Himank Sharma News Today

A CRISIL Ratings report forecasts 17-19% annual revenue growth for organised gold jewellery retailers in fiscal 2025, driven by higher gold prices. Retailers plan marketing efforts to counter demand moderation. Operating profitability may slightly decrease due to increased inventory. Organised retailers will continue gaining market share, with stable credit profiles despite rising working capital debt.

Benefiting from strong sales organised gold jewellery retailers are set to clock 17-19 per cent revenue growth in the current financial year 2024-25 according

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent revenue growth in the current financial year 2024-25, according to the rating agency Crisil. It asserted that the projected revenue would be driven by higher realisations stemming from elevated gold prices, while volume remains steady.

Notably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially of hosiery. Tailwinds from the agreement could add 2-3% to hosiery exports from the historical level of 10%. That said, revenue growth would be higher than the 18-20% expected, were it not for a 15-17% fall in realisations that saw a significant uptrend in the past two fiscals.

Indian Hosiery: Notably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially of hosiery. Tailwinds from the agreement could add 2-3% to hosiery exports from the historical level of 10%. That said, revenue growth would be higher than the 18-20% expected, were it not for a 15-17% fall in realisations that saw a significant uptrend in the past two fiscals.

Revenue of the Indian viscose staple yarn (VSY) industry is set to grow 10-12% on-year to an all-time high of over $2.5 billion this fiscal on continued strong demand — similar pace to last fiscal, said CRISIL Ratings. VSY is an attractive alternative to cotton yarn because of its lower prices and comparable features. It logged a compound annual growth rate of 13% over the last three fiscals, higher than 5% for cotton yarn

Revenue of the Indian viscose staple yarn (VSY) industry is set to grow 10-12% on-year to an all-time high of over $2.5 billion this fiscal on continued strong demand — similar pace to last fiscal, said CRISIL Ratings. VSY is an attractive alternative to cotton yarn because of its lower prices and comparable features. It logged a compound annual growth rate of 13% over the last three fiscals, higher than 5% for cotton yarn

   business bureauthe poultry sector is likely to witness a 10 per cent revenue growth in this financial year due to a sustained increase in demand amid moderating realisations, a report said on tuesday. along with revenue, crisil ratings i

The Indian poultry sector is expected to see a growth in revenue of around 10% in the current fiscal year fuelled by sustained demand, according to a report by CRISIL Ratings. Operating profitability is also predicted to increase by 70 basis points, helped by a decline in feed costs thanks to softer soy and maize prices. Last fiscal year saw the sector record a 25% topline surge creating a high base for the current year.