Granules India: Backward Integration and New Launches To Drive Growth
Moneylife Digital Team 23 May 2023
Pricing pressure in the US market continues to impact the generic pharmaceuticals industry. Hence, Granules India (Granules) is focusing on increasing its penetration in other geographies of the...
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Restaurant Brands Asia: No Turnaround in Sight
Moneylife Digital Team 23 May 2023
Restaurant Brands Asia (RBA) reported growth in revenue and improvement in gross profitability due to phenomenal growth in Burger King (BK) café in India and significant cost-reduction measures. It is continuing to innovate and...
Astec Lifesciences: CMO Business To Mitigate Risk
Moneylife Digital Team 23 May 2023
The reopening of China has dealt a heavy blow to Astec Lifesciences’(Astec’s) performance in the past two quarters. In Q4FY22-23, sales dropped by 53% y-o-y (year-on-year) to Rs127 crore. This decline was primarily attributed to...
Tips Industries Ltd: Strong Guidance
Moneylife Digital Team 22 May 2023
Tips Industries Ltd (TIL) announced its results for Q4FY22-23 on 12 May 2023. We had discussed TIL’s business and the special situation in detail in May 2021 (
TIL’s net sales increased 52%...
Sapphire Foods: Tough Conditions Continue
Moneylife Digital Team 22 May 2023
Post-Diwali demand sluggishness and poor performance of Sri Lanka operations led to a moderation of growth for Sapphire Foods (Sapphire). It is further reducing its Pizza Hut (PH) store size in large cities, to reduce costs. It took...
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