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A Flip by Bhavya Sabharwal
Reported Standalone quarterly numbers for JBM Auto are:Net Sales at Rs 1,331.83 crore in March 2024 up 38.17% from Rs. 963.88 crore in March 2023.Quarterly Net Profit at Rs. 10.13 crore in March 2024 down 62.22% from Rs. 26.81 crore in March 2023.EBITDA stands at Rs. 73.39 crore in March 2024 down 21.58% from Rs. 93.58 crore in March 2023.
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Reported Standalone quarterly numbers for Ceat are:Net Sales at Rs 2,979.22 crore in March 2024 up 4.07% from Rs. 2,862.74 crore in March 2023.Quarterly Net Profit at Rs. 119.06 crore in March 2024 down 9.8% from Rs. 132.00 crore in March 2023.EBITDA stands at Rs. 397.75 crore in March 2024 up 6.69% from Rs. 372.81 crore in March 2023.
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Apple CEO Tim Cook has said that Apple achieved record revenues in India for the quarter ending March 2024, despite a 4 percent drop in overall revenue and a 10 percent decline in iPhone sales from the previous year. Cook made the announcement during the earnings call on May 2, 2024, while discussing the company's financial outcomes in India, Hindustan Times reported.
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