The margins of consumer staple companies are expected to improve in the fourth quarter of FY26 (January-March) as lower consumer prices following GST cuts support recovery, according to a report by Systematix Research.
"More importantly, measures to simplify the GST registration mechanism, particularly for small suppliers making supplies through e-commerce operators and an easier refund mechanism, are expected to lower input costs and improve liquidity for companies, while giving a thrust to Make in India,
Mumbai (Maharashtra) [India], May 21 (ANI): Aditya Birla-led Hindalco Industries on Friday posted three times growth in Q4 FY21 consolidated profit at Rs 1,928 crore due to strong performance by Novelis and India aluminium business.
Mumbai (Maharashtra) [India], May 13 (ANI): Pharma major Lupin Ltd on Thursday reported 18 per cent jump in its consolidated profit after tax to Rs 460 crore.
Singapore, December 9 (ANI): S&P Global Ratings expects Tata Steel to sustain solid earnings over the next 12 to 18 months following a rebound in the second quarter of fiscal 2021, helped by a benign steel price environment and lower input costs.