According to the earnings data released Saturday, the retailer's consolidated net profit rose 4.9 per cent to Rs 724 crore. In the same quarter of last year, the net profit was Rs 690 crore.
Indian stock markets are expected to remain sensitive to the market triggers such as corporate earnings, key macroeconomic data, including CPI and WPI inflation, and foreign fund outflows amid the ongoing corrective phase, according to the market experts.
Total equity investment in Indian real estate recorded an all-time high of USD 11.4 bn in 2024, up 54 per cent (YoY) according to a report 'Market Monitor Q4 2024 - Investments' by real estate consultancy firm CBRE.
Ahmedabad (Gujarat) [India], January 10: GTPL Hathway Limited, India's largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended December 31, 2024
Oman's Minister of Commerce, Industry, and Investment Promotion, Qais bin Mohammad Al Yousef, on Thursday lauded India's economic growth and congratulated its leadership for the country's remarkable transformation over the past two decades.
IT services major Tata Consultancy Services (TCS) has reported a 12 per cent jump in net profit in the just-concluded October-December quarter, its earnings released Thursday showed.
Despite the recent challenges and lower-than-expected growth of 5.4 per cent in Q2FY25, the subsequent four quarters growth is expected to remain on an average of over 7 per cent, says the annual outlook of India by Franklin Templeton.
Growth in consumer goods space is set to be muted for yet another quarter (October-December 2024, asserted Mirae Asset Sharekhan, attributing it to sluggish urban demand, a gradual recovery in rural demand and price hikes taken across product categories.
Foreign portfolio investors (FPIs) are expected to adopt a cautious stance on Indian equities until there is clarity on the recovery in Q3 FY25 earnings and fair market valuations, says a report by Shriram Mutual Funds.