Devyani International: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Sales of Devyani International (Devyani) in Q2FY22-23 were up by 44.76% y-o-y (year-on-year) and 6% q-o-q (quarter-on-quarter) to Rs 747 crore. The revenue growth was led by a combination of new store openings, pricing and volume growth. Gross margin declined by 90bps (basis points) q-o-q to 70.2%, due to high inflation even after taking price hikes in the previous quarters. Operating profit...
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Deepak Nitrite: September ’22 Results Update
Moneylife Digital Team 22 November 2022
Deepak Nitrite reported weaker numbers in Q2FY22-23. Revenue rose by 17% y-o-y (year-on-year) to Rs1,962 crore, driven by volume growth in advance intermediates and phenolics segment. However, growth was impacted due to a fire at...
Rainbow Children’s Medicare: September ’22 Results Update
Moneylife Digital Team 22 November 2022
Rainbow Children’s Medicare (RCM), which went public in April 2022, is a multi-specialty paediatric, obstetrics and gynaecology hospital chain which was earlier backed by the UK-based development finance institution—CDC...
Sapphire Foods India: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Sapphire Foods India (Sapphire), a franchisee of Yum Brands, operates on a non-exclusive basis in India. It operates brands such as KFC, Pizza Hut (PH) and Taco Bell in several states in India and across Sri Lanka and the Maldives....
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 19 November 2022
INDIAN MARKET TRENDS
From 11th November to 18 November 2022, the Sensex, the NIFTY, ML Micro-cap Index and ML Mid-cap Index ended flat. ML Large-cap Index and ML Mega-cap Index fell 1% each. ML Small-cap Index fell...
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