Key Stock News
Nykaa PAT declines 71% YoY to Rs 8.5 crore in Q3, revenue rises 33%:
Nykaa on February 13 reported a consolidated net profit of Rs 8.5 crore for the quarter ended December 2022 (Q3FY23) as against Rs 29 crore a year ago, declining 71 % on a YoY basis. It grew 63 % sequentially. Revenue from operations came in at Rs 1,463 crore, up 33 % from Rs 1,098 crore in the December 2021 quarter. Revenue stood at Rs 1,231 crore for the September 2022 quarter. Expenses for the quarter...
Key Stock News : Nykaa, Essar Oil and Gas Exploration and Production, Nissan, Renault , Zee Entertainment - ARETE Securities
Nykaa posts surge of 4.5% in Q2 profit on strong festive season demand
India's FSN E-Commerce Ventures Ltd, parent of cosmetics-to-fashion retailer Nykaa, reported a more-than-three-fold surge in quarterly net profit on Tuesday, helped by strong demand heading into the festive season.
Ashok Leyland October total sales rise 34% to 14,863 units, exports decline
Commercial vehicles maker Ashok Leyland on Tuesday reported a 34 per cent rise in total sales at 14,863 units in...
Key Stock News: Nykaa, Ashok Leyland, Maruti Suzuki, Pepsi India, Tech Mahindra, Air India, - ARETE Securities
Key News
Maruti Suzuki total sales decline 9% YoY in Nov due to chip crisis
Carmaker Maruti Suzuki's total sales fell 9.16% to 139,184 units in November 2021 as against 153,223 units in November 2020. Total sales in the month include domestic sales of 113,017 units (down 18.67% YoY), sales to other OEM of 4,774 units (down 9.29% YoY) and its highest ever monthly exports of 21,393 units (up 137.59% YoY). "The shortage of electronic components had a minor impact on the production...
Key News - Maruti Suzuki, Tata Power Company Ltd, BSNL, TVS Motor Company Ltd, Escorts Ltd, Nykaa By ARETE Securities