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.

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.

Commenting on Q2 performance, Stove Kraft's managing director Rajendra Gandhi said, “With positive market momentum supporting us, we remain committed to driving volume and value growth in revenue and margins in the upcoming quarters." He further said that ​​the company's expansion of Pigeon outlets through the COCO and COFO model has been promising. During this quarter, the firm added 22 new stores, bringing our total to 213.

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.

Akzo Nobel India reported a 14% increase in net profit to Rs 108.7 crore in the fourth quarter, driven by higher demand from the automotive sector. Despite muted retail demand due to higher rainfall and price hikes, the company's revenue from operations rose 3% to Rs 9.82 billion.

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.

Net profit after minority interest declined to ₹694.60 crore in July-September quarter from ₹1,205.40 crore during the corresponding period of last fiscal year. Consolidated net sales decreased 5.3% to ₹8,003.0 crore from ₹8,451.9 crore.

Jubilant Foodworks Ltd., the operator of Domino's Pizza and Dunkin' in India, reported a lower net profit of Rs 66.53 crore in the second quarter, compared to Rs 97.2 crore in the same period last year. Despite the profit dip, revenue rose to Rs 1,954.72 crore from Rs 1,368.63 crore, fueled by expansion and growth in the Indian market.

Cigarette maker Godfrey Phillips India Ltd on Monday reported a 23 per cent rise in consolidated net profit to Rs 248.31 crore in the second quarter ended September 30, 2024, fuelled by higher sales.

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."

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.

India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reason for this surge. This is the first time since August that inflation has gone beyond the Reserve Bank of India's 6 percent limit. The rise in onion prices is a major concern.

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.

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.

On its listing day, brokerage firms - Macquarie and JM Financial - became the first ones to initiate coverage on the debutant but came out with polar opposite views. Macquarie's initiating coverage report gave it an underperform rating with a target price of Rs 325, which indicates downside potential of 17% from IPO issue price of Rs 390.

"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.

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.

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.

Although stakeholder discussions are still going on, the 5% cut of the total import quota will be implemented from April 1 of the upcoming fiscal. This cut is based on the data provided by the Directorate General of Commercial Intelligence and Statistics.

Sault, a new consumer electronics company, is set to significantly increase its sales volume by FY25. Focusing on tier-2 towns, the brand plans to expand its reach within western India and eventually target southern markets. Sault will incorporate in-house manufacturing for certain products while continuing partnerships for others, aiming for nationwide expansion and exploring digital sales channels.

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.

​​The Umbergaon, Valsad-based company said the issue comprises Rs 850 crore of offer for sale and Rs 350 crore of fresh issue, and will close on December 15. Its chief financial officer Rahul Shah told reporters here that the floor price is 75 times and the cap price is 79 times the face value of the equity shares.

​​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."

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.

DOMS Industries Limited witnessed a 42.8% surge in consolidated profit after tax, reaching Rs 53.7 crore in Q2 FY25. This growth was fueled by a 19.7% rise in revenue, driven by strong sales in writing instruments, adhesives, and kits. The acquisition of a 51.8% stake in Uniclan Healthcare further bolstered the company's performance.

Titan Company's consolidated profit after tax declined by 23.1 per cent in the second quarter of this fiscal. However, the company's consolidated income increased by 26 per cent during the same period. Its international jewellery business experienced a significant income growth of 62 per cent. Caratlane, a subsidiary of Titan, also reported a 28 per cent increase in total income.

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.

Indians purchased 220 tonnes of silver during this year's Dhanteras-Diwali. This is the highest amount in two decades. The surge in silver sales is attributed to its rising prices and its appeal as a safe-haven asset. Gold sales, however, declined by 15% this year. Experts predict silver prices will continue to rise.

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.

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.

Pernia's Pop-Up Shop is raising funds for its initial public offering. The company plans to use the funds to expand its retail network and become debt-free. The retailer aims to open more stores in Mumbai and Delhi. Pernia's Pop-Up Shop sells designer wear from various brands. The company achieved significant revenue growth in the last financial year.

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.

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.

Trent Limited, a Tata Group company, witnessed a 40% rise in net sales for the quarter ending in September. The retailer's revenue reached Rs 4036 crore, while net profit saw a 46% increase to Rs 423 crore. Despite the growth, consumer sentiment remained subdued. Trent opened 43 new stores during the quarter, expanding its presence to 184 cities.

Aditya Birla Fashion and Retail Ltd (ABFRL) reported a consolidated net loss of Rs 214.70 crore in the September 2024 quarter due to higher depreciation and interest costs. Despite this, the company saw consistent growth driven by newer businesses and established brands. ABFRL recently announced the de-merger of its Madura business into a separate listed entity, ABLBL.

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.

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.

Driven by central bank purchases and geopolitical tensions, gold prices soared to 39 new all-time highs in 2024, marking the highest number in 45 years. The surge, influenced by strong Asian demand and US election anxieties, saw gold reach $2,734 per ounce, prompting predictions of further increases.

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."​​​​

Beauté Secrets, a D2C beauty tools firm, has secured Rs 1.6 crore in debt from Velocity to expand its presence on quick commerce platforms and introduce new products. Founded in 2010, the company plans to enter major retail outlets and launch new beauty tools, leveraging its sustainable profits for growth and expecting a festive season boost.

The beauty giant, which manufactures makeup, skincare, perfumes, and hair care products, has been in India for close to 20 years now. It had first launched MAC in the country, followed by Clinique, Estee Lauder and recently The Ordinary—its premium affordable range aimed at recruiting younger consumers.

Claypond Capital, Manipal Group chairman Ranjan Pai’s family office, also participated in funding for the health and wellness startup, formerly known as Healthifyme. To date, the company has raised $125 million in primary equity.

Estee Lauder plans to announce Stephane de La Faverie as the new CEO, succeeding Fabrizio Freda who is retiring next year. La Faverie, currently executive group president, will take over amid challenging market conditions in China. Jane Lauder will step down from her executive role at the end of the year.

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%.

India's toy exports saw a slight decline to USD 152.34 million in 2023-24 from USD 153.89 million the previous year. Despite quality control orders, exports did not benefit much. GTRI Founder Ajay Srivastava suggested a more comprehensive strategy to develop the industry and boost exports.

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.

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.

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.

Tuco Intelligent, a kids' personal care brand, has secured $2 million in seed funding led by Fireside Ventures and Whiteboard Capital. Founded by ex-Unilever executive Aishvarya Murali, Tuco offers natural and sustainable products for children. The brand emphasizes eco-friendly packaging using reclaimed ocean and landfill plastic.

Millennium Babycares Ltd announced the closure of a Rs 122 crore private placement round with Bharat Value Fund (BVF), which acquired a significant minority stake. BVF is managed by Pantomath Capital and targets a corpus of Rs 2,000 crores. The funds will be used for market expansion in India and internationally.