4QFY23 to be strong quarter for Indian FMCG companies
The commentary from companies indicates that inflation continues to weigh on demand and that there has been no meaningful improvement in the underlying consumption trends,…
Tag: quarter
Indian shares set to open higher ahead of March quarter earnings
Indian shares are set to open higher on Tuesday ahead of corporate earnings for the March quarter, and amid caution on rising odds of a…
Godrej Properties had its best ever quarter for sales bookings, cash collections, and project deliveries
Mumbai: Godrej Properties Limited (GPL) (BSE scrip id: GODREJPROP), a leading national real estate developer, announced key updates for Q4 and FY23. * GPL’s highest ever…
Sri Lanka sees increase in tourism earnings in first quarter
Amid the ongoing economic crisis, Sri Lanka has witnessed an increase from tourism earnings with around $530 million being received in the first three months…
Banking Sector Update : Steady quarter in a clouded macro By JM Financial Institutional Securities
We expect our banking coverage universe to report profit growth of +47%% YoY/+12% QoQ in 4QFY23E led by continued strength in NIMs and low credit…
Dhanlaxmi Bank shines on reporting 7% rise in total deposits during fourth quarter of FY23
Dhanlaxmi Bank is currently trading at Rs. 15.02, up by 0.57 points or 3.94% from its previous closing of Rs. 14.45 on the BSE. The…
India`s current account deficit fell to $18.2 bn in December quarter
India's current account deficit declined to $18.2 billion in December quarter of the current fiscal from $30.9 billion in September quarter of 2022-23. According to…
Overseas assets of Indians rose in December quarter of 2022-23
Overseas assets of Indians during the third quarter of 2022-23 rose, mainly due to an increase of $30 billion in reserve assets, which had earlier…