Wed, Feb 28, 2024 11:03 AM
KPIGREEN Consolidated December 2023 Net Sales at Rs 330.12 crore!
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Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round. The new funding is part of a larger financing round, which is likely to include secondary transactions and balloon to over $500 million, people familiar with the matter said. The Bengaluru-headquartered startup, which operates an eponymous social commerce.
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Riding on increase in sales volumes, higher average selling price (ASP), new launches and benign commodity costs, Eicher Motors Limited (EML)reported an 18.2 percent increase in net profit at Rs 1,070 crore during the fourth quarter of this financial year. The Royal Enfield maker’s Profit After Tax (PAT) during Q4 FY23 stood at Rs 906 crore.The company’s revenue from operations is jumped 11.87.
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Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The MarketsIt's been a quiet week in the markets, marked by a dearth of major economic news and a consistent flow of positive indicators from the first-quarter earnings season.As of May 7, 424 companies in the S&P 500 have disclosed their earnings, with 78% surpassing earnings expectations and 61% exceeding revenue.
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