Relaxo Footwear reported muted September Quarter 2024 results. Leader in open footwear segment in India, Relaxo Footwear reported revenue fall of 5% YoY in Q2FY25 amid weak demand scenario. Revenues stood at Rs 6794 million in Q2FY25 against Rs. 7153 million in corresponding quarter previous year.
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Bata India Ltd, European footwear giant and India’s most trusted Indian footwear brand reported lackluster September Quarter 2024 results amid muted demand and high inflation. Revenues stood at Rs 8371 million in Q2FY25 compared to Rs 8,191 million same period previous year, a rise of 2% YoY. Earnings before interest, tax, depreciation and amortization (EBITDA) […]
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Suhani Adilabadkar Marico reported its Q3FY25 quarterly update on January 3, 2025 after trading hours. The stock price touched a high of Rss 667 on January 6, 2024 before the market crashed due to HMPV fears. As per the Marico quarterly update, the FMCG sector witnessed steady demand trends on the back of improving rural […]
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Indiastockguru Team TVS Motor Company’s electric scooter wholesale volumes increased 79% YoY in December 2024. The electric scooter segment with flagship brand, TVS iQube witnessed robust wholesale volume growth in 2024. In 2020, TVS Motor Company launched its first electric product, the TVS iQube and has since expanded its offerings across a diverse range. TVS […]
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Indigo Paints, the fifth largest paint company in India reported revenues of Rs 2885 crore in Q2FY25, a rise of 6.7% YoY. Weak demand and price reductions have led to lower revenue growth in September Quarter 2024.The company has outperformed industry growth despite subdued market conditions. Operating margins came in at 16.46% in September Quarter […]
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