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HIGHER RAW MATERIAL COSTS
MRF shares fall after heavy raw material costs push Q2 profit down. Why Motial Oswal screams SellMRF reported a 27% YoY decline in Q2 consolidated net profit to Rs 387 crore, as a 43% surge in raw material costs offset 17% revenue growt...- Higher input costs drag MRF Q2 net profit down 23%Tyre maker MRF Ltd reported a 22.8% decline in net profit for the July-September quarter. Revenue from operations saw a growth of 17.4%, re...
- PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstockThe PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-t...
- Consumer goods cos turn to cost cutting amid higher input prices to protect demand, revive volume growthThe cost-cutting comes amid an elevated input-price outlook flagged by several companies during recent earnings calls, due to high raw mate...
- Ashwini Vaishnaw launches Semicon 2.0 portal, says 50% of units approved under ECMS are SMES, MSMEsUnion Electronics and Information Technology Minister Ashwini Vaishnaw has launched the Semicon 2.0 Web Application Portal. The initiative ...
- Berger Paints Q2 profit lags revenue growth on higher costsBerger Paints India recorded a consolidated net profit of ₹217.1 crore for the September quarter. Revenue from operations increased by 13.2...
- Adani’s copper smelter targets up to 85% utilisation by March on assured suppliesAdani Group’s Kutch Copper expects to increase smelter capacity utilisation to 80-85% by March, against its earlier target of 75%, as long-...
- Berger Paints to hike prices as rising raw material costs squeeze marginsBerger Paints India has reported a rise in profit driven by strong performances in several divisions. The company plans to raise prices and...
- Kansai Nerolac Q2 net profit rises 8% YoY to Rs 144 croreKansai Nerolac Paints announced an 8% increase in net profit for the September quarter. The company reported a revenue rise of over 18% to ...
- New orders & robust demand lift India's October services growth to 4-month highGrowth in India's services sector increased to a four-month high in October due to strong domestic demand and business orders. The HSBC Ser...
- US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives sayGlobal businesses expect limited immediate changes following Democrats' takeover of the US Congress, as high energy and raw material costs,...
- India's services growth accelerates to 55.8 in October, cost pressures ease to six-year lowIndia's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' ...
- Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chiefLahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need ...
- Pizza Hut, KFC India operator's Q2 loss naarrows sharply on strong same-store sales growthDevyani International, the parent company of KFC and Pizza Hut in India, has recorded a significant reduction in losses during its second q...
- India extends cotton import duty exemption till December 31The Indian government has extended the customs duty exemption on cotton imports to December 31. This decision aims to support the textile i...
- Govt extends customs duty exemption on cotton imports till December 31The Indian government has announced an extension of the customs duty exemption on cotton imports until December 31, 2026. This move aims to...
- Asian Paints’ consolidated profit jumps 7.5% YoY in Q2Asian Paints reported a 7.5% year-on-year rise in Q2 consolidated profit to Rs 1,067.6 crore, while net sales grew 16.9% to Rs 9,953.9 cror...
- Escorts Kubota hikes tractor prices as Middle East war fuels cost pressuresEscorts Kubota plans to implement price hikes on its tractor offerings in November 2026. The company cites inflation and geopolitical uncer...
- West Asia conflict drives 15-20% rise in corporate working-capital demand at banksWorking-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elong...
- UB expects Q3 profit growth to moderate on rising costsUnited Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inh...
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