2025-01-24 22:31:00 : Record passenger numbers between October and December helped IndiGo parent InterGlobe Aviation post better-than-expected revenue, but a sharp fall in the rupee against the dollar hurt the profitability of the country’s largest airline. The rupee depreciated 2% against the US dollar in the latest quarter resulting in foreign exchange losses as IndiGo’s … Read more
2025-01-24 20:37:00 : Mumbai-based Godrej Consumer Products Ltd (GCPL) on Friday reported a 28% fall in standalone December quarter profit due to what it termed “temporary headwinds” due to weak demand for Urban and palm oil in the quarter. Oil prices rise. Profit for the period ₹341.54 Crore ₹472.58 Crores reported. Operating December quarter revenue … Read more
2024-10-21 20:09:55 : MUMBAI: Fierce competition in India’s cement industry has eroded profits at the country’s largest construction materials maker, with UltraTech Cement’s profits falling by more than a third in July-September. The company reported consolidated profit of $8.2 billion, down 36% year-on-year. Comprehensive revenue fell 2% $15,635 Crores. This was despite its consolidated sales … Read more