Search For "decline in revenue"
US tariffs to shear 5-10% off home textile industry revenue: Crisil Rating
Updated : 8 months ago IST
Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report.
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STL reports Q3 FY24 results, bullish on mid to long-term growth
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 25: STL (NSE: STLTECH), a leading Optical and Digital solutions company, today announced its financial results* for the quarter ended 31st December 2023. The company reported Rs 1,322 Cr in revenues for the quarter and an order book of Rs 9,849 Cr across
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Adani Wilmar reports 12 pc decline in revenue in Q1
Updated : 2 years, 10 months ago IST
The company said the decline in revenue during the quarter was reflective of a steep decline in edible oil prices.
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Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2
Updated : 3 years, 2 months ago IST
The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report.
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Meta reports first ever revenue decline
Updated : 8 months ago IST
Washington [US], July 28 (ANI): Facebook and Instagram's parent company Meta reported its first-ever yearly decline in revenue for the second quarter, announcing a 1 per cent drop to USD 28.8 billion.
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Fashion retailers likely to witness 35 to 42 pc dip in FY21 revenues: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Oct 10 (ANI): The value and lifestyle fashion retailers are likely to witness 35 to 42 per cent decline in revenues during the current financial year, according to investment information firm ICRA.
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Retail jewellers facing elongated working capital cycle amid lockdown: Ind
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], May 12 (ANI): Most retail jewellery players either have sufficient liquidity available or are backed by strong bank funding or outstanding free cash which will enable them to manage liquidity in the short term, India Ratings and Research (Ind-Ra) said on Tuesday
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FMCG major Marico expects significant decline in revenue due to COVID-19 l
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 9 (ANI): Fast-moving consumer goods major Marico expects a decline in revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) during the fourth quarter of FY20 due to national lockdown to contain the outbreak of COVID-19.
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ICRA maintains negative year-end outlook for telecom industry
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 13 (ANI): Investment information and rating agency ICRA has maintained a negative outlook for the Indian telecom industry which is grappling with adjusted gross revenue (AGR) dues, notwithstanding the green-shoots of recovery.
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Reliance Industrial Infra reports decline in revenue, net profit
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): Reliance Industrial Infrastructure has reported 1.7 per cent fall in its total revenue of Rs 99.81 crore in 2018-19 compared to Rs 101.55 crore in the previous year.
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