Retail inflation at 6.52% in January 2023 surprised economists, analysts and the common man. A three-month high consumer price index (CPI) has validated RBI’s hawkish tone in the December monetary policy review. The central bank had raised the repo rate, key benchmark interest rate by 25 basis points. Repo rate is the rate at which […]
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Marico reported consolidated revenues of Rs 2,470 crore, 2.6% YoY increase against Rs 2,407 crore, corresponding quarter previous year. Domestic revenues came in at Rs 1,851 crore up 2% YoY in Q3FY23. International revenues (Rs 619 crore), 25% of total revenue base reported 8% YoY constant currency growth in Q3FY23. Volume growth for December Quarter […]
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Titan Company’s quarterly business update was released on January 6, 2023. The stock price fell 2% intraday on the same day. As per the Q3FY23 business update, watches & wearable segment reported sales growth of 14% YoY followed by jewellery segment sales rising 11% YoY. Eye care sales grew 10% YoY. Quarterly growth rates in […]
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