Companies report best sales growth in 9 quartersAt 12.7%, net profit continued to grow in double-digits for the fourth consecutive quarter.
06 Nov, 2017, 09.13 AM IST
Core sector growth hits 6-month high of 5.2% in SeptemberEight core industries recorded a growth of 5.2 per cent in September, after witnessing a five-month high in August, official data released ...
31 Oct, 2017, 11.46 PM IST
Havells India plunges 5% on less-than-expected Q2 profitNet sales during the quarter under review stood at Rs 1,777.36 crore against Rs 1,559.33 crore in the year ago period.
24 Oct, 2017, 10.01 AM IST
Havells India reports Rs 171 crore profit for July-SeptemberThe company had posted a net profit of Rs 145.79 crore during the same period previous fiscal, Havells India said in a regulatory filing.
23 Oct, 2017, 02.54 PM IST
DeMo didn’t hurt us, expect 30% growth in H2: Rajeev Jain, Bajaj Finance“SME lending is what we are being cautious about given the demonetisation and post that GST disruption.”
16 Oct, 2017, 05.21 PM IST
Factory output jumps to 9-month high in August, inflation easesIndices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2017 rose 3.3%, 1.6% and 6.2...
13 Oct, 2017, 12.01 AM IST
Demand is even better than pre-GST levels: Sunil Duggal, Dabur India“Advent of Patanjali has shown that there is a far larger market for ayurvedic products and traditional Indian products than ënvisaged earl...
26 Sep, 2017, 12.54 PM IST
India FY18 GDP growth likely at 7.1 pc: NomuraWhile demand-side price pressures remain contained, supply side and statistical factors like food prices, GST and HRA are driving inflation...
13 Sep, 2017, 05.51 PM IST
GST dampens Onam sales in KeralaThe consumer durables market in Kerala is calculated to be in the range of Rs 2000 to 3000 crore a year. Of this, about 50 to 60% of the sa...
01 Sep, 2017, 06.41 PM IST
Gold discount disappears as market turns positiveGold prices dropped by 2.41% since GST was rolled out as rupee firmed up against USD.
08 Aug, 2017, 09.24 AM IST
We will end up with good double digit growth in August: Abhijit Roy, Berger Paints"We went into definite positive zone in July so there was some amount of restocking which happened and August is looking better," said Roy.
07 Aug, 2017, 11.49 AM IST
GST impact of destocking is between 15 to 20 crores: Mithun Chittilappilly, V-Guard Industries"We grew by almost 17% to 18% in Q4 last year and that growth decelerated to 1% growth in the next quarter. So obviously that kind of poor ...
01 Aug, 2017, 02.16 PM IST
V-Guard Industries Q1 net profit falls 46% to Rs 23 croreThe company said destocking by trade due to GST led to drop in volumes and consequent drop in margins.
01 Aug, 2017, 01.00 AM IST
HUL likely to beat peers, Street awaits co’s view on GST impactDestocking in the weeks before the GST rollout is likely to dent growth numbers in June quarter.
17 Jul, 2017, 08.42 AM IST
Pharma is far from feeling healthy, GST adds to painThe GST rollout has impacted the primary sales of pharma companies in the domestic market and aggravated their overall performance.
13 Jul, 2017, 08.38 AM IST
Retail inflation cools to record low in June, factory output shrinks in MayIndustrial growth slows to three-month low in May possibly due to changes in production ahead of the goods and services tax implementation.
13 Jul, 2017, 12.27 AM IST
Gold may shine brighter this Akshaya TritiyaDemand to rise as buyers fear that gold may turn costlier post GST launch, traders say.
18 Apr, 2017, 11.35 AM IST