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INTEX PROFIT
Euro Pratik files draft papers with Sebi for Rs 730-cr IPOOver the years, it has developed an extensive product range catering to both residential and commercial applications which are predominantl...- Even apples shrivel in Chinese storm'The big four' in Indian consumer electronics space — Samsung, Apple, Sony, Panasonic — were forced to adjust prices and saw their profits ...
- Battered by competition, Intex plans to make products for Chinese firmsIt has found an innovative plan to deal with the scourge that all but wiped off India's mobile industry.
- 250,000 and counting: Handsets sector sheds jobs to remain afloatThe cut of about 15% of the workforce comprised mainly of in-store brand promoters who were put out of work after thousands of small phone-...
- Karbonn to relaunch Sansui brand in IndiaThe Sansui brand was earlier licensed to Videocon for 17 years.
- Domestic mobile phone makers’ revenues hit by Chinese companiesThe combined revenue of Micromax, Intex and Lava, which make smartphones and feature phones, fell 22%.
- Intex’s profit, revenue shrink further in FY18Company’s revenue from operations in 2017-18 stood at Rs 2,861.9 crore, down 32.3 per cent from Rs 4,228.7 in the previous year
- Desi phone companies look for a high at the low-endLava was the only local brand which registered positive annual growth during the quarter ended June, driven by entry-level models, said ana...
- Samsung is a Rs 50,000 crore business in IndiaSamsung’s smartphone business grew sales by 26.7% to Rs 34,261 crore, while the home appliance business grew by 12% to Rs 6,395.6 crore.
- After Hours: Maruti now 7th most valuable firm; GAIL spikes 9%The investors remained cautious ahead of Modi government's acid test in Gujarat elections.
- Intex eyes Rs 4,200 crore revenue this fiscalThe consumer business should contribute 50% towards the overall revenue in the coming time, Intex CFO Rajeev Jain told ET.
- Micromax’s profit triples to Rs 365.8 crore in FY17Financial data accessed from the Registrar of Companies (RoC) show that Micromax Informatics’ revenue in FY17 was Rs 5,614 crore (Rs 9,825....
- Reliance Jio’s ripple effect: Intex says sales plunged 30% in 2016-17Intex posted revenue of Rs 4,364.08 cr in the year ended March 2017 compared with Rs 6,233.42 cr in the previous year, while net profit dec...
- Mobile phone makers plan to cut production; considers laying off factory workers post demonetisationIndustry insiders said they expect 2-3 months impact on current manufacturing activities. Analysts expect demand to normalise by mid-Februa...
- Samsung, Micromax, Intex lead Indian smartphone market in Q4It was a huge quarter for Indian brands – their share of the smartphone market was at an all-time high of 45%, while 67% of all phones ship...
- Mid-segment handsets assume prominence in Indian phone market in Q1 of 2016: CMRSamsung, Micromax and Intex led the overall and smartphone markets in India for the quarter ended March, during which 52.8 million handsets...
- Samsung Electronics leads affordable segment in India’s smartphone marketThe South Korean electronics major had a 40% share in smartphones, by value and volume, in the same period of 2015.
- New IPL teams: Sanjiv Goenka's New Rising gets Pune, Intex gets RajkotKolkata-based Sanjiv Goenka’s company New Rising and Delhi-based handset maker Intex have won the bids for the two new IPL franchises.
- With surging sales, Indian handset makers like Micromax, Lava eye robust revenue growthHandset makers Micromax, Lava and Intex expect a 100 per cent year-on-year revenue growth in the year to March 2016 on the back of surging ...
- Competition in low-cost smartphone market intensifies as Intex, Spice and others launch cheaper versionsSmartphones in India have had an entry point of Rs 5,000, catering to which has helped Micromax, Karbonn and Lava play the price game again...
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