Revenue was up by 1.7 per cent year-on-year (Y-o-Y) to 2,280 crore. Ebitda grew by 12.5 per cent Y-o-Y to 440 crore. Adjusted PAT was up 10.3 per cent Y-o-Y to 320 crore.
Domestic revenues were flattish Y-o-Y with volume growth of 3 per cent Y-o-Y with domestic Ebit (earnings before interest and tax) margin up by 220 bps Y-o-Y to 20.2 per cent.
The international business posted growth of 7 per cent Y-oY (around 10 per cent in constant currency) with Ebit margins up 340 bps Y-o-Y to 24.6 per cent. This growth was led by a recovery in its Bangladesh business.
The premium and urban segments continued to outperform rural and mass segments.
The modern trade and e-com channels continue to gain traction. Gross margin came in at 51.6 per cent, up 420 bps Y-o-Y and up 30 bps quarter-onquarter (Q-o-Q). Employees cost up 50 bps Y-o-Y, advertisement and sales promotion (A&SP) was up 50 bps Y-o-Y and other overheads were up 120 bps Y-o-Y. The Ebitda margin came in at 19.4 per cent up 190 bps Y-o-Y.
Denne historien er fra May 08, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May 08, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A life that lives beyond
The passing of Ratan Tata marks the loss of not only an iconic leader but also a global visionary whose influence extended far beyond business.
Ratan Tata: The unlikely social media star
On Monday, Ratan Tata posted on social media: \"Thank you for thinking of me,\" debunking rumours about his health. Just two days later, on Wednesday, the former Tata Group chairman passed away in a Mumbai hospital at the age of 86.
Paytm appears poised for rebound
While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license.
Love-all, RAFA
'KING OF CLAY' TO SIGN OFF FROM PROFESSIONAL TENNIS BY THE END OF THIS SEASON
Aman for startups
Ratan Tata was known as much for his business acumen as for his philanthropy. However, a lesser-known fact was his stellar track record when it came to startup investment.
RBI's inflation caution may halt FMCG rally
Analysts suggest buying quality stocks on dips for long term
Indices close marginally higher
Equity benchmark indices Sensex and Nifty settled higher on Thursday due to gains in banking, power, and industrial stocks amid a firm trend in global markets.
Oil gains after 2-day decline
Oil rose after a two-day decline as traders watched for an Israeli response to Iran's missile attack early last week, while US crude stockpiles expanded the most since April.
Pro-rata distribution mandate for AIFs likely to see tweaks
Final norms to ensure excuse, exclude provisions co-exist
Bernstein downgrades Indian stocks on valuation concerns
Bernstein Societe Generale Group's Asia quant strategists have downgraded Indian stocks due to valuations, while predicting further upside for Chinese equities on a policy boost.
