October 14, 2026
Home Posts tagged Profit
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Nykaa reported a more than threefold increase in its quarterly net profit for the June quarter, driven by strong growth in its beauty business and a sharp rise in fashion sales. Consolidated net profit climbed to ₹800.1 million from ₹233.2 million a year earlier, while revenue from operations increased over 29% year-on-year to ₹27.82 billion. […]Continue Reading
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Eternal, the parent company of Zomato and Blinkit, reported a nearly four-fold increase in its first-quarter net profit to ₹920 million. However, the earnings fell short of analysts’ expectations as intense competition and continued investments in its quick-commerce business, Blinkit, put pressure on profit margins. The company said competition in the quick-commerce Continue Reading
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Nestle India reported a 26% rise in quarterly profit, driven by strong demand for packaged food products such as Maggi noodles and KitKat chocolates. The company’s shares responded positively, rising 6.8% following the announcement. Revenue for the March quarter grew 23% year-on-year to 67.48 billion rupees, marking the company’s highest domestic sales in the past […]Continue Reading
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According to a blog post by Sriharsha Majety, the CEO and Co-founder of Swiggy, the on-demand convenience platform’s food delivery business has become profitable. Mr. Majety stated that Swiggy’s food delivery business turned profitable as of March 2023, considering all corporate costs but excluding employee stock option costs. He emphasized that this Continue Reading

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