By-Prathamesh Masdekar, Research Analyst, StoxBox – The Company reported revenue growth of 16.5% YoY and 4.4% QoQ to Rs. 8,038 crores, above market expectations of Rs. 7,717 crores. – The Global Generics (GG) segment witnessed broad based revenue growth of 17.0% YoY / up 4.0% QoQ to Rs. 7,158 crores, driven by improved sales volumes and new product launches. Emerging Markets and Europe primarily drove…
Project Vriddhi Completes 5 Successful Years: Nestlé India and SM Sehgal Foundation Celebrate Milestone
Bengaluru, November 06, 2024: Nestlé India and SM Sehgal Foundation celebrated the successful completion of five years of Project Vriddhi in Nuh district. The project was launched in 2019 in Rohira village to strengthen community-led rural development. Since its inception, the Project has positively impacted the lives of 18,000 beneficiaries across 14 villages. This milestone was marked by an event in the Kaliyaka village, attended…
JK Tyre Posts Strong Q2FY25 Earnings with Rs. 144 Crore Net Profit
New Delhi, November 06, 2024: Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its unaudited results for Q2 of FY2025. Commenting on the results, Dr. Raghupati Singhania, Chairman and Managing Director (CMD), said, “JK Tyre, maintained it’s volumes & presence in the Passenger Car segment despite lower demand in the category. Commercial vehicle segment also witnessed slackening attributable to general election…