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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
Ramesh Kumar, 2 years
Relaxo falls 3% on weak Q1FY25 results; record date for dividend…

Statements by Ramesh Kumar

“ Their closure shows that they knew they did not have fire NOCs. As soon as the news broke that checking teams were being formed, the directors instructed staff to lock up. They are waiting for the…
Ramesh Kumar
Ramesh Kumar, 11 days
Spotting next Lko fire site: Countless coaching centres a template of…
“ I have not opened my stall since the fire,
Ramesh Kumar
Ramesh Kumar, 3 months
Street vendors turn saviours, provide succour to survivors of Lucknow…
“ Crossing this stretch in the afternoon takes longer than the entire drive from Charbagh,
Ramesh Kumar
Ramesh Kumar, 6 months
Roads wide enough, encroachments narrow them into choke points in…

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