Sales

Double whammy hits Colgate: GST cuts, competition weigh on Q2 sales

Analysts largely agree that the toothpaste major's volumes and revenue were hit by a 'double whammy' of GST rate cuts and intensifying competition, with limited signs of a near-term recovery.

Apple ships record 4 9 million iPhones to India in a single quarter; its biggest ever

Apple has set a new record in India, shipping 4.9 million iPhones between July and September 2025, its highest quarterly performance ever.

Jio-BP sees 34% growth in petrol, diesel sales in July-September quarter

Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34 per cent rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network. Jio-BP clocked 1.8 million sales of petrol and diesel in July-September, 34 per cent more than a year ago, according to an investor presentation made by the company after the second quarter earnings announcement. Also, helping the firm were good margins. "So, if you look at the volume and the growth, petrol and diesel together, we have done about 1.8 million kilolitre. That is a 34 per cent growth. ATF, which is jet fuel, we have done about 157,000 kilolitres. This is definitely lower than last quarter but what is important to note is we are maintaining the share there," Srinivas Tuttagunta, COO - Refining & Marketing at Reliance Industries Limited, said on the investor call. The ATF sales were lower than last year on account of a reduction in air traffic due .

Govt to allow harvest, sale of sandalwood from pvt land: Kerala minister

Kerala Forest Minister A K Saseendran on Friday said the state government will enact legislation permitting the Forest Department to harvest and sell sandalwood trees grown on private land. He made the announcement while inaugurating the State-level Wildlife Week celebrations organised by the Forest and Wildlife Department at Sree Narayana Guru College, Chelannur. The minister said farmers will be able to generate additional income through sandalwood cultivation. As the first step, legislation will be enacted within a year to allow the Forest Department to harvest and sell sandalwood trees grown on private land, a government release said. Saseendran added that one crore sandalwood saplings would be planted across Kerala and that farmers would receive the full sale value of sandalwood trees. He said the government plans to move forward with a comprehensive forest policy. According to Saseendran, 100 colleges in the state will be designated as Knowledge Partner Institutions to ...

Coca-Cola considers sale of Costa Coffee in strategic business review

The company has held initial talks with a small number of potential bidders for Costa, including private equity firms, Sky News first reported, citing unidentified sources

Force Motors Q1 profit jumps 53% to ₹278 crore on strong sales growth

Force Motors on Wednesday reported a 53 per cent increase in consolidated net profit to Rs 278 crore for the first quarter ended June 30, 2025, on the back of robust sales growth. The Pune-based automaker reported a consolidated net profit of Rs 182 crore for the April-June quarter of last year. Revenue from operations rose to Rs 2,297 crore in the first quarter as against Rs 1,885 crore in the year-ago period, Force Motors said in a statement. "This growth can be attributed to our consistent focus on meeting customer expectations, capitalising on domestic momentum, and improving internal efficiencies," Force Motors MD Prasan Firodia said. The continued trust of customers and the unwavering effort put in by teams have been pivotal to this success, he added. "With positive indicators in the domestic market, we remain optimistic about sustaining growth in the coming quarters. Our investments in innovation, reliability, and expanding our dealer network will further strengthen our mar

Domino's tops Q2 US sales estimates on strong demand, new menu deals

The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program

Tech Mahindra to boost sales, marketing spend in key markets over 2 years

IT company Tech Mahindra will invest in sales and marketing as well as learning infrastructure in key markets to enhance its position, Mahindra Group Chairman Anand Mahindra said on Thursday. During the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society. "Over the next two to three years, the company plans to invest in learning infrastructure and in enhancing market position in key markets by investing in sales, marketing and key service lines across strategic verticals," Mahindra said in response to a question asked by a shareholder. Tech Mahindra has opened a 'Manufacturing Xperience Center' at its campus in Chennai to help manufacturers quickly prototype and scale AI-driven innovations to address industry challenges such as high operational costs, process inefficiencies, supply chain disruptions, and complex operational hurdles. We remain open to setting up centres like the one in Chennai and

Puravankara Q1 sales bookings rise 6% to ₹1,124 crore due to higher prices

Realty firm Puravankara Ltd's sales bookings rose per cent to Rs 1,124 crore in the first quarter of this fiscal year on higher price realisation. In a regulatory filing on Friday, the company said it achieved sales value of Rs 1,124 crore for April-June quarter as against Rs 1,064 crore in the year-ago period. Sales volume dipped to 1.25 million sq ft from 1.29 million sq ft. However, the average price realisation increased to Rs 8,988 per sq ft from Rs 8,246 per sq ft. Puravankara has completed more than 90 projects measuring around 53 million sq ft across nine cities -- Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company has a land bank of 25 million sq ft and ongoing projects add up to 37 million sq ft.

Reloy FY25 revenue rises 60% to ₹28.5 crore on strong referral sales growth

HDFC Capital-backed proptech startup Reloy, which helps builders generate referral sales, has posted a 60 per cent growth in revenue to Rs 28.5 crore in the previous fiscal year on high demand for housing properties. The company posted a gross revenue of Rs 17.8 crore in the 2023-24 financial year. "We managed to grow 50 per cent in our core referral sales business," Reloy Founder and CEO Akhil Saraf told PTI. He noted that the company has cracked the code on referral sales and replicating this across all clients. Saraf said the company is working with almost all leading real estate developers across major states. Founded in 2015, Reloy specialises in real estate loyalty and referrals. It is a B2B2C homeowner and broker management platform that helps builders manage their customers and brokers more efficiently. Reloy has so far raised Rs 13 crore from various investors, including HDFC Capital, which owns around 10 per cent stake in the startup. The tech solutions offered by the

Sales of listed non-financial private companies grow 7.1% in Jan-Mar: RBI

Sales of listed private non-financial companies registered a 7.1 per cent growth during January-March quarter of 2024-25 as compared to 8 per cent of expansion in the previous quarter and 6.9 per cent during the year, according to RBI data released on Thursday. The Reserve Bank released data on the performance of the private corporate sector during the fourth quarter of 2024-25, drawn from abridged quarterly financial results of 2,936 listed non-government non-financial companies. Aggregate sales growth (y-o-y) of 1,659 listed private manufacturing companies moderated to 6.6 per cent during Q4:2024-25 from 7.7 per cent during the previous quarter. RBI said that even as major industries such as electrical machinery, chemicals, food products and pharmaceuticals industries recorded a double-digit sales growth, weak performance of petroleum industry pulled down the sector's sales growth. Annually, sales growth of IT companies improved further to 8.6 per cent in Q4 from 6.8 per cent in

Ather Rizta crosses 100,000-unit sales within a year of market launch

Rizta has surpassed 100,000 sales within a year of its unveiling in April 2024, accounting for 60% of Ather's FY2025 sales and establishing dominance in southern India

Persistent Systems Q4 results: Profit rises 25% to ₹396 cr on strong growth

Mid-tier IT company Persistent Systems on Thursday posted a 25 per cent jump in March quarter profit to Rs 395.76 crore. The Pune-headquartered company reported a net profit of Rs 315.32 crore in the year-ago period. Its revenues grew 25.2 per cent to Rs 3,242 crore from Rs 2,591 crore in the year-ago period, while operating profit margin expanded to 15.6 per cent from 14.5 per cent in the year-ago period. Its Chief Financial Officer Vinit Teredesai said the margins will further expand up to 2 percentage points in FY26. Speaking to PTI, he also added that the company is maintaining its aspiration of getting USD 2 billion in revenues by FY26, as against USD 1.4 billion in FY25 despite the ongoing uncertainties. He said it is very difficult to predict the exact outcome for the company from the shift in trade policies, and added that deal signings have become sluggish as customers adopt a cautious stance. The company's new deal signings declined to USD 517.5 million in the reporting

Epigral Q3 result: PAT more than doubles to Rs 103.63 cr, shares up 5.57%

Integrated chemical manufacturer Epigral Ltd on Monday posted a more than two-fold jump in consolidated net profit at Rs 103.63 crore in the December quarter on strong sales. The company had reported a net profit of Rs 49.08 crore in the year-ago period. Total income rose 37 per cent to Rs 649.10 crore during the October-December quarter of 2024-25 fiscal from Rs 473.98 crore in the corresponding period of the previous year, according to a regulatory filing. Expenses remained higher at Rs 495.57 crore against Rs 399.82 crore. Epigral Chairman and Managing Director Maulik Patel said: "Epigral's revenue grew by 37 per cent in nine months of FY2025 on account of 15 per cent growth in sales volume from derivatives business and high-value products." The company's diversification strategy has played a key role in witnessing consistent and stable growth in the subdued demand scenario, he added. Epigral's board has approved doubling its CPVC Resin and Epichlorohydrin (ECH) capacity. Th

Puravankara's sales bookings rise 2% to Rs 1,265 cr in December quarter

Real estate company Puravankara Ltd on Monday reported a 2 per cent increase in its sales bookings to Rs 1,265 crore for the latest December quarter on high demand for homes during festivals. Its sales bookings stood at Rs 1,241 crore in the year-ago period. Puravankara Managing Director Ashish Puravankara said, "The growth in collections is a clear reflection of our strong operational efficiency. In the first nine months of this fiscal, we achieved collections of Rs 2,991 crore, a 19 per cent year-on-year increase". "Keeping in line with our acquisition strategy and our growth plans for the current and next financial year, we have invested approximately Rs 1,100 crore this fiscal, adding a potential GDV of around Rs 10,500 crore," he added. Bengaluru-based Puravankara Ltd is one of the leading real estate developers in the country.

Gaurs Group's pre sales up at Rs 4,800 cr in Apr-Dec 2024 on strong demand

Realty firm Gaurs Group has reported around 4-time jump in its sale bookings to Rs 4,786 crore during the April-December period of this fiscal on strong demand for its residential properties in Delhi-NCR. With strong performance in the first nine months of this fiscal, Gaurs Group now figures among the top real estate developers, including both listed and non-listed firms, in the country in terms of sale bookings. The robust performance is largely attributed to the successful launches of two luxury projects, including Gaur 'NYC Residences' located at Wave City, Delhi-Meerut Expressway, and Legacy by Gaurs in Greater Noida, the company said. Sarthak Gaur, Director of Gaurs Group, said, "The remarkable turnover of Rs 4,786 crore in the first three quarters of 2024-25 is a testament to the strength of our portfolio. Completely selling out 2 projects one after the other in a matter of 2-3 days is no mean achievement and we are very proud to be in that league." Manoj Gaur, Chairman and

DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment

Next financial year, the company plans to launch two limited editions of Gianchand, its flagship Indian Single Malt

Nordstrom raises lower end of annual sales outlook on uncertain environment

Nordstrom's addition of sought-after brands, along with its focus on digital growth and expanding stores of its off-price brand Rack, has boosted sales ahead of a potentially mixed holiday season

Unilever, Danone boost sales as price hikes start to slow, beats Q3 sales

Shoppers started trading down to cheaper alternatives, such as private label brands owned by Walmart, Tesco and Carrefour. At their peak in the fourth quarter of 2022, Unilever's underlying prices

Dulux maker AkzoNobel misses Q3 forecasts as demand weakens in China

Its third-quarter revenue fell 3 per cent from a year earlier to 2.67 billion euros ($2.88 billion), below the 2.76 billion euros expected by analysts in a company-provided consensus