Delhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling major consolidation in India’s logistics sector. The deal marks an 80% drop in Ecom Express’s valuation, with key PE investors exiting. Delhivery aims to boost scale and efficiency, while the acquisition awaits regulatory approval and is expected to close within six months.
Hero MotoCorp reported a 12% growth in March 2025 sales, totaling 5,49,604 units, and achieved its highest-ever monthly global dispatches with a 27% increase. The company saw significant growth in its electric vehicle segment, with over 58,000 VIDA scooters sold, and strong international sales, marking a 43% rise in exports.
Dabur India shares dropped 7.5 per cent after reporting a subdued FMCG volume growth in Q4 FY25. The company projects flat consolidated revenue and a decline in operating profit margin. Rural markets showed resilience while urban areas struggled. Key international markets and brands like 'Homemade' and 'Badshah' performed well, though overall India FMCG business may decline.
Hero Motocorp reported a 12 per cent growth in March 2025 sales with 5,49,604 units sold and recorded its highest-ever monthly global dispatches at 39,518 units. The company saw a significant rise in electric vehicle sales, with VIDA V2 electric scooters performing well. Hero's exports grew by 43 per cent, and it achieved strong domestic sales and premium segment presence.
Hindustan Unilever (HUL) gains CCI approval to acquire the parent company of beauty and personal care brand Minimalist, Uprising Science, for Rs 2,955 crore. HUL will acquire 90.5% of the shares initially, with plans for the remaining 9.5% within two years. The Minimalist team will manage the business for the next two years.
Polycab India share price: The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and cables companies by as much as 23%. The downgrade was attributed to UltraTech's Rs 1,800 crore investment, which was seen as an "industry-fragmenting" event potentially impacting long-term earnings growth for existing players.
Zomato's CEO Deepinder Goyal has introduced Nugget, an AI-supported customer support platform for its food delivery, Blinkit, and Hyperpure segments. Developed over three years, Nugget manages over 15 million interactions monthly and is open to global businesses. Zomato plans to rebrand as Eternal Ltd, consolidating its four main businesses under this new name.
Honasa Consumer Q3 Results: Q3FY25 revenue from operations was reported at Rs 518 crore, marking a 6% increase from Rs 488 crore posted in the same quarter last year. In an exchange filing, the company reported a 6% revenue increase, reflecting growth momentum. Mamaearth expanded its market share and household penetration, reaching 2,16,814 FMCG retail outlets in India by December 2024 — a 22% YoY distribution growth, according to NielsenIQ.
Bata India’s shares may attract attention on February 11, after reporting a 1.3% YoY increase in net profit to Rs 58.7 crore for Q3FY25. The company’s revenue rose 1.7% YoY to Rs 919 crore. Operating profitability also improved, with EBITDA growing 9.4% to Rs 99.52 crore, signaling a positive financial performance despite challenging market conditions.
Nykaa Q3 Results Preview: Nykaa's Q3FY25 update forecasts 27% YoY revenue growth, driven by a strong performance in the BPC segment, with eB2B contributing 8% of BPC GMV. Fashion segment faces muted demand, but market share gains persist. Despite some margin pressure, overall growth remains positive, with expected EBITDA margin expansion due to reduced losses in fashion and other segments.
Mukesh Ambani-led Reliance Retail has re-launched Shein in India, sparking a fast fashion war and challenging competitors like Trent's Zudio and Nykaa Fashion. Despite potential competitive pressures, experts suggest that Shein's online-first model might face challenges in supply chain establishment and unit economics. Shein has a good brand recall in India and before it was banned about 5 years ago amid Indo-China tensions, it got 20,000-50,000 daily orders.
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