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...

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...

IT companies' margins may drop in Q3 FY25, but favourable currency movements may benefit: SBI Securities

Dec 05, 2024

Margins for some Indian IT companies are likely to decline in the upcoming third quarter of FY25 due to seasonal and structural factors, according...

Flood situation in Pakistan may threaten food security: Report

Oct 17, 2022

Islamabad [Pakistan], October 17 : Pakistan is staring at a possible food crisis as the production of wheat in the upcoming Rabi season is...