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Source: Live Mint Brokerage JM Financial, in its preview for Q4FY25, indicated that variations in corporate performances across the internet sector are anticipated due to specific trends within each segment. Although growth in food delivery for Eternal (Zomato) and Swiggy is predicted to slow down, substantial growth in quick commerce (QC) is expected to be…
Source: Live Mint The Q3 FY25 earnings season, which kicked off in January, has nearly come to an end. However, around 108 companies are set to declare their financial results for the December quarter next week. Eicher Motors, Nykaa, Hindalco, Patanjali Foods, Varun Beverages, IRCTC, Lupin, Vodafone Idea, Ashok Leyland, Hindustan Aeronautics (HAL), Honasa Consumer,…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Vodafone Idea: Vodafone Idea announced plans to raise ₹2,000 crore through a preferential equity issuance to its promoter, Vodafone Group. In a regulatory filing, the debt-laden telecom giant confirmed that its board will meet on December 9, 2024,…
Source: Live Mint The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates. Beauty gross…
Source: Live Mint Nykaa share price jumped over 5% in early trade on Wednesday after the company reported strong Q2 results. Nykaa shares rallied as much as 5.74% to ₹187.85 apiece on the BSE. FSN E-Commerce Ventures, the operator of fashion and beauty retailer Nykaa, reported a net profit growth of 72% year-on-year (YoY) to…
Source: Business Standard 2 min read Last Updated : Sep 19 2024 | 8:06 PM IST Beauty and fashion platform Nykaa has ramped up its same and next-day deliveries to 110 cities, aiming to get closer to the consumer by growing its warehouse network. The company said that close to 60 per cent…
