Infosys is likely to report muted earnings in the quarter ended December due to seasonal challenges. While revenue growth is expected to remain modest on a sequential basis, net profit is likely to see a slight increase. Analysts also anticipate a potential upward revision in the company’s revenue guidance for fiscal 2025. According to average
Fast-food chains in India are expected to feel the pressure of an ongoing economic slowdown in Q3FY25, as consumers continue to cut back on discretionary spending, particularly in urban areas, according to analysts. Despite the festive October-December quarter being crucial for quick-service restaurants (QSRs), Bernstein highlights hat high food inflation and low real wage growth
Wonderchef, the kitchen appliance brand backed by celebrity chef Sanjeev Kapoor, has turned profitable in FY24, reporting a net profit of Rs 1.5 crore, according to data from the Registrar of Companies (RoC). It was against a total loss of Rs 51.8 crore in FY23. Ravi Saxena, managing director of Wonderchef, told FE that the
BrightNight, a renewable power producer, on Tuesday announced that it has commissioned the first phase of its 115 MW hybrid renewable power project, Optima Maharashtra, in Dharashiv, Southern Maharashtra. This is one of the state’s first co-located wind-solar projects. Spanning around 500 acres, Optima Maharashtra integrates advanced wind and solar technologies, powered by BrightNight’s proprietary
Shoppers Stop Ltd on Tuesday announced its fiscal third quarter earnings report with profit at Rs 52.23 crore, posting a growth of 41.74 per cent in comparison to Rs 36.85 crore during the same period last year. The company posted a quarterly profit growth after two quarters of loss. It said that the growth was
Urban Company, the technology marketplace for home services, has moved the Delhi High Court against healthcare products company Kent RO Systems, alleging that Kent caused losses worth “several crores” by having Urban Company’s water purifiers delisted from major e-commerce platforms. In 2023, Urban Company, formerly known as UrbanClap, launched its own water purifiers under the
– By Dr Nupur Pavan Bang Behind the dazzling success of family businesses lies an often-untold story—the story of tangled emotions, power struggles, and fractured relationships. While these enterprises drive economies and legacies, they can also unravel spectacularly when trust erodes and clarity falters. The recent Kalyani family feud reminds us that even the most
Brokerages expect Reliance Industries (RIL) to report flattish year-on-year (YoY) growth in earnings and Ebida for the October-December quarter, with only single-digit sequential growth. Morgan Stanley anticipates a 4% quarter-on-quarter (QoQ) rise in earnings and Ebitda, but a relatively flat performance on a YoY basis. The brokerage attributes this to the impact of telecom tariff
Adani Energy Solutions saw a 73% jump in net profit in Q3FY25 at Rs 561.78 crore as compared to Rs 324.90 crore in Q3FY24. The company said profit rose due to a strong EBITDA growth and was boosted by the reversal of net deferred tax liability of Rs 185 crore mainly due to divestment in
Hindustan Petroleum Corp Ltd on Thursday reported a surge of 256.8% year-on-year in its consolidated net profit for the December quarter of FY25 at Rs 2,543.65 crore from Rs 712.84 crore in the year ago period. The company’s net profit also rose significantly from Rs 142.67 crore in the second quarter of FY25. The increase
The country’s largest consumer goods company, Hindustan Unilever (HUL), has put in place a four-pronged strategy to grow its beauty and wellbeing business, created in April last year. The plan aims to increase the share of its premium portfolio within beauty and wellbeing by 900 basis points (bps) in the coming years, as HUL accelerates its
Construction materials solutions firm Infra.Market has successfully raised approximately $120 million (Rs 1,050 crore) in its pre-IPO funding round, according to sources aware of the matter. The round witnessed participation from several prominent investors, including Tiger Global, Evolvence, Foundamental GmbH, Ashish Kacholia, Nikhil Kamath, Abhijit Pai, Sumeet Kanwar, Nuvama, Capri Global, among others. As the
India’s import of LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency. The agency has estimated the country’s growth in LNG imports to slow down to 10% in 2025 against 21% recorded in the calendar
