Vasundhara Oswal spoke about her detention in Uganda, claiming that she was wrongfully accused of the crime, which was a ...

Vasundhara Oswal, the 26-year-old daughter of Indian-origin billionaire Pankaj Oswal, has been detained in Uganda for over ...

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HNDL’s consolidated net sales stood at INR582b (+7 YoY/+2% QoQ) in 2QFY25 vs. our est. of INR569b, aided by better realizations and efficiencies in India operations. Consolidated EBITDA stood at ...

Samvardhana Motherson (MOTHERSO) reported muted results, with an EBITDA margin of 8.8%, down 80bp QoQ (vs. est. 9.4%), hit by global PV industry slowdown, slower EV ramp-up, and seasonal factors ...

Relaxo Footwears’ (RLXF) revenue declined 5% YoY as the 6% YoY ASP increase was offset by a 10% YoY volume decline on subdued demand and higher competition from lower-priced unorganized players ...

India’s equity market, the fifth-largest globally, is on track to double in size within the next five to six years, reaching a projected market capitalisation of $10 trillion, according to a Motilal ...

EPLL reported a healthy operating performance in 2QFY25. EBITDA grew 22% YoY, led by Europe (up 2.1x YoY), followed by the Americas (up 59% YoY; ramp-up of Brazil). However, EBITDA for AMESA ...

Emami reported 3% YoY sales growth in 2QFY25 (est. 5%). The domestic business grew 2.6% YoY, led by volume growth of 1.7% (est. 3%). This quarter faced headwinds as persistently high food ...

Bata India (BATA) delivered a modest growth recovery with 2% YoY revenue growth. The 10% miss on EBITDA was primarily driven by lower gross margin (-140bp YoY) on account of a shift in the channel ...

Indigo Paints’ (INDIGOPN) standalone sales growth stood at 7% YoY in 2QFY25 (6% in 1QFY25, 18% in FY24) due to subdued industry demand (1% down in 1HFY25). Apple Chemie (subsidiary) clocked ...

State Bank of India (SBIN) reported 2QFY25 PAT of INR183.3b (up 28% YoY, 12% beat), driven by a steady NII and robust treasury income. The bank is well poised to deliver robust growth as domestic ...