Senco Gold Ltd reported a significant surge in net profit for Q4 2024-25, reaching Rs 62.44 crore, a 94% increase compared to the previous year, driven by strong wedding and Valentine's season sales. The company's revenue from operations also saw a rise to Rs 1,377.71 crore. However, the full fiscal year's consolidated PAT stood at Rs 159.
Jawa's salary was at Rs 3.65 crore along with allowances of 11.45 crore, a bonus of Rs 3.78 crore and a perquisite - long-term incentives of Rs 2.76 crore.
Gold saw a rise of Rs 100 in New Delhi, reaching Rs 98,600 per 10 grams. Jewellers and retailers increased their demand. Silver prices remained steady at Rs 1,00,000 per kg. Globally, gold experienced a slight dip. Investors are now watching US economic data. This includes PCE data and inflation expectations. The market awaits consumer sentiment reports.
Myntra has generated over 20,000 employment opportunities through its partners to manage the anticipated surge in demand during the 22nd edition of the End of Reason Sale (EORS), which starts on Saturday. These new roles will bolster logistics, customer service, and last-mile delivery operations.
Limca, Coca-Cola India's popular lemon-lime drink, has surpassed ₹2800 crore in 2024, fueled by innovative campaigns and expansion into new categories like advanced hydration with Limca GlucoCharge. The brand's success is attributed to its focus on evolving consumer needs, widespread distribution, and marketing that connects with consumers. Limca continues to celebrate Indian achievements through the Limca Book of Records.
Union Minister Pralhad Joshi has directed e-commerce platforms to adhere to government guidelines on 'dark patterns' and conduct internal audits, or face action. The government has identified 13 such deceptive practices and will form a joint working group for enforcement.
Pernod Ricard India anticipates lower retail prices for imported liquor across most states following the India-UK FTA implementation. The agreement will reduce duties on UK whisky and gin, enhancing access to premium Scotch whiskies. While benefiting consumers with more competitive pricing, the impact on India Made Foreign Liquor (IMFL) is expected to be minimal, as IMFL remains significantly cheaper.
Bata India's operating profit witnessed a 36% decline, reaching Rs 37 crore in the fourth quarter ending March 31, 2025, compared to Rs 58 crore in the previous fiscal year. Revenue from operations slightly decreased to Rs 788 crore. Despite demand challenges, the company focused on volume growth and affordability, recommending a final dividend of Rs 9 per share.
PepsiCo India Holdings reported a consolidated revenue from operations of Rs 9,096.62 crore and a profit of Rs 883.39 crore in 2024. The company experienced growth in both its snacks and beverage businesses, with significant contributions from brands like Kurkure, Lays, Pepsi, and Tropicana.
Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported an increase of 1.1 per cent in profit after tax at Rs 156.10 crore for the quarter ended March 31, 2025. The company, which follows the July-June financial year, had reported a profit after tax of Rs 154.37.69 crore in the corresponding quarter a year ago.
The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged the government to gradually reduce import duties on liquor products under the proposed India-EU free trade agreement (FTA). They propose cutting customs duties on bottled wines and spirits from 150% to 100% immediately, then to 50% over 10 years, with bulk spirits duties dropping from 150% to 75% immediately and 25% in a decade.
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