Revenue from its India business rose 9%, while its U.S. business rose 6%. BENGALURU (Reuters) – Indian drugmaker Alembic Pharmaceuticals posted first-quarter profit on Friday, boosted by strong sales in its domestic and U.S. markets. The Vadodara-based company said consolidated profit rose to 1.21 billion rupees ($14.6 million) for the quarter ended June… Continue reading Alembic Pharma Q1 consolidated profit rose to $14.6 mn on strong sales
Tag: sales
Apple hits record iPhone sales mark in India despite global slowdown
By Bloomberg News Apple Inc. grew revenue in China a surprisingly strong 8 per cent while setting a record for Indian iPhone sales, bright spots in an otherwise disappointing quarterly check-in from the world’s most valuable company. Those twin milestones stood out after Apple posted its third straight quarter of declining… Continue reading Apple hits record iPhone sales mark in India despite global slowdown
Digital omnichannel now accounts for 64% of Westlife Foodworld’s sales
Premium To put it into perspective, the McDonald’s franchisee is much ahead of the kerb compared to the country’s quick service restaurant (QSR) chains McDonald’s franchisee, Westlife Foodworld, which operates in west and south India, has aggressively moved to a digital omnichannel platform which now accounts for 64 per cent of its total sales,… Continue reading Digital omnichannel now accounts for 64% of Westlife Foodworld’s sales
Yum! Brands report 22% system sales growth in India and its area countries
Jubilant FoodWorks gearing up to launch Domino’s for ONDC debut Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more Yum! Brands reported 25% system sales growth in India in Jan-March quarter Flavour of season: It’s a premier league for food delivery firms this IPL Domino’s Pizza launches breakthrough 20-minute delivery in Bengaluru Mankind… Continue reading Yum! Brands report 22% system sales growth in India and its area countries
Suzuki India 2W July sales at best-ever 107,836 units, up 41.5% YoY
Suzuki Motorcycle India has registered the best-ever sales of two-wheelers as its sales clocked 107,836 units in July 2023, HTAuto has reported. This figure includes both domestic sales and exports which stood at 80,309 and 27,527 units respectively. The company registered a year-on-year sales growth of 41.5 per cent more than the sales in… Continue reading Suzuki India 2W July sales at best-ever 107,836 units, up 41.5% YoY
Sun Pharma Q1 profit may be weighed by weak US specialty sales and Taro nos
Drugmaker Sun Pharmaceutical Industries (Sun Pharma) is expected to report a muted net profit for the June quarter (Q1FY24) when it announces its earnings on Thursday, August 3. The pressure on earnings is likely due to flat growth for the arm Taro Pharma, weak US generic sales as a result of product restrictions at… Continue reading Sun Pharma Q1 profit may be weighed by weak US specialty sales and Taro nos
Hero MotoCorp and Bajaj Auto’s July two-wheelers sales in slow lane
Hero’s domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj’s domestic sales dropped 13.62 per cent YoY in July. (Photo: Shutterstock) Hero MotoCorp and Bajaj Auto reported lower sales of domestic two-wheelers in July year-on-year (YoY) amid continuing low demand, especially in the rural market. Hero’s domestic sales dropped by 12.18… Continue reading Hero MotoCorp and Bajaj Auto’s July two-wheelers sales in slow lane
Pfizer misses revenue estimates as Covid-19 product sales decline
Pfizer is also preparing for declining revenues in coming years as some of its top-selling drugs are soon set to face competition from cheaper generic treatments. | Photo: Bloomberg Pfizer Inc reported a bigger-than-expected 54% decline in second-quarter revenue on Tuesday, as the U.S. drugmaker faced declining demand for its COVID-19 products. … Continue reading Pfizer misses revenue estimates as Covid-19 product sales decline
Total sales up 11% YoY, bus sales up 56%
Year-to-date domestic sales for the ongoing financial year stood at 53,314 units which was up 7% from 49,839 units during the same period last year Ashok Leyland posted an 11 per cent rise in its total sales as the automaker sold 15,068 vehicles in July 2023, compared to 13,625 units year-on-year (YoY), the company… Continue reading Total sales up 11% YoY, bus sales up 56%
Total sales down 1.41% YoY, CV sales down 4%
Tata Motors (Photo: Twitter) Tata Motors posted a decline of 1.41 per cent year-on-year (YoY) in its total sales for July 2023. The company sold 80,633 units in July 2023 against a sale of 81,790 units in July 2022. These numbers include both domestic and international sales. Domestic sales did not see any… Continue reading Total sales down 1.41% YoY, CV sales down 4%