FY23
E-Commerce
E-commerce industry records 26% YoY order volume growth in FY23: Research
Tier 1 cities reported the highest growth of 31.1% while tier 2 and tier 3 cities grew 23.3% and 22.4% respectively
New Delhi: India’s e-commerce industry has recorded an impressive 26.2% year-on-year (YoY) growth in order volume in financial year (FY)...
Fashion & Lifestyle
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)...
FMCG
Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products
New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
Consumer Durables & IT
Boat touches Rs 4,000 crore net sales mark for FY23
PTI -
The company has made significant investments in the local Indian manufacturing ecosystem, with most of its audio and wearables products now being manufactured in India
New Delhi: Audio and wearables brand Boat on Thursday said it has reached a net...
Fashion
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...
E-Commerce
Public procurement via GeM portal to cross Rs 2 lakh crore in FY23
PTI -
Procurement of goods and services from government portal GeM is expected to cross Rs 2 lakh crore during this fiscal year on account of an increase in buying activities by different ministries and departments
New Delhi: Procurement of goods and services...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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