ICRA
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Indian road logistics industry revenues to grow at 3-6% in FY2025: ICRA
PTI -
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...
Latest News
Dhanteras gold demand likely to stay robust amid anticipated bull market
PTI -
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,...
Fashion & Lifestyle
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...
Fashion
Organised jewellery likely to witness 12-15% growth in revenue in FY24: report
PTI -
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...
Big Grid
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...
Consumer Durables & IT
Scorching summer to boost AC volume by 15-20% this fiscal: Report
PTI -
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
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...
Analysis
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...
Fashion
Domestic jewellery industry to witness 12 % growth in FY23: Report
PTI -
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...
Big Grid
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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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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