Beverages major Coca-Cola India's consolidated profit fell 41.82 per cent to Rs 420.29 crore in FY24 while its revenue rose 4.24 per cent to Rs 4,713.38 crore, according to the company's filing to RoC (Registrar of Companies).
Amazon is developing smart glasses, codenamed "Amelia," to streamline delivery routes and boost driver efficiency. The glasses will provide turn-by-turn navigation, potentially saving seconds per delivery and reducing overall costs. However, the project faces challenges such as battery life and driver adoption. Amazon remains committed to innovation in its delivery network, aiming to maintain its competitive edge.
A small bullish candle formed on the daily chart with a long upper shadow, indicating a lack of sustained upside momentum. The underlying trend remains choppy with a weak bias. Nifty is expected to bounce from near the lower range of 23,800, with immediate resistance at 24,300.
Jubilant FoodWorks, owner of Domino's and Dunkin' brands, saw a decline in profits this quarter. Revenue, however, increased significantly. The company added 73 new stores, bringing the total to 3,120. Domino's India achieved record high monthly active users. The company's shares closed slightly lower after the announcement of these results.
Share India Securities CEO Sachin Gupta, discusses the company's strong Q2 performance, attributing its growth to a focus on retail business, margin trading facilities (MTF), and merchant banking. Gupta highlights the success of their institutional desk and outlines plans to expand into wealth management services, including AIF and PMS offerings.
Devyani International reported a net loss of Rs 4.92 crore in Q2FY25, despite a 49% YoY revenue growth to Rs 1,222 crore. EBITDA margin declined to 16.3% from 18.3%. The company added 85 new stores and secured exclusive master franchise rights for three modern QSR brands: TeaLive, New York Fries, and Sanook Kitchen.
BEML, the Miniratna company, reported a marginal 0.75% decline in its profit after tax (PAT) for Q2 FY2024, totaling Rs 51.03 crore, compared to Rs 51.78 crore in the same quarter last year. The companys revenue from operations fell by 57% YoY.
Revenue from operations rose 13.8% year-on-year (YoY) to Rs 103.67 crore in Q2 FY25. Profit before tax was Rs 41.06 crore, an 8.18% decline from Rs 44.7 crore in the same quarter of the previous fiscal.
Waaree Energies Share Price: After the stocks decline over the last three sessions, the companys market capitalization on the BSE has dropped to Rs 84,606 crore, down from the Rs 1 lakh crore mark reached last week.
