Sales

The Damani family-promoted retailer had reported a revenue of Rs 8,606.09 crore in the January-March quarter last fiscal, said a regulatory filing from Avenue Supermarts

Hinduja Group flagship Ashok Leyland has reported a 19 per cent rise in its sales in domestic and overseas markets at 23,926 units, the company said on Monday. The city-based heavy commercial vehicle maker had sold 20,123 units in the corresponding month of last year. Cumulative sales made by the auto major till March 2023 grew by 50 per cent to 1,92,205 units from 1,28,326 units sold in the corresponding period of last year, Ashok Leyland said in a statement. Total sales of medium, heavy and light commercial vehicles sold in March in the domestic market grew by 23 per cent to 22,885 units from 18,556 units sold in the same month of last year. Cumulative sales of medium, heavy and light commercial vehicles till March in the domestic market grew by 54 per cent to 1,80,916 units from 1,17,312 units made last year, the company said.

Demand for ice creams and cold beverages like Cola have surged because of the onset of early summer and sales are likely to grow in strong double-digits this season, according to top executives of FMCG and dairy firms. The summer season will also get a tailwind in the form of an abatement of the pandemic with increased consumer mobility. This will also help the out-of-home (OOH) segment, where the companies expect a sharp rise in sales after a slump of two years. Companies are ready with new and innovative offerings anticipating strong demand for their products this season and have started building inventory. Mother Dairy, one of the leading sellers of milk, dairy beverage products and Ice creams, said it is already "witnessing a surge in demand" with rising temperature and expects the trend to continue in the coming days. "In line with the same, we have already beefed up our value-chain to cater to any surge in demand across channels. "For a category like ice creams, which is a

The India head of the US farm equipment firm feels overall tractor sales might see a slight dip in FY23, after a good FY22

Mahindra & Mahindra (M&M) on Friday reported a 14 per cent rise in its profit after tax (PAT) to Rs 1,528 crore for the third quarter ended December 2022, driven by robust sales. The Mumbai-based automaker had reported a net profit of Rs 1,335 crore for the October-December period of the previous fiscal. Its revenue surged 41 per cent to Rs 21,654 crore for the third quarter compared to Rs 15,349 crore in the year-ago period. The company said it has sold a total of 1,76,094 vehicles during the period under review, up 45 per cent from 1,21,167 units a year ago. Tractor sales rose 14 per cent to 1,04,850 units in the third quarter against 91,769 units in the same quarter of the last fiscal. "We have had another robust quarter led by the robust performance of our Auto division. Our farm division also reported healthy growth with increased market share. Our capital allocation actions are continuing to show results and we remain committed to our journey of growth and returns," ...

International margins fall sharply on cost inflation, price lag in December quarter

Revenue up 6% to Rs 5,810 cr; firm expects US FDA audit at Goa unit

Footfalls have also witnessed an increase at both malls and retail outlets

Retailers Association of India (RAI) surveys retailers in different categories such as apparel, home decor, beauty and personal care, quick service restaurants, footwear, food, and grocery

The sold area also included a recently launched project at Juhu which clocked sales of over 10 per cent of the sales potential on receipt RERA registration during the quarter

Higher sales, improving cash flows are expected to drive further debt reduction for the sector

The company expects sales on a constant currency basis to increase in the mid-teens percentage range for the third quarter, with overall profit seeing "meaningful improvement," as gross margins expand

Says that by design, every sale is unapproved until it is verified by a triple-layered audit mechanism that reaches out to the interested customer through SMS, audio and video calls

Eicher Motors on Thursday said its joint venture with Volvo Group -- VE Commercial Vehicles -- posted 20 per cent rise in total sales at 4,903 units in November. VE Commercial Vehicles (VECV) sold 4,085 units in the same month last year, the company said in a regulatory filing. Domestic sales of Eicher brand of trucks and buses were at 4,483 units as against 3,184 units in the year-ago period, a growth of 40.8 per cent. Exports were down 69.7 per cent at 237 units from 783 units last year, it added. Total sales of Volvo trucks and buses grew 55.1 per cent to 183 units as compared to 118 units in the preceding year, it said.

Started on November 29, the Sony Audio Days sale will continue until December 4. The sale is live on Sony online store, Amazon, Flipkart, and Sony retail stores

Raymond's sales rise 15% in September quarter versus pre-Covid period

Agro-chemicals firm Crystal Crop Protection Ltd is expecting 15 per cent growth in its turnover this fiscal to around Rs 2,600 crore on better sales, its MD Ankur Aggarwal said. The Delhi-based company last week raised Rs 300 crore from IFC to fund its expansion and growth plans. "We will utilise the fund for future growth including capacity expansion of existing plants, and working capital requirements," he told PTI. Crystal Crop, which has seven manufacturing plants across various states, posted a turnover of Rs 2,283 crore during the previous financial year. "We are expecting the revenue to reach around Rs 2,600 crore this fiscal year," Aggarwal said, when asked about the outlook. The sales in rabi (winter sown) season are expected to be strong because of the late monsoon, he added. On acquisition of new brands, Aggarwal said the company keeps looking for suitable opportunities in regular course of business. To expand its business, Crystal Crop has made nine acquisitions to d

Apna.co said it has facilitated professional networking through various algorithms and technology tools

Gross sales came in at Rs 10,809.2 crore, growing by 13.1% over Q2 last year

Investors may consider buying the stock on dips, say experts