Vijay Shekhar Sharma has purchased 1.72 lakh shares worth Rs 11 crore in One97 Communications, the parent company of fintech firm Paytm.
Its consolidated revenue from operations in the fourth quarter stood at Rs 2,409 crore, a 30.7% increase compared to Rs 1,842 crore in the year-ago period.
Campus Activewear’s initial public offering (IPO) received thumps up from investors as the offer got subscribed 51.75 times by the end of April 28, the final day of bidding.
HUL, which saw its sales grow 10% to Rs 13,190 crore in the March quarter, has become a Rs 50,000-crore turnover company this fiscal.
The Bengaluru-based company’s revenues for the fourth quarter stood at Rs 2,897.4 crore, up 37% Y-o-Y, compared to Rs 2,109.3 crore in the year-ago period.
Edtech unicorn Unacademy, which recently launched an experience centre- Unacademy Store, has laid off nearly 600 employees, almost 10% of its workforce.
CEO says Paytm to achieve operating EBITDA breakeven well ahead of analysts’ estimates
This equates to around 20% of the combined FY2021 EBITDA for the three entities,” reads the report.
“As a result of these measures, BSNL has turned EBITDA positive (operating profit) in 2020-21,” informed the minister in a written reply to Lok Sabha.
Nykaa accelerated store expansion this quarter, with 12 new stores including those in Tier 2/3 cities. Its physical store count was 96 as of Dec 31, 2021 in 45 cities.
TVS Motor Board on Monday also said it has appointed Prof Ralf Dieter Speth, Non-Executive Director, as Chairman of the Board effective April 1, 2022.
The revenue of the company for Q3 stood at Rs 33,697 crore, higher by 50% year-on-year.
Rating agency Crisil estimates that earnings before interest, taxes, depreciation and amortisation (EBITDA) margins likely dropped 100-120 basis points (bps) year-on-year.
The company’s expenses also trebled year-on-year to Rs 1,602 crore in the second quarter this year compared to Rs 585 crore last year.