Latest Household Consumption Expenditure Survey data for 2022-23 clearly elucidates the classic Engel’s Law at play in India, wherein the share of spending on food declines as income rises. Of course, higher income means increased spending on food of superior quality that costs more, but this is unlikely to reverse the overall decline of the share of food in the consumption basket.

Reported Consolidated quarterly numbers for MPDL LIMITED are: Net Sales at Rs 1.66 crore in December 2023 down 78.78% from Rs. 7.82 crore in December 2022. Quarterly Net Loss at Rs. 1.03 crore in December 2023 up 29.58% from Rs. 1.46 crore in December 2022. EBITDA stands negative at Rs. 1.07 crore in December 2023 up 21.9% from Rs. 1.37 crore in December 2022.

Reported Consolidated quarterly numbers for Milkfood are: Net Sales at Rs 114.98 crore in December 2023 down 23.55% from Rs. 150.40 crore in December 2022. Quarterly Net Profit at Rs. 1.17 crore in December 2023 down 64.22% from Rs. 3.27 crore in December 2022. EBITDA stands at Rs. 6.64 crore in December 2023 down 18.93% from Rs. 8.19 crore in December 2022.

Shares of Genesys International Corporation Ltd rose over 3% on February 26 after Prime Minister Narendra Modi commissioned the firm's Digital Twin map stack in Varanasi. The value of the order is 7 crore. In 2019, PM Modi won Varanasi Lok Sabha seat with a record margin. At 1430 hours on Monday, Genesys' scrip on BSE was trading nearly 4% higher at Rs 548.55.

Reported Consolidated quarterly numbers for Murudeshwar Ceramics are: Net Sales at Rs 51.04 crore in December 2023 up 16.39% from Rs. 43.85 crore in December 2022. Quarterly Net Profit at Rs. 1.67 crore in December 2023 up 13.25% from Rs. 1.47 crore in December 2022. EBITDA stands at Rs. 7.45 crore in December 2023 up 2.48% from Rs. 7.27 crore in December 2022.

Reported Consolidated quarterly numbers for NMS Resources Global are: Net Sales at Rs 8.85 crore in December 2023 up 326.96% from Rs. 2.07 crore in December 2022.Quarterly Net Profit at Rs. 0.58 crore in December 2023 up 275.96% from Rs. 0.15 crore in December 2022.EBITDA stands at Rs. 1.00 crore in December 2023 up 400% from Rs. 0.20 crore in December 2022.

Pricing power, rising contributions from other segments and solid free cash flow generation strengthen Nvidia's investment case, foreign brokerage UBS said in its latest report on the company. In addition, various geopolitical risks also seem manageable, the report said. Contribution from China accounts for only mid-single digit percentage of Nvidia’s data center segment revenues.

There are lies, damned lies and statistics – and then there’s IRR. The internal rate of return metric used by private-capital managers has long had critics in finance and academia because it is easily manipulated and hard to compare with the transparent returns of, say, stocks and bonds. Still, it survives because there is no killer alternative.

Reported Consolidated quarterly numbers for Ansal Housing are: Net Sales at Rs 108.62 crore in December 2023 up 96.05% from Rs. 55.41 crore in December 2022. Quarterly Net Loss at Rs. 6.59 crore in December 2023 down 3.38% from Rs. 6.38 crore in December 2022. EBITDA stands at Rs. 18.35 crore in December 2023 up 83.87% from Rs. 9.98 crore in December 2022.

Indian paints industry is gearing up for intense competition as a war for market share is waiting to unravel with Grasim's entry into the sector. The ABG company has already guided that it will exit FY25 with a high single-digit market share, causing ripples across the sector. The sector, which was initially dominated by a few key players, is now seeing more new entrants backed by conglomerates.

Reported Consolidated quarterly numbers for Ansal Buildwell are: Net Sales at Rs 24.28 crore in December 2023 up 360.1% from Rs. 5.28 crore in December 2022. Quarterly Net Profit at Rs. 16.09 crore in December 2023 up 838.36% from Rs. 2.18 crore in December 2022. EBITDA stands at Rs. 17.77 crore in December 2023 up 2321.25% from Rs. 0.80 crore in December 2022.

Reported Consolidated quarterly numbers for IITL Projects are:Net Sales at Rs 0.58 crore in December 2023 up 48.69% from Rs. 0.39 crore in December 2022.Quarterly Net Profit at Rs. 20.94 crore in December 2023 up 1097.01% from Rs. 1.75 crore in December 2022.EBITDA stands at Rs. 3.43 crore in December 2023 up 0% from Rs. 0.00 crore in December 2022.

Reported Consolidated quarterly numbers for Coffee Day Enterprises are:Net Sales at Rs 256.91 crore in December 2023 up 5.35% from Rs. 243.85 crore in December 2022.Quarterly Net Profit at Rs. 69.19 crore in December 2023 up 117.21% from Rs. 402.06 crore in December 2022.EBITDA stands at Rs. 122.50 crore in December 2023 up 137.05% from Rs. 330.67 crore in December 2022.

Reported Consolidated quarterly numbers for Nidhi Granites are: Net Sales at Rs 10.66 crore in December 2023 up 55.7% from Rs. 6.85 crore in December 2022. Quarterly Net Profit at Rs. 0.45 crore in December 2023 up 271.18% from Rs. 0.12 crore in December 2022. EBITDA stands at Rs. 0.88 crore in December 2023 up 144.44% from Rs. 0.36 crore in December 2022.

The Ministry of Corporate Affairs (MCA) has asked its probe team for faster submission of the inspection report on Byju’s, which is running three months beyond schedule, a senior government official said. “The ministry of Corporate Affairs has asked to expedite submission of inspection report on Byju’s. It is already 2-3 months overdue,” the official confirmed to Moneycontrol.