Hindustan Unilever: The FMCG major has recorded standalone net profit at Rs 2,406 crore for the quarter ended March FY24, falling 5.7 percent over the year-ago period, impacted by weak topline as well as operating numbers. Revenue from operations fell 0.2 percent on-year to Rs 14,857 crore for the quarter, with volume growth of 2 percent. EBITDA fell 1 percent year-on-year to Rs 3,435 crore, with ...

Logistics company Delhivery on Friday said it narrowed its net loss to `254 crore for the quarter ended September against a loss of `635 crore in the corresponding quarter last year on the back of a surge in sales with the start of festive season sales towards the end of the quarter.The company’s revenue from services increased 22% year-on-year to `1,796 crore, up 9% y-o-y from ` 1,644 crore on ...

Operationally, Delhivery is well-positioned to drive a 26?cadal Ebitda CAGR, much ahead of sectoral volume growth prospects. Its diversified customer & business mix should protect it strategically from changes in the industry structure. The CMP does not factor in a growth moderation in e-commerce sector volumes and limitations to the pace of share gains in the PTL (Partial Truckload) business. We ...

Indian equity markets are likely to open higher today as ahead of the trading session, SGX Nifty was in the green, hinting at a positive start for NSE Nifty 50 and BSE Sensex. “Going forward, Nifty is likely to continue trading sideways in the absence of any major events domestically. Globally, nine central banks would meet this week for their policy announcement while the new UK Prime Minister ...

Here is the list of top 10 stocks that will be in focus todayBharti Airtel: Telecom operator Bharti Airtel on Monday posted over a five-fold jump in its consolidated profit to ?1,607 crore for the quarter ended June 2022, mainly on account of hike in tariffs. The company had posted a profit of ?283.5 crore in the same period a year ago. Consolidated revenue from operations of Bharti Airtel increas...