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United Spirits’ MD Praveen Someshwar said strong Q2 sales were driven by urban demand and premium brands, but warned of a challenging second half due to regulatory disruptions in Maharashtra and Andhra Pradesh, despite efforts to optimize its value chain.
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Mortgage firm Aptus Value Housing Finance India on Friday reported a 24 per cent rise in net profit to Rs 227 crore for the second quarter ended September, supported by business growth.
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The S&P 500 and the Nasdaq opened higher on Friday after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes suffered their sharpest drop in more than three weeks.
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State-owned Bank of Baroda (BoB) on Friday reported an 8 per cent fall in net profit to Rs 4,809 crore for the second quarter ended September as interest income moderates.
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Patanjali Foods Ltd, which is mainly into edible oils, on Friday reported a 67 per cent increase in its consolidated net profit to Rs 516.69 crore for the second quarter of this financial year.
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