Sales

Arvind SmartSpaces eyes nearly 50% real estate sales on digital platform

Industry average among organised real estate currently at 30%

Apple reaches 60% sales share mark for first time since 2017

Driven by strong 5G upgrades for the iPhone 12 and iPhone 13 series, Apple reached the 60 per cent sales share mark globally last year -- for the first time since 2017.

Meesho clocks 14 mn orders during Holi sale, surpasses peak Diwali demand

During the recently concluded Holi sale, the company saw nearly 80% of the demand coming from tier 2+ markets like Amravati, Aurangabad, Faizabad, Muzaffarpur and Silchar.

Godrej Properties expects Jan-Mar to be best-ever qtr for sales bookings

Godrej Properties expects record sales bookings during this quarter, beating the previous high of Rs 2,632 crore, driven by new launches of around 10 housing projects amid strong revival of demand.

Pandemic or not, I'm bullish on FY23 biz outlook: Westlife's Amit Jatia

In a Q&A, the chief of McDonald's master franchisee, talks about his company's strategy to expand its presence in more towns as it increases its store count

Multiple triggers across key markets may support Cipla's recent rally

In addition to the Q3 show, new launches offer upsides from current levels

Activist investor pushes Peloton to fire CEO and seek sale

Blackwells Capital LLC, which has a stake of less than 5%, has called for the departure of CEO and co-founder John Foley, and wants Peloton to explore a sale of the business.

Metro Brands expects sales growth to moderate amid third Covid wave

Traffic at its stores impacted due to restrictions in third wave

Realty firm Kolte-Patil Q3 sales bookings jump 77% to Rs 561 cr

Pune-based Kolte-Patil Developers Ltd on Wednesday reported a 77 per cent jump in its sales bookings to Rs 561 crore for the quarter ended December. Its sales bookings stood at Rs 317 crore in the year-ago period. In a statement, the company said its sales bookings rose 83 per cent to Rs 1,238 crore during the April-December period of the 2021-22 fiscal year from Rs 676 crore in the year-ago period. Commenting on the update, Rahul Talele, Group CEO of Kolte-Patil Developers Ltd, said, "Sales traction remains promising across our key markets and product categories..." Going forward, he said the company is geared up to scale its operations while maintaining financial discipline. "We are set to expand our portfolio of projects with several launches lined up across key micro-markets in Pune, Mumbai and Bengaluru," Talele said. The company continues to evaluate several business development opportunities to expand its market share. The company has developed and constructed over 50 pr

Trell content creators drive 300% growth in sales during 5-day event

Top five content creators sold products worth more than Rs 2.5 crore, says company.

M&M total sales rise 11% in December to 39,157 units

Mahindra & Mahindra (M&M) on Saturday reported an 11 per cent increase in total sales at 39,157 units in December 2021. The company had sold 35,187 units in December 2020, M&M said in a statement. In the domestic market, passenger vehicle sales were up 10 per cent to 17,722 units last month, compared to 16,182 units in December 2020. In the commercial vehicles segment, the company sold 18,418 vehicles in the domestic market last month as against 16,795 units in December 2020, an increase of 10 per cent. Exports increased by 37 per cent to 3,017 units in December 2021 compared to 2,210 units in the year-ago month. "We have seen growth in business segments, including Passenger Vehicles, Commercial Vehicles and International Operations, owing to continued strong demand across the product portfolio," M&M Chief Executive Officer Automotive Division Veejay Nakra said. The issues around semiconductor-related parts continue to be a challenge for the industry and remains a ...

Hyundai expects to sustain double-digit sales growth in 2022 as well

Hyundai Motor India expects robust sales to continue in 2022 as well with various positive factors, like improvement in the availability of semiconductors, aiding the business growth.

Domestic growth trajectory in key areas to remain strong for Torrent Pharma

More gains for the stock will depend on the recovery in the US market

Maruti Suzuki total sales decline 9% YoY in Nov due to chip crisis

The car major is expecting an adverse impact on vehicle production in Haryana and Gujarat plants in Dec 2021 owing to electronic components supply constraint

Tata Motors domestic sales up 21% in Nov on better volumes across the board

Growth was led by passenger vehicles, whose sales jumped 32% even as most other manufacturers saw production take a hit due to ongoing chip shortage

Muted near-term margin outlook for Godrej Consumer, stock sheds 3.5%

Sales growth in Q2 came in line with estimates

Strides Pharma's revenue drops 8% to Rs 736 crore in Sept quarter

A muted sales performance accompanied with a drop in gross margins and relatively higher operating costs has led to a negative operating leverage in the first half of FY22

Peloton lowers forecast after pandemic sales' boom turns to bust

The grim outlook sent the stock tumbling as much as 30% to $60.12 in late trading. Even before the swoon, Peloton shares were down 43% this year.

Indian e-commerce sales could grow by up to 60%, hit $84 bn in CY21: study

EasyEcom report predicts 32-68% spike in festive season demand; electronics the top category in this space, with 34% share of GMV in CY2020, likely to hold fort going forward

UK's Tesco defies supply chain challenges to lift profit forecast

First-half core retail profit up 16.6% ; launches 500 mn pound share buyback