Weaving Revenue Growth

Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL

Tyre makers are expected to see a 7-8 per cent topline growth during the current fiscal, driven by a 3-4 per cent increase in realisations and volume, ratings agency Crisil Ratings said on Monday. This would be for the second consecutive year that the estimated revenue growth for the tyre manufacturer will be in single digit (albeit nearly double than that of last fiscal) and after logging a compound annual growth rate of 21 per cent between fiscals 2021 and 2023, Crisil Ratings said. It also said that realisation growth will be staggered throughout the fiscal as companies are raising prices gradually to offset the surge in the cost of natural rubber. Volume growth, meanwhile, will be driven by replacement demand, Crisil Ratings said, adding that the analysis is based on the performance of top six tyre makers, which account for around 87 per cent of the industry's revenue. According to the ratings agency, the high natural rubber prices and limited ability to pass on these costs du

CIEL to file papers for Rs 450-cr IPO on Friday, will be 2nd listed HR firm

Public offer expected to comprise a fresh issue of around Rs 350 cr and an offer for sale by earlier shareholders

LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

LGES said it would have booked an 18 billion won operating loss in the quarter without a tax credit received under the US

Weak China demand slows Holiday Inn owner IHG's revenue growth in Q3

IHG's licensing agreement with The Venetian Resort and The Palazzo in Las Vegas will end on Jan. 1, 2025, removing 7,092 rooms or about 0.7 per cent of its system from its portfolio, the owner of the

Indian Inc faces Q1 revenue uncertainties due to slow govt spending: Icra

Corporates are bracing for revenue uncertainties in the April-June period due to a slowdown in government spending and the onset of the annual monsoon season, domestic rating agency Icra said on Monday. The sequential revenue growth will taper in the first quarter of the fiscal, the agency said in a note, adding that there was a 6.5 per cent growth in revenues in the March quarter compared to the preceding December quarter. "While signs of a revival in rural demand have emerged, headwinds, such as a slowdown in the Government of India's (GoI) spending during the Parliamentary elections and onset of the monsoon period, are likely to weigh on growth in H1FY25," the agency said. "India Inc braces for revenue uncertainties in Q1FY25," it added. Its co-group head for corporate ratings Kinjal Shah said the sequential revenue growth will slow down because of a relatively high base amid a perceived temporary pause in the infrastructural activities for a major part of the quarter due to the

Q3 results: Decline in volume, revenue growth drags FMCG companies

Their combined net sales were up just 7.4 per cent year-on-year (Y-o-Y) in Q3FY23, which was the lowest in nine quarters then

Ready for take off: Noida Int'l Airport lines up revenue growth plans

The big challenge comes from the Delhi Airport, whose traffic base is very high and whose user fees will be much low than Noida airport

Consistent growth, margins in Q1 keep Mindtree ahead of larger peers

Analysts at the brokerage expect the company to deliver a 17 per cent dollar revenue growth annually between FY22-24

Earnings under pressure

High interest outgo and weak demand are worrying

Weaving revenue growth

Can the S Kumars' strategy to have presence in all textile product line pay off?