Sales Drop
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.
 "Double whammy hits Colgate: GST cuts, competition weigh on Q2 sales")
Hyundai Motor India's total sales decline 6% to 60,924 units in June
Hyundai Motor India on Tuesday said its total sales declined by 6 per cent year-on-year to 60,924 units in June. The company's total sales stood at 64,803 units in June last year, Hyundai Motor India Ltd (HMIL) said in a statement. The automaker said its dispatches to dealers in the domestic market declined 12 per cent to 44,024 units in June as compared with 50,103 units in the year-ago period. Exports stood at 16,900 units last month as against 14,700 units in June 2024. "In the domestic market, the geopolitical situation continued to affect the market sentiment," Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said in a statement. As the company comes closer to the beginning of production at the Talegaon plant, it remains cautiously optimistic about a gradual recovery of demand, supported by a reduction in repo rates and improving liquidity on account of a cut in CRR, he added. "We are closely watching the global geopolitical scenario and are committed to ...
 "Hyundai Motor India's total sales decline 6% to 60,924 units in June")
More pickups, fewer deliveries: Domino's US sales take a hit amid inflation
Domino's US delivery sales fell 1.5% in the March quarter as inflation-hit customers preferred to pick up orders to avoid extra fees; overall US sales dipped 0.5%
 "More pickups, fewer deliveries: Domino's US sales take a hit amid inflation")
Pizza Hut India operator 'cautious' on expansion after 20% sales slump
Shares of Sapphire slid as much as 8.8% post-results
 "Pizza Hut India operator 'cautious' on expansion after 20% sales slump")
As job cuts begin at Twitter, Elon Musk decries 'massive' sales drop
The global workforce reductions are expected to affect 3,700 jobs - about half of the company.
 "As job cuts begin at Twitter, Elon Musk decries 'massive' sales drop")
Sales take a 36% hit ahead of Diwali; traders blame GST
NDTV survey finds 100% respondents blaming GST while 30% say even note ban effect has lingered on, affecting sales this Diwali
 "Sales take a 36% hit ahead of Diwali; traders blame GST")
