Nykaa’s 1Q EBITDA fell short of our projections due to several factors, including increased discounting, decreased advertising revenue, and a disappointing gross margin (GM) performance, among other reasons. The challenging macroeconomic environment has had a notable impact on the fashion industry’s growth, while the Beauty, Personal Care, and Cosmetics (BPC) sector maintained its position with […]
Day: November 24, 2022
India’s coal output rises nearly 11 pc in Dec to 92.87 MTIndia’s coal output rises nearly 11 pc in Dec to 92.87 MT
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official statement said on Tuesday.The country’s coal output was 83.86 MT in December 2022. “The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights,” the […]