Financials of Hero motors Limited are updated for 2025
India’s quick‑commerce star may be preparing for its biggest delivery yet — an IPO. What’s happening? Zepto is reportedly planning to file draft papers for a $500 million IPO in In...
Mohan Meakin, a renowned name in the industry, has recently unveiled its Q1FY24 results. Let's delve deeper into the numbers and uncover the story they tell. 1. Sales: The company reported sales of 305 Cr in Q1FY24, a decrease from 344 Cr in Q1FY23. This represents a reduction of roughly 11.3%. 2. Cost of Material Consumed: There has been a significant reduction in the cost of materials consumed...
Introduction Indian digital wallet major, MobiKwik, recently unveiled its financial results for the June quarter of 2023, setting the tone for its stellar performance in the ongoing fiscal year. The figures hint at a promising trajectory, marking significant milestones for the company. Robust Financial Growth: Highlighting a surge of 181% year-on-year, MobiKwik reported an adjusted Ebitda of Rs...
Introduction India's power transmission sector is witnessing a wave of innovative business strategies aimed at enhancing business models and value optimization. One such player is Sterlite Power, supported by Vedanta Group's Anil Agarwal, which is currently undergoing an internal restructuring exercise. With Singapore's sovereign wealth fund, GIC, on the verge of a significant investment, all eyes...
Introduction: Sterlite Power, a key player in India's power sector, has recently announced its acquisition of the Fatehgarh III Beawar Transmission Limited from PFC Consulting Limited, marking its 18th project under the tariff-based competitive bidding (TBCB) process mode. This significant move underscores Sterlite Power's growing influence in the Indian energy landscape. Project Overview: The...
Philips India Limited has announced its annual report for the financial year 2023. Philips India Limited is primarily involved in the manufacturing of Health System Machines (MRIs, CT Scan, Digital X-ray), Personal Care (Trimmer, Hair Dryer), domestic appliances (iron, juicers, food processor) and Innovation center. The company has a manufacturing plant in Pune and a software development center in...
Inkel Limited is a Project Management Consultancy. The Company is in providing total solutions for Infrastructure Projects from super-specialty hospitals and roads to bridges, conservation projects, institutional and industrial buildings, its expertise ensures innovative and cost-efficient solutions, while implementing effective risk management. The commitment extends to delivering projects that a...
Sleepwell, a prominent player in the home comfort products industry, is embarking on a new venture by acquiring Kurlon Enterprises Limited (KEL), an established entity in the same sector. This move signifies a crucial shift in Sleepwell's business strategy towards industry consolidation, which could potentially lead to market dominance. An Overview of the Target Entity: Kurlon Enterprises Limited...
Financial performances form the backbone of any company's health check. They offer valuable insights into the company's current standing and the potential for future growth. Today, we delve into HDB Financial's unlisted share results, comparing their performance from June 2022 to June 2023. A Closer Look at Net-Interest Income Net-Interest Income, a critical measure of a financial institution's pe...
SBI Mutual Funds Limited has announced its annual report for the financial year 2023. As per the consolidated financial report, in FY23, the Company clocked 2303 crore revenue from operations as against Rs. 1957 in financial year 2022, indicating an increase of 17%. The net profit of the Company increased to Rs. 1339 crore as against Rs. 1082 crore in FY22, indicating a significant increase of 23...
The Unthinkable Just Happened Imagine this: A company that started by mailing DVDs in red envelopes just bought one of...
The Story Over the last two years, government agencies auctioned 88 gigawatts of solar and renewable projects...
What's the story? Elon Musk says it. Jeff Bezos believes it. And now Sundar Pichai is betting big on it. By 2030, it co...
The Story of Two Bansals, a $16 Billion Deal, and a Singapore U-Turn The Beginning: When Books Met Ambition Picture...
Company Brief Prisma Global Limited is an India-based technology company operating in the AI-driven visual intelligence...
How Two US Giants Crushed India's E-commerce Darling In February 2016, Snapdeal stood at the pinnacle of India's e-comm...