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“ The company reported nominal revenue increase during the quarter, largely due to weak consumer sentiments driven by election related disruptions and severe heat conditions in many parts of India. We operate in a labour intensive industry which was impacted by an abnormal increase in minimum wages as mandated by the government. We decided not to pass on the higher costs to consumers in the current subdued market conditions, which has impacted profitability in this quarter. Capex incurred to manufacture higher volumes in the future have also led to higher depreciation expenses in this quarter,
Ramesh Kumar, a year
Relaxo falls 3% on weak Q1FY25 results; record date for dividend…

Statements by Ramesh Kumar

“ We had just started recovering from last year when this hit us again. Our crops are once more under water. It feels like all our hard work has drowned in the river,
Ramesh Kumar, 10 days
Yamuna swells to danger mark; low-lying villages, sectors submerged in…
“ Same thing happens every year. The nullah overflows and sewage enters our houses. Who is responsible for this?
Ramesh Kumar, 11 days
Slush, stench: Relief eludes residents in low-lying areas in Ludhiana
“ We had to leave our fields and move our cattle to the shelter,
Ramesh Kumar, 13 days
Yamuna rise triggers evacuation in Noida; officials maintain vigil,…

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