Fri, Sep 15, 2023 3:24 PM
Siyaram Silk Mills shares jump 8%, hit 52-week high
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Uber posted a surprise first-quarter loss and forecast gross bookings in the second quarter below Wall Street expectations, sending the shares of the ride-share and food delivery company down nearly 9% on Wednesday. The report suggests that Uber's growth could be slowing after a strong 2023 in which it dominated the U.S. ride-share market and delivery business and posted its first annual profit.
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Wine producer Sula Vineyards Ltd on Wednesday reported a 4.85 per cent decline in consolidated net profit to Rs 13.55 crore in the fourth quarter ended March 2024.The company had posted a consolidated net profit of Rs 14.24 crore in the same quarter a year ago, Sula Vineyards said in a regulatory filing.Consolidated revenue from operations during the quarter under review stood at Rs 131.7 crore.
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Westlife Foodworld Ltd, the owner-operator of McDonald's restaurants across West and South India, on Wednesday reported a 96.2 per cent decline in consolidated profit after tax to Rs 76.35 lakh in the March quarter due to higher expenses. The company had posted a consolidated profit after tax of Rs 20.09 crore in the same quarter previous fiscal.
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