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Britannia Industries Q2 net profit dips 9.36% to Rs 531.55 crore

Britannia Industries' revenue from operations increased by 5.29 per cent to Rs 4,667.57 crore in Q2 FY25, up from Rs 4,432.88 crore during the second quarter of the financial year 2023-24. On the company's quarterly performance, Varun Berry, vice chairman and managing director, said, “A ~8% volume growth with a sequential increase in revenue and operating profits are satisfactory results in the face of severe commodity inflation leading to a tepid consumer demand scenario in most FMCG categories."




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Amul to enter Europe by end of this month: MD Jayen Mehta

Amul will launch its dairy products in Europe. The launch will start with Spain. The company will then expand to other European countries. Amul already launched its products in the US in March. The company aims to cater to the Indian diaspora and Asian population. Amul is a brand owned by 36 lakh farmers in India.




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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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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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Blue Star Q2 profit up 36% to Rs 96 crore

"During the quarter, the company maintained the growth momentum established in the first quarter. A strong performance across all major segments, supported by a robust order book, reflects increasing demand for its diverse product portfolio," said an earnings statement from Blue Star.




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Bajaj Electricals posts Q2 profit fall on weak demand

Bajaj Electricals experienced a 59% drop in second-quarter profits, attributing the decline to weaker demand for cooling products due to monsoon rains. Despite a slight revenue increase, the company's profits were impacted by reduced demand and cost-of-living pressures. Analysts anticipate a demand resurgence in the December quarter, fueled by festive season promotions.




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Tata's Croma names Shibashish Roy as chief executive officer

Infiniti Retail, that operates popular electronics retailer Croma, is preparing for a leadership transition. Shibashish Roy, the current Deputy CEO, will step into the role of CEO on November 18, 2024, succeeding Avijit Mitra. Mitra, who has been instrumental in Croma's growth.




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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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Apple India profit soars, so does dividend payout

Apple India's dividend payout to its Irish holding company more than doubled to ₹3,302 crore in FY24, exceeding its net profit for the first time. This comes as iPhone sales surged in the country, boosting Apple India's revenue by 36%. While analysts acknowledge the impressive revenue, they also point to stagnant operating margins and increased inventory as potential challenges.




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DOMS IPO fully subscribed within one hour of bidding process; retail portion booked 4X

At 11:06 a.m., the public issue was subscribed 1.09 times. The retail category was subscribed 4.08 times, while the NII portion garnered 1.18 times bids. There were no bids from qualified institutional buyers so far.




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Rural continues to be a driver of growth for us and not a drag: Bharat Puri, Pidilite Industries

Bharat Puri, MD of Pidilite Industries, discusses the company's revenue growth driven by volume growth and reduction in prices due to normalized raw material prices. Puri expects double-digit volume growth going forward and highlights the company's focus on investing in rural markets, which have shown no decline or softness. Pidilite Industries has added 30,000 new retail points to its rural network and sees rural markets as a driver of growth. Puri also mentions the improvement in international business and sustainable EBITDA margins at the higher range of 20-24%.




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Pidilite Industries' Q4 Results: Profit rises 6% to Rs 301 crore on lower costs

India's Pidilite Industries , which makes Fevicol adhesives and Dr. Fixit waterproofing products, posted a 6.2% jump in fourth-quarter profit on Tuesday, driven by lower input costs.




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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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Trademark dispute over tiffin box: Delhi HC takes notes of CELLO's intent to resolve suit amicably

Shree Vallabh Metals in October 2023 had secured an injunction from Delhi HC against the use of the MAX FRESH trademark by Cello Plastic Industrial Works.




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Volume and value growth to converge in second half of Q2FY25: Pidilite

Pidilite Industries Ltd. managing director Bharat Puri expects volume and value growth to align in the second half of Q2 2024, with value growth potentially surpassing volume due to improved product mix. The company reported a 9.6% increase in volume and a 21% rise in net profit to Rs. 571 crores. Export sales were affected by geopolitical tensions and shipping delays.




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DOMS Industries Q1 profit rises to Rs 54.3 crore

DOMS Industries Limited reported strong Q1 FY25 results, with a notable 17.3% increase in revenue and 49.5% growth in profit after tax compared to Q1 FY24. The firm saw improved EBITDA and margin performance. The company also announced plans to acquire a majority stake in Unilcan Healthcare to expand its market.




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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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Titan MD on falling profits, lab grown diamonds & shifting trends

Titan Company experienced a 15% profit decline in Q2. The company attributes this to losses from a customs duty drop on gold. Despite this, Titan saw strong sales growth in its jewellery and watches segments. The company remains optimistic about the future, particularly the upcoming festive season. Titan is also closely watching the lab-grown diamond market and formulating its strategy.




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Raymond Lifestyle Q2 profit drops 70% YoY to Rs 42 crore

Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY'25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new product launches.




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Trent's Q2 profit surges 46.9% at Rs 335.06 crore

Trent reported a 46.9% increase in consolidated net profit to Rs 335.06 crore in the second quarter that ended September 30, 2024. Revenue from operations grew by 39.3% to Rs 4,156.67 crore. The company expanded its store footprint, with 800 large-format fashion stores across 184 cities. Also, it opened new stores for both Westside and Zudio brands during the second quarter of this fiscal.




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Jockey India licensee posts Q2 profit rise on premium demand

Page Industries, the company that holds the license for Jockey and Speedo in India, saw its profit increase by 30% in the second quarter. The company's profit reached 1.95 billion rupees. This growth was driven by higher sales of premium athleisure wear. Despite a general slowdown in consumer spending, demand for these products remained strong.




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Under Armour lifts profit forecast on cost savings, shares surge

Under Armour's shares surged 20% after the company raised its annual profit forecast, driven by cost-cutting measures and a focus on full-price sales. Founder and CEO Kevin Plank's strategy of reducing discounts and inventory helped boost gross margins, signaling a potential turnaround for the sportswear brand.




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Safari Industries (India) net profit declines 25.40% in Q2 FY25

Safari Industries India reported a 25.40% YoY decline in consolidated net profit to Rs 29.66 crore in Q2 FY25, despite a 23.72% YoY increase in revenue to Rs 457.79 crore. The luggage maker's profit before tax also fell by 27.07% YoY to Rs 37.84 crore, primarily due to a significant rise in total expenses, including a 53.




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Cartier owner Richemont's profit miss, China caution hit luxury shares

Richemont, the owner of Cartier, fell short of profit projections for the first half of the year and expressed caution regarding China's recovery, causing a decline in European luxury stocks. The company's sales were impacted by a downturn in the Asia-Pacific region, particularly in China, where consumer confidence remains low.




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Relaxo Footwears net profit declines 17% in Q2 FY25

Relaxo Footwears recorded a 17 percent drop in net profit to Rs 37 crore for the second quarter ending September 30. Revenue also decreased by 5 percent to Rs 679 crore. The company attributes the decline to lower demand and increased competition from unorganized players. Relaxo plans to add more distributors and optimize operations for future growth.




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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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Coty sees annual profit at low end of forecast as mass beauty demand slows

Coty expects lower annual profit than previously forecasted. Demand for beauty products is slowing down in the US and Australia. Consumers are choosing essential products over beauty items. Coty's prestige fragrance segment, however, reported a 9% rise in sales. This is due to new launches such as Burberry Goddess and Marc Jacobs Daisy Wild fragrances.




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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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Ian Hoffman

Ian Hoffman Brass Instructor IAN HOFFMAN has a deep-seated connection and passion for music and the arts, having started his musical journey singing with the Dreaming Summit Honor Choir in […]




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Monetize Your Podcast on Libsyn Regardless of Audience Size

Libsyn has partnered with AdvertiseCast to launch Libsyn Auto Ads, allowing any Libsyn-hosted podcast to monetize with programmatic ads in your podcast!

The post Monetize Your Podcast on Libsyn Regardless of Audience Size first appeared on The Audacity to Podcast.






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Follow The Future of Podcasting Now!

I've teamed up with Dave Jackson, from School of Podcasting, to discuss the future of podcasting! We seek to inform you about trends, Podcasting 2.0, and more to help you make your podcast better for yourself and your audience, and we work to explain things in an understandable way.

The post Follow The Future of Podcasting Now! first appeared on The Audacity to Podcast.






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Sneak Preview: Removing the Friction of Content Discovery on CTV

On Thursday, November 14, media and entertainment technology strategist Chris Pfaff will moderate the panel "Removing the Friction of Content Discovery on CTV." Incorporating viewership data into the content discoverability process can remove the pain points that have bubbled up in the new streaming landscape, lead to more engagement with the content, and open up more opportunities for advertisers to reach their target audiences. This panel of experts from NBCUniversal, Pluto TV, Revry TV, and Gatsby TV looks at the success of genre channels and provides attendees with insight into how they help their viewers find their content faster.




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New Research Uncovers the Impact of Political Attitudes on TV Viewing

The results of a joint study between Hub Entertainment Research and the Advertising Research Foundation (ARF) fielded as part of Hub's annual "Decoding The Default" survey found significant differences between liberals and conservatives in which entertainment TV shows they find appealing. Mark Loughney, Senior Consultant at Hub, discusses some of these findings and what they might mean for the industry.




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New Research from Hub: ?Peak TV? Still Delivering an Abundance of Favorite TV to Watch

New findings from Hub Research show that expanded content licensing is offsetting the decline in studio output.




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Elon Musk says 'all actions' taken by Department of Government Efficiency will be online: 'Transparency'

After being tapped to lead the Department of Government Efficiency with Vivek Ramaswamy, Elon Musk said all of the actions taken by the department will be posted online for "maximum transparency."



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15 Best Blues Songs of All Time

The blues is more than just a genre—it’s the heartbeat of modern music, steeped in raw emotion and history. From its humble origins in the Mississippi Delta to electrifying stages worldwide, the blues has shaped rock, soul, and countless other genres, leaving a legacy that resonates across generations. In this article, we dive into the […]

The post 15 Best Blues Songs of All Time first appeared on Singersroom.com.



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15 Best Classical Music Pieces of All Time

Classical music has an unparalleled ability to transcend time, moving listeners with its emotional depth, technical brilliance, and universal beauty. From the grand symphonies of Beethoven to the delicate piano pieces of Chopin, classical music has shaped the cultural landscape for centuries, inspiring countless generations. But which pieces stand out as the most iconic, the […]

The post 15 Best Classical Music Pieces of All Time first appeared on Singersroom.com.



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15 Best Psychedelic Rock Songs of All Time

Psychedelic rock is more than just a genre; it’s an experience—a kaleidoscopic journey that pushes the boundaries of sound, perception, and imagination. Born in the 1960s, this mind-bending fusion of rock, surrealism, and experimentation became the soundtrack to a cultural revolution, forever altering the landscape of modern music. With its swirling guitars, hypnotic rhythms, and […]

The post 15 Best Psychedelic Rock Songs of All Time first appeared on Singersroom.com.



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15 Best Opera Songs of All Time

Opera has captivated audiences for centuries with its grand emotions, sweeping melodies, and powerful stories. From heart-wrenching arias that make your soul ache to triumphant anthems that leave you breathless, opera songs have a unique ability to touch the deepest parts of our human experience. Whether you’re new to the world of opera or a […]

The post 15 Best Opera Songs of All Time first appeared on Singersroom.com.



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15 Best Motown Songs of All Time

Motown isn’t just a record label—it’s a cultural movement. From its humble beginnings in Detroit, Michigan, Motown transformed the world of music, giving us some of the most iconic, soulful, and timeless songs ever recorded. With its signature blend of pop, soul, and R&B, the Motown sound broke down racial barriers, bringing people of all […]

The post 15 Best Motown Songs of All Time first appeared on Singersroom.com.



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15 Best Instrumental Music Songs of All Time

Instrumental music has a unique power—it transcends language, unlocking emotions, memories, and atmospheres through pure sound. Whether it’s the thrilling pulse of a rock guitar, the sweeping elegance of an orchestral arrangement, or the rhythmic groove of a jazz ensemble, instrumental tracks have always been able to captivate listeners without uttering a single word. In […]

The post 15 Best Instrumental Music Songs of All Time first appeared on Singersroom.com.



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15 Best Latin Songs of All Time

Latin music has taken the world by storm, captivating listeners with its irresistible rhythms, passionate lyrics, and infectious energy. From sultry ballads to high-octane party anthems, the Latin music scene has produced some of the most iconic and timeless tracks in history. Whether it’s the rhythmic pulse of reggaeton, the sensual sway of salsa, or […]

The post 15 Best Latin Songs of All Time first appeared on Singersroom.com.



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15 Best Love Songs of All Time

Love songs have a magical way of capturing the most intimate emotions, making us relive unforgettable moments of passion, longing, and devotion. From the heart-wrenching ballads that make us reach for the tissues, to the uplifting anthems that celebrate the euphoria of love, these timeless tracks have soundtracked countless relationships and romantic milestones. Whether you’re […]

The post 15 Best Love Songs of All Time first appeared on Singersroom.com.



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15 Best Wedding Songs of All Time

When it comes to planning a wedding, one of the most important details is the music that will accompany the most memorable moments of the day. Whether it’s the bride’s grand entrance, the newlyweds’ first dance, or that special song playing as you walk down the aisle, the right music can make these moments unforgettable. […]

The post 15 Best Wedding Songs of All Time first appeared on Singersroom.com.



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15 Best Motivational Songs of All Time

Looking for that perfect soundtrack to fuel your drive, lift your spirits, and keep you pushing forward? Music has an undeniable power to inspire, motivate, and transform our mindset, and nothing captures that better than anthems of perseverance and empowerment. Whether you’re facing a tough workout, a challenging day at work, or simply need a […]

The post 15 Best Motivational Songs of All Time first appeared on Singersroom.com.



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Cinema Chat: Cinetopia 2024 continues with the world premiere of 'Love & Vodka,' plus much more!

The 2024 Cinetopia Film Festival rolls on in Ann Arbor! Marquee Arts executive director Russ Collins joins WEMU's David Fair to provide an update on the film fest and the new films opening downtown. Plus, Russ brings along filmmaker and Eastern Michigan University alumnus Heidi Philipsen, who talks about her film "Love & Vodka," which closes out Cinetopia this weekend!