Apar Industries: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Apar Industries (Apar) reported its highest-ever revenue in Q2FY22-23, driven by healthy exports, higher sales of premium products and volume growth. Sales grew by 42.5% y-o-y (year-on-year) and operating profit margin expanded by 140bps (basis points) y-o-y to 7%. Consequently, net profit expanded by 70bps to 3.2%.
 
 
Exports and premium products have helped drive sales and expand gross margins...
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Devyani International: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Sales of Devyani International (Devyani) in Q2FY22-23 were up by 44.76% y-o-y (year-on-year) and 6% q-o-q (quarter-on-quarter) to Rs 747 crore. The revenue growth was led by a combination of new store openings, pricing and volume...
Deepak Nitrite: September ’22 Results Update
Moneylife Digital Team 22 November 2022
Deepak Nitrite reported weaker numbers in Q2FY22-23. Revenue rose by 17% y-o-y (year-on-year) to Rs1,962 crore, driven by volume growth in advance intermediates and phenolics segment. However, growth was impacted due to a fire at...
Rainbow Children’s Medicare: September ’22 Results Update
Moneylife Digital Team 22 November 2022
Rainbow Children’s Medicare (RCM), which went public in April 2022, is a multi-specialty paediatric, obstetrics and gynaecology hospital chain which was earlier backed by the UK-based development finance institution—CDC...
Sapphire Foods India: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Sapphire Foods India (Sapphire), a franchisee of Yum Brands, operates on a non-exclusive basis in India. It operates brands such as KFC, Pizza Hut (PH) and Taco Bell in several states in India and across Sri Lanka and the Maldives....
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