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Udaan reports flat revenue in FY24, narrows losses by 19% as focus on profitability continues

“Udaan’s financial performance for FY23-24 reflects its commitment to building a robust, profitable and resilient business. With revenue reaching INR 5,700 crores for FY23-24, we have made significant strides toward profitability, reducing EBITDA burn by 40% year-on-year to ~INR 900 crores,” said Kiran Thadimarri, SVP Finance, Udaan in a LinkedIn post.




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Public digital infrastructure helped micro level players grow in India: FM Sitharaman

"The government has come up with Open Network for Digital Commerce (ONDC), an open network for digital commerce that is helping even the bigger e-commerce businesses," said Union Finance Minister Nirmala Sitharaman.




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Amazon developing driver eyeglasses to shave seconds off deliveries, sources say

Amazon's delivery glasses, the people warned, could be shelved or delayed indefinitely if they do not work as envisioned, or for financial or other reasons. The sources said they may take years to perfect. "We are continuously innovating to create an even safer and better delivery experience for drivers," an Amazon spokesperson said, when asked about the driver eyeglasses. "We otherwise don't comment on our product roadmap."




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Dealshare FY24 revenue falls 75% post restructuring, loss narrows to a third

While revenue fell sharply, it managed to reduce loss to a third at Rs 167 crore compared with Rs 503 crore the year before, according to the company’s financials. Dealshare’s revenue from the sale of traded goods decreased by 74.7% to Rs 495.8 crore in FY24, while its marketing services income contracted 44.3% to Rs 3.3 crore.




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D2C startup Wakefit records 24% jump in its FY24 revenue

Wakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel presence, with some stores reaching maturity and a new wave of outlets opening, along with the benefits of an automated mattress factory.




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Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue

Rentomojo reported a 60% rise in operating revenue to Rs 193 crore in FY24. Controlled rise in expenses during the year saw net profit surge more than threefold to Rs 22 crore last fiscal from Rs 6 crore in FY23.




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Borosil Group aims to cross Rs 7,000-cr revenue in next 4 years

Borosil plans to invest Rs 250 crore for expansion and capacity augmentation to meet the demand, in which it intends to invest about Rs 150 crore on a new plant in Gujarat for Borosil Ltd, which is in the business of products such as glassware and cookware, said Kheruka. Besides, at its Jaipur unit, where Borosil has already invested Rs 450 crore to expand the production capacity, it has plans to invest Rs 100 crore for debottlenecking to improve efficiency and increase capacity further.




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Godrej Interio eyes 10% revenue from e-commerce by FY25

Godrej Interio aims for a 10 per cent contribution from e-commerce sales by fiscal-end. The company is accelerating digital transformation efforts, experiencing significant online sales growth and expanding reach across 17,200 pin codes. It introduces AI-based 'Visual Search' and an integrated dealer network to enhance customer experience and operational efficiency.




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Sheela Foam Q2 revenue grows 32% driven by strong B2B and B2C performance

Sheela Foam, maker of Sleepwell and Kurl-on mattresses, reported a consolidated net profit of Rs 9 crore on revenues of Rs 813 crore in Q2 FY25. The company saw a 32% year-on-year revenue increase, driven by a 19% rise in mattress volume.




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Eureka Forbes Q2 Results: Net profit shoots up 83% YoY to Rs 46 crore, revenue up 27%

Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was driven by product innovation, increased marketing, and early festive season demand.




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Parag Milk Foods Q2 net profit rises 15.9%; revenue up at Rs 871.31 crore

Parag Milk Foods reported a 15.9% rise in consolidated net profit, reaching Rs 29.21 crore in the second quarter ending September 2024. This compares to Rs 25.19 crore during the same period the previous year. The company saw a 10% volume growth and a 9% value growth. Total revenue from operations increased by 9.2% to Rs 871.




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Pernod Ricard emerges as largest Indian spirit maker with Rs 26,773 cr revenue in FY24

Pernod Ricard India Pvt Ltd (PRI) has reported an overall 6.9 per cent increase in its revenue from operations for FY24, and its profit rose 20.9 per cent to Rs 1,620.58 crore, according to the Registrar of Companies data accessed by business intelligence platform Tofler.




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Coca-Cola India FY24 profit falls 42% to Rs 420.29 cr; revenue rises 4% to Rs 4,713.38 cr

Coca-Cola India's consolidated profit plummeted by 41.82% to Rs 420.29 crore in FY24, despite a 4.24% increase in revenue, reaching Rs 4,713.38 crore. The company's advertising and sales promotion expenses surged by 35.47% to Rs 1,520.21 crore, while royalties paid to its US parent company also rose.




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Samsung India posts slower revenue growth for FY24; cost controls boost profit

Samsung India Electronics' revenue grew by a mere 4% in FY24, reaching Rs 102,626 crore, marking its slowest growth in eight years. This slowdown, largely attributed to a stagnant smartphone market and heightened competition, is believed to be behind recent layoffs and cost-cutting measures.




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Elista targets Rs 1,500 crore revenue by 2026

Indian consumer electronics brand Elista plans to expand globally. The company aims to generate Rs 1,500 crore in revenue by 2026. Elista will expand its presence in over 35 countries in the next two years. The brand recently entered the Tanzanian market.




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Branded stationary going to do really well; DOMS can comfortably achieve 15.5-16% margins

“We have been able to grow a little from 15.4% to 16.7% in H1. But this is coming more from the operational efficiencies point of view. And also a very little from probably I can say, there is an advantage currently where the raw material prices are at most low. This is the advantage we have been able to get in H1. ”




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DOMS Industries' net profit up at Rs 42.79 crore in Q4 FY24, YoY standalone revenue grew to Rs 362.4 crore

​​Santosh Raveshia, Managing Director, DOMS Industries Limited said, "As we conclude FY24, we are pleased to report on a period marked by significant achievements and strategic initiatives that have reinforced our strong position in the stationery and art materials market. We continued seeing positive business traction resulting in robust sales growth coupled with further elevation of margins, reflecting upon the strength of the ‘DOMS’ Brand to connect with its consumers."




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Hugo Boss says it won't reach 2025 revenue, profit targets; shares slip

Hugo Boss reported third-quarter operating profit slightly above expectations, but acknowledged it won't achieve its 2025 revenue and profit growth targets due to weak demand. Despite cost-cutting measures, the luxury fashion brand faces challenges from cautious consumer spending and a difficult market, particularly in China.




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Lenskart cuts loss by 84% in FY24, revenue up 43% to Rs 5,428 crore

The Temasek and SoftBank-backed company’s operating margins also grew significantly, with Lenskart clocking an Ebitda of Rs 856 crore in FY24, against Rs 403 crore in the previous fiscal. In an interview with ET in October, Lenskart’s founder and chief executive officer Peyush Bansal had said the company is making a $200-million investment in its new manufacturing facility in southern India.




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Kalyan Jewellers Q2 PAT dips 3.3%; YoY revenue up 37.3% at Rs 6,065.4 crore

Kalyan Jewellers saw a 3.3% dip in consolidated net profit, reaching Rs 130.32 crore in Q2 FY25, compared to the same period last year. Despite this, revenue from operations rose to Rs 6,065.4 crore, contrasting with Rs 4,414.53 crore in Q2 FY24. Ramesh Kalyanaraman, executive director of the company said, "We recorded SSSG in excess of 20 per cent for the Diwali minus 30 days period when compared to the base year. ​​We are upbeat about the ongoing wedding season across the country and hope to end the calendar year on a very strong note."​​​​




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Gillette India Q1 Results: Profit rises 43% to Rs 133 cr, revenue up 17%

Grooming products maker Gillette India Ltd on Monday reported a 43.5 per cent rise in profit to Rs 133.01 crore for the quarter ended September 2024, led by a broad-based growth. The company, which follows the July-June financial year, had reported a profit of Rs 92.69 crore in the corresponding quarter of the preceding year, according to a BSE filing from Gillette India.




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Nykaa Q2 Results: PAT jumps 66% YoY to Rs 13 crore; revenue rises 24%

Revenue from operations in the reporting period rose 24% year-on-year (YoY) to Rs 1,875 crore. The company posted an EBITDA growth of 29% YoY to Rs 104 crore in the reporting quarter, while margins improved 18 bps to 5.5%.




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FirstCry refiles IPO papers, reports December revenue at Rs 4,841 crore

FirstCry’s IPO size will be the same, as per the IPO papers. It intends to raise $218 million (about Rs 1,815 crore) in primary funding through issuance of new shares and divestment of 54 million shares from existing investors.




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Homegrown toy startup Jammbo eyes a revenue of Rs 150 crore in FY25

Jammbo, founded in 2023, presently has about 50 products in its portfolio, focusing on ride-on battery toys such as electric cars and bikes. It aims to expand its portfolio to over 200 products by the end of the current fiscal year. The startup has set up its global presence by entering the UAE market. Further, it plans to expand to the U.S. and the U.K. markets this fiscal.




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IPO-bound FirstCry reports 15% jump in FY24 revenue to Rs 6,481 crore, losses down 34%

FirstCry reported a 15% increase in operating revenue to Rs 6,481 crore and reduced losses by 34% in FY24. The Pune-based firm's international business, which is seeing faster growth than domestic operations, reported a revenue of Rs 753 crore, growing by over 50%. The firm plans to use a significant portion of its IPO proceeds for expansion in Saudi Arabia.




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FirstCry logs 17% rise in revenue, lower loss in Q1 FY25

Floods in the UAE and early Eid, which saw festival season purchases being advanced to early April, hit order volumes for Brainbees Solutions, the parent firm of the baby and mother care product retailer. However, order volumes are now back on track, said CEO Supam Maheshwari.




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New event

This is a sample event description. You can edit this description as you wish or remove the entire event.




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New event

This is a sample event description. You can edit this description as you wish or remove the entire event.




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How to Make Episode Artwork Show in Podcast Apps (even in Apple Podcasts!)

Enhance the experience for your audience by making unique artwork for each episode. But you need to adapt to how each app might display the image.

The post How to Make Episode Artwork Show in Podcast Apps (even in Apple Podcasts!) first appeared on The Audacity to Podcast.




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You MUST Disclose Whenever You’re Compensated!

There are many ways to earn income through podcasting: affiliates, sponsorships, sales, and more. Disclosing when you get compensated is not only the law, but it's also a good way to earn your audience's trust!

The post You MUST Disclose Whenever You’re Compensated! first appeared on The Audacity to Podcast.




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7 August is the final day for self-nominations to the Mefi Steering Committee! (Wherever you are)

Again, we say hello! Just a reminder that the self-nominations for the inaugural Metafilter Steering Committee (SC) close on August 7th! The purpose of said committee will be to develop and implement site policy, code updates, and ensure the financial health of the site, i.e. help guide the direction of the overall site and act as the voice of the community. Interested? Come over to Metatalk to view details and learn how to apply by August 7th!





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Senior Applications Developer (Columbus, OH)

The Ohio State University Libraries is seeking a Senior Applications Developer to join our cross-functional Application Development & Operations team in the IT Division. This position is eligible for 100% remote work. We are responsible for the end-to-end development and delivery of specialized library and administrative systems that enable the Libraries to share knowledge and culture with the people of Ohio, the nation, and the world. More here, with link to apply: https://www.linkedin.com/jobs/view/3238081779




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Senior Web Developer (Columbus, OH)

The Ohio State University Libraries is seeking a Senior Web Developer to join our cross-functional Application Development & Operations team in the IT Division. This position is eligible for 100% remote work. We are responsible for the end-to-end development and delivery of specialized library and administrative systems that enable the Libraries to share knowledge and culture with the people of Ohio, the nation, and the world. https://www.linkedin.com/jobs/view/3238257671




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Business Process Automation Specialist (Cleveland, OH or Framingham, MA)

Looking for someone with experience automating business processes with tools like PowerAutomate, VBA and Powershell. Detailed posting here.




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Senior Backend Developer (Node.js) (Remote)

Looking to hire as an independent contractor a highly experienced backend software engineer with extensive experience with Node.js, and preferably with MongoDB as well. Familiarity with GCP would be a plus. This is a part-time, remote contract that will probably be for a minimum of three months and possibly a good bit longer. You must be a true high senior or expert level developer with extensive Node.js experience. A qualified candidate will most likely have at least ten years of solid software development experience. If you are not the right person but know somebody who might be, please feel free to have them contact me. Thank you.




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For when everything isn't awesome

Mobile Crisis Construction is an Australian initiative to turn rubble back into homes, schools and hospitals in war-torn or disaster-hit countries like Ukraine. Its Lego-like MCC Crisis Blocks "employ simple technology that works with standard brick coursing height and length, and can be laid with unskilled labour due to their interlocking design". They need no mortar and are produced on site with a mobile factory housed in a shipping container, each of which can produce enough bricks for 5-10 homes in a week. The Perth-based charity has been funded by the local Ukrainian community.




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"Never take your accounts department for granted ever again"

Aftermath, the tech and gaming blog founded by webugees from Kotaku, is one year old! In a lengthy post on their site, founders Luke Plunkett, Gita Jackson, Riley McLeod, Nathan Grayson and Chris Person discuss what running their little co-op business is like, and the issues they face in keeping it afloat.




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The Everlasting Covenant (Lesson #3)

God out of His saving grace and love offers you a salvation that you do not deserve and cannot possibly earn; and you, in response, love Him back “with all your heart, with all your soul, with all your mind, and with all your strength” (Mark 12:30, NKJV), a love that is made manifest by obedience to His law: “For this is the love of God, that we keep His commandments” (1 John 5:3, NKJV).




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GPB Evening Headlines For July 13, 2020

Federal Judge Blocks Georgia's 2019 "Heartbeat" Abortion Law Family Of Secoriea Turner, 8-Year-Old Shot Near Atlanta Wendy's, Call For Action Augusta Joins List Of Georgia Cities With Mask Mandate, Clashing With Governor's Orders Atlanta Braves Officials Say They Won't Change Their Name June Tax Revenues Down 8.8% From Last Year




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Georgians React To Reversal On Controversial Abortion Law

Jordan Daniels has worked in the Atlanta film industry for years. Monday's court ruling, which reversed the controversial "heartbeat" abortion bill passed last year in Georgia, came as a relief. "We did have a few productions leave on the basis of HB 481, and I'm happy that more won't," she said. "Obviously, I'm dually relieved since I'm a woman who loves her job, and also wants the right to choose."




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GPB Evening Headlines for July 14, 2020




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Revelation 14:12

Here is the patience of the saints: here are they that keep the commandments of God, and the faith of Jesus. Revelation 14:12




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'Atlanta Journal-Constitution' Reporter Reveals An 'Imperfect Alibi' In Georgia Murder Case

On Mar. 11, 1985, Harold and Thelma Swain were shot in the vestibule of a Baptist church in rural southeast Georgia during evening Bible study. Witnesses from the black congregation described a white man with shoulder-length hair who fled the scene. Despite years of investigation by both the local sheriff’s office and the Georgia Bureau of Investigation, the case had gone cold by the end of the decade; even the leads generated by a 1988 episode of Unsolved Mysteries about the case proved false.




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'The Talk' Is A Rite Of Passage In Black Families. Even When The Parent Is A Police Officer.

For generations, “The Talk” has been a mainstay in African American families. At some point, Black children all get warnings from elders about how to avoid – and survive – police encounters. It’s a rite that cuts across region, socioeconomic status and profession – even for members of law enforcement.




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San Antonio Pre-K Program Seeks To Fix Achievement Gap

Copyright 2020 NPR. To see more, visit MICHEL MARTIN, HOST: We've been having conversations on this program and elsewhere on the network about inequality in education. Those gaps can start early, often before a student ever enters a classroom. Studies show that kids who don't get any pre-K instruction can lag a year behind those who do in math and verbal skills. In 2012, San Antonio vowed to fix that. The city enacted a 1/8 cent sales tax for a program called pre-K for SA, which now provides early childhood education for just over 2,000 children from low-income, military and English-learning families. Sarah Baray is the CEO of Pre-K for SA, and she is with us now. Sarah Baray, thanks so much for talking to us. SARAH BARAY: It's my pleasure. Glad to be with you. MARTIN: So first of all, I just wanted to ask you to tell us why pre-K matters. You're a former teacher. You're an administrator. You've also taught education courses at the university level, so you kind of have that bird's-eye




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MeFi: "Even when an adult female prays and another female passes by..."

In a place where an act as simple as reading the Quran can be an act of defiance, the Taliban has banned women from hearing other women's voices in its latest attempt to impose their version of Islamic law on Afghanistan, including mandating that women refrain from performing Takbir—an Islamic expression of faith—and from reciting the Quran aloud, even in the presence of other women.

The UN and Amnesty have stated that the oppression of Afghan women, made prisoners in their homes, unable to speak, has erased women from all spheres of life. Girls born in the 20 years free of Taliban rule went to school and learned of their mothers' experience of repression, only to lose the ability to attend school with the Taliban's return in 2021. Women lost their ability to work, learn, travel alone, or receive healthcare and became "faceless, voiceless shadows" in a brutal apartheid against women.

What makes the Taliban's ideology so uniquely repressive of women?

"What sets the Taliban apart from other Islamic groups," Moheq added, "are the tribal codes of Afghanistan also embedded in the Taliban's ideology." A fundamental part of the tribal codes is defining a narrow place for women: They exists as the property of men and for the honor of men. For example, Moheq explained, "the rape of a woman is not seen as wrong because she was raped, but because she represents the honor of a man," and that is what was violated.

The Taliban's ideology was strong enough to draw manpower from the country's tribal areas for long enough to outlast the United States and the Western-backed government in Kabul. In return, as the primary manpower of the Taliban comes from tribal areas of the country, they further reinforce the Taliban's conservative culture, including the continued exclusion of women.

However, a supermajority of Afghan men polled believe women's rights should be a national priority. But they're afraid to speak out:
Among more than 7,500 Afghans living in the country with access to mobile and internet services, the survey found, 66% said they agreed or strongly agreed that human rights for women were a top priority for the future of Afghanistan. Nearly half, or 45% of those, strongly supported the Taliban's control of the country.

Is the international community helping afghan women, or abandoning them?

To the Taliban's nihilist vision for Pashto-Itslamic culture, a proud history of alternatives exist.

UN Women - Afghanistan Gender Profile 2024
Wikipedia | Taliban Treatment of Women




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Latinos Will Never Vote For A Republican, And Other Myths About Hispanics From 2016

There were two major assumptions about Latino voters throughout the presidential campaign: (1) a record number of Latinos would show up on Election Day to oppose Donald Trump's candidacy and (2) the anti-immigration rhetoric that launched Trump's campaign would push conservative-leaning Hispanics to flee the Republican Party. Neither of those assumptions entirely panned out as expected. Prediction 1: The Surge? True. A record number of Latinos did vote this November. But the truth is complicated. The official national exit poll, the one commissioned by the big media organizations, suggests the Latino share of the electorate was higher than ever before — about 11 percent, compared to 10 percent in 2012. "It's very possible that the Latino vote, while reaching a record, may have been swamped by other groups of voters," said Mark Hugo Lopez, the director of Hispanic Research at the Pew Research Center, pointing to states like Florida which Trump won. We won't know the percentage of




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10 Election Moments You Won't Totally Hate And Might Even Like

https://www.youtube.com/watch?v=kFYXOgXqoe4 Elections aren't exactly cozy, even in the best of times. This one, though, felt worse for a lot of people. No matter where your allegiances lie, 2016 has been the emotional equivalent of a dumpster fire. But it wasn't all unbearable. Here and there, lighter moments emerged to provide comic relief — or even a small burst of joy. Here are 10 of them, in no particular order. 1. Bill Clinton at the DNC balloon drop When the balloons fell from the rafters on the final night of the Democratic National Convention, Hillary Clinton and her running mate Tim Kaine had a lot to feel triumphant about. The Democratic Party seemed to be uniting around Clinton as its candidate. But as the Philadelphia arena filled with red, white and blue globes, no one seemed to enjoy it quite as much as Bill Clinton, who looked up with childlike wonder. 2. Trump's "Hotline Bling" Back in November 2015, when Donald Trump was still in his campaign's relative infancy, he




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Earth’s Closing Events

The aim of this week’s lesson is to reveal what the prophetic Word says about the closing events and discover a new Christ’s strength to take us through earth’s final conflict and get us home. *Study this week’s lesson, based on chapters 37 and 38 of The Great Controversy.