Mumbai (Maharashtra) [India], November 18 (ANI/PNN): AVRO India Limited (NSE - AVROIND & BSE - 543512), One of the leading manufacturers of plastic moulded furniture products has announced its unaudited Financial Results for the Q2 & H1 FY23.
The company's total income (or total revenue) for Q2 FY23 was Rs 22,409 million, an increase of 5.1 per cent over Q2 FY22. The company in a statement said its adjusted operating profit or earnings before interest, taxes, depreciation, and amortisation (Ebitda) for Q2 FY23 was Rs 18,209 million, an increase of 0.1 per cent over Q2 FY22.
The company had reported a net profit of Rs 7,372.2 crore in the year-ago quarter.
On a quarter-on-quarter (QoQ) basis, Info Edge's net profit declined 67 per cent during the September quarter (Q2) in the financial year 2022-2023 (FY23).
The company said Tata Motors' commercial vehicle business registered a 15 per cent growth in sales over Q2 FY22. For India business, domestic wholesales were at 93,651 vehicles, a surge of 19 per cent year-on-year. However, exports were at 6,771 vehicles, lower by 22 per cent affected by financial crisis in few export markets.
New Delhi [India], October 20 (ANI): The growth of digital payments in India has been significant, especially over the past couple of years when millions of merchants transitioned towards accepting online payments from consumers. This change in consumer behaviour has led to the massive popularity of payment-based devices.
Pune (Maharashtra) [India], October 19 (ANI/BusinessWire India): KPIT (NSE: KPITTECH; BSE: 542651), a leading partner for accelerating the transformation towards Software-Defined Vehicle to the automotive and mobility industry announced financial results for Q2 FY23 results today.
New Delhi [India], October 10 (ANI): Paytm, India's leading digital payments and financial services company and the pioneer of mobile and QR payments, has further strengthened its leadership position in the payments system with its number of deployed devices growing to over 4.8 million.