Devyani International: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Devyani International (Devyani) reported a good quarter, withstanding the effects of inflation as well as January and February COVID impact. Its sales grew by 36%, operating profit grew by 19% and the net profit grew by 24.6% on a y-o-y (year on year) basis. Profits were higher partly due to some taxation benefits of Rs33.5 crore. It has opened 54 new stores in this quarter and 246 new stores...
Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
Already a subscriber ? Log in
Borosil Renewables: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Borosil Renewables reported gross quarterly revenue of Rs179 crore, up 6% quarter-on-quarter (q-o-q) but down 8% year-on-year (y-o-y). Operating profit was Rs59 crore down 16% q-o-q and 43% y-o-y and net profit was Rs46 crore,...
The Loneliness of a Long-term Investor
R Balakrishnan, 12 May 2022
“The Loneliness of the Long Distance Runner” was the title of one of the short stories (as well as the book that included it) by Alan Sillitoe. The book was subsequently made into a film. I have enjoyed all his works and this title...
Syngene International: Slow Growth, Rich Valuation
Moneylife Digital Team 12 May 2022
The discovery and development of new medicines is a highly complex and R&D (research & development)-intensive process. From drug discovery through to FDA (Food and Drug Administration) approval, developing a new medicine takes, on...
IPO Review: Venus Pipes and Tubes Ltd
Moneylife Digital Team 12 May 2022
Incorporated in 2015, the sole focus of Venus Pipes and Tubes Ltd (Venus) is on manufacturing welded and seamless pipes in a single metal category of stainless steel (SS). It has five production lines at its manufacturing facility...
Free Helpline
Legal Credit