Page 8 - Sales
Nestle India Q2 PAT up 11% to Rs 539 cr, sales up 14%
Steep commodity inflation impacted margins; while staff benefit expenses remained stable, total expenses grew 14% as other operating expenses surged too
 "Nestle India Q2 PAT up 11% to Rs 539 cr, sales up 14%")
Big miss for Maruti Suzuki as Q1 net profit comes in at Rs 441 crore
Weak volumes, commodity costs weigh on margins
 "Big miss for Maruti Suzuki as Q1 net profit comes in at Rs 441 crore")
Outlook positive for DLF after strong Q1 performance despite lockdown
While residential portfolio is strong, commercial assets may take time to recover
 "Outlook positive for DLF after strong Q1 performance despite lockdown")
UltraTech Cement Q1 profit grows two-folds to Rs 1,700 cr; net sales up 54%
Aditya Birla group firm UltraTech Cement Ltd reported over two-fold jump in its consolidated net profit to Rs 1,700 crore in first quarter, helped by volume growth, increased operational efficiencies.
 "UltraTech Cement Q1 profit grows two-folds to Rs 1,700 cr; net sales up 54%")
Mi India logs Rs 1,000 cr in sales during 7th Mi anniversary sale
Mi India on Thursday announced that it registered sales worth Rs 1,000 crore across categories during the Mi 7th anniversary sale from July 12-July 16 in the country.
 "Mi India logs Rs 1,000 cr in sales during 7th Mi anniversary sale")
Renewed restrictions to hit sales in India in Q2 this year, says Unilever
Anglo-Dutch FMCG major Unilever on Thursday said the second wave of the coronavirus pandemic and subsequent restrictions in India impacted its sales in the country.
 "Renewed restrictions to hit sales in India in Q2 this year, says Unilever")
Johnson & Johnson forecasts $2.5 bn in Covid-19 vaccine sales this year
(Reuters) - Johnson & Johnson on Wednesday forecast just $2.5 billion in 2021 sales of its COVID-19 vaccine, which has fallen way behind rival shots from Pfizer and Moderna as the company deals with vaccine production issues and safety concerns.
 "Johnson & Johnson forecasts $2.5 bn in Covid-19 vaccine sales this year")
Demand recovery, buoyant exports to aid strong growth for tile makers
Improving product mix to boost realisations; while sales growth was impacted in the June quarter, there has been a recovery led by non-metro markets
 "Demand recovery, buoyant exports to aid strong growth for tile makers")
Soaring digital thermometer import shows Covid-19 pandemic reading
Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted
 "Soaring digital thermometer import shows Covid-19 pandemic reading")
Cadila arm completes sale of animal health business for Rs 2,921 crore
Cadila Healthcare on Thursday said its wholly-owned subsidiary Zydus Animal Health and Investment has completed sale of its animal healthcare established markets
 "Cadila arm completes sale of animal health business for Rs 2,921 crore")
Railways' earnings from platform ticket sales take a severe hit, dip by 94%
The railways' earnings from platform tickets took a severe hit in FY 21 with revenue from sale dipping by about 94 per cent as compared to the previous year due to coronavirus crisis, a RTI has found
 "Railways' earnings from platform ticket sales take a severe hit, dip by 94%")
Fundamentals of demand remains strong: Y S Guleria of Honda Motorcycle
The head of sales at HMSI says with Covid-19 cases declining, good monsoon and bumper harvest, the sector might recover soon
 "Fundamentals of demand remains strong: Y S Guleria of Honda Motorcycle")
 "Words Ron Earley lives by: Actions Speak Louder Than Words")
Near-term headwinds could reverse United Spirits growth trajectory
Margin expansion, debt reduction and higher premium segment sales may offer some support to the stock
 "Near-term headwinds could reverse United Spirits growth trajectory")
P&G raises full-year profit, sales forecast due to sales surge amid Covid
(Reuters) - Procter & Gamble Co raised its full-year sales forecast on Tuesday as the consumer products giant benefited from a surge in demand for Bounty paper towels, Tide detergent and other cleaning supplies due to the COVID-19 pandemic.
 "P&G raises full-year profit, sales forecast due to sales surge amid Covid")
Biz will have 30 days to generate e-voices for B2B sales in Oct: CBIC
Under the Goods and Services Tax (GST) law, companies with turnover of over Rs 500 crore will have to generate e-invoice for B2B transactions from October 1
 "Biz will have 30 days to generate e-voices for B2B sales in Oct: CBIC")
Sales, revenue to be impacted in Q1, Q2 of FY21 due to Covid-19: TAJGVK
In a regulatory filing, the company said since the situation is exceptional and is changing dynamically, it is not in a position to gauge with certainty the future impact on its operations
 "Sales, revenue to be impacted in Q1, Q2 of FY21 due to Covid-19: TAJGVK")
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
 "Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax")
Slowing sales raise concern over level of inventories with companies
The data on companies' inventory, a balance sheet entry, is only reported on a half-yearly and annual basis and is not available for Q3
 "Slowing sales raise concern over level of inventories with companies")
Sometimes you have to go out and get drunk: 8 ways to become a sales star
Look to help your customers in other ways besides providing them your product, reports Tech in Asia
 "Sometimes you have to go out and get drunk: 8 ways to become a sales star")
