Wed, Apr 14, 2021 8:11 PM
$7.4 million raised by B2B ecommerce platform Beldara from Hindustan Media
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Marico share price jumped over 8% in early trade on Tuesday after analysts remained bullish on the stocks post its Q4 results. The FMCG major Marico reported a consolidated net profit of ₹320 crore in the fourth quarter of FY24, a growth of 4.9% from the year-ago period. The company’s revenue from operations in Q4FY24 rose 1.69% YoY to ₹2,278 crore.
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Square Yards, which is mainly in the housing and home loan brokerage business, on Monday said its revenue has risen 49 per cent to Rs 1,004.45 crore during the last fiscal year, driven by strong demand for residential properties. Of the total revenue, its India business contributed 79 per cent, Square Yards said in a statement.
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Steel maker Kamdhenu Ltd on Monday posted a 56 per cent rise in net profit to Rs 16.8 crore in the March quarter compared to Rs 10.8 crore in the year-ago period on the back of higher income. Its total income rose to Rs 184 crore in the period under review from Rs 168 crore in the January-March quarter of FY23. The company's total expenses also rose to Rs 161.59 crore.
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