CARS24 drives success with Rs 5,535 crore revenue and 3.6x gross margin boost in FY23

Oct 31, 2023

Gajendra Jangid, Co-Founder of CARS24, attributed this growth in gross margins to investments in technology and data science models.

Fitch lower risks for credit metrics of Indian oil marketing firms

Feb 16, 2021

Mumbai (Maharashtra) [India], February 16 : The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's...

Jute makers expected to see margins drop for second straight year

Jul 10, 2024

Operating margins of jute manufacturers are expected to shrink 50 basis points (100 basis point is equated to 1 percentage point) this financial year...

Hiked fertiliser subsidy unlikely to improve margins of companies: Report

Apr 02, 2025

The Gross margins of fertiliser makers are unlikely to improve in tandem with the previous financial year 2024-25, despite the latest raise in subsidy...

Union Bank of India profit jumps 61 pc in fourth quarter

May 07, 2023

In the reviewed quarter, the bank had strong growth in terms of advances and deposits year-on-year, while a sharp decline has been seen in...

Indian Pharma Industry to see negative volume growth in 3Q 2025, but will maintain strong gross margins: Report

Jan 13, 2025

Strong pricing growth (+5.3 per cent YoY) and the launch of new products from recent patent expiries (+2.6 per cent YoY) have continued to...