MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand

Its revenue rose 29.2% to 12.84 billion rupees in April-June quarter, which managed to offset a 29% rise in expenses. BENGALURU (Reuters) – India’s MedPlus Health Services reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales. The company’s consolidated net profit rose… Continue reading MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand

Apple India revenue grows double digits to hit June qtr record: Tim Cook

Despite a 1 per cent year-on-year (y-o-y) dip in Q3 revenue, India continues to shine as a top-performing market for iPhone manufacturer Apple. According to Tim Cook, Apple’s chief executive officer, the company’s Indian operations recorded double-digit y-o-y growth and set a quarterly record in the June quarter, fuelled by robust iPhone sales. … Continue reading Apple India revenue grows double digits to hit June qtr record: Tim Cook