expected to witness an encouraging 45% year-on-year (YoY) increase in sales in fiscal year (FY) 2023, as per a...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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