Revenue

Companies

Qantas launches athleisure clothing line in latest revenue-raising initiative

The branded range includes A$150 ($107.46) T-shirts and A$425 cashmere sweaters designed by Australian Martin Grant, and comes after recent sold-out sales of bar carts from retired Boeing Co 747 planes and business class pajamas and amenity kits.

1 min read14 Oct 2020
Companies

Women-run biz eye pickup

Women entrepreneurs see demand bouncing back to pre-covid levels by March

2 min read14 Oct 2020
Companies

WeWork India expects 25% growth in revenue for 2020 despite COVID-19

Co-working major WeWork India expects its revenue to grow by 25% this calendar year as demand for flexible workspace remains strong despite COVID-19 pandemic, its CEO Karan Virwani said

2 min read4 Sep 2020
Markets

Shoppers Stop’s revenues fall sharper; cost cutting softens the blow in Q1FY21

Relatively higher presence in shopping malls could be one reason that weighed on Shoppers Stop’s revenues heavilyShoppers Stop may need equity infusion going ahead to address negative net worth, according to an analysis

2 min read17 Aug 2020
Companies

Apple posts highest ever revenue for June quarter, despite the pandemic

Revenues from Apple’s Services business, which includes Apple Music, Apple TV+ and more, stood at $13.16 billionRevenues from Apple’s iPhones stood at $26.42 billion, a 2% growth from the last quarter

1 min read31 Jul 2020
Companies

FMCG revenue to de-grow 2-3% in FY21: Crisil Ratings

Crisil’s estimates paint a bleak picture for the FMCG sector, as opposed to Nielsen’s estimates of 5-6% growth for the sector

3 min read2 Jun 2020
News

States ignore taboos, tap tipple to get revenue flows back on course

As VAT on alcohol stays with states since GST was introduced, it has become a key source of income for governmentsStates such as Kerala and Delhi are using technology-enabled systems to prevent crowding at liquor shops

2 min read1 Jun 2020
Companies

Sun Pharma delays FY21 sales guidance on covid-19 uncertainty

Sun Pharma says with the covid-19 lockdown being primarily in the April-June quarter so far, there is considerable uncertainty in the coming yearThe lack of guidance for the current financial year comes even as the company posted a 14% growth in revenue to Rs8,185 crore in January-March

1 min read27 May 2020
Companies

From loss of Akshay Tritiya sales, loss of migrant work force to zero revenues India Inc discloses pain points

Companies such as D-Mart, Trent, Cochin Shipyard, Titan, Leela Hotels have disclosed the challenging times ahead due to the pandemicWhile the financial conditions look bleak majority of companies have reported that they have enough liquidity buffer and will be able to service outstanding loans

3 min read27 May 2020
News

Lower input costs aid margins even as revenue falters, Q4 early trends show

Although the lockdown was announced only during the last few days of the quarter, overall business sentiment had started to turn negative as the pandemic spread during the middle of the quarter

3 min read17 May 2020