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Indian road logistics industry revenues to grow at 3-6% in FY2025: ICRA

The operating profit margins are expected to remain range-bound at 10.5-12.5 per cent in FY2025 as concerns on cost inflation persistNew Delhi: The Indian road logistics industry's revenue will remain range-bound and grow at a slower pace of 3-6...

Dhanteras gold demand likely to stay robust amid anticipated bull market

Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectivelyKolkata: A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns,...

Indian fashion retailers to witness revenue growth of 10% in FY24: Report

Following a 51% YoY (year-over-year) revenue growth in the fiscal year 2023, the fashion retail industry is anticipated to experience a slowdown in the current fiscal year due to inflationary pressures, according to ICRA Bengaluru: Demand pressures and inflationary headwinds are...

Organised jewellery likely to witness 12-15% growth in revenue in FY24: report

Icra expects industry growth to moderate to 8-10% YoY (in value terms) in FY24 with volume growth likely to remain constrained by expected volatility in gold prices amidst global macro-economic uncertainties and evolving domestic inflationMumbai: The organised jewellery retailers...

Top 5 QSR players in India to add 2,300 stores in FY2023-25: ICRA

The stores will be added with an estimated capex at around Rs. 5,800 crore (excluding refurbishment) for this period, twice that of the levels seen during the pre-Covid era, as per ICRAMumbai: The top five players in the domestic quick-service...

Scorching summer to boost AC volume by 15-20% this fiscal: Report

The Air Conditioner (AC) makers are expected to register an operating profit margin of 8.8-9.2% in FY24Mumbai: On the back of a record 26-28% volume growth in FY23, the air conditioner market is set to log in another healthy...

Fashion retail entities expected to see 45% revenue growth in FY23: ICRA

The sales growth will led by a pick-up in discretionary spending and normalisation of store operations, post-pandemic Bengaluru: Fashion retail entities are expected to witness an encouraging 45% year-on-year (YoY) increase in sales in fiscal year (FY) 2023, as per a...

Jewellery retailers to outpace industry growth: ICRA

Organised jewellery retailers’ revenue likely to grow by 20% year-on-year in the financial year 2023 and by 10% year-on-year in the financial year 2024New Delhi: Organised jewellery retailers in India may continue to outpace the industry over the medium term on...

Domestic jewellery industry to witness 12 % growth in FY23: Report

The expected Jewellery industry growth will be driven by robust growth in the first quarter of FY23 along with steady wedding and festive demandMumbai: The domestic jewellery industry, which recorded healthy sales during the festival period, is expected to...

Demand for jewellery could drop by 8% and 15% in Q2 and Q3, respectively

The demand for jewellery in India is expected to contract in the second and third quarters of fiscal year 2023 due to a combination of factors including the recent hike in import duty on gold, high volatility in prices...
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Latest News

HUL Q4 profit dips 1.53% to Rs 2,561 cr, net sales flat at Rs 15,013 cr

Net sales of Hindustan Unilever Ltd (HUL) were almost flat to Rs 15,013 crore in the March quarterNew Delhi:...
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