Ramesh Kumar: The company reported nominal revenue increase during the quarter, largely due to…

“ 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, 4 months

Relaxo falls 3% on weak Q1FY25 results; record date for dividend…

Statements by Ramesh Kumar

“ The water level increased in the morning, causing water to enter the Hanuman Bhagda and Valsad area, disrupting road connectivity. We rescued a pregnant woman and are distributing food and relief…

Ramesh Kumar, 3 months

Gujarat Rains: Ahmedabad Airport issues advisory for passengers amid…

“ The water level increased in the morning due to which water entered the Hanuman Bhagda and Valsad area and the road connectivity got disrupted. We rescued a pregnant woman and we are distributing food…

Ramesh Kumar, 3 months

Watch: Ahmedabad, Gandhinagar Witness Severe Waterlogging As Heavy…

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